Compliance 360, provider of governance, risk and compliance management software for companies in regulated industries announced today that it has partnered with LexisNexis to form the industry's first offering of superior legal, regulatory, company and news content integrated with a compliance management solution.
Utilizing Compliance 360's content acquisition engine, users have the ability to seamlessly link updated content from LexisNexis with other corporate compliance data for more effective change management.
Compliance 360 customers are able to access the latest updates to rules and regulations, public records and other actionable content through LexisNexis and automatically workflow-enable that information into their legal departments or other compliance-related business areas. Utilizing the solution, managers can better respond to external regulatory events, stay abreast of newly proposed or enacted laws and regulations applicable to their businesses and more effectively manage the impact changing laws and regulations have on corporate compliance programs.
"Every business is governed by thousands of rules and regulations that are changing constantly and every one of those changes has the ability to negatively impact the corporate compliance program. Not only do managers have to stay on top of all the data, they also have to take action to keep changes from creating noncompliance," says Steve McGraw, Compliance 360 chief executive officer. "Having the ability to track those changes through LexisNexis and then easily integrate updates into their enterprise governance, risk and compliance management solution for immediate action can improve compliance and reduce risk of fines and other liabilities."
"We are excited about working closely with Compliance 360," said Clemens Ceipek, senior vice president of LexisNexis. "This alliance provides our customers with an opportunity to access our market leading online research content directly from inside Compliance 360's innovative compliance application."