CIOReview
| | DECEMBER 20176CIOReviewWhile the regulatory landscape has become more dynamic, compliance programs today have taken on the role of an undesignated defender of integrity in a rapidly evolving market. With continuously changing regulations, a more mobile workforce, increasing mergers and acquisitions, and the emergence of cloud-based solutions, how and where to compliantly manage the data has become a critical business decision for enterprises. According to a Forrester report, this year, almost 61 percent of decision-makers reported that their firms had implemented or were expanding their use of SaaS for archiving. Currently, the adoption of cloud-based compliance solutions is accelerating with the blend of multi-tenant, dedicated, and private cloud models to address varied data privacy requisites. Many organizations are leveraging advanced analytics tools that can process data from multiple sources and provide visibility into activities that could pose a threat to sensitive data.Leveraging these advanced analytics tools across a mix of communications channels enables compliance professionals to cut cost and reduce risk by clearly understanding broader links and data flows. These capabilities also provide the base for compliance professionals to work with their peers to unlock business value by surfacing new patterns and trends. As more compliance programs mature, companies have to also pay attention to internal auditing and monitoring functions so that they can identify the areas for improvement and take necessary action. Automation in auditing and monitoring functions can offer numerous benefits for organizations. To name a few, companies can monitor large range of transactions and create a detailed report necessary to meet the compliance requirements. Auditors can use this documentation to verify how an organization provides security and integrity and proves that policies have been effectively operationalized. While technology is spearheading the compliance strategies, our goal is to help enterprises navigate the complexities in the market and find the best-of-breed compliance solutions providers that strike right balance between maintaining compliance and increasing productivity. This edition features a list of leading vendors in the compliance space along with insightful articles from thought leaders. We believe this edition will help you in evaluating and formalizing strategies for your organization.Let us know your thoughts.Jeevan George Managing Editoreditor@cioreview.comEditorialCompliance EvolutionCopyright © 2017 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.CIOReviewDECEMBER - 21 - 2017Mailing AddressCIOReview44790 S. Grimmer Blvd Suite 202, Fremont, CA 94538T:510.402.1463, F:510-894-8405 DECEMBER - 21 - 2017, Vol 06 SE 139 Published by ValleyMedia, Inc.To subscribe to CIOReviewVisit www.cioreview.com CIOReviewEditorial StaffSalesT:510.565.7628 Aaron PierceBanu JohnJustin SmithKhyati DubalKenneth ThomasKyle SummersRussell ThomasSarah FernandesAlena D'souzaAlena@cioreview.comVisualizersIssac GeorgeJohn GouthamManaging EditorJeevan GeorgeCOMPLIANCE TECHNOLOGY SPECIAL*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staff
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