Address the regulatory overreach with business initiatives, IT & GRC strategy
Piecemeal compliance with each regulatory measure is no longer a valid option. An estimated 20-40% of future compliance cost can be avoided if overlaps, duplication, models, transactions, reporting and record retention issues are addressed in an uniform, integrated, timely and structured manner.Manage the wave of new global regulatory compliance, control costs and start the compliance, IT/data management & process automation journey.
Managing the ever increasing complexity of the new range of regulatory initiatives requires massive investment in both technology and talent. The key challenge is to be able to connect business operations to compliance together with the related components of governance, risk and IT security. Discover the inconsistencies that will address the overlapping compliance functionalities with standard reporting requirements across operations, business related processes & GRC activities.
The success of this integrated approach will be determined by the projects ability to;
- Design the new enterprise operating & compliance model
- The investments in product and technological innovations and managing resources, skills and talent. In other words to restructure enterprise-wide compliance data architecture and systems
- How to comply with the regulatory environment and provide the ability to systemise big data to management, oversight and reporting purposes, in spite of the cost pressures from the board of directors.
Copenhagen Compliance ® has since the start in 2006 provided guidance on how to meet the regulatory requirements by sharing the basic needs to meet the day-to-day regulatory requirements that are embedded with flexible architecture, solutions and GRC features, so that GRC managers can spend time on the daily business operations:
- Automatic data collection for all types of event data across the network
- Alerting of policy and compliance violations
- Correlating volumes of diverse events - to uncover the core issue from the beginning
- Documenting incidents, including detailed auditable records
- The G.A.R.P. customizable compliance reporting
- Rapid threat response for identification, remediation and reporting
- Storing event logs for easy access to complete, secure audit trails
- Validating that controls are in place and optimized
Global Actionable Regulatory Program (GARP)
Our GRC automation methodology recognizes how to avoid lengthy and complicated implementation with installation and configuration. Meet the long term compliance obligations, on time and within budget;
- offers you the highest level of GARP with a complete range of regulatory compliance
- offers a flexible architecture with GRC features and register with building blocks for individual compliance requirements
- offers templates and reports to cover the broadest range of regulatory domains.
For more information see:
http://www.copenhagencompliance.com/CCGARP-Brochure.pdf
Financial Services regulatory journey: http://www.copenhagencompliance.com/CC_Global_GRCIT_Model-Brochure.pdf
Develop an Integrated Compliance Landscape; http://www.copenhagencompliance.com/CC_Global_GRCIT_Model-Brochure.pdf
