Even with the Thanksgiving Weekend, there’s been a lot in the GRC space, including the recent upgrade from Laserfiche, SOA’s enhanced Repository Manager, the EU has said it is going to tighten up on data privacy, Compliance 360 looks into its crystal, while Iron Mountain and O’Neil partner.

Laserfiche 8.3 Offers Tighter Governance

Laserfiche has announced the immediate availability of Laserfiche 8.3. The new release spans various lines of business, helping organizations improve information governance and automating transactional processes such as accounts payable processing, case management, contract management and HR onboarding, among others.

Laserfiche 8.3 comes with

  • New Workflow activities to automate transactional processes by dragging and dropping pre-built workflow activities onto a graphical canvas.
  • Database activities automate the process of retrieving and updating information from third-party databases, simplifying integration.
  • Automatically import PDF forms into Laserfiche
  • Customized workflow configuration

If you’re interested in more, check out the video below.

SOA Software Upgrades Repository Manager

SOA Software has just announced Repository Manager Version 6.4 which now automatically discovers dependencies across processes, services and schemas, ensuring they conform to organizational standards.

Repository Manager is SOA’s development governance platform that simplifies the creation, integration, management and promotion of enterprise assets and services throughout the complete development lifecycle.

It also automates the path to SOA and Cloud, enabling customers to rapidly develop, govern and deploy services within the SOA service lifecycle.

Repository Manager 6.4 gives customers deep insight into their SOA as it matures and evolves, and ensures that changes are well managed, proactively dealt with and remain aligned with core SOA architectural principles, the company said.

Its heading towards the end of the year and everyone’s trying to get to grips with what’s on the way for next year.

Compliance 360’s Crystal Ball

There’s been a number of companies that have already published their predictions, so here’s Compliance 360’s predictions around governance, risk, audit and compliance management for the upcoming year.

As the attention of regulatory bodies becomes more firmly focused on GRC results, corporations and their boards of directors need to focus their attention on reducing the likelihood of whistleblowers and proactively demonstrating compliance effectiveness in 2012.

  1. Compliance officers and their boards of directors will face increasing threats to their internal compliance programs and, ultimately, their institutional brands.
  2. Demonstrating compliance effectiveness will be critical.
  3. The "G" in GRC will become much more important.
  4. GRC will be recognized as strategic to the CEO and board.
  5. Analytics will become more important.

From the board down, Compliance 360 says, GRC users will need to see trend lines and correlations to identify and address root-cause issues before auditors come calling. If you want to see these predictions in more detail, check them out here.

EU To Get Tough On Privacy

Meanwhile, with all the talk about Facebook and privacy, the European Union is looking to streamline national laws around data protection with one set of laws that will cover all the countries in the EU.

During the week, the EU Justice Commissioner said that one of the areas the EU will be focusing on will be networks and “openness,” suggesting that network owners will have to be more open about how they operate.

Under the proposals, businesses would have additional responsibilities, such as having to inform users of what data about them is being collected, for what purpose and how it is stored.

The Commissioner also said that any social network provider active in the EU must fully comply with EU data protection laws, when personal data is a main economic asset.

The EU has to iron out differences between its members over privacy issues. Countries like France and Germany favor stronger protections for privacy, while Ireland, Britain and others prefer more market-friendly rules.

Iron Mountain and O’Neil Partner

Also this week, Iron Mountain and O'Neil DataTech, a division of O'Neil Software, a provider of offsite records management software, announced plans to link their companies' respective records management software.

The idea is to create a unified solution for customers seeking to access and manage records stored across multiple locations and vendors.

Planned for the first quarter of 2012, the solution will integrate O'Neil's RS-SQL software using O'Neil's RMBridge web services with Iron Mountain's Accutrac software and enable organizations to manage paper records kept at records centers using O'Neil's software as well as Iron Mountain facilities.

The agreement between Iron Mountain and O'Neil comes four months after Iron Mountain announced similar plans in July with GimmalSoft, whereby the two companies will develop an interface for managing physical records within SharePoint through Iron Mountain's Accutrac software.