Regulatory Compliance
A feature of today’s business world is the increasingly complex regulatory environment in which companies operate. There seems to be a never ending stream of new laws, directives, regulations, codes and guidelines - particularly in heavily regulated industries.
RVR Systems’ Compliance solution enables organizations to meet the challenge posed by these rapidly evolving demands leveraging the challenge into the opportunity to improve the efficiency of operational processes as well as ensuring compliance with the myriad of regulations which affect them:
- International and national internal control regulations: Sarbanes-Oxley, LSF, TabaksBlat, Combined Code, Decreto 231 & 262, Swedish Code of Conduct
- Sector-specific regulations: Basle II - banking, Solvency II
- Quality standards: ISO 9000, ISO 14000, ISO18000 TS, ISO 22000
- International IT security standards: COBIT, ITIL, ISO 17799 / BS 7799
RVR Compliance provides organizations with an automated framework for setting up and monitoring compliance projects:
- Have one specific project for ensuring compliance with all the regulations the company is subject to
- Assess compliance status and project progress by regulation
- Simplify the certification process by storing relevant data for internal or external auditors
- Maximize synergies by using the Compliance solution to manage other related projects such as Enterprise Risk Management, IT Governance, etc
RVR Compliance is fully compatible with the most commonly used frameworks (COSO I&II, COBIT, ITIL, SAS70,CMMI, AS/NZS 43:60-2004, etc) and enables :
- Projects to be directed using a top-down, risk-based approach whilst incorporating bottom-up input
- The compliance process to be optimized by managing all the risk and control-related workflow activities
- Linking regulations to internal processes and controls
- Customers to configure the project methodology to their own specific requirements
RVR’s Compliance solution has advanced functionality that enables organizations to run efficient and effective compliance projects.
