Computerworld
Media releases are provided as is by companies and have not been edited or checked for accuracy. Any queries should be directed to the company itself.

Informatica Delivers Comprehensive, Timely, and Trusted Data for Governance, Risk and Compliance
 01 July, 2008 10:00

Informatica Corporation (NASDAQ: INFA), the leading independent provider of data integration software and services, today announced an initiative to help deliver comprehensive, timely, and trusted data to organisations focused on governance, risk and compliance (GRC).

According to a November 2007 Forrester report titled Topic Overview: Governance, Risk, And Compliance, “business complexity, along with increased regulatory and market scrutiny, is driving organisations to adopt a structured approach to governance, risk, and compliance (GRC).”

An example of this pressure is Basel II regulation in financial services. “Basel II sets the bar high on required data management practices,” said Neil Hershaw, Information Management Officer, M&S Money. “Compliance dictates the ability to correlate a significant history of consistent, accurate, and granular data. Equally, as an organisation, we wanted to ensure we could always undertake quantitative measurement of our data to be utterly assured of its accuracy.”

Unfortunately, the data that is so vital to GRC initiatives is often fragmented across complex IT environments, out of date, and of poor quality. Informatica addresses these challenges by providing a unified data integration platform to: - Improve visibility and transparency into GRC activities with enterprise data integration - Deliver trusted information with data quality and accurate identity matching - Increase business agility and reduce risk with real-time data integration for all latency requirements - Reduce the cost of producing timely and trusted data for GRC, while improving business efficiencies with Integration Competency Centres and developer friendly software solutions - Satisfy regulatory data audit and documentation requirements with comprehensive metadata management, personalised data lineage, and data impact analysis - Cost effectively comply with industry data structures and formats, such as SWIFT for financial services, HIPAA and HL7 in healthcare, ACORD for insurance, and EDI in manufacturing, to satisfy regulators and improve business processes with Informatica’s complex data transformation solutions

“Banking regulations require that we institute safeguards to prevent Money Laundering and Terrorist Financing, inclusive of collecting and verifying customer information”, said Mike Bassett, vice president and senior AML manager, Bank of America. “We utilise Informatica to test, and identify potential customer data “logical” defects. The ensuing analysis and repair of these defects helps to ensure a high customer data quality standard, which is critical for use in our detection and investigation processes.”

“Access to complete, accurate, and timely information can be challenging for organisations dealing with GRC initiatives without the right data integration and data quality technology,” said Keith Jaslow, Informatica Principal Technical Consultant in Australia. “An effective enterprise GRC strategy hinges on effective enterprise data integration; without access to comprehensive, trusted and timely high-quality data, it is impossible to manage all the myriad aspects of governance, risk, and compliance in a holistic and strategic fashion.”

About Informatica Informatica Corporation (NASDAQ: INFA) is a leading provider of enterprise data integration software and services. With Informatica, organisations can gain greater business value by integrating all their information assets from across the enterprise. More than 3,200 companies worldwide rely on Informatica to reduce the cost and expedite the time to address data integration needs of varying complexity and scale. For more information, call +1 650 385 5000 (1 800 653 9871 in the U.S.), or visit www.informatica.com.

Comments

Post new comment

Login or register to link comments to your user profile, or you may also post a comment without being logged in.
The content of this field is kept private and will not be shown publicly.
Enter the fully qualified URL, eg. http://www.example.com/
  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd>
  • Lines and paragraphs break automatically.

More information about formatting options

Zones
Zone logoZones provide focussed content from Computerworld and leading technology partners.
Newsletter Subscription
Newsletter Subscription
Sign up for our Computerworld newsletters!
Syndicate content
 

Computerworld Webinar

Thursday, June 11th, 2009
10:30am EST (Sydney, Australia)
Screening at your PC

Computerworld is hosting a 30 minute live webinar to help you to learn how unified communications can save you money, foster innovation and business agility by making it easier for people to find, reach and collaborate with one another.

Register Now

Computerworld Community Comments
Whitepaper

The business justification for data security

In the information security world we face two major types of threats: "noisy" threats which directly interfere with our ability to do business and "quiet" threats which cause real damage, but don't necessarily prevent people from doing their jobs. Read on to discover how to combat both types of threats and to justify the use of data security within your business.

Enterprise IT Buyer's Guide
Find Technology Vendors Fast
 
Find vendors by name | Find by category
Sponsored Links
 
Send Us E-mail | Privacy Policy
Features List | Media Kit | Advertising | Contact Us

Copyright 2009 IDG Communications. ABN 14 001 592 650. All rights reserved.
Reproduction in whole or in part in any form or medium without express written permission of IDG Communications is prohibited.