Regulatory compliance for international businesses

November 19, 2020November 20, 2020
by Nicole Bailey

For companies based in Australia with offices in Asia and beyond or for organisations with plans to move or expand into new territories, understanding the local regulatory landscape and ensuring your organisation remains compliant in all areas, is optimal. Enable’s Integrated Risk and Compliance Practice, led by Andre van der Merwe, has been innovating again, this time with ServiceNow and LexisNexis, providing international regulatory content.

With the collaboration between Enable, Lexis Nexis and ServiceNow you will see this new innovation in action and how we can help you navigate your regulatory compliance journey, leveraging industry-leading international content from LexisNexis.

An invitation to attend the “International Content’ launch presentation

In Collaboration with Lexis Nexis and ServiceNow Enable will co-present an informative webinar on the newly released international content. LexisNexis AU provides easy access to comprehensive and affordable international legal information, including content from the countries including but not limited to China, Hong Kong, South Africa, Malaysia, Singapore and India.

As we settle into the new normal, we see many companies like yours eager to accelerate their regulatory compliance journey, no matter where their offices are based around the globe.

In collaboration with LexisNexis and ServiceNow, Enable will co-present an informative webinar on the newly released international content. LexisNexis AU provides easy access to comprehensive and affordable international legal information, including content from the countries including but not limited to China, Hong Kong, South Africa, Malaysia, Singapore and India.

This 1-hour webinar will demonstrate the power of the LexisNexis content in use of the ServiceNow Platform.

Tuesday 8th December

Time: 12pm AEDT

News

Overcoming International Compliance Challenges

November 19, 2020November 19, 2020
by Andre Merwe

What is LexisNexis Regulatory Compliance?

LexisNexis® Regulatory Compliance is a legal – obligations register and alerting solution that combines regulatory content with technology to empower you to take control of your compliance obligations.

Complex landscapes. Easy navigation

LexisNexis Regulatory Compliance provides a cost-effective solution to help you meet the demands of an increasingly complex regulatory environment. We offer a range of modules that cover the relevant areas of law not just in Australia but across multiple jurisdictions and industries, embedded with clear, practical, plain English interpretation of all your legal obligations.

Flexible technology options

– Our objective is to make your compliance journey fast and seamless which is why we provide you with flexible technology options.

– We can import our content into your existing GRC / ERM system via our API.

– We also work alongside a panel of carefully selected software partners where we can offer a complete package of content and software, designed to meet your existing and future needs.

LexisNexis experts complete the research. You focus on your business

The LexisNexis team use Australia’s leading legal and industry experts to interpret all the relevant regulatory materials, so you don’t have to. This saves you significant advisory costs and / or research time.

The experts the LexisNexis teamwork alongside can:

– Create obligations content in easy-to-navigate topics organised by business processes

– Provide guidance to help you ensure continuous compliance

– Provide updated obligation and attestation registers as regulatory changes take effect.

Complimentary Event: Overcoming International Compliance Challenges

The international legal landscape is everchanging and keeping track of these compliance obligations can be difficult. Within the context of international privacy and cybersecurity regulations, our speakers, Paul Thomason, Director of Strategy and Innovation at Enable PS and Kieran Seed, Senior Content Manager at LexisNexis, will cover the following topics:

– Highlight regulatory changes across international privacy and cybersecurity legislation

– Outline impacts on GDPR and other regulatory burdens

– Showcase how LexisNexis content covers these changes to legislation within their international content set

– Provide you with a live demonstration of how Enable PS can drive compliance using content on a real-time automation IRM platform

This 1-hour webinar will demonstrate the power of the LexisNexis content in use of the ServiceNow Platform.

News

Increasing exposure to cyber risks during COVID-19

October 15, 2020November 4, 2020
by Vikram Khatri

The alarming spread of COVID-19 worldwide has led to the fastest migration in the history of employees moving their work from formal office environments to home workspaces. While this has helped achieve goals of social distancing and curbing the spread of the pandemic, it has greatly increased the possibility of security and data breaches due to deficiencies in cybersecurity measures. IT departments have been given impossibly short deadlines to cater to the move to remote work, without the opportunity to prepare for this transition. The transition to remote work has been even more challenging in organisations where the IT infrastructure and security teams were operating in silos.

Threat actors have taken advantage of cybersecurity gaps caused by widespread remote work – caused by increased pressure on IT and Security teams, end-users not following security best practices as they perform work on their own devices and exposure of critical company information outside traditional office network boundaries. Phishing, data theft and ransomware attacks have increased in quantity and severity and threat actors have used the fear of the pandemic to design new ways of performing cyber-attacks.

The increasing number and types of cyber-attacks require an automated approach to assessing, triaging and remediating security issues.

