Microsoft, BearingPoint Team Up To Provide Risk-Based Compliance Solution

##AUTHORSPLIT##<--->

Microsoft has teamed up with BearingPoint to create the BearingPoint Enterprise Governance, Risk, and Compliance (EGRC) solution. The platform is built on Microsoft technology and capitalizes on the companies' long-standing relationship.

According to the announcement, the EGRC solution is built on the Microsoft Office SharePoint Server 2007 and is designed to help organizations assess and manage areas of risk by alerting stakeholders when predefined metrics are exceeded. The alerts help initiate workflow steps, forcing employee action, and creating a verifiable audit trail.

"In so many organizations, compliance and risk management are treated as silos of responsibility, supported by costly, reactive point solutions," said J.R. Reagan, vice president and managing director, Global Risk, Compliance and Security, BearingPoint, in a prepared statement. "By merging our deep experience in risk and compliance management with Microsoft's technology, we are delivering a powerful, compelling and cost-effective solution for clients worldwide."

The new platform builds on BearingPoint's EMEA ECM and Compliance solutions established for a handful of European clients, as well as the Integrated Financial Control and Compliance solution (iFiCCS) designed specifically for U.S. government clients. According to the companies, this new solution will address a range of issues across all industries, and is intended to increase productivity while helping reduce overall costs.

Get daily news from THE Journal's RSS News Feed


About the author: Chris Riedel is a freelance writer based in Illinois. He can be reached via e-mail here.

Proposals for articles and tips for news stories, as well as questions and comments about this publication, should be submitted to David Nagel, executive editor, at [email protected].

About the Author

Chris Riedel is a freelance writer based in Illinois. He can be reached here.

Featured

  • stylized human profiles, tablets, and floating icons

    From Feedback to Flexibility: 5 AI Tools Teachers Should Try

    As a fifth-grade teacher and AI School Champion in the St. Vrain Valley School District, I've seen firsthand how artificial intelligence (AI) is transforming education. Here are five AI-enabled tools I've found especially powerful in my classroom and professional practice.

  • computer monitor with a bold AI search bar on the screen

    Google Rolls Out AI Mode in Search

    About a year after introducing AI Overviews for its flagship search offering, Google has announced broad availability of AI Mode in Search.

  • portable Wi-Fi hotspot rests on a stack of books and a laptop in a library

    Senate Votes to Rescind E-Rate Program Funding Loaner WiFi Hotspots for Schools and Libraries

    The Senate has passed a joint resolution to overturn "Addressing the Homework Gap Through the E-Rate Program," a July 2024 expansion to the FCC's E-Rate program that allowed schools and libraries to utilize E-Rate resources to loan out WiFi hotspots to students, school staff, and library patrons.

  • silhouetted student stands before the White House, surrounded by abstract digital graphics of brains, circuits, and AI elements

    White House Sets Sights on AI Education

    A new executive order from President Donald Trump aims to advance America's position in artificial intelligence technology by incorporating AI into education and providing AI training for educators.