Wynyard Group, the specialists in software security solutions, has been chosen by Queensland Rail to help manage its governance, risk and compliance (GRC) programme.
Chosen following a competitive tender process that involved a rigorous scoping exercise, the company says it's Risk Management solution will help Queensland Rail establish a central repository for risk information across its business.
With over 6,000 staff, AU$7 billion dollars in assets and over 7,000km of track, Queensland Rail is an integrated passenger and rail infrastructure business with annual revenue of more than $1.8 billion (NZ$2.1 billion).
Wynyard Group Managing Director, Craig Richardson says the deal is a real coup for the company and a test of Wynyard’s capability to deliver.
“I am delighted that Wynyard's proof of concept and robust capability met the expectations of Queensland Rail, and our team is excited to work with Queensland Rail as it begins to implement the Wynyard GRC system," he says.
Wynyard’s implementation consultants worked closely with key staff from Queensland Rail’s Risk, Internal Audit & Governance team to configure a solution that both meets business requirements, is intuitive to users and able to be implemented effectively over several phases.
“We understand the increasing governance, risk and compliance obligations that today’s critical national infrastructure companies must meet, and we have focused on providing a risk management capability to integrate GRC quality and performance measures into rapid, critical decision making,” adds Richardson.