CA Teams with PricewaterhouseCoopers to Deliver a Joint Governance,
Risk and Compliance Solution
Helps Companies to Improve Operational Efficiencies and Better Manage
their Risk and Compliance Initiatives
LAS VEGAS (Business Wire EON/PRWEB ) November 18, 2008 --
CA, Inc. (NASDAQ: CA) announced today it has teamed with
PricewaterhouseCoopers (PwC) LLP to deliver a joint governance, risk and
compliance (GRC) solution to help companies improve operational
efficiencies and better manage their risk and compliance initiatives.
Together, PwC and CA can deliver an enterprise GRC solution to help
reduce the risk of business interruption due to non-compliance with
critical industry, governmental or IT regulations and standards. PwC's
GRC professionals have deep industry experience, and can help companies
identify and define an integrated GRC lifecycle framework while CA’s GRC
Manager solution can help enable the implementation of an effective risk
and compliance program.
Key benefits of the PwC and CA joint solution include:
-
Leveraging the experience of PwC’s GRC professionals and CA’s
experience in implementing risk management systems throughout the
enterprise to achieve a more effective GRC program.
-
Gaining visibility into risk and compliance across the organization
via dashboard views, enabling “real-time”, transparent insight into a
company's compliance posture.
-
Gaining a centralized repository that maps controls to risks,
policies, and regulations, helping companies more easily and
efficiently manage compliance.
-
Realizing a comprehensive and cost-effective GRC program through
streamlining GRC operational processes.
-
Achieving centralized test results and policy documentation.
“Organizations can create and sustain an effective governance, risk and
compliance program through integrating people, processes and
technology,” said Andrew Toner, principal, PricewaterhouseCoopers. “In
today's economic climate, there is an increased call for transparency
and accountability. PwC and CA, together, can help organizations more
effectively and efficiently address enterprise governance, risk and
compliance requirements.”
Acxiom, a global interactive marketing service provider, is now working
with PwC and CA to implement a GRC program to help manage critical
industry regulations. Together with PwC, CA helped Acxiom map their
financial and IT controls to their compliance drivers and provided the
dashboards that Acxiom needed to better evaluate their compliance
posture. This solution helps Acxiom address compliance more efficiently
and more routinely.
“Developing a holistic governance, risk and compliance program has been
a key priority for us this year, as we sought to implement a single
solution that gives us the level of visibility and accountability that
we need to facilitate compliance with key industry and regulatory
requirements, customer expectations, and internal objectives,” said
Holly Marr, operations management organization leader, Acxiom. “We
turned to PwC for insight into our business processes and controls, and
determined that the joint solution offering with CA would give us that
powerful combination of business process advice and a technology
solution to support our ongoing compliance program.”
In addition, PwC and CA are also offering a joint solution for insurance
organizations faced with the new requirements concerning the Model Audit
Rule (MAR) mandate which requires insurance organizations to adopt
corporate governance and reporting standards similar to Sarbanes-Oxley
(SOX) for the 2010 reporting period. By integrating technology with
business process, people and information, insurance companies can reduce
costs while addressing specific MAR compliance goals and objectives.
“It should come as no surprise that meeting multiple regulatory
requirements is an ongoing challenge—sometimes daunting and
overwhelming—for companies across many industries,” said Marc Camm,
senior vice president and general manager for Governance, Risk and
Compliance Products at CA. “The new requirements related to the Model
Audit Rule mandates are a perfect example of how updates to regulations
can add complexity for insurance organizations already working to meet
other federal, state and industry mandates. Through using PwC’s
consulting services and by implementing CA’s GRC Manager as part of the
joint solution offering for MAR, insurance companies can more
cost-effectively address these MAR requirements as part of a sustained
GRC program.”
“PwC is a leader in regulatory compliance and risk management, helping
companies to address SOX, HIPAA, PCI, Basel II and other compliance
issues within their organizations,” continued Camm. “It’s this industry
experience combined with CA’s GRC Manager solution that helps our
clients to implement a truly sustainable GRC program.”
Additional Resources
About PricewaterhouseCoopers
PricewaterhouseCoopers (www.pwc.com)
provides industry-focused assurance, tax and advisory services to build
public trust and enhance value for its clients and their stakeholders.
More than 155,000 people in 153 countries across our network share their
thinking, experience and solutions to develop fresh perspectives and
practical advice.
© 2008 PricewaterhouseCoopers LLP. All rights reserved.
“PricewaterhouseCoopers” refers to the network of member firms of
PricewaterhouseCoopers International Limited, each of which is a
separate and independent legal entity.
About CA
CA (NASDAQ: CA) is the world’s leading independent IT management
software company. With CA's Enterprise IT Management (EITM) vision and
expertise, organizations can more effectively govern, manage and secure
IT to optimize business performance and sustain competitive advantage.
For more information, visit www.ca.com.
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Copyright © 2008 CA. All Rights Reserved. One CA Plaza, Islandia, N.Y.
11749. All trademarks, trade names, service marks and logos referenced
herein belong to their respective companies. CA does not provide legal
advice. Neither this document nor any CA software product shall serve as
a substitute for the reader’s compliance with any laws (including but
not limited to any act, statue, regulation, rule, directive, standard,
policy, administrative order, executive order, etc. (collectively,
“Laws”)) referenced herein. The reader should consult with competent
legal counsel regarding any such Laws.
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