Solutions
Solutions Overview

The introduction of major regulations including Sarbanes-Oxley, Basel II, and HIPAA in the last decade has led organizations toward adoption of a repeatable, sustainable compliance framework. The ad hoc project approach for achieving compliance and governance goals is no longer cost effective and significantly raises enterprise risks.

To address repeatable, sustainable compliance goals, Azilon offers a suite of automated, enterprise-wide governance solutions. The solutions allow customers to achieve governance and compliance goals in an effective manner using Azilon's enterprise governance framework.

Financial Control Management

Financial Control Management provides an end-to-end solution for managing financial controls and allows corporations to achieve their SOX-404 goals. The solution also provides real-time, continuous control monitoring to finance managers.

Operational Risk Management

The Basel Banking Accord defines operational risk as the risk of direct or indirect loss resulting from inadequate or failed internal processes, people and systems or from external events. Azilon’s solution identifies risk exposures, both in likelihood of occurrence and impact and prioritizes risk by severity. The solution identifies causality of faults and is used to improve business practices, reduce costly errors, and maintain high customer delivery levels.

Regulatory Compliance

Organizations are required to comply with an ever-increasing number of regulatory mandates in areas like information security, privacy, reliability, and business integrity. Existing manual and fragmented approaches to regulatory compliance are costly and increase the risk of non-compliance. Azilon’s Regulatory Compliance solution is comprised of an automated, integrated suite of products designed to capture and manage enterprise-wide regulatory activity including Audit and Risk assessment, Corporate Filing, Regulatory tracking and other client specific solutions.

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