A Metamodel-Driven Architecture for a Unified Approach to Governance, Risk, Compliance and Performance

Regulatory requirements—often summarized under the term compliance—are crucial to every company. Recent years have shown that these demands are continuously evolving. Their general conditions—especially with focus to risks—are susceptible to continuous and at times accelerating changes influenced by local, national, and global factors. This paper derives three findings to improve compliance management by addressing a unified approach that extends governance, risk, and compliance (GRC) with a performance dimension and proposes a metamodel-driven unified architecture blueprint.