Archer shares best practices

Archer Technologies, a provider of enterprise governance, risk and compliance (GRC) solutions, has wrapped up its fourth annual Regional Summit series, bringing together more than 250 professionals from Fortune 1000 companies to discuss challenges and best practices in GRC management, says Market Watch.

The meetings revealed industry trends, including the need for data and process centralisation and a focus on regulatory compliance and risk mitigation in the face of a tumultuous global economy.

Hosted by UMB Financial, Ameriprise Financial, eBay and TimeWarner at four locations across the US, Archer's Regional Summits featured presentations from companies such as Iron Mountain, Royal Ahold, DTCC and KPMG, among others.

BWise, a provider of GRC software solutions, has experienced continued global growth and expansion for the third quarter of 2008, according to Market Watch.

The company says, due to the current global financial crisis, organisations will need to implement changes driven by more efficient and cost-effective business processes.

It says companies were focusing on transactional risk controls and did not put enough emphasis on strategic risk management, which seriously impacts financial stability. BWise expects an increase of stronger regulations to prevent future financial crises.

nCircle has released its latest unified security and compliance auditing suite, nCircle Suite360, reports Earth Times.

The solution delivers an integrated product line for auditing the entire IT stack across a global network.

"The IT compliance manager faces a dramatically shifting landscape in 2008, with new demands for a comprehensive and unified approach to multi-regulatory compliance, demonstrated performance benefits from compliance investments and integration with risk management efforts," according to a Gartner report.