IT governance, risk and compliance (IT-GRC) solution provider, Baronscourt Technology, has introduced the new release of its flagship product, MetaCompliance Policy Enterprise 2.0.
Baronscourt solutions are available in South Africa exclusively through local partner, Nterprise Network Solutions (NNS).
MetaCompliance Policy Enterprise 2.0 enables organisations to manage policies, measure and mitigate risk, use automation to reduce cost and achieve sustainable compliance with multiple regulations, industry standards and internal policies.
"According to Gartner's Hype Cycle for Compliance Technologies, 2007 research report, IT GRC can improve an organisation's external audit posture, reduce compliance-reporting costs and improve an organisation's ability to analyse IT risk," explains Peter Harms, NNS managing director.
"MetaCompliance surmounts ineffective risk and compliance management caused by error-prone procedures, manual processes and operational inefficiencies by automating the delivery of real-time IT security and compliance intelligence."
The major key enhancements to the enterprise product suite include the following areas:
* Reporting functionality, which allows the demonstration of compliance with policies, specific regulations and industry mandates;
* Roles-based approvals, to automate the workflow lifecycle for the creation, review and approval of policies;
* Survey promotes policy understanding through the creation, schedule and enforcement of user awareness campaigns with the adoption of detailed reporting structures;
* Audit and review acts as a permissions-based library reference location for employees and management so as they can review responses the specific policies and policy content; and
* Non-electronic allows a strategic approach to the communication with offline employees within an organisation, offering an entire policy management solution regardless of the diversity of the workforce.
"It is vital that organisations connect external market demands with their internal systems and controls. As the regulatory burden increases, organisations need to implement IT security and compliance automation or expose themselves to significant risk. MetaCompliance Policy Enterprise 2.0 will allow you to implement an effective methodology for managing governance and compliance on a daily basis," says Robert O'Brien, CEO and Founder of Baronscourt.
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