Telecommunications 

For telecommunications operators and infrastructure companies, 2010 and beyond represent unprecedented challenges as communication cost and barriers tumble and the world becomes ever more connected. These challenges will impact companies, whether fixed, mobile, virtual, or ISP.

Key challenges faced by telco's include:

• Capital allocation and spending, particularly in wireless and mobile environments 
• Convergence of services and devices
• Regulatory and Compliance pressures from regulators (e.g. FCC) to PCI standards and more
• Internal Processes and Systems
• Privacy and security of devices as well as fraud management as greater applications are used such as mobile banking
• Industry consolidation and increased competition - strategic risks
• Cost containment

It is in this environment that telco executives need to not only manage their organizations effectively but to do so transparently too.  Risk and Compliance functions in telcos will require new and improved solutions to meet their objectives:

• Meet regulatory requirements within cost and time constraints
• Obtain a single integrated view of risk and compliance across the organization
• Link risk and compliance processes to policy and ensure adequate knowledge exists of these
• Accurate modeling and management of capital projects that will illustrate ROI scenarios 
• Management of financial controls to reduce fraud
• Consolidated audit management of diverse business areas

In order to meet these challenges, Cura's Enterprise GRC Platform has been developed to assist Telecommunication companies globally achieve competitive advantage and better managed businesses.  Cura's proven success in the sector is evident from its long list of customers that include Vodafone plc, Vodacom, Porta Telecom, MTN and others.

Cura's solutions will assist your organization in:

• Risk Management - Easy to use risk management information system that deals with identification, analysis, ongoing management and treatment of all enterprise and operational risks.  

• Whistleblowing and Case Management - Capture of whistleblowing and complaints recording, case management features of Cura will assist in the achievement of a better governed organization through well documented investigations and audits.

• Centralized Information Store - Full content and document management so that policy, process, risks and controls can be displayed in configured views based on the role of the user and in the context that the user needs to make effective decisions.

• Advanced Reporting - covering reports and dashboards that range from local stakeholder related data right through to advanced aggregation, audit committee, risk committee and ultimately board reporting needs.

• HS&E - Health, Safety and Environment are key aspects that are driven by regulatory pressures. Using Cura features that enable easy capture, recording, investigation and audits of the HS&E issues that arise, the organization will benefit from the lessons learned and reduce overall risk and cost.

• Audit management - Using Cura's Audit Module, the diverse aspects of all audit needs are catered for.  Whether it is revenue related, process, health & safety or IT related, Cura Audit's ability to deal with disparate audit requirements and consolidate results brings efficiencies in time and cost.

Related Information: 

• Data Sheets
• Case Studies
• White Papers

To find out more about Cura's capabilities in this sector, please contact us .