An Effective Approach to Compliance Risk Management

Companies have to meet regulatory demands while focusing on increasing revenue, managing cost and enhancing shareholders' value. With Governance, Risk management and Compliance (GRC), companies can adopt a more effective approach to reduce business risk, ensure better compliance and thereby, gain competitive advantage. An effective compliance risk management program involves people, policies, processes, and technology. Implementing an end-to-end compliance and risk management software will reduce business and IT risk, cut compliance costs, and help increase ROI.

SecureGRC, A Secure Compliance Risk Management Software

Organizations are looking to secure efforts and improve the visibility of risk throughout the enterprise. To centralize and integrate policies, processes, procedures and controls an effective governance, risk and compliance (GRC) strategy can help.
eGestalt’s SecureGRC is designed to work with many different process and control frameworks. In fact, one of the greatest strengths of the SecureGRC is its ability to integrate and bridge a number of IT Governance frameworks. eGestalt compliance risk management and its meta framework technology help you to easily manage the compliance with power and flexibility to match the requirements of many regulations, evaluate controls and store evidences.

SecureGRC Advantage:

• Completely Automated and Integrated Solution Built in support for RBI Compliance, NSE, BSE, MCX, NCDEX, PCI, ISO, COBiT, SOX, BASEL II, HIPAA, FISMA, country specific frameworks ready to use. Automation of all your security, compliance, audit, and risk management needs.
• Dramatically lowers Total Cost of Ownership - Up to 10X cost savings.
• Complete Risk Management - Provides ground up support for Cyber-security, IT operations, and compliance management. Monitors and enforces best practices and standards quickly and easily.
• Cloud based “pay – as – you – grow” delivery option - Provides ‘Software as a Service’ (SaaS) model with on-premises deployment or a completely on-demand cloud based service, requiring very low initial investment with high returns also ideal for small and medium.
• Combat Cyber-security – Proactive assessment, forensics, compliance and security.
• Centralized repository for compliance related organizational data - Automated compliance related data gathering from technology and non technology sources like people and mapping data to regulations and standards.
• Fine-grained access control through a secure Web based interface - Controls access to devices and configurations with user-based roles. Monitors and proactively alerts when a new configuration deviates from standard.
• Integrated dashboard - Provide management dashboards for compliance status with the ability to drill down across departments, geographies etc. Provide reminders to people for addressing compliance related tasks in an optimal manner. Manage exceptions and activities related to compliance.
• Audit Trail - Provide an exhaustive audit trail for all compliance related actions through the whole process.

Contact us for more information on Compliance Risk Management.