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News Article | November 3, 2016
Site: www.newsmaker.com.au

Enterprise Governance, Risk and Compliance (EGRC) solutions help organizations to manage, consolidate and automate critical business processes that ideally provide decision makers an efficient way to achieve their business objectives. EGRC tool eliminates tedious duplication of data entry on spreadsheets, provides reliable data repositories and facilitates automated workflows, simultaneously reducing the risk of errors. The market for GRC is segmented into three major areas viz., Governance, Risk and Compliance (GRC) management software, GRC execution capabilities, and GRC applications. GRC management software helps to organize risk and compliance programs across the business. GRC execution capabilities helps to monitor and take action on risk and compliance issues defined in GRC management, while the GRC applications helps to address specific business processes as identified by regulatory agencies across the globe. Demand for enterprise governance, risk and compliance solutions is growing in industries such as companies involved in grid computing, social networking, network security and cloud services, where risk management plays an important role These companies face growing business risks from increasing number of data breaches and security thefts, such as cyber attacks. Such data breaches can destroy the confidential information and processes within seconds and can cause massive financial losses to the companies. EGRC manages and protects the enterprise from such attacks and threats by consistently monitoring various devices over the high speed network. The major driver for EGRC market is the compliance violation concerns. There is an increasing complexity in the facilitation of compliant business processes, which stems from an increasing number of regulations, frequent and dynamic changes, as well as shared processes and services executing n highly decentralized situations. EGRC increases corporate accountability, improves strategic, operational financial efficiency, lowers risk and compliance costs, and improves overall performance. EGRC solutions market would see high growth in organizations where efficient resource allocation is the major requirement. EGRC gathers constant improved information of efforts from work units and specialist assurance units, on where the really important risk exploitation opportunity lies within an organization. This facilitates improved resource allocation decisions capabilities for the organization, thus helping in its decision making capabilities. Integration of EGRC data and efforts also leads to use of this information in planning, budgeting and performance management and remuneration systems. However, with the ever increasing challenge in the number of data breaches and compliance violations in organizations, vendors in the enterprise EGRC market need to constantly innovate and remodel their existing architecture to develop better and more secure systems. This has led to increased complexity of risk and compliance programs, thereby restricting the market growth. Geographically, Asia Pacific EGRC market is emerging due to the increasing competition faced by the businesses. To survive in this competition; the organizations need unique business strategy. With the help of EGRC, any strategy implemented can be closely monitored and analyzed for loop holes and can be executed successfully, which would create a high growth opportunity for the enterprise governance, risk and compliance market in this region. In Europe and Latin America region, EGRC market is expected to see high growth, as enterprises face major challenge in terms of compliance to changes in regulations over the time. Such regulatory changes would drive the organizations to adopt Enterprise Governance, Risk and Compliance solutions during the forecast period. The Enterprise Governance, Risk and Compliance solutions effectively and smoothly align and adjusts in real-time with the regulatory changes. Middle East and African EGRC market is mainly driven by the increasing need for risk management and corporate governance. Due to the capabilities of EGRC solutions and services to manage the various resources in an effective manner, companies can control organizational activities in a better way with the usage of these tools. Major vendors have been successful to assemble GRC-based platforms due to their expansion activities by acquisition of small firms and collaborations with other entities, to address multiple governance, risk and compliance concerns. The EGRC market is holding considerable grip which is apparent from the acquisitions of Compliance 360 by SAI Global and BWise by NASDAQ OMX, and collaboration between Microsoft Corp. and BearingPoint Inc. Key players in the enterprise governance, risk and compliance market are, SAS Institute Inc., IBM Corp., SAP SE, Oracle Corp., MetricStream Inc., Mega International, FIS, and Thomson Reuters. Many players that provide EGRC consulting and advisory services to business include Halex Business Risk Services Ltd, Coalfire Systems, Inc. and EMC Corporation


Monge M.E.,Georgia Institute of Technology | Dwivedi P.,Georgia Institute of Technology | Zhou M.,Georgia Institute of Technology | Payne M.,Compliance 360 | And 8 more authors.
PLoS ONE | Year: 2014

Reproductive health has been deleteriously affected by poor quality medicines. Emergency contraceptive pills (ECPs) are an important birth control method that women can use after unprotected coitus for reducing the risk of pregnancy. In response to the detection of poor quality ECPs commercially available in the Peruvian market we developed a tiered multi-platform analytical strategy. In a survey to assess ECP medicine quality in Peru, 7 out of 25 different batches showed inadequate release of levonorgestrel by dissolution testing or improper amounts of active ingredient. One batch was found to contain a wrong active ingredient, with no detectable levonorgestrel. By combining ultrahigh performance liquid chromatography-ion mobility spectrometry-mass spectrometry (UHPLC-IMS-MS) and direct analysis in real time MS (DARTMS) the unknown compound was identified as the antibiotic sulfamethoxazole. Quantitation by UHPLC-triple quadrupole tandem MS (QqQ-MS/MS) indicated that the wrong ingredient was present in the ECP sample at levels which could have significant physiological effects. Further chemical characterization of the poor quality ECP samples included the identification of the excipients by 2D Diffusion-Ordered Nuclear Magnetic Resonance Spectroscopy (DOSY 1H NMR) indicating the presence of lactose and magnesium stearate. © 2014 Monge et al.


