| | October 20146CIOReviewCopyright © 2014 CIOReview, 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.CIOReviewOCTOBER - 6 - 2014CIOReview's circulation is audited and certified by BPA International (Audit Pending). Mailing AddressCIOReview44790 S. Grimmer Blvd Suite 202, Fremont, CA 94538T:510.402.1463, F:510-894-8405 October 2014, volume SE 17 Published by CIOReview To subscribe to CIOReviewVisit www.cioreview.com Editor-in-Chief Pradeep ShankarManaging Editor Christo JacobEditorial StaffSalesT:510.565.7564 VisualizersStephen ThomasRanjith CCOMPLIANCE TECHNOLOGY SPECIALCIOReviewCaroline D'souzacaroline@cioreview.com Leena Josephleena@cioreview.com Sebastian Jacobsebastian@cioreview.com Allwyn SilvaJoshua ParkerShirley FaithUrmi SenguptaAlex D'SouzaJem Elizabeth Matthew JacobSonia SacharOrganizations today are struggling to manage risks across the enterprise. As global regulatory and compliance regimes continue to mature, and organizations expand to new market segments, they face new risks. In the midst of today's cloud, big data, global, virtual, social and mobile world, a strong GRC technology infrastructure provides organizations ability to manage risks and also offers data points that can strengthen business decisions in order to meet current challenges and pursue future opportunities. CIOs and Chief Compliance Officers have come to realize that they need an effective GRC program to operate in the current business environment. It is clear to them that in the context of a risk environment subject to constant change, and a regulatory landscape that continues to evolve, the long-term costs of not having a company-wide, pervasive GRC program will far outweigh the investment required to implement and maintain one. This means GRC program should be as dynamic as the business environment. Simply put, GRC is not simply a technological framework but also an ongoing process. Given today's business environment and organization's risk landscape, an integrated GRC platform can prove adaptable and agile, enabling a company to keep pace with shifting compliance standards and regulatory policies. CIOs understand that a pervasive GRC framework can significantly reduce the costs associated with risk incidents while also contributing to more informed and more strategic decision making at the highest levels of an enterprise. In this special edition on compliance technology, we present to you insights from several experts on the GRC challenges their organizations face and how they address these challenges in an efficient, effective, and agile manner. We are also featuring the most promising compliance technology solution providers in this issue. We hope this will help you in your decisions as you strategize your GRC program. Please do let us know your thoughts on how GRC infrastructure ecosystem is shaping in your business environment. Pradeep ShankarEditor-in-Chiefeditor@cioreview.comTowards a Pervasive GRC Program Editorial
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