There have been a number of new releases recently in the GRC space, with SAS upgrading its GRC suite, QUMAS offering document and records compliance in SharePoint, GRC monitoring for social media from SocialLogix, while Symantec adds to its SaaS offering. New research for Bloomberg also shows that enterprises are moving to hosted email for compliance reasons.
SAS Upgrades GRC Suite
SAS (news, site) has upgraded its GRC suite with a number of new features, including one corporate policy repository, a faster one-stop audit system and an updated GRC program view.
The revised policy management capability includes configurable workflows, helping users create and maintain one corporate policy repository. Updated on changes to laws and regulations, the repository saves time previously spent researching regulatory changes and their impact.
The one system for planning and reporting on audits also cuts the time spent on consolidating multiple files and sources. Continuous auditing capabilities enables efficient testing of disparate data.
Auditors can create projects together online to address issues and plans using streamlining capabilities such as task notifications and real-time responses.
The other major upgrade is the 360-degree view of an enteprise's GRC program variables, such as risk, business objectives, controls, issues, loss events, action plans, contracts and policies, with one mouse click. The upgrade was launched at the SAS Global Forum in Las Vegas.
QUMAS Offers SharePoint Compliance
There is also some new compliance monitoring this week from QUMAS, which has launched QUMAS ComplianceSP on SharePoint 2010.
QUMAS ComplianceSP is a document and quality management solution that extends document collaboration capabilities to ensure compliance with FDA CFR 21 Part 11 regulatory requirements.
FDA CFR 21 Part 11 is the Food and Drug Administration (FDA) guidelines on electronic records and electronic signatures in the United States. Part 11 defines the criteria under which electronic records and electronic signatures are considered to be trustworthy.
The results will make SharePoint more attractive to drug companies by providing preconfigured solutions for managing document, processes, people and tasks for regulatory requirements.
With ComplianceSP on SharePoint 2010, QUMAS gives life sciences companies a solution that's easier to manage and use, with compliance management capabilities through a familiar Microsoft interface.
It will also allow QUMAS to offer users the ability to manage documents and records on one platform as well as reduce risk through features such as enforced retention schedules and tagged content.
SocialLogix’s GRC Monitoring for Social Media
For companies that are or want to use social media, this week SocialLogix, which provides GRC in the social media space, has announced the availability of SocialSentry 2.0, enabling companies to monitor employee activity on social networks such as Twitter, LinkedIn and Facebook.
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