Kaale E.,Muhimbili University of Health and Allied Sciences | Hope S.M.,United States Agency for International Development | Jenkins D.,Compliance 360 | Layloff T.,Supply Chain Management System
Tropical Medicine and International Health | Year: 2016

Objective: To assess the quality of cotrimoxazole tablets produced by a Tanzanian manufacturer by a newly instituted quality assurance programme. Methods: Tablets underwent a diffuse reflectance spectroscopy procedure with periodic quality assessment confirmation by assay and dissolution testing using validated HPTLC techniques (including weight variation and disintegration evaluations). Results: Based on results from the primary test methods, the first group of product was <80% compliant, whereas subsequent groups reached >99% compliance. Conclusions: This approach provides a model for rapidly assuring product quality of future procurements of other products that is more cost-effective than traditional pharmaceutical testing techniques. © 2016 John Wiley & Sons Ltd.


PubMed | Muhimbili University of Health and Allied Sciences, Supply Chain Management System, Compliance 360 and United States Agency for International Development
Type: Journal Article | Journal: Tropical medicine & international health : TM & IH | Year: 2016

To assess the quality of cotrimoxazole tablets produced by a Tanzanian manufacturer by a newly instituted quality assurance programme.Tablets underwent a diffuse reflectance spectroscopy procedure with periodic quality assessment confirmation by assay and dissolution testing using validated HPTLC techniques (including weight variation and disintegration evaluations).Based on results from the primary test methods, the first group of product was <80% compliant, whereas subsequent groups reached >99% compliance.This approach provides a model for rapidly assuring product quality of future procurements of other products that is more cost-effective than traditional pharmaceutical testing techniques.


Jenkins D.W.,Compliance 360 | Hensens A.,Compliance 360 | Lloyd J.,Compliance 360 | Payne M.,Compliance 360 | And 2 more authors.
Tropical Medicine and International Health | Year: 2013

Objectives: To outline the development and validation of a universal method for quantifying deltamethrin, permethrin and alpha-cypermethrin levels in a variety of long-lasting insecticidal mosquito nets. Methods: Using the HPLC conditions found in the CIPAC method for deltamethrin quantification, the method is based on a simple extraction technique for sample preparation (heating in isooctane at approximately 100 °C for 15 min). The method was validated for linearity, specificity, accuracy, precision, insecticide stability to extraction conditions and required extraction time for insecticide removal. Results: The method was found valid for insecticide quantifications for various types of nets, namely for deltamethrin coated on polyester nets, deltamethrin incorporated into polyethylene nets, permethrin incorporated into polyethylene nets, alpha-cypermethrin coated on polyester nets and alpha-cypermethrin incorporated into polyethylene nets. Conclusions: This method will provide a more simplified approach to testing a variety of nets (different types of fibre) containing deltamethrin, permethrin or alpha-cypermethrin. © 2012 Blackwell Publishing Ltd.


PubMed | Compliance 360
Type: Journal Article | Journal: Tropical medicine & international health : TM & IH | Year: 2013

To outline the development and validation of a universal method for quantifying deltamethrin, permethrin and alpha-cypermethrin levels in a variety of long-lasting insecticidal mosquito nets.Using the HPLC conditions found in the CIPAC method for deltamethrin quantification, the method is based on a simple extraction technique for sample preparation (heating in isooctane at approximately 100 C for 15 min). The method was validated for linearity, specificity, accuracy, precision, insecticide stability to extraction conditions and required extraction time for insecticide removal.The method was found valid for insecticide quantifications for various types of nets, namely for deltamethrin coated on polyester nets, deltamethrin incorporated into polyethylene nets, permethrin incorporated into polyethylene nets, alpha-cypermethrin coated on polyester nets and alpha-cypermethrin incorporated into polyethylene nets.This method will provide a more simplified approach to testing a variety of nets (different types of fibre) containing deltamethrin, permethrin or alpha-cypermethrin.


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PubMed | Georgia Institute of Technology, University of Oxford and Compliance 360
Type: Journal Article | Journal: PloS one | Year: 2014

Reproductive health has been deleteriously affected by poor quality medicines. Emergency contraceptive pills (ECPs) are an important birth control method that women can use after unprotected coitus for reducing the risk of pregnancy. In response to the detection of poor quality ECPs commercially available in the Peruvian market we developed a tiered multi-platform analytical strategy. In a survey to assess ECP medicine quality in Peru, 7 out of 25 different batches showed inadequate release of levonorgestrel by dissolution testing or improper amounts of active ingredient. One batch was found to contain a wrong active ingredient, with no detectable levonorgestrel. By combining ultrahigh performance liquid chromatography-ion mobility spectrometry-mass spectrometry (UHPLC-IMS-MS) and direct analysis in real time MS (DART-MS) the unknown compound was identified as the antibiotic sulfamethoxazole. Quantitation by UHPLC-triple quadrupole tandem MS (QqQ-MS/MS) indicated that the wrong ingredient was present in the ECP sample at levels which could have significant physiological effects. Further chemical characterization of the poor quality ECP samples included the identification of the excipients by 2D Diffusion-Ordered Nuclear Magnetic Resonance Spectroscopy (DOSY 1H NMR) indicating the presence of lactose and magnesium stearate.


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