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Global Governance, Risk and Compliance Platform Market Report 2021 News provided by Share this article Share this article The global governance, risk and compliance platform market reached a value of US$ 29.2 Billion in 2020. Governance, risk and compliance (GRC) refer to the collection of capabilities that are utilized for tackling the broad issues of an organization s governance, enterprise risk management and compliance with regulations. GRC platforms aid in identifying, assessing and managing risks that have the potential to interfere with an organization s operations and objectives. Their employment in a workspace improves the decision-making process, increases optimal investments, and minimizes fragmentation among various divisions and departments. They are also utilized to coordinate the involvement of people, processes and technologies in a corporation to reduce the complexity for supervisors and effectively manage costs

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