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Compliance 360 Introduces New Innovative Enhancements to their Governance,
Risk and Compliance Solution
Atlanta, GA. – February 20, 2007 – Compliance 360, a
provider of governance, risk and compliance (GRC) management software,
today announced the launch of new product enhancements to their GRC
solution. This latest application version includes an innovative
Compliance and Legal Forums module, integration with the LexisNexis® Insurance
Compliance Solution, and executive dashboard improvements.
“Compliance 360 prides itself on market-leading product innovation
and strategic vision,” says Debbie Luyk, Director of Product
Management. “Because our application is delivered via Software
as a Service (SaaS), we can deliver more capabilities at a faster
rate thereby providing our customers with the means to enhance their
productivity and efficiency. We provide unique solutions that are
unmatched by older technology companies.”
New Compliance and Legal Forums Module
With this application release, Compliance 360 is announcing
a unique, interactive Compliance and Legal Forums Module that is
the first
of its kind within the GRC software market. The Compliance and
Legal Forums module will provide customers with a knowledge base
of authored research and Frequently Asked Questions (FAQ’s)
organized by business unit, law, or topic delivering corporate
and legal guidance in the most cost effective manner. Additional
features of the module include: accessibility to all employees
from a corporate website; automated workflow to allow designated
individuals to respond to questions directly and post to the
online knowledge base; and key word search options to quickly
and easily
find relevant information. By utilizing this solution, organizations
have the ability to enhance their legal and compliance productivity
as well as proactively communicate throughout the organization
for increased visibility.
Complete Regulatory Intelligence for Insurance Market –
LexisNexis Insurance Compliance Integration
Compliance 360’s new product enhancements also include
a new integrated offering with the LexisNexis Insurance Compliance
Solution. The LexisNexis
Insurance Compliance Solution (http://www.lexisnexis.com/compliance/)
is a critical component because it provides unique and comprehensive regulatory
and legislative content to track changes and ensure early warnings, expert
industry advice, 50-state surveys of top issues, and a state-of-the-art insurance
taxonomy/index that makes it possible to search by different terminology and
issues across all 50 states.
Through this unique combination, insurance compliance professionals
will have the ability to receive notification of new or changed regulations
with the means to effortlessly integrate these updates into a workflow
management solution for immediate action. This new compliance service
forms the insurance industry’s first offering of superior legal
and regulatory content incorporated with a robust, full feature compliance
management solution. This solution eliminates manual work and speeds
up the response time so costly regulatory investigations and penalties
can be avoided.
Enhanced Executive Dashboard
This release also includes a number of usability and administration
enhancements to further improve the application’s already
easy-to-use interface for increased efficiency and precision.
These improvements include enhanced dashboard configuration and
reporting
capabilities providing immediate and easy access to reports and
detailed data for superior management and monitoring. With these
advancements, business users will be able to supervise all elements
of their compliance program directly from their dashboard.
Compliance 360 is the industry’s only enterprise-wide GRC
platform that addresses general compliance management, “Regulatory
Intelligence”, and operational risk management. Through this
solution, customers can standardize and automate each compliance
process across all business units thereby eliminating information
silos and inefficiencies. The result is greater agility, improved
collaboration, and reduced time and resource costs associated with
compliance processes.
About Compliance 360
Compliance 360 helps companies in regulated industries address the
most important facets of a comprehensive governance, risk and compliance
management program. The results are reducing risks, improving efficiencies
and protecting a company’s brand. The Compliance 360 on-demand
software suite includes products that address IT governance, policies
and procedures management, incident management, surveys, Sarbanes
Oxley compliance and enterprise risk management. Compliance 360
has headquarters in Atlanta, GA and assists customers in financial
services, healthcare, insurance, and other highly regulated complex
business environments. For more information, visit Compliance 360
at www.compliance360.com.
Media Contacts
Compliance 360, Inc.
Kathryn Towns
Director, Marketing
(678) 992-0262
media@compliance360.com |
