A new study finds that many companies are still using unsecure and inefficient entity management processes, leaving them vulnerable to compliance risk.

Entity management is the end-to-end organization and oversight of an entity’s and its subsidiaries’ most vital and sensitive corporate records—information and documents that are maintained, tracked, and viewed in a secure and centralized system of record to create a single source of truth across business units. Done right, entity management is the backbone of robust governance management.

Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...