Process Safety

Process safety professionals have always managed a complex web of demands from commercial, technical and compliance interests. In addition, more complex ownership/partnering arrangements impose higher levels of coordination, transparency, and observance to multiple standards/compliance regimes.

A systems approach can allow for synchronisation of activities across assets, processes, and people to align efforts, minimise rework and embed more efficient processes.

Can your process safety be managed more simply?


To Succeed:

Identifying best-practice can be impossible when the degree of variation imposed by a range of processes reduces opportunities to learn from the outcomes arising.

The large amounts of information generated throughout the process safety life-cycle can quickly become unmanageable and unusable.

Efficiently compiling a myriad of hazard studies with assurance, asset monitoring and work order management system data into a coherent safety case remains daunting.

What Good Looks Like:

Managing all risk and compliance obligations in one framework provides a unified view of exposure and control health so that compliance reporting is simply the output from the operational process.

Monitoring integrated KPIs should provide clear visibility of ongoing integrity and overall risk position, with drill-downs for more detailed information as required.

Standards should be simple to define and modify in line with changing requirements and made available for the next cycle of verifications.

Integrated action tracking ensures non-compliances are addressed in time, with follow up reviews, where required, and the loop always closed.

To read more on this topic take a look at:

KPMG Article: Ten Key Regulatory Challenges

Effects from the anticipated deregulatory policy agenda have not resulted in the dramatic lessening of regulatory challenges for financial services providers that had been predicted. In 2018, regulators clearly will continue to expect an overall strengthening of core risk management governance, controls, practices, and reporting, particularly in the areas of cybersecurity, third-party risk management, and conduct and culture. Continued adoption of automation and innovative technology will help drive sustainable and effective change across these regulatory challenges. Read More

CMS Wire Article: 10 Important Issues for Risk and Compliance Managers

As risk and compliance managers look toward the new decade, they are hoping for several changes in the GRC landscape. Based on conversations with industry experts and customers, we’ve compiled 10 of the most important issues for compliance professionals. Here we give you a look at the first 5, with the second five in part two. Read More


Meercat RiskView Benefit Ease of Use

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Meercat RiskView Software Benefit Single View of Risks and Controls

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