Compliance Management Services
The globalisation of value chains, which divides production processes up among different countries, is an important aspect of globalisation. Service interactions increasingly imply the use of global resources, and enhancing global sourcing and regulatory compliance. Business processes form the foundation for all organizations, and as such, are impacted by industry regulations. Without explicit business process definitions, flexible rules frameworks, and audit trails that provide for non-repudiation, organizations face litigation risks. This requires organizations to review their business processes and ensure that they meet the compliance standards set forth in legislation.
We plan to addresses a major shortcoming in today's approach to design of Service Oriented Enterprise Architectures: throughout the architecture various compliance concerns must be considered, but so far, conventional approaches do not provide any clear business and technological strategy or concept of how to realize, enforce, or validate business rules and compliance regulations.
Global / English