Today at CA World,
CA announced it has teamed with PricewaterhouseCoopers (PwC) to deliver a joint governance, risk and compliance (GRC) solution to help companies improve operational efficiencies and better manage their risk and compliance initiatives.
Together, PwC and CA can deliver an enterprise GRC solution to help reduce the risk of business interruption due to non-compliance with critical industry, governmental or IT regulations and standards. PwC's GRC professionals have deep industry experience, and can help companies identify and define an integrated GRC lifecycle framework while CA's GRC Manager solution can help enable the implementation of an effective risk and compliance program.
Acxiom, a global interactive marketing service provider, is now working with PwC and CA to implement a GRC program to help manage critical industry regulations. Together with PwC, CA helped Acxiom map their financial and IT controls to their compliance drivers and provided the dashboards that Acxiom needed to better evaluate their compliance posture. This solution helps Acxiom address compliance more efficiently and more routinely.
In addition, PwC and CA are also offering a joint solution for organizations faced with the new requirements concerning the Model Audit Rule (MAR) mandate which requires insurance organizations to adopt corporate governance and reporting standards similar to Sarbanes-Oxley (SOX) for the 2010 reporting period. By integrating technology with business process, people and information, insurance companies can reduce costs while addressing specific MAR compliance goals and objectives.
To learn more about this announcement,
view the press release here.
Additional Resources:
PwC offers a website to help organizations "Get Up to Speed on Risk and Regulation Topics." To receive key information and insights on risk management in a series of short papers, subscribe here.
PwC's white paper on "Making Smarter Risk Decisions" is available for download here.
CA's white paper on "Minimizing Business Risk with Unified Policy and Compliance Management" can be downloaded here.