Governance, Risk and Compliance Management: the real value of Virima Technologies.
Well appreciated in
its ecosystem, Aruvio has been acquired in June 2013 by
Atlanta based Virima Technologies, henceforth Aruvio’s GRC suite joined Virima portfolio
of cloud-based solutions.
Connectikpeople.co recalls that, the Aruvio cloud based GRC (Governance, Risk and
Compliance Management) suite is an audit driven solution with site
support allowing users to configure their own GRC portal for both
internal and
external users.
A
new version of Aruvio’s cloud based GRC platform captured by Connectikpeople.co
can simplify the risk assessment and reporting process while scaling to address
dynamic compliance regulations and segregated business units.
Connectikpeople.co can then observe that, Aruvio’s cloud based GRC platform
is engineered to manage risk, demonstrate compliance and automate business
processes for business and enterprise customers of all functions and
sizes. Institutions can gain visibility into corporate risk and security
controls spanning across finance, IT, operations, HR and legal domains.
Among the new enhancements featured in Aruvio V2.6, Connectikpeople.co has
captured:
- Compliance Management: The assessment and audit data collection interface has been improved to allow easier configuration and to hide specific data elements from users with specific roles. Additional control assessment data such as control impact and priority can be weighted during assessment and collected for improved audit process.
- Vendor Management: Vendor user credentials can be auto generated and dispatched along with vendor assessment notifications for additional security and ease of use. Vendor management interfaces have also been functionally improved.
- Policy Management: The policy acceptance process has been dramatically improved with added policy versioning support. Additionally, a Pass/Fail option has been added for policy training tests to ensure policy comprehension and acceptance.
- Security Management: Unauthenticated portal pages for organizational users have been added to enhance business collaboration. Users may search for and view limited information on approved vendors to verify the nature of external presence.
A note of 8 out of ten rewards high value they place on user-driven
innovation and ease of use.