20 Most Promising Compliance Solution Providers - 2016

20 Most Promising Compliance Solution Providers - 2016

Compliance has fast transformed from an auxiliary process to a core one. Its importance has ballooned to an extent that many organizations have started incorporating Chief Compliance Officers in their hierarchy. Credit for this rapid phenomenon can be entirely linked to growing cyber attacks that have jolted the business world with examples including some of the biggest fishes in the pond. While organizations have retaliated by bolstering their security measures, everybody agrees to the fact that none of the measures are full-proof and fool-proof. Ensuring the maximum possible impact of these security measures mandate that there be set of rules that every personnel follows while accessing, or delivering business information.

On the other hand, regulatory bodies—both governmental and industrial—across the world have started tightening their grips, not only to protect sensitive customer information, but in the wake of unethical practices on the rise, also to enforce fair-play. Some of the prominent regulations across different verticals include SarbanesOxley Act, HIPPA, PCI DSS and FISMA.

Although compliance adds to expenditure of organizations, it must be bore in mind that non-compliance will result in greater losses incurred by regulatory fines as well as a tarnished image. To make compliance a serious work process regulatories have even multiplied the fines over the recent past. Joining the cause are also business stakeholders that have started demanding regular compliance audit reports. Off lately, it has been noted in well performing companies that compliance adherence also delivers better productivity that non-complying counterparts. In this scenario, a distinguished panel of prominent CEOs, CIOs, VCs, and analysts, along with the CIOReview’s editorial board has assessed hundreds of compliance solution providers and shortlisted the ones that are at the forefront of providing cutting-edge technology solutions. The listing provides a look into how the solutions in this domain are put into use, so that you can gain a comprehensive understanding of how they will optimize business processes.

We present to you 20 Most Promising Compliance Solution Providers 2016.

Company Name

Company Description

Axletree Solutions A premium SWIFT Service Bureau and Professional Consulting service, Provider of Compliance and SaaS-based Treasury automation solutions and Integration services
Bwise Provides proven software solutions for risk management, internal control, internal audit, and compliance
Compliance & Risks Helping companies manage compliance requirements throughout the world via C2P, the Requirements Management Platform, regulatory process consulting, market access, and other solutions, helping to create a cleaner, safer and better world
Compliance Solutions Compliance Solutions GmbH provides ready-to-use yet modular and adaptive IT and business solutions for corporate compliance
Electronic Health Resources, LLC Specializes in the strategic application of MITA principles throughout all six CMS certification milestones
Enablon Provides on-premise and SaaS solutions for EH&S performance and compliance management, safety and risk management and energy and carbon management
Force 5 Force 5’s software solutions are designed to provide audit-ready evidence, constant situational awareness, and persistent risk assessment for critical infrastructure (CIP) and safety (OSHA) designated facilities
LogicManager Connects traditional risk, governance, and compliance activities to identify root cause risks across the enterprise
MetricStream Simplifying Governance, Risk, and Compliance (GRC) for modern and digital enterprises
Nuspire Networks Provides compliance services to assist clients in governance, risk and compliance challenges with customized network security
PrivacyCheq Provides Privacy Enhancing Technology (PET) solutions for privacy and legal problems created by the explosive growth of connected IoT devices, smartphones and tablets
ProcessMAP Corporation Provider ofSoftware-as-a-Service platform to enable organizations become more efficient in Environment, Health, and Safety (EH&S) Management; and Enterprise Compliance Management
Protiviti Consulting firm that helps companies solve problems in finance, technology, operations, governance, risk and internal audit
Quantivate Provider of SaaS Governance, Risk, and Compliance (GRC) software solutions
SiteCompli Provides Compliance Automation Technology (CAT) and SiteCompli Retail to monitor government data, manage business licenses, violations, complaints and fines
Street Systems A consulting company that provides finance, middle office, compliance and trading tools for the broker dealer community
Syncplicity Easy-to-use, enterprise-grade file sync and share solution redefining file sharing for the mobile workforce
Trintech Trintech, Inc. pioneered the development of Financial Corporate Performance Management (FCPM) software to optimize the Record to Report process
Watchful Software Watchful Software helps to keep information safe from security breaches or disclosures resulting from malicious wrongdoing or inadvertent misusage
Workiva Specializes in compliance, disclosure management, enterprise risk management, corporate financial planning and analysis, regulatory risk reporting, and audit management solutions