Effective IT governance integrates and institutionalizes good practices in IT leadership, organizational structures, and processes to ensure that the enterprise’s information technology resources support and extend the organization’s strategies and objectives. KPMG provides IT Governance and IT Risk Management advisory services to help our clients to:
- Establish conditions that allow IT management to operate effectively
- Get the most value from the IT function and IT resources
- Satisfy quality, fiduciary and security requirements
- Understand and manage key IT risks
Our Information Protection and Business Resilience professionals assist clients in developing processes to protect the security and privacy of information assets, and to establish and sustain business resilience to disasters and other events through business continuity & disaster recovery planning. We incorporate a full life-cycle approach, which includes assessment, architecture, implementation, and monitoring services to establish and sustain information protection and business resilience.
KPMG helps clients to successfully plan, execute, and monitor major IT programs/projects and significant business application systems, and to identify and manage the associated risks. We provide services throughout the systems lifecycle, from strategy and planning, through requirements definition, vendor/solution sourcing, design, implementation, conversion, operation, stabilization, enhancement, monitoring, and audit. Our services help to achieve business objectives for the programs / projects / systems, and to prevent or resolve associated costs and problems. Our Risk Consulting services in this area include:
- Program/Project Risk Management
- Business systems controls design and evaluation
- Quality Assurance / Independent Verification & Validation
- Project/System Recovery, Stabilization and Improvement
With rising regulatory costs and pressure to maximize efficiency and reduce costs, convergence of governance, risk and compliance (GRC) efforts have been seen as key for survival among many clients. Technology is a key enabler in the implementation of an integrated framework that unifies the governance, risk, compliance, and assurance functions across an organization. It provides support for a holistic approach to GRC, which seeks to protect and enhance business value, enhance operational efficiency, and support strategic objectives. Our GRC Technology professionals assist clients with identifying requirements, vendor selection, design and implementation of tools and processes to support the organization’s efforts to converge their GRC processes.
Our IT Audit professionals provide internal and external audit services to assist management, internal audit, and external financial statement audit teams to understand and evaluate IT governance, risk, and control issues. Our IT audit services include:
- Attestation Services: Formal assurance on systems, processes, and controls, under standards such as: CSAE 3416 , SSAE 16, and ISAE 3402 Audits of Service Organization Controls, SysTrust (systems security & reliability assurance), and other standards.
- IT Internal Audit: Audit and evaluation of IT-related subject matters in an internal audit context, drawing on the experience of our range of IT professionals as relevant to the specific subject matter.
- “IRM in the External Audit”: Our IT Audit professionals assist KPMG's Audit teams in assessing controls risk and in dealing with complex technology topics in support of financial statement and integrated audits.