Compliance Is Key to Safe Storage of Information
Byline: Brendan J Austin
COMPLIANCE has become the key to managing and storing information. Looking at the UK and international business markets we see governing bodies around the world driving legislation which enables them to audit companies to ensure information is available and original.
Governing bodies which are high on the list include: Financial Services Authority (FSA), US Security Commissions (SEC), Sarbanes-Oxley, Basel II, The Data Protection Act and BSI (ISO) 5000:2002, 7799.
In any organisation there are three principal areas which need to interact effectively to ensure business success. They are people, processes and technology. This has never been truer than in the area of data compliance. Ever increasing regulation requires people to understand how best to satisfy customers at the same time complying with external rules and laws. It also requires efficient use of process to ensure compliance and effective use of technology to manage the data in a compliant way.
Access Intelligence plc is one organisation which has years of experience in these areas. From its provision of compliant electronic tendering systems supplied to the public sector by its subsidiary Due North, based in Stannington, or via its VirtualCompliance Officer software for the finance sector. Both are underpinned by its data management division which caters for all aspects of storage, security, retrieval and archiving of data.
Public authority procurement teams need to demonstrate value for money and high visibility of the process they use when spending public money.
This is why Due North's software assists in ensuring that timescales are kept to, money is saved and there is a clear audit trail. …