The need for improving efficiency and productivity of IT and security teams, so that they could focus on adapting and executing on cybersecurity measures in this new environment, has never been greater. The increasing number and types of cyber-attacks require an automated approach to assessing, triaging and remediating security issues. Also important is to break the barriers between the security and IT teams to ensure that they operate as one cohesive unit to meet the business needs of the larger organisation while minimising exposure to cyber risks.

Are you interested in learning about a platform which could help you optimise your cybersecurity spending and efforts in these special circumstances? Sign up for a Free Business Value Assessment here.
ServiceNow® Security Operations helps organisations connect security and IT teams, respond faster and more efficiently to threats, and get a definitive view of their security posture. It connects the workflow and systems management capabilities of the Now Platform™ with security data from leading vendors to give your teams a single platform for a response that can be shared between security and IT. With orchestration, automation, and better visibility, teams can respond more efficiently, reducing business risk.

The solution provides interdependency views between infrastructure, applications and business services so that IT and Security teams can understand the overall business impact before taking remediation actions.

The less time in-house experts spend on administrative tasks, the more they can spend on creating and implementing comprehensive cybersecurity measures.

Written by –
GRC PRINCIPAL CONSULTANT
CONNECT ON LINKEDIN

News

Integrated risk management solution in one platform

April 13, 2020April 15, 2020
by Nicole Bailey

Enable Professional Services is partnering with LexisNexis, to offer an integrated risk management solution on one platform

Enable Professional Services is excited to have partnered with LexisNexis on integrated risk management (IRM) and governance risk and compliance (GRC) solution. For Enable’s IRM/GRC clients, this partnership will improve their workflow processes, increase efficiencies and enable improved productivity, so they can keep up with the pace of regulatory changes.

Enable CEO, Bruce Hara, said, “We’re delighted to work with the trusted global brand LexisNexis. Our partnership offers real business value to our shared customers, who will have better visibility and better processes for making decisions in a compliance heavy landscape”.

Specifically, the partnership means Enable’s IRM/GRC clients can easily access comprehensive regulatory content developed by LexisNexis, via an easy-to-use dashboard and workflow platform powered by ServiceNow.

As a result, IRM/GRC clients will have greater control of their compliance obligations and be able to streamline their compliance management. Not only will they be alerted to the latest regulatory obligations, but they will have the content (authored in plain language) and tools to manage, monitor and demonstrate their compliance.

LexisNexis is a leading global provider of legal, government and corporate information solutions, providing computer-assisted legal research as well as business research and risk management services.

Enable is an Australian owned Elite partner of ServiceNow, with the unique capability to onboard the rich regulatory compliance content from LexisNexis. Using this content, and ServiceNow’s suite of GRC and IRM products, Enable can automate a customer’s GRC processes, and manage work across IT and shared service functions such as HR, Finance, Legal and Facilities.

Enable’s Director of Strategy and Innovation, Paul Thomason said,

“By collaborating with ServiceNow and LexisNexis, we have developed some truly differentiated capability. Our customers are struggling to keep up with the rapid pace of regulatory changes. But the enhanced content from LexisNexis combined with ServiceNow’s capability fills out a solution stack. Along with IoT/SmartOps, it helps customers meet the challenge of continuous IRM”.

LexisNexis Executive Director of Emerging Markets & Corporate, Myfanwy Wallwork, commented, “LexisNexis is excited to welcome Enable Professional Services as a key strategic channel partner. As market demand for LexisNexis Regulatory Compliance grows, it is important that we partner with technology providers, like Enable PS, that provide customers with best-in-class IRM/GRC solutions”.

News

ServiceNow GRC and LexisNexis – Automate obligation and regulatory…

March 2, 2020April 6, 2020
by Nicole Bailey

Automate obligation and regulatory event management

The Problem Statement

Enterprises are swamped with the number of Legislative Instruments and associated Obligations that must be complied with. The ability to manage all Legislative Instruments and Obligations in a single consolidated process and system is a significant challenge in all enterprises, and all regulated Industries.

Compliance Teams must identify, assess and respond to multiple regulatory change events every month. This involves numerous stakeholders including but not limited to:

Compliance and Risk teams
Legal teams
Obligation owners
Control owners

Regulatory events may be a new obligation, a change to an existing obligation, or an indicator of a change, such as a consultation paper, or guidance note released by the regulator.

The number of regulatory events is increasing and so automation to accommodate the change management process is essential.

The current volume of Obligation changes is increasing year on year, for example, the number of Acts and Regulatory changes within Australia for 2017 are shown below:

The Answer

Use the Enable developed ServiceNow GRC and LexisNexis integration rapid seed, to fast track the creation, and management, of your Legal and Regulatory Obligation register.

Receive daily Regulatory Events directly from LexisNexis into ServiceNow GRC and manage the review and actions needed to stay up to date, and on top of Regulatory Events.

Manage LexisNexis Core and Industry-specific content directly in ServiceNow GRC:

Key Benefits of combining LexisNexis and ServiceNow

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