Garanti Bank Selects Paisley Enterprise GRC® Software for Internal Audit Management
Garanti Bank has chosen Paisley Enterprise GRC® to manage its global internal audit business processes. Paisley Enterprise GRC, the industry leading GRC software solution from Thomson Reuters, was selected for its market-leading position in integrated governance, risk, and compliance (GRC) and its proven track record delivering best-in-class internal audit management solutions to large enterprise organizations.
“Paisley Enterprise GRC includes the specific functionality we require to streamline and drive costs out of our internal audit business processes,” said Osman Turgut, Head of Internal Audit, Garanti Bank. “The Paisley Enterprise GRC system will enable us to further enhance the efficiency and transparency of our internal audit processes and improve the effectiveness of our governance and risk processes.”
Garanti Bank is Turkey’s second largest private bank by asset size with the highest capacity to generate recurrent banking revenues. As a universal bank with leading presence in all business lines, Garanti serves more than eight million customers in corporate, commercial, subject matter expert (SME), and consumer segments, offering fully integrated financial services through its nine financial subsidiaries that include payment systems, pension, leasing, factoring, brokerage, and asset management.
“Paisley continues to be recognized as the global market leader in governance, risk, and compliance, including internal audit management,” said Marc Adams, vice president of Paisley EMEA. “We are delighted to welcome Garanti Bank as the latest organization in the financial services market to take advantage of the market-leading governance, risk, and compliance capabilities offered in Paisley Enterprise GRC.”
Paisley Enterprise GRC includes purpose-built components for the full spectrum of governance, risk, and compliance requirements. The software includes components for financial controls management, operational risk management (ORM), enterprise risk management (ERM), internal audit management, IT governance and compliance.
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