Member SpoTlight - Alphacco

Meet Yvan Proteau, CEO of AlphaCCO
Tell us a little about your organization
​Founded in 2015, Alpha CCO  is a flexible and easy-to-use SaaS platform for automating and operationalizing Governance, Risk and Compliance activities.  It offers:

• greater transparency in the design and application of internal controls
• faster response to regulatory changes
• automatic collection of the necessary evidence in the event of an audit
• management of GRC costs
• reduction in the risks associated with non-compliance

The platform has been designed specifically to meet the GRC needs of fund managers and members of the executive suite, who need a better understanding of their risk exposure.  It is also perfectly suited to meet broader and generic compliance needs, such as compliance with IT security standards, and governance related to social and environmental issues.

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​Why are Governance, Risk and Compliance critical organizational issues?
Simplifying, automating and organizing GRC is a major challenge for organizations. The impact of non-compliance incidents has grown rapidly over the past few years, with several events causing losses in the hundreds of millions and even billions of dollars. Consequently, the expectations of regulators continue to rise. Modernizing compliance is no longer an option.
 
How does Alpha CCO facilitate Governance, Risk and Compliance?
Alpha CCO helps businesses take control of their GRC by:

• monitoring the controls in place in real time and quickly targeting risk areas
• consolidating data and collecting evidence to facilitate reporting to auditors and regulators
• allocating resources and performing quality assurance on entire workflows
• performing internal audits using an adaptable questionnaire tool and taking proactive corrective actions

 
Why did you join the CRTA?
As a partner of the Canadian RegTech Association, Alpha CCO believes it can contribute to the ongoing RegTech dialogue through innovative ideas, and provide organizational solutions at a rate equivalent to the transformation needs of many organizations.