We share TruArx's goal of making compliance as efficient and cost-effective as possible, and believe that incorporating the UCF into TruComply will add significant additional value to what is already a very strong compliance management solution
Farmington Hills, Michigan (PRWEB) March 3, 2009
TruArx, the leading IT Governance, Risk and Compliance (GRC) provider for middle market organizations, announced that it has licensed the Unified Compliance Framework (UCF) for use with its TruComply Software-as-a-Service suite. Clients will now be able to use TruComply to manage their compliance with over 400 regulations.
The UCF harmonizes IT controls from over 400 international regulatory requirements, standards, and guidelines into a single hierarchal framework. As a result, organizations can easily identify common control requirements across multiple regulations, enabling them to better leverage the policies, processes, and technology and to establish a single, streamlined cost-effective plan to achieve continuous compliance across the enterprise.
Some of the more common regulations and guidelines covered by the UCF include: Sarbanes-Oxley Act (SOX), Basel II, Gramm-Leach-Bliley, Payment Card Industry Data Security Standard (PCI DSS), NASD Manual, HIPAA, FERC Security Program, Uniform Electronic Transactions Act (UETA), FIPS 191, GAO Financial Audit Manual, IRS Revenue Procedure and Federal Rules of Civil Procedure.
"We're excited to incorporate the UCF into TruComply," said Robert Capinjola, president of TruArx. "Between its comprehensive coverage of over 400 regulations and its extensive quality assurance process including legal review, the UCF is the most authoritative source of compliance data in the industry. Our clients will now receive enterprise class compliance management capabilities at a fraction of the cost of competitive products."
By relying on the UCF, TruArx will be able to focus its efforts on expanding its extensive risk management content and capabilities. TruArx' risk management functionality is based on TruArx' proven Security Index Assessment methodology, honed over seven years and hundreds of client engagements.
"We share TruArx's goal of making compliance as efficient and cost-effective as possible, and believe that incorporating the UCF into TruComply will add significant additional value to what is already a very strong compliance management solution," said Craig Isaacs, CEO of Network Frontiers, LLC.
TruComply helps executives and compliance professionals quickly determine the most cost-effective way to reduce risk. Control deficiencies are related to organization-specific threat profiles and controls are tied to assets and business processes. From this perspective, TruComply calculates the ROI of remediation projects, helping organization's prioritize those which affect vital business processes, reduce the most security risk, achieve compliance objectives, and are the most cost-effective to implement and maintain.
TruArx is a leading provider of cost-effective, easy-to-implement IT governance, risk and compliance (IT GRC) solutions that address a wide range of requirements. TruArx software-as-a-service solutions allow clients to quickly implement and continuously review security to improve protection and reduce the cost of compliance and risk. By implementing these services and solutions, clients can optimize business performance and experience a higher return on security program investments. TruArx is headquartered in Farmington Hills, Mich., with offices in Austin, Texas, Columbus, Ohio, Nashville, Tenn., and Washington, DC. For more information, visit http://www.truarx.com or call 800.658.8709.
About Network Frontiers
Since 1992, Network Frontiers has been at the forefront of IT compliance and has authored numerous books, including The Compliance Book and the award-winning Backup Book: Disaster Recovery from Desktop to Data Center. The content and methodology of the Unified Compliance Framework is the result of Network Frontiers in-depth understanding of IT regulations and standards as well as real-world experience consulting for clients, publications, and vendors in the mission-critical IT arena. For more information, visit http://www.netfrontiers.com.
About the UCF
The Unified Compliance Framework is the first independent initiative to exclusively support IT compliance management by focusing on commonalities across regulations, standards-based development, and simplified architectures. Unified Compliance's strategic approach to IT compliance reduces cost, limits liability. The UCF's strategic approach simplifies compliance and standards, reduces cost, limits liability, and leverages the value of compliance-related technologies through a harmonized set of controls against which all regulatory standards and best practices can be mapped.
The UCF was created by Dorian Cougias and his research partner, Marcelo Halpern of the international law firm Latham and Watkins, which oversees all legal aspects of the UCF. More information can be found at http://www.unifiedcompliance.com.