Monday, January 18, 2010

Compliance 360 Introduces New Innovative Enhancements to Their Governance, Risk and Compliance Solution

Compliance 360 Introduces New Innovative Enhancements to Their Governance, Risk and Compliance Solution

Compliance 360, a provider of governance, risk and compliance (GRC) management software, today announced the launch of new product enhancements to their GRC solution. This latest application version includes an innovative Compliance and Legal Forums module, integration with the LexisNexis® Insurance Compliance Solution, and executive dashboard improvements.

Atlanta, GA (PRWEB) February 20, 2007

Compliance 360, a provider of governance, risk and compliance (GRC) management software, today announced the launch of new product enhancements to their GRC solution. This latest application version includes an innovative Compliance and Legal Forums module, integration with the LexisNexis® Insurance Compliance Solution, and executive dashboard improvements.

“Compliance 360 prides itself on market-leading product innovation and strategic vision,” says Debbie Luyk, Director of Product Management. “Because our application is delivered via Software as a Service (SaaS), we can deliver more capabilities at a faster rate thereby providing our customers with the means to enhance their productivity and efficiency. We provide unique solutions that are unmatched by older technology companies.”

New Compliance and Legal Forums Module

With this application release, Compliance 360 is announcing a unique, interactive Compliance and Legal Forums Module that is the first of its kind within the GRC software market. The Compliance and Legal Forums module will provide customers with a knowledge base of authored research and Frequently Asked Questions (FAQ’s) organized by business unit, law, or topic delivering corporate and legal guidance in the most cost effective manner. Additional features of the module include: accessibility to all employees from a corporate website; automated workflow to allow designated individuals to respond to questions directly and post to the online knowledge base; and key word search options to quickly and easily find relevant information. By utilizing this solution, organizations have the ability to enhance their legal and compliance productivity as well as proactively communicate throughout the organization for increased visibility.

Complete Regulatory Intelligence for Insurance Market - LexisNexis Insurance Compliance Integration

Compliance 360’s new product enhancements also include a new integrated offering with the LexisNexis Insurance Compliance Solution. The LexisNexis Insurance Compliance Solution (http://www. lexisnexis. com/compliance/ (http://www. lexisnexis. com/compliance/)) is a critical component because it provides unique and comprehensive regulatory and legislative content to track changes and ensure early warnings, expert industry advice, 50-state surveys of top issues, and a state-of-the-art insurance taxonomy/index that makes it possible to search by different terminology and issues across all 50 states.

Through this unique combination, insurance compliance professionals will have the ability to receive notification of new or changed regulations with the means to effortlessly integrate these updates into a workflow management solution for immediate action. This new compliance service forms the insurance industry’s first offering of superior legal and regulatory content incorporated with a robust, full feature compliance management solution. This solution eliminates manual work and speeds up the response time so costly regulatory investigations and penalties can be avoided.

Enhanced Executive Dashboard

This release also includes a number of usability and administration enhancements to further improve the application’s already easy-to-use interface for increased efficiency and precision. These improvements include enhanced dashboard configuration and reporting capabilities providing immediate and easy access to reports and detailed data for superior management and monitoring. With these advancements, business users will be able to supervise all elements of their compliance program directly from their dashboard.

Compliance 360 is the industry’s only enterprise-wide GRC platform that addresses general compliance management, “Regulatory Intelligence”, and operational risk management. Through this solution, customers can standardize and automate each compliance process across all business units thereby eliminating information silos and inefficiencies. The result is greater agility, improved collaboration, and reduced time and resource costs associated with compliance processes.

About Compliance 360

Compliance 360 helps companies in regulated industries address the most important facets of a comprehensive governance, risk and compliance management program. The results are reducing risks, improving efficiencies and protecting a company’s brand. The Compliance 360 on-demand software suite includes products that address IT governance, policies and procedures management, incident management, surveys, Sarbanes Oxley compliance and enterprise risk management. Compliance 360 has headquarters in Atlanta, GA and assists customers in financial services, healthcare, insurance, and other highly regulated complex business environments. For more information, visit Compliance 360 at www. compliance360.com.

Editor’s Note: Compliance 360 is a registered trademark of Compliance 360, Inc. All other trademarks are recognized as proprietary to their owners.

Media Contact:

Kathryn Towns

Director, Marketing

Tel: (678)-992-0262

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