CA has teamed with PricewaterhouseCoopers (PWC) to deliver a joint governance, risk and compliance (GRC) solution that, it says, is aimed at helping organisations improve operational efficiencies and better manage their risk and compliance initiatives.
According to CA, the collaboration with PWC will allow it to deliver enterprise GRC solutions to reduce the risk of business interruption, due to non-compliance with critical industry, governmental or IT regulations and standards.
CA cites gaining visibility into risk and compliance across the organisation via dashboard views, enabling real-time, transparent insight into a company`s compliance posture, as being one of the benefits of its partnership with PWC.
The company says it will also help businesses gain a centralised repository that maps controls to risks, policies, and regulations, helping companies more easily and efficiently manage compliance.
It says a comprehensive and cost-effective GRC programme will also be realised, through streamlining operational processes.
Andrew Toner, principal at PricewaterhouseCoopers, says companies can create and sustain an effective GRC programme through integrating people, processes and technology.
"In today`s economic climate, there is an increased call for transparency and accountability. PWC and CA, together, can help organisations more effectively and efficiently address enterprise governance, risk and compliance requirements."
CA added that the two companies are also offering a joint solution for insurance companies faced with the recently-introduced Model Audit Rule mandate requirements, which are forcing insurance businesses to adopt corporate governance and reporting standards not unlike Sarbanes-Oxley for the 2010 reporting period.
Share