With conduct risk on the rise globally and impacting businesses of all sizes across all industries, Corethix is fast becoming the solution of choice to support Boards and Executives to combat this increasing challenge.
Conduct, Governance, Risk and Compliance (CGRC) practice specialists Cyclopedic Consulting, based in South Africa, recently approached the Corethix team to evaluate the platform as a tool to enhancing the existing offer to their clients.
“We decided to review the Corethix platform as a truly remarkable tool to assist companies to manage the culture of integrity, seeing that it can pro-actively impact upon an organisation’s culture within a short space of time, if implemented judiciously” remarked Tsholofelo Pooe, a Director at Cyclopedic.
“The Integrity Risk Index (IRI) has been designed to provide a high-level overview of the performance of organisations’ integrity risk by calculating a weekly IRI score based on the IRI integrity categories. The IRI dashboard provides a single measure and trend of the performance of an organisations’ integrity risk and provides suggestions for improving your IRI score by using diagnostic analysis algorithms built into the Corethix platform software which was the main reason why we decided to investigate and collaborate with Corethix, seeing that this organisational view can provide a very powerful management aid to organisations.” said Harry Pretorius from Cyclopedic.
“Cyclopedic Consulting is a specialist group of consultants that have the in-depth knowledge and experience in the CGRC domain that complements the value-add we see Corethix offering in this space. We are pleased to partner with Cyclopedic Consulting to add Corethix to their portfolio of services” said Christopher Crowe CEO at Corethix. “We have a number of clients in South Africa already using the Corethix platform and with Cyclopedic Consulting now officially a partner, this installed base will only expand.”
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About Corethix
Corethix was created by a team of corporate executives and integrity risk experts who have experienced firsthand the complexities of managing risk and compliance programs across several industries and sectors.
The increasing need for organisations to protect themselves against integrity risk and the resulting damage to their people, reputation, and bottom line was the motivation for creating the Corethix software platform.
Every member of our experienced team is focused on helping your organisation create a culture of integrity using Corethix.
About Cyclopedic Consulting
With a vision of providing bespoke customer-oriented Conduct, Governance, Risk and Compliance (CGRC) consulting services, Cyclopedic Consulting Services (Pty) Ltd was created.
Cyclopedic’s motto, “INNOVATE WITH US” reflects Cyclopedic’s vision to make a difference in today and tomorrow’s enterprises through innovative solutions. Cyclopedic believes in maximising benefits directly to clients by minimising governance, risk, compliance, and conduct risk challenges without compromising on quality.