SAI (News - Alert) Global Compliance, a source of governance, risk and compliance solutions, is set to deliver additional value as the company raises the bar in the GRC industry by integrating the groundbreaking ListenUp Whistleblowing Hotline and Ethics Reporting system with the Incident Management application in the Compliance 360 GRC platform.
This integration will help to automate and standardize the entire incident management process – from hotline reporting to remediation – eliminating manual, error-prone steps, improving demonstrable compliance effectiveness and ensuring enterprise-wide visibility and auditability.
Customers can now be ensured of the effectiveness of their compliance programs with an unparalleled combination of incident intake, reporting, monitoring, tracking and remediation across the enterprise.
“Resulting from the acquisition of Compliance 360 by SAI Global, this is the first of many logical integration opportunities that we are taking advantage of for the benefit of our customers,” said Steve McGraw, GRC president, SAI Global Compliance.
ListenUp is a confidential incident-reporting Web and phone hotline solution that protects the anonymity of reporters and allows them to access management responses, add information and track the progress of incidents. The Compliance 360 Incident Management application is an easily configurable, secure solution for managing and tracking incident information, follow-up, corrective actions and outcomes.
Linked via the Virtual Evidence Room to policy management, compliance management, risk management and internal audit, this comprehensive solution ensures that organizations maintain a continual audit-ready state and can demonstrably show evidence of an effective compliance and ethics program.
“The combination of ListenUp and Compliance 360 provides organizations with the visibility they need to reliably know what actions have been taken to resolve issues and prevent future occurrences from happening,” McGraw added.
Back in July 2012, SAI Global Compliance announced integrated software solutions, based on the Consumer Financial Protection Bureau (CFPB) Supervision and Examination Manual, for automating risk and compliance self-assessments. Integrated within Compliance 360, these solutions help consumer financial services organizations better assess and demonstrate that their compliance and risk management programs are working effectively.
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Edited by Braden Becker