ICE is a proven GRC solution for the delivery of effective, integrated governance, risk and compliance management in major organisations in the UK and Europe. It is used by over 1,500 users in European and US-owned enterprises.
The web-based GRC solution can be used by any large, complex organisation that wants to cut the cost of SOX compliance or which needs to demonstrate compliance with any type of financial, regulatory or quality control. It is particularly suited to businesses with complex regulatory frameworks, including the banking & finance, media & telecoms and retail sectors.
Banking and Finance
Financial sector organisations must be able to demonstrate effective control to help build customer trust and create real business value. ICE delivers a control framework necessary not just to achieve compliance with financial and business regulations, but also to demonstrate it, without the need for onerous, iterative manual processes.
- Mitigates risks by ensuring controls are designed well and operate effectively
- Helps reduce costs and improve organisational efficiencies for the financial sector
- Slashes the rate of control failures and demonstrates regulatory compliance through appropriate internal audit and risk management processes and reporting
- Delivers control environment reporting that is appropriate to the financial sector.
Media and Telecoms
Media, communications and entertainment service providers need to achieve, maintain and prove compliance with stringent financial and industry regulations. ICE ensures that the control environment can be monitored effectively across the organisation, making it particularly appropriate for service providers in multi-media or quad-play markets.
- Ensures regulatory compliance through tighter monitoring of controls – particularly in the complex quad-play market
- Improves business resilience and reduces the potential for loss due to control failures
- Enables internal and external audits to be carried out remotely in a timely, effective manner
- Delivers control environment reporting that is appropriate to the multi-media sector.
Among the greatest threats to retail organisations are technology failure, fraud and the maintenance of data quality. ICE delivers a proven solution that gives retailers an integrated control environment to devolve ownership of control processes, whilst maintaining a clear view for risk managers and internal and external auditors.
- Lets retailers stay on top of control environments in fast-paced retail environments
- Helps drive down cost through effective monitoring of control environments in complex, geographically diverse organisations
- Gives an at-a-glance insight into business processes
- Enables managed storage of policies, manuals and instructions.
“ICE has significantly improved the effectiveness and transparency of the control environment within the Investment Bank. It is now a vital tool embedded into the working practices across the back-office.”
Ian Smith, UK CFO & General Manager, Commerzbank London
“ICE is a flexible system that can be tailored to a variety of compliance streams, not just SOX. We have found it to be very effective at changing behaviour and pushing control ownership out to the business. Having all our documents and evidence in one place now means that testing can be done much more efficiently. We’ve been grateful for your personable support and the prompt way you come up with solutions to meet our needs.”
Ashima Banks-Smith, SOX & Compliance Senior Manager, Virgin Media