Robert Kugel's Analyst Perspectives

IBM Displays Software for GRC at Vision 2012

Posted by Robert Kugel on May 22, 2012 12:22:27 PM

I recently attended Vision 2012, IBM’s conference for users of its financial governance, risk management and performance optimization software. I reviewed the finance portion of the program in a previous blog. I’ve been commenting on governance, risk and compliance (GRC) for several years, often with the caveat that GRC is a catch-all term invented by industry analysts initially to cover a broad set of individual software applications. Each of these was designed to address specific requirements across a spectrum of users in operations, IT and Finance within a company, often to meet the needs for a specific industry such as financial services or pharmaceuticals. Vision 2012 covered a lot of ground under the GRC heading, confirming the breadth of both this software category and IBM’s offerings in it. I want to focus on two areas: automation of IT governance activities and effective management of GRC-related data.

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Topics: Governance, GRC, Operational Performance Management (OPM), Access Controls, identity controls, OpenPages, process controls, Business Collaboration, IBM, Business Performance Management (BPM), compliance, Financial Performance Management (FPM), risk management, controls, IT controls