Nearly 45 out of 50 European-based GRC executives (including those from Barclays, Lloyd’s, and Swiss Re) expect their companies to increase or hold steady their GRC technology spending next year.

This press release contains more information on the reasons behind their GRC bullishness along with some interesting tidbits.

For example, 53 percent of survey respondents indicate that their organizations currently use a “siloed” GRC approach. However, more than nine out of 10 of these same respondents expect their organizations to move to an integrated GRC program within the next three years. ###