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Top ERM Challenges in FinTech & How REDE’s IRM/GRC Team Can Help

REDE Consulting · Feb 07, 2025 · article

FinTech companies face increasing Enterprise Risk Management (ERM) challenges, from regulatory scrutiny to cyber threats.

Here are the top risks and how REDE Consulting’s IRM/GRC team can help:

1️⃣ Regulatory Compliance & Evolving Frameworks

Challenge: Frequent changes in financial regulations (PCI DSS, GDPR, SOC 2, etc.) make compliance complex.

REDE’s Solution: Automated ServiceNow GRC workflows, real-time compliance tracking & reporting.

2️⃣ Cybersecurity & Data Privacy Risks

Challenge: Rising cyber threats & data breaches impacting customer trust.

REDE’s Solution: AI-driven risk assessments, threat intelligence, and policy enforcement.

3️⃣ Third-Party & Vendor Risk Management

Challenge: Dependence on multiple vendors increases exposure to operational and security risks.

REDE’s Solution: End-to-end Third-Party Risk Management (TPRM) with real-time vendor monitoring.

4️⃣ Financial & Operational Resilience

Challenge: Market volatility and disruptions affecting risk posture.

REDE’s Solution: Advanced Risk & Controls frameworks, integrating FinOps for cost optimization.

5️⃣ Governance, Risk, and Compliance (GRC) Silos

Challenge: Lack of centralized risk visibility across departments.

REDE’s Solution: Unified ServiceNow IRM platform for enterprise-wide risk management.

Stay ahead of risks & regulations with REDE Consulting!

Contact our IRM/GRC experts now at [sales@rede-consulting.com]

About REDE Consulting REDE Consulting is a trusted leader in delivering transformative ServiceNow solutions, specializing in modules such as IRM/GRC, ITAM, ITOM, CMDB, and DATA BRICKS+AI. We integrate the power of FinOps and compliance, offering comprehensive services, including strategic advisory, seamless implementation, custom development, and ongoing managed support.

For more details visit www.REDE-Consulting.com now!

FinTech #ERM #RiskManagement #GRC #ServiceNow #REDEConsulting #Compliance #CyberSecurity

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