Governance, Risk, and Compliance or "GRC" is an increasingly recognised term that reflects a new way in which organisations can adopt an integrated approach to managing corporate governance, risk management, and compliance assurance. Governance, Risk and Compliance (GRC) are rapidly emerging challenges for enterprises and the significance of these topics has dramatically increased over the last few years as a result of numerous events that led to some of the largest scandals in corporate history.

As the increasing frequency of legislation and compliance demands outstrip the ability of government departments to respond effectively; the "business execution gap" grows introducing increasing new cost and risk to government.

Lefatshe Technologies addresses this execution gap and helps government departments and private sector clients alike take a holistic approach to managing these problems with proven best practices and an architecture methodology that includes people process and technology considerations.

Lefatshe has three areas of intervention where it can help the business and ICT:

IT Governance

• IT GRC Management
• Information Protection
• Information Privacy
• Enterprise Configuration
• Change Management
• CobiT
• AGSA Compliance (ISO27001)
• ECT Act Compliance
• Other ICT Compliance Challenges

Financial Compliance

• Policy and Process Management
• Enterprise Control Management
• Integrated Financial and Compliance Analytics
• Financial Controls (e.g. Separation of Duty)
• Asset & Resource Management Controls
• FICA Compliance
• MFM Act Compliance
• Other Compliance Challenges

Fraud & Collusion Detection

• People, Process & Transaction Monitoring
• Known Pattern and Anomaly Detection
• Business Activity Monitoring & Policy Reconciliation
• Fine-Grain Audit Trail Analysis