Governance, risk and compliance platform vendor Aruvio Inc. rolled out its new, cloud-based GRC tool, dubbed AruvioGRC. The product will be delivered on the Salesforce.com platform, according to company officials who claim the Software as a Service model makes AruvioGRC faster, cheaper and easier to use than conventional GRC software.
"Today's GRC software solutions are monolithic and complex," said Aruvio CEO Rajesh Unadkat in a statement. "They cost hundreds of thousands of dollars to buy, it takes three to 12 months to deploy, all the while returning very little value because they are too complex to use for the average business users."
Aruvio officials say AruvioGRC features:
- Automation of most manual GRC tasks.
- Support for existing GRC processes without wholesale changes.
- Integration with popular tools and data repositories, such as Microsoft Office and SharePoint.
- Collaboration using advance social enterprise features.
Aruvio is working with the Unified Compliance Framework (UCF) to ease adoption of standards and best practices.
"Many customers receive the quarterly UCF releases in Microsoft Excel format," said Craig Isaacs, CEO at Network Frontiers LLC, the company that created the UCF. "Aruvio does a great job of managing those quarterly updates by providing a clear process to integrate new requirements into existing governance systems."
UCF adoption continues to grow
Previously featured compliance and GRC management tools.
TruOps will take advantage of the UCF's ability to map IT controls from over 400 international regulatory requirements, standards and guidelines. Network Frontier's methodology compiles the data into a single set of requirements that highlights where multiple regulations overlap, speeding the creation of customized controls while leveraging existing compliance policies, processes and tools.
"By leveraging the UCF, TruOps can build composite compliance assessment questionnaires that work across multiple control sets with no redundancy, enabling a 'test-once, comply-to-many' standard," Isaacs said in a statement. "Unified compliance, unified data -- it's a great way to leverage the UCF to provide outstanding ROI for customers."
The integration of UCF content into TruOps GRC Hub standardizes controls mapping to regulations and policy mandates, allowing clients to reduce IT GRC costs, said Naresh Podila, vice president of products and platforms at SDG Corp.
"In addition, the controls from UCF, when mapped to the TruOps' risk catalogue, will provide customers with an even stronger risk management framework," Podila added.
Do you know of new compliance products we should feature? Email us at email@example.com.