GRC Vendor News

New features are designed to help financial services firms meet increasing demands for digitizing compliance programs  Introduces automation technology for managing compliance of legal documents and marketing materials/financial promotions  Adds unique functionality for managing side letter compliance  Expands capabilities for reviewing and approving marketing materials in line with the SEC’s new Marketing Rule  Integrates e-learning courses to help enhance...

Washington D.C. (April 9, 2021) —  The SEC’s Division of Examinations today issued a Risk Alert to highlight observations from recent exams of investment advisers, registered investment companies, and private funds offering environmental, social, and governance (ESG) products and services. Click here to see the Risk Alert, and check out everything the SEC has done in Response to Climate and ESG Risks and...

Expansion to Speed and Simplify Search, Analytics and Accessibility Of Enterprise Communications Data  AWS-hosted and AI-powered Platform Greatly Improves Speed and Accuracy for Data Retrieval of Email, Messaging, Voice Communications and Structured Data to Help Customers Meet Compliance Obligations  NEW YORK (April 6, 2021) – Behavox, which uses AI to enable enterprises to organize and refine their data into actionable...

New Solution to Reduce Compliance Risk for Wealth Management, Insurance Firms Selected by leading global financial services organizations, SURVEIL-X Suitability is powered by new risk detection capabilities which address complex regulatory requirements Hoboken, NJ (April 6, 2021) – Financial services organizations that provide investment advice and which sell life insurance, annuities and other wealth products are finding that regulators...

Expands Kroll Responder MDR and XDR services and launches next-generation managed SOC NEW YORK (March 25, 2021) – Kroll, the world’s premier provider of services and digital products related to governance, risk and transparency, today announced that it has acquired Redscan, an award-winning cybersecurity services provider based in the United Kingdom. With the addition of Redscan and its extended detection and response...

Significant increase in the number of riots, demonstrations and vandalism, as terrorism events decline, means civil unrest is now the main political risk exposure for companies, resulting in significant losses and insurance claims. Impact of political violence can cause business disruption beyond physical property damage. COVID-19 pandemic is likely to fuel further disturbances. Business continuity planning needs to explicitly address...

As Well As Reducing Budgets, The COVID-19 Pandemic Has Heightened Organizational Risks and the Need for Audit Oversight Stamford, CT (March 24, 2021) – A September 2020 study of 299 internal audit organizations showed that the function faced both declining budgets and a significantly expanded workload in 2020, according to Gartner, Inc. “For many heads of audit, it’s not...

ATLANTA, March 23, 2021 -- OneTrust today announced it signed a definitive agreement to acquire Convercent, a provider of ethics and compliance cloud software. The acquisition will build on OneTrust's investments in creating technology that brings together privacy, security, data governance, ethics and compliance, GRC, third-party risk, and ESG into a single operational workflow. Convercent's technology, 750 customers, 150 employees, and...

The Certificate of Cloud Auditing Knowledge (CCAK) offers IT professionals mechanism to address challenges related to transparency, complexity and interdependency within the scope of cloud environments SEATTLE – March 22, 2021 – The Cloud Security Alliance (CSA) and ISACA today announced the availability of the Certificate of Cloud Auditing Knowledge (CCAK), the first credential available for industry professionals to demonstrate their expertise in the essential...

Despite Several Years of Budget Growth, Compliance Median Headcount is Trending Down Stamford, CT (March 18, 2021) – A study of 117 organizations in the second half of 2020 showed that compliance department spending was projected to plateau in 2020 after several years of rapid growth, according to Gartner, Inc. In the period from 2017-2019 total compliance spend per 1,000 employees...

Provides critical solutions for the work-from-anywhere environment to address massive shifts in operational models, changed IT ecosystems and technology sprawl San Francisco, California (March 9, 2021) – Businesses need ready access and a single source of truth to provide accurate, real-time data for IT infrastructure to support a work-from-home, in-office or hybrid reality.  Oomnitza, the first provider of agentless...

Palo Alto, CA (March 4, 2021) – Stoke Talent, a leading freelance management system, announces today the release of its Worker Classification Engine. This artificial intelligence algorithmic screening solution is able to offer early detection of high-risk independent contractor (IC) and/or freelancer relationships, which may lead to costly misclassification penalties and possible lawsuits if left undetected. This is the...