Informatica has announced an initiative to help deliver comprehensive,
timely, and trusted data to organisations focused on governance, risk and
According to a November 2007 Forrester report titled Topic Overview:
Governance, Risk, And Compliance, "business complexity, along with increased
regulatory and market scrutiny, is driving organizations to adopt a
structured approach to governance, risk, and compliance (GRC)".
An example of this pressure is Basel II regulation in financial services.
"Basel II sets the bar high on required data management practices," says
Neil Hershaw, Information Management Officer, M&S Money. "Compliance
dictates the ability to correlate a significant history of consistent,
accurate and granular data. Equally, as an organisation, we wanted to ensure
we could always undertake quantitative measurement of our data to be utterly
assured of its accuracy."
Unfortunately, the data that is so vital to GRC initiatives is often
fragmented across complex IT environments, out of date, and of poor quality.
Informatica addresses these challenges by providing a unified data
integration platform to:
* Improve visibility and transparency into GRC activities with enterprise
* Deliver trusted information with data quality and accurate identity
* Increase business agility and reduce risk with realtime data integration
for all latency requirements;
* Reduce the cost of producing timely and trusted data for GRC, while
improving business efficiencies with Integration Competency Centres and
developer-friendly software solutions;
* Satisfy regulatory data audit and documentation requirements with
comprehensive metadata management, personalised data lineage, and data
impact analysis; and
* Cost-effectively comply with industry data structures and formats, such as
SWIFT for financial services, HIPAA and HL7 in healthcare, ACORD for
insurance, and EDI in manufacturing, to satisfy regulators and improve
business processes with Informatica's complex data transformation solutions.