July 9, 2008
Compliance 360 Announces the Next Generation of Regulatory Management
Compliance 360, a leading provider of enterprise governance, risk and compliance (GRC) solutions, enhances its flagship product with the next generation of regulatory management for the corporate environment.
For companies who operate in highly regulated industries, this new release provides significant benefits in the management of laws, regulations, standards and guidelines. Compliance 360 customers are now able to automatically acquire content from authorized third parties or from Compliance 360-Certified Content Providers like LexisNexis(R), a global information solutions provider, and stream access to the regulatory content to the appropriate person or team based on the type of law or regulation. Customers are ensured that the right people are always reviewing the right content, and take the appropriate action with respect to that content, which enhances accountability and improves efficiencies.Additional features of the Compliance 360 Regulatory Management Module include:
-- Graphical views of the status of new regulations ensure that management is aware of the legal and regulatory impact of new laws or regulations and has taken appropriate action.
-- Compliance 360's Virtual Evidence Room(SM) ensures all content is electronically organized and archived in a central repository. The Virtual Evidence Room(SM) simplifies audits, ensures compliance, and protects the corporation in the event of a future legal or regulatory action.
-- Taxonomy Management provides a single view of various laws, regulations, etc. that have common attributes. For example, a user can search and display all regulations that have a relationship with data privacy.
"Organizations around the world depend on LexisNexis for information and solutions that they can trust, be it legal, regulatory or risk management related," said Renee Citera, vice president and managing director of research, LexisNexis.
"As a premier information provider with more than 30 years of proven expertise, we understand the serious need for organizations to be in compliance. We are pleased to work with Compliance 360 to help customers face the challenge of managing in an environment of increased regulation."
"Centene's health plans are heavily regulated at the state and federal level. This new release will help us to further streamline and automate many processes we use to manage our compliance activities. We rely on Compliance 360 to maintain its leadership in Governance, Risk and Compliance technology so we can better manage these areas in our complex, regulated world," said Robert Miromonti, vice president, ethics & compliance, Centene Corporation.
"Our Regulatory Management solution has been carefully designed and is based on hundreds of customer interviews with corporate legal officers and compliance professionals across various industries," according to Steve McGraw, Compliance 360 President and CEO. "Our clients need solutions that are business-driven and these enhancements are helping our customers improve and further streamline their management of complex legal and regulatory risks across their organizations."
LexisNexis(R) (www.lexisnexis.com) is a leading global provider of business information solutions to a wide range of professionals in the legal, risk management, corporate, government, law enforcement, accounting and academic markets. LexisNexis originally pioneered online information with its Lexis(R) and Nexis(R) services. A member of Reed Elsevier (NYSE: ENL; NYSE: RUK) (www.reedelsevier.com), LexisNexis serves customers in more than 100 countries with 13,000 employees worldwide.
About Centene Corporation
Centene Corporation is a leading multi-line healthcare enterprise that provides programs and related services to individuals receiving benefits under Medicaid, including the State Children's Health Insurance Program (SCHIP), Supplemental Security Income (SSI) and Medicare (Special Needs Plans). The Company operates health plans in Arizona, Georgia, Indiana, New Jersey, Ohio, South Carolina, Texas and Wisconsin. In addition, the Company contracts with other healthcare and commercial organizations to provide specialty services including behavioral health, life and health management, long-term care, managed vision, nurse triage, pharmacy benefits management and treatment compliance. Information regarding Centene is available via the Internet at www.centene.com.
About Compliance 360
Compliance 360 is a leading provider of enterprise governance, risk and compliance solutions for companies who operate in highly regulated industries. The Compliance 360 on-demand solution suite includes modules that address IT governance, policies and procedures management, incident management, surveys, Sarbanes Oxley compliance and enterprise risk management. Customers benefit by reducing risks, improving efficiencies and protecting their brand. Compliance 360 has headquarters in Atlanta, GA and assists over 93,000 users everyday in a variety of highly regulated complex business environments. For more information, visit Compliance 360 at www.compliance360.com.
Editor's Note: Compliance 360 is a registered trademark of Compliance 360, Inc. Virtual Evidence Room is a registered service mark of Compliance 360, Inc. All other trademarks are recognized as proprietary to their owners.