"The Certus solution is a tremendous risk management tool that allowed my Transit Vulnerability Risk Assessment team to perform its function with great speed and extremely high results. The program generated reports in seconds that determined the risk to our organization in many categories that would of normally taken months to determine. The Certus program is a highly effective and efficient risk management tool."
Patrick Nieman
Team Leader, Edmonton Transit Security
City of Edmonton, Alberta
Certus™ Product Overview
Enterprise Governance Management (EGM)
Mission
Our mission is to become the leading enterprise governance management software company, focused on building integrated governance, risk and compliance solutions for the enterprise.
Context
The Sarbanes-Oxley Act has helped bring corporate governance into the limelight and companies are since realizing that good governance can not only save compliance costs in the short term but more importantly can also create strategic and competitive value in the long run.
Compliance can be seen as a journey which for many organizations began with SOX compliance and evolved into building an Enterprise Governance Management capability. The EGM process is a logical chain of events to help transform disparate compliance activities and fragmented data into strategic, actionable insight to help make superior governance a business reality.
Leading edge companies make the EGM value chain a key part of the business strategy and operational planning processes. For many companies, the first step in bringing sustainability to compliance is implementation of a compliance technology platform. As companies move to the next stage in the compliance journey, they focus on optimizing by transitioning from passive compliance to active compliance. Once an organization has established a robust foundation for compliance and implements the means to measure and continually improve compliance, it is able to leverage these practices beyond SOX, such as requirements from Basel II, HIPAA, FDA and other industry-specific regulations.
As companies move towards the next step in the compliance journey, they are beginning to see that they need to leverage technology in order to build a framework that is capable of automating governance best practices and making compliance an inseparable part of daily business operations.
As companies juggle with hundreds or thousands of compliance requirements, an effective enterprise risk management approach ensures that resources are appropriately allocated based on risk exposure to diminish the chances of compliance failures and negative surprises, and bring a risk management discipline to the organization.
Positioning For Today
Certus™ today supports organizations in their Enterprise Governance Management activities through the sale of three individual products. These products; Certus™ Risk, Certus™ Compliance and Certus™ Analysis today help organizations in managing, documenting, maintaining, monitoring and prioritizing all of their governance, risk and compliance activities. They can be used individually to meet specific requirements or together on the path to our next generation holistic governance application.