IBM Governance Risk And Compliance
SecurityCompliance And Governance Security Services — IBM Governance, Risk and Compliance

IBM Governance Risk and Compliance (GRC) solutions enable you to adapt to change and meet risk and regulatory compliance challenges head on with truly innovative technology that is predictive, adaptive, integrated and useful. Identify, manage, monitor, and analyze operational risk across the enterprise. IBM Governance Risk and Compliance solutions provide automated tools that enable organizations to evaluate risk posture quickly and easily and analyze key risks. GRC Data Integration and Aggregation — IBM comprehensive REST API empowers the IBM Governance, Risk and Compliance platform with risk and compliance information from across the business by automatically importing key data points from external operational systems. This enables businesses to extend across unlimited entry points to a fully informed IBM Governance Risk and Compliance deployment. The IBM Governance Risk and Compliance platform is built on the leading business intelligence platform and provides deep insight and powerful reporting for enterprise

Easier access to game—changing insights with interactive data visualizations. Smarter, risk—aware decisions that drive a better business outcomes and performance. Trusted data for more consistent decisions without data drift or duplication. The key to successful operational risk management is a framework where insurers can define business processes and products and their associated risks, and put in place indicators and controls to manage those risks. IBM Governance Risk and Compliance Platform provides the means to implement just such a framework. Furthermore, once established, the platform can offer a foundation for a wider solution to insurers’ increasingly onerous compliance and governance obligations.  The first step in implementing an op risk management framework is gathering the data from diverse sources across the organization. To ease this often fraught and time—consuming process, IBM recently introduced an advanced application programming interface (API) for IBM Governance Risk and Compliance that will link with almost any system and facilitate the extraction of information.

What Makes Compliance Processes Effective

The board of directors and senior management setting a tone at the top and providing compliance and ethics programs with the necessary resources, independence, standing, and authority. Leadership promoting integrity and ethical values in decision—making across the organization and establishing accountability. Incorporating integrity and ethical values into performance management systems and compensation so the right behaviors are encouraged and rewarded, while inappropriate behaviors are firmly addressed. Ensuring effective processes to identify, assess, mitigate and manage compliance and ethics risk across the organization. Establishing, maintaining and updating policies and procedures tailored to the business, risks, regulatory requirements and conflicts of interest. Training tailored to the specific business, risk and regulatory requirements, and which is roles—based so that everyone in the compliance process understands their roles and responsibilities.

IBM Governance Risk And Compliance

Despite the rantings of some so—called experts, the board of directors is not directly responsible for compliance — that’s management’s job. With that said, the board does have an important responsibility to oversee compliance initiatives, and to be comfortable that management has established an effective process. To that end, the board must receive regular reports from the CEO, Chief Compliance Officer and others on the design and functioning of the process, and information reflecting its effectiveness. But we’ve seen compliance programs of some companies designed with the primary objective of developing reports for the board, and frankly they don’t work well. Reporting should be a natural outgrowth of effective compliance management, with the primary focus on ensuring mind—sets and actions that drive effective compliance. The board of directors and senior management setting a tone at the top and providing compliance and ethics programs with the necessary resources, independence, standing, and authority.

Analytics And Reporting

The IBM Governance Risk and Compliance Platform is built on the leading business intelligence platform and provides deep insight and powerful reporting for enterprise—wide risk and compliance initiatives. Faster time to answers about the business context from highly visual, interactive dashboards. Easier access to game—changing insights with interactive data visualizations. Smarter, risk—aware decisions that drive a better business outcomes and performance. Trusted data for more consistent decisions without data drift or duplication. Once an organization has implemented its op risk framework on the IBM Governance Risk and Compliance platform, it can begin to align it with the myriad of standards and regulations the industry is now subject to. A third step is to bring policy documentation, and its management, onto the platform as well. This is increasingly important in an era where firms often have individual agreements with clients about products and coverage and there is a need to manage multiple risk profiles in terms of exposure and compliance.

IBM Governance, Risk and Compliance

Governance, Risk and Compliance (GRC) solutions enable you to adapt to change and meet risk and regulatory compliance challenges head on with truly innovative technology that is predictive, adaptive, integrated and useful. On—going requirements and changes in the regulatory environment are creating new complexities for companies across all industries. Learn how technology platforms and managed services can streamline compliance related process requirements, information management and communication requirements. Risk Management and Compliance Services from IAM Networks help you evaluate your existing security governance — including Payment Card Industry (PCI) security, identity and IT regulatory compliance needs and gaps — against your business requirements and objectives.

Our skilled security specialists provide recommendations to help you make more informed decisions about allocating your resources to better manage security risks and compliance. We can deliver a wide range of capabilities, from security program development, to regulatory and standards compliance, to security education and training. Our security consultants, managed security services, and cloud—based security services offer a broad range of security expertise. Address change and harness innovation with an integrated platform that drives GRC across the entire organization and creates a firm foundation to enhance solutions and technology. Comprehensive REST API empowers the GRC platform with risk and compliance information from across the business by automatically importing key data points from external operational systems. This enables businesses to extend across unlimited entry points to a fully informed GRC deployment.

Compliance and governance security services remain the most challenging organizational disciplines to understand, implement and maintain security architecture Assessment is a flexible engagement through which we undertake a detailed assessment of your security architecture, from policies to technical controls. Managed secure infrastructure Service — leave it to us to provide end to end operational management of your IT and security assets. Up time support and maintenance — we provide proactive, multi vendor support and maintenance services to help you maximize the availability of your IT estate while optimizing your total IT support spend.

Compliance and governance security services remain the most challenging organizational disciplines to understand, implement and maintain assessments provides you with a rounded view of your current IT security risk profile against the industry standard risk indices of confidentiality, integrity, availability and audit. It’s designed to enable you to make informed decisions regarding immediate priorities — as well as strategic business plans to improve security, determine return on investment and manage risk.

A review of the current state of your security architecture should form part of your ongoing security improvement initiatives. A security architecture includes the unified and integrated design, implementation, and operation of security practices across your organization. This will enable you to formulate a plan to manage risks, maintain compliance with external regulations and contractual mandates, or at least align to industry best practice. Our Security Architecture Assessment is a flexible engagement through which we undertake a detailed assessment of your security architecture, from policies to technical controls.

Delivered through a choice of three service models, the outcome is a specific set of recommendations that allow you to apply your resources and controls in the most effective way to protect key assets. Combined with a remediation road map, the results can be used to build a budget and resource plan, or simply align to an existing strategy for confirmation and reassurance. Network security risk profile — standardized and controlled best practice across systems and locations. The ability to identify critical risks in your technology environment.

Consolidate to manage IT governance, risk and compliance. Risk management in today’s regulatory environment has become increasingly complex. The enormous compliance effort to deal with multiple regulations separately and audit each of them individually often distracts your company’s ability to identify its true level of risk exposure. IAM Networks offers automated IT risk management services to provide the guidance and support to select, integrate and automate multiple risk management programs with a single, centralized IT Governance, Risk and Compliance (GRC) platform.

Centralize risk and control documentation, testing, and remediation. Line up to strategic priorities and business objectives. Gain a single view of risk with real—time information. IAM Security Strategy, Risk and Compliance Services helps organizations apply the ABCs of security strategy: align business and IT technologies; build an adaptable security posture; create a balanced approach for people, processes and technology; and develop a risk—based security program.