Establish a sustainable, repeatable and auditable corporate compliance program while satisfying industry—and country—specific requirements.
Reduce the risk of misaligned IT and business practices, regulatory violations and operational compliance failures.
BENEFITS
- Take control of regulatory requirements:
Consolidate regulatory requirements and centralize news feeds from regulatory bodies into one searchable, standardized governance structure for a clear, consolidated view of regulatory intelligence. Document and report on your regulatory impact analyses, supplemented with information from your research and internal requirements. Quickly determine the impact of regulatory changes to the organization and proactively advise management with relevant guidance using interactive persona-based graphical dashboards and reports. - Address compliance consistently:
Standardize your policy and compliance management processes across the organization to establish a common taxonomy for developing measurable risk and compliance goals, processes, and controls. Quickly prioritize and manage corporate policies and regulatory compliance initiatives. Eliminate manual, non-scalable compliance activities by implementing a consistent and repeatable process for managing new and changing regulations. - Meet regulatory and compliance obligations:
Minimize the risk of costly, public compliance failures and reputational damage by confidently managing the overall compliance posture of the business at all times. Consolidate disparate regulatory data silos and reduce the costly time burden on critical resources by automating task assignments, report creation and controls assurance testing through a centralized portal. Create exception requests, remediation plans, and findings to correct any issues uncovered during the controls testing process. - Expand your overall understanding and visibility into data governance to better manage data protection requirements associated with industry standards and regulatory requirements. Improve the classification and assess relationships between risks and controls associated with managing data including PII. Streamline time and resources required for annual review cycle of data retention schedules. Improve assessment of relationships between organizational information assets and business processes and/or processing activities that are in the scope of regulatory requirements such as GDPR. Improve understanding, visibility and status tracking of personal and sensitive information with data identification assessments.
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