SP 108/GKPB/OJK/VII/2025
PRESS RELEASE
OJK'S INTEGRATED GRC INFORMATION SYSTEM
STRENGTHENS GOVERNANCE
Jakarta, July 24, 2025. Indonesia Financial Services Authority (OJK) launched Governance, Risk, and Compliance Information System (GRC-IS) for continuous support of OJK's regulatory and supervisory duties and strengthening of internal audit, risk management, quality control, and integrity enforcement functions.
The launching was held in hybrid manner during the 2025 Risk and Quality Officer (RQO) Forum “Everything Everywhere All at Once: An Integrated Approach to GRC" in Jakarta, on Thursday.
The Chairman of Board of Commissioners of OJK Mahendra Siregar stated OJK's need as a regulator to increase financial services industry's endurance against the global economic volatility by thorough risk management improvements, including adaptive cyber risk management through continuous infrastructure and HR investments.
“The Governance, Risk, and Compliance Information System will become an essential auxiliary instrument in ensuring thorough risk management in all levels of Work Units and overall OJK," Mahendra said.
The 2025 QRO Forum provided the right momentum to strengthen Work Unit Leaders and RQO's strategic roles for OJK's main agenda in governance and internal control. Moreover, the capabilities, qualities, innovativeness, and effective governance and risk management maintenance laid an important foundation that determines the future growth and stability of the Financial Services Industry.
The majority of GRC-IS implementation requires all first line's (Leaders and RQO of Work Units) risk awareness and strategic roles.
Chairwoman of the Audit Board of OJK Sophia Wattimena extended her appreciation upon the collaborations of all work units in developing GRC-IS since 2019. Prior to this development, information systems were separate in accordance with the respective work units. OJK eventually developed GRC-IS as an integrated platform due to the increasing need of accurate, efficient, and timely data for organizational governance.
“GRC-SI gathers risk management and internal control information system in one platform, with interactive dashboard, real-time risk reports, risk occurrences and mitigation statistics, IRU, and monitoring of CACM follow up," Sophia explained.
Panel Discussion with Inspector VI of General Inspectorate of the Ministry of Finance Dedhi Suharto and Deputy Director of OJK Application Development Group Adi Purwoko was held as a part of RQO forum agenda.
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Acting Head of the Literacy, Financial Inclusion and Communication Department – M. Ismail Riyadi;
Tel. (021) 29600000; E-mail: humas@ojk.go.id
