Compliance

Effective management of policies and procedures is the cornerstone of a successful compliance operation. However, the ever changing regulatory environment creates a significant burden on those responsible for managing policies and procedures and their associated compliance programs. Compliance professionals must oversee and organize large volumes of content from disparate functional groups and direct the exchange of information between various internal and external stakeholders including regulatory agencies. Paisley Enterprise GRC^® for compliance provides all of the critical components required to automate the creation, management and enforcement of your compliance policies and procedures at every lifecycle phase: create, edit, review, approve, distribute and retire.

Thomson Reuters offers the premier integrated compliance and policy management solution for organizations in regulated industries. Unparalleled for functionality and flexibility, the software enables organizations to consolidate and reduce the cost and complexity of managing all of their laws and regulations and policies and procedures, in one all-encompassing compliance solution. Functionality includes:

• Central library of laws/regulations and policies
• Policy lifecycle management
• Collaborative review and authoring
• Top-down policy risk assessment
• Read and understood
• Electronic signatures
• Integrated regulatory content
• Dashboards and reporting

Thomson Reuters compliance solution consolidates and standardizes the entire range of enterprise compliance, risk and governance components into an integrated framework that eliminates the cost of managing disparate and isolated applications. With Thomson Reuters compliance solution, companies are able to make informed, risk-based decisions to optimize performance levels, accelerate the delivery of new products and gain control across the enterprise.

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