Protiviti Inc., a leading international provider of independent risk consulting and internal audit services, is working with Oracle Corp. to provide companies with an integrated compliance solution that leverages its consulting experience with Oracle applications and technology.
Protiviti's deep understanding of regulations such as the Sarbanes-Oxley Act See SOX. , FDICIA FDICIA Federal Deposit Insurance Corporation Improvement Act of 1991 , FDA FDA
Food and Drug Administration
n.pr See Food and Drug Administration.
n.pr the abbreviation for the Food and Drug Administration. , Basel II Basel II is the second of the Basel Accords, which are recommendations on banking laws and regulations issued by the Basel Committee on Banking Supervision. The purpose of Basel II is to create an international standard that banking regulators can use when creating regulations and HIPAA (Health Insurance Portability & Accountability Act of 1996, Public Law 104-191) Also known as the "Kennedy-Kassebaum Act," this U.S. law protects employees' health insurance coverage when they change or lose their jobs (Title I) and provides standards for patient health, , coupled with Oracle's product offerings, will help customers of both companies to succeed in today's complex compliance environment, Protiviti said in an announcement.
"Addressing the many complexities of these regulations continues to be a significant challenge for companies," said Michael O'Donnell Michael O'Donnell (born c 1928), is a British physician, journalist and broadcaster.
He was born in Yorkshire, the son of a rural General Practitioner, and educated at Stonyhurst College and Trinity Hall, Cambridge, where he studied medicine. , Protiviti managing director and global leader of the firm's Technology Risk Services. "We're confident that our extensive consulting capabilities and expertise in compliance processes can help drive down the cost of these initiatives and deliver sustainable controls to Protiviti and Oracle customers worldwide."
Protiviti, a Certified Partner in the Oracle Partner Network, is assisting companies with compliance and controls effectiveness through implementing Oracle applications and technologies including Oracle Internal Controls Manager, Oracle's PeopleSoft Enterprise applications, Oracle Identity Management and Oracle Database Vault. This effort is aligned with Oracle's overall Global Compliance Initiative, which provides executives with the ability to monitor and control how information is being used, shared, duplicated or disseminated across dynamic information environments.
"Organizations increasingly face complex regulatory requirements Regulatory requirements are part of the process of drug discovery and drug development. Regulatory requirements describe what is necessary for a new drug to be approved for marketing in any particular country. that significantly impact business processes and IT infrastructure," said Robert Shimp, vice president, Global Technology Business Unit, at Oracle. "By working together with Protiviti, we are helping customers address these challenges by integrating compliance, security and risk solutions into business processes.
"Key technologies such as Oracle Database Vault, which helps protect against insider threat, together with Protiviti's proven expertise in compliance processes, allow us to deliver cost-effective, sustainable solutions to our joint customers."
Web: www.protiviti.com; www.oracle.com