IT Governance

The increased focus on regulatory compliance has highlighted the control risks, deficiencies and weaknesses in information technology, creating a greater focus on governance, risk and compliance for IT groups. Due to the central role IT plays in an organization, an integrated governance, risk and compliance solution must establish the control, risk management and oversight of IT related processes and controls. This discipline, commonly known as IT governance, is the process of establishing visible, positive oversight of the IT practices, assets and resources to demonstrate that risks are managed and corporate objectives are supported and achieved, ensuring the proper use of IT resources.

Thomson Reuters offers a comprehensive governance, risk and compliance solution that includes a purpose-built component for IT governance that aligns IT operations with corporate goals and business objectives, identifies material IT risks through risk assessments and prevents and reduces IT incidents and losses. Paisley’s comprehensive governance, risk and compliance software solutions include a central risk library and a configurable IT asset, process, risk and control structure. In addition, the solution delivers extensive reporting capabilities including dashboards, heat maps and ad hoc reports. As a component of a complete governance, risk and compliance solution, Paisley’s IT governance functionality includes integrated audit management, surveys and assessments and issue and action plan documentation and reporting.

Thomson Reuters delivers this industry leading IT governance functionality as a component of Paisley Enterprise GRC^® or GRC on Demand^®.