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Compliance Consortium formed.


The Compliance Consortium, an international membership organization was launched in June by 10 founding members of software, content and service firms "to promote effective and efficient enterprise governance Governance makes decisions that define expectations, grant power, or verify performance. It consists either of a separate process or of a specific part of management or leadership processes. Sometimes people set up a government to administer these processes and systems. , risk and compliance management (GRC GRC Greece (ISO Country code)
GRC Glenn Research Center (NASA)
GRC Governance, Risk and Compliance
GRC Gendarmerie Royale du Canada (RCMP - Canada)
GRC John H.
)."

The list includes: Approva, Axentis, Hyland Software Inc., Hyperion Solutions Hyperion Solutions Corporation is a business performance management software company, located in Santa Clara, California, USA. Many of its products are targeted at the Business Intelligence and Business performance management market.  Inc., Jefferson Wells International, Intuition intuition, in philosophy, way of knowing directly; immediate apprehension. The Greeks understood intuition to be the grasp of universal principles by the intelligence (nous), as distinguished from the fleeting impressions of the senses. , Navigant Consulting, The Network, PLI-Corpedia and Staffware.

The group's interests include GRC best practices and reference architectures, influencing and contributing to GRC-related industry and computing computing - computer  standards. By providing thought leadership, definitions of key components of a GRC framework and standards for integration, the consortium says it will provide much-needed clarity to a market with a broad array of conflicting information.

Establishing better GRC management practices has become imperative, they say, due to the dramatic growth in new regulations and market expectations. Visit the consortium's Web site at www.thecomplianceconsortium.org.
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Title Annotation:FinancialReporting
Author:Heffes, Ellen M.
Publication:Financial Executive
Article Type:Brief Article
Geographic Code:1USA
Date:Jul 1, 2004
Words:138
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