Industries

Enterprise Risk Management and Compliance

“The deliverables that ANX can produce would be hard to replicate at twice the cost. That they can deliver this is a testament to their experienced consulting team, proven methodologies, and their investment in TruComply.  The ability to reuse information and expand our compliance with new and updated regulations in minutes instead of weeks has enabled our team to be able to focus away from repeatable tasks toward more risk management-centric findings, remediation activities, and maintaining compliance.” — Jeff Stebbins, Sr. Manager Infrastructure & Quality Assurance at American Axle & Manufacturing (AAM)

Rapid and Affordable Risk and Compliance Management

Virtually every enterprise that deals in sensitive data must master a complex web of governance, risk, and compliance (GRC) requirements, with many enterprises focused on compliance at the expense of risk management. To fully benefit the enterprise, GRC programs should balance compliance and risk, satisfying both regulators and shareholders by enabling the right amount of protection at the right cost. Achieving that balance requires experience, expertise, and proper supporting tools that streamline the effort and ensure optimal resource allocation based on strategic business priorities.

ANX provides both software-as-a-service (SaaS) and consulting solutions for compliance and risk management to help clients achieve GRC objectives. Each solution has been designed and matured based on our experience with thousands of clients.

TruComply — TruComply is an easy-to-use GRC SaaS application that can be fully implemented within a few weeks. TruComply currently supports over 550 regulations.

TruPCI — TruPCI is a SaaS application exclusively focused on the Payment Card Industry Data Security Standard (PCI DSS). TruPCI is designed for smaller merchants and those not ready for the full scope of TruComply.

TruAware — TruAware is a policy management and training module within TruComply that helps organizations develop, document, and communicate appropriate policies, procedures, and standards.

Managed Compliance and Risk Services — ANX’s Managed Compliance and Risk Services are for clients needing assistance from experienced consultants in addition to software.

ANX Compliance and Risk Management Benefits

With ANX’s compliance and risk management solutions, your organization will be able to:

• Reduce compliance costs compared to manual processes. Most GRC audit and assessment processes don’t actually require hands-on shepherding. ANX automates such tasks, which promotes ongoing, sustained compliance while freeing staff to focus on such strategic initiatives as analysis and remediation.
  
• Expand compliance coverage and reduce unintentional risks. Maintaining compliance with any comprehensive regulation can require hundreds or thousands of tasks. ANX ensures that all are continuously accounted for and continuously prioritized according to an overall risk methodology.
  
• Provide enterprise-wide visibility into risks. ANX reporting delivers the visibility required by various stakeholders who must add value to automated processes. Risk and compliance are managed within a unified process, ensuring optimal resource allocation based on strategic business priorities.
  
• Focus on risks that matter most in a timely fashion. The prioritizing of risks in context of enterprise realities allows for more cost-effective mitigation while ensuring that risks with the highest exposure and greatest impact get the attention they require.
  
• Increase internal focus on strategic risk initiatives. Recent studies show that enterprises spend as much as 62% of risk management effort on data collection. ANX shrinks that effort with TruComply, freeing resources to focus on analysis and risk mitigation.
  
• Quick implementation and return on investment. With its orchestrated approach to GRC and expert assistance, ANX offers rapid implementation that, compared with the compliance cost of manual methods, consistently delivers ROI within a single budget cycle following kick-off.