In today's highly regulated business environment, organizations must comply with multiple global regulatory mandates, including privacy, industry, and process regulations. Regardless of the scope of an organization's compliance environment, regulation similarities create overlapping management, documentation, control, and audit demands, which can overwhelm efforts to identify and manage compliance risk effectively and completely.

As regulatory pressures continue to mount, organizations that adopt a more practical, cross-regulatory approach to managing compliance will alleviate increasing costs and complexity while gaining valuable insight into the risks to key business processes that could affect corporate performance in the form of legal action, fines and penalties, or company brand/reputation.

This white paper introduces some key challenges of policy and compliance management and introduces the reader to the policy and compliance management technology solution offered by IBM.