Through ongoing research and development, we continue to deliver forward-thinking products that motivate and activate Board, Managers and business owners to take a serious look at the way they are managing GRC in their organisation and to think about Compliance and Risk systems from a new perspective that has it’s foundation in sound business practice and the principles of good governance.
TriLine GRC is a highly reputable international company focused on providing customised, usable and intuitive technology to companies who are actively committed to developing solid, sustainable, scalable GRC frameworks within their organisation.
What is governance?
Corporate governance is fundamental to the successful operation of any business or organisation. It can best be described as a set of relationships between a company’s management, board, shareholders, and other stakeholders, which provides the structure through which the objectives of the company are set. Furthermore it provides the means of attaining and monitoring performance against those objectives.
The TriLine GRC Philosophy
The Three Lines of Defence model provides a simple and effective way to enhance communications on risk management and control by clarifying essential roles and duties. It provides a fresh look at operations, helping to assure the ongoing success of risk management initiatives, and it is appropriate for any organisation — regardless of size or complexity.
Even in organisations where a formal risk management framework or system does not exist, the Three Lines of Defence model can enhance clarity regarding risks and controls and help improve the effectiveness of risk management systems. In many organisations, the first line of defence lies with operational management, the second line with the Risk and Compliance team and the third with Internal or External Audit. However, there is no set methodology as it ultimately comes down to what structure best suits the business.
Associations and Partners
TriLine GRC has close ties with several financial services trade associations. We are actively engaged with the regulator, industry bodies and strive to ensure that our solution meets the ever-changing compliance and regulatory demands facing firms in our target sectors.
The Finance & Leasing Association is the UK’s leading trade body for asset finance, consumer finance and motor finance sectors. Their members include banks and their subsidiaries, the finance arms of major retailers and manufacturers, and a range of independent firms.
Provide members with information to help them run their businesses, and represent their interests to a wide range of audiences including regulators, the government, parliament (EU and UK), the media, other opinion formers and the general public.
The CCTA enjoy a reputation for integrity and a strong independent voice. Their members offer credit in a high profile, dynamic market, and rely on CCTA to provide a yard stick for best practice. Their services include, legal advice, complaint conciliation, training, fully compliant credit agreements and a comprehensive news update and media network.
The only National Trade Association in the UK for companies active in the debt collection and debt purchase industry. The Association, which has a history dating back to 1906, has around 300 member companies who employ 11,000 people. As the voice of the collections industry, their vision is to build confidence in debt collection by making the entire process clear, easy to understand and less stressful for all those involved.
Is the trade body that represents UK investment managers, which is the largest industry of its kind in Europe and the second largest in the world. They support member firms, which are governed by laws and regulations in the UK, Europe and internationally and shape the investment landscape to ensure that members are able to deliver the best outcomes for their clients.
The Personal Investment Management and Financial Advice Association (PIMFA) is the trade association for firms that provide investment management and financial advice to help individuals and families plan for their financial life journeys. On 1st June 2017 the two leading UK trade associations, APFA and the WMA, merged to create PIMFA. The collective experience of the WMA and APFA is leveraged into a stronger, united voice that lobbies for the combined membership, while unlocking many other benefits.
UK Finance is the collective voice for the banking and finance industry. Representing more than 250 firms across the industry, they act to enhance competitiveness, support customers and facilitate innovation. They work on behalf of their members to promote a safe, transparent and innovative banking and finance industry through research, policy expertise, thought leadership and advocacy in support of a diverse and competitive industry.