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The Leading Source for Global News and Information from the evolving Grid ecosystem,
including Grid, SOA, Virtualization, Storage, Networking and Service-Oriented IT |
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July 3, 2006
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The Object Management Group (OMG), a software consortium responsible for establishing distributed computing specifications, and ORCA, the OMG Regulatory Compliance Alliance, has announced a strategic alliance with The Open Compliance & Ethics Group (OCEG), a non-profit organization with a mission to help organizations align their governance, risk and compliance (GRC) management activities to drive business performance and promote integrity.
ORCA is a working group of OMG Members who are committed to codifying, and promoting IT best practices for regulatory compliance, and developing resources for IT professionals dealing with regulatory compliance requirements. ORCA is currently developing C-GRID -- the Global Regulatory Information Database -- as an open repository of information on regulations, rules, frameworks and guidance documents from around the world. OCEG is developing complementary intellectual property focused on improving GRC by leveraging the experiences of its member enterprises.
"OCEG is a world leader in the development of frameworks that define best practices for governance, risk management and compliance. We are happy to work with OCEG to provide snapshots of this work to users of the C-GRID repository. The result is more exposure for OCEG, and better information for C-GRID users," said Adrian Bowles, program director of regulatory compliance at OMG.
"The combination of OCEG's expertise in matters of compliance and ethics with ORCA's promotion of IT best practices in compliance and the C-GRID project will be a powerful resource for compliance and risk managers," said Scott L. Mitchell, CEO of OCEG. "We look forward to working closely with ORCA to further our mutual goals of helping organizations navigate the myriad complexities of regulatory compliance."
For more information about ORCA, visit http://orca.omg.org. For more information about OCEG, visit www.oceg.org.