Top 10 Compliance Solutions
Compliance is one of the few things in business that remains crucial year after year. In a world that's constantly changing with new technology and opportunities, companies need to ensure that they follow the rules and regulations of their country and industry. Now, more than ever, business directors are under increasing pressure to ensure that their compliance policies are up to scratch.
There's more to run a compliant business than ticking all the right boxes on a government form. Today's organisations need to ensure that they keep compliance in mind as a core component of their development and growth strategy. Fortunately, the right compliance solutions and software systems can help. In this top 10, we're bringing you our favourite solutions to address your compliance needs.
SIA Global (BWise)
SIA Global (BWise) is an all-in-one compliance solution intended to help businesses improve their reputation and reduce risk. After recently purchasing the BWise company, the organisation now offers one of the most important compliance tools on the market, with access to integrated risk management solutions too.
The fully integrated suite of compliance solutions available from SAI Global and powered by BWise helps to reduce risk and control costs. SAI Global currently stands as a Gartner Magic Quadrant Leader for risk assessment tools.
ManageEngine ADAudit Plus
A full IT security and compliance solution from ManageEngine, ADAudit Plus helps you reduce risk levels in your business and offer better experiences to your customers. With more than 200 event-specific report options available, ManageEngine ensures that you’re never left in the dark with potential security issues. The tool comes with in-depth knowledge insights into changes made in your Active Directory, Windows, and Azure AD servers.
ManageEngine features real-time email alerts, as well as thorough access intelligence for all of your file servers and workstations. This includes access to EMC and NetApp.
Leading provider of software solutions for governance, risk, and compliance management, GRC Software gives companies all the tools they need to access centralized control in any business. You can implement the GRC software options from ProcessGene within a matter of days, customising your experience to suit your needs.
ProcessGene software options establish automated workflows for business leaders that reduce the financial and time costs of GRC efforts. With ProcessGene, you can eliminate excessive manual labour, reduce the need for spreadsheet maintenance, and more.
One Trust is a market leader and pioneer in the trust, privacy, security, and governance landscape. Trusted by leading companies like Oracle and Allianz, One Trust provides immersive privacy management solutions for privacy, IT, legal, and security teams. The company also specializes in data discovery, classification, and privacy management for compliance purposes.
For a full compliance solution, One Trust ensures that you have everything you need to protect your company, including state-of-the-art industry research and awareness training solutions for team members. The easy-to-use software makes finding potential compliance problems and fixing them as simple as possible.
Capable of aligning with several major compliance standards for the Deltek cloud, including System and Organisation controls (SOC reports), Deltek is a powerful software solution. This service works with the ISAE 3000 International assurance standard, as well as the National Institute of Standards and Technology 800-171.
Deltek’s state-of-the-art compliance solutions are particularly beneficial for financial companies. The latest version of the CostPoint technology for compliance, Costpoint 8, incorporates everything from AI-assisted BI with Smarter PSA and intelligent time and expense solutions. This is a popular choice for government contractors and financial experts around the world.
Bureau van Dijk Compliance Catalyst
The compliance catalyst (2) by Bureau van Dijk helps you to make the most of your data and ensure the safety of your business. The compliance catalyst is a game-changing tool in the compliance landscape because it combines technology, people, and data in the same convenient platform. With Bureau van Dijk, you can streamline your anti-money laundering, know your customer, anti-bribery and corruption strategies, and make due diligence more efficient.
The enhanced compliance catalyst currently available on the market is a rebuild of the previous popular platform, offering greater scalability, more speed, and a range of modules for customisation.
When it comes to complying with the world’s strictest regulations, Immuta gives businesses peace of mind. Their unified access and control layer creates one single intuitive place to manage all data, all dynamically enforced in real time. Better still, government personnel can author and apply complex policies on the data without having to write memos or code.
Informatica is a company that promises to help companies aggregate, govern, and deliver trusted information and data for CCAR, Dodd Frank, MiFID II, and BCBS 239 compliance. Informatica’s compliance solutions cover a range of options for integrated, scalable, and proven compliance offerings. You can create central enterprise data catalogs for common risk management and reporting solutions and increase data trust with integrated profiling and quality management.
With Informatica, you can improve visibility into your business and deliver end-to-end data insights into your processes to satisfy any audit requirements.
One of the better-known companies for IT and security solutions, SAP offers a complete GRC service for today’s teams. The SAP Governance, Risk, and Compliance solution comes with cyber security systems integrated in to help improve the strength and resiliency of your business operations. With SAP, you can improve your compliance levels, mitigate risk, and gain better visibility into any existing and future threats.
SAP makes it easy to automate and manage risks, access identity information, and examine potential cyber threats from one convenient location. The embedded analytics and artificial intelligence elements in the SAP solution ensures that you can get more in-depth insights into what’s happening in your environment. SAP also helps to unify the control and risk activities in your company to support faster decision making.
A recognised leader in the 2020 Gartner Magic Quadrant for IT risk management solutions, MetricStream is a powerful provider of compliance tools. With MetricStream GRC, you can unlock a variety of powerful GRC applications, including enterprise risk management services, operational risk management, and compliance management offerings.
MetricStream also supports better IT risk management, with simplified analysis and identification tools, and provides companies with the support they need to enhance visibility across the entire workstream for auditing purposes. MetricStream is also a category leader in 6 quadrants for the Chartis Research Enterprise GRC report of 2019.