DoubleCheck GRC&T Enterprise Solution: DoubleCheck / Novell IT-GRC&T Solution

The seamlessly integrated components are highly tunable and easily configurable to variations in corporate governance frameworks. The DoubleCheck / Novell? IT-GRC&T Solution is ideally suited to provide the tools, information, testing and reporting systems essential to cost-effectively manage and monitor controls in any size organization. This is the first complete GRC Solution to offer a bridge between risk management and IT by linking key data assets into an organization's overall compliance management structure

Substantial Value and Return on Investment
New Sarbanes-Oxley guidance from the SEC provides evidence that a risk-based approach is the most cost-effective way for enterprises to comply with both internal and external governance mandates. By subjecting every policy and control to a testing procedure, organizations can:

The benefit of this approach is improved visibility into the IT environment for management and the reduction in overall audit costs compared to piecemeal solutions. The integration of an automated financial controls test library from our strategic technology partner, Greenlight Technologies, adds the ability to perform Automated Financial Controls testing and Continuous Controls Monitoring on the financial elements of the company as well.

It starts with the DoubleCheck GRC&T Enterprise Solution at its core. This consists of not only the electronic repository of the system data, but also includes a complete set of vital tools, dashboards, systems and information reporting options. Integrating Novell Sentinel and Novell Identity Manager into the Suite provides functionality for monitoring Segregation of Duties and Security Incident Event Management. This complete solution delivers an automated, real-time test and exception-notification workflow for IT controls management.

The DoubleCheck / Novell? IT-GRC&T Solution is a policy-driven, risk-centric set of key software modules that integrate a GRC&T enterprise management solution with automated IT testing.

Until now, no single solution existed that could seamlessly connect a company's control-testing environment to its IT infrastructure. Using multiple "point solution tools" to gather, analyze, and report on compliance data from disparate, complex systems is a process laden with inefficiency.

As compliance deadlines loom and companies fail audits, it has become clear that what most organizations need is a focused, risk-based approach to comply with an ever-changing set of regulations and standards. An improved framework for managing Governance, Risk, and Compliance (GRC) should integrate business best practices with best-of-breed technologies. This will deliver a level of confidence in control effectiveness that has not previously been cost-effectively achieved in a real-world environment.

Building a Framework for Compliance
The 2002 Sarbanes-Oxley law and others like it established a general framework for the types of controls necessary to ensure that companies safeguard the sensitive data and the systems through which the data flows and where it's stored. However, neither Sarbanes-Oxley, nor any of the regulations or standards that have followed it, actually defines specific technologies, procedures, or methods for achieving compliance

A Risk-Centric Approach to Controls Monitoring, Testing and Administration
For most businesses, operational effectiveness and regulatory compliance translates into the ability to extract, process, and deliver real-time data from high-volume, 24x7 systems. The ability to automate these processes delivers many business benefits, including the achievement of consistent, reliable results in both compliance and overall business performance.