FixNix Blog

The seven deadly sins that lead to an Oracle audit

Dec 5, 2014 3:32:29 AM / by Shanmugavel Sankaran posted in fixnix, FixNix GRC, Governance, incident management, Risk Management, asset management, audit management, Blog, compliance, oracle, policy management, risk

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Oracle is notorious for its confusing licensing policy. Robert Sheldon presents seven behaviors that can lead to an Oracle audit and costly audit fees.

Oracle's licensing policies are notoriously vague and confusing. One misstep and you can end up owing thousands of dollars in audit fees. Yet Oracle software, with its dazzling array of management packs and pre-installed options, is easy to misuse; so easy in fact that you could find yourself out of compliance and sailing the piracy high seas before you can say "Black Bart."

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Global Governance, Risk, and Compliance (GRC) Platform Market 2014-2018

Oct 15, 2014 1:00:42 AM / by Shanmugavel Sankaran posted in fixnix, Governance, grc, IBM, Jade Software, MEGA International, MetricStream, Risk Management, SAI Global, SAP, SAS Institute, software, Sword Group, Thomson Reuters, Wolters Kluwer Financial Services, asset management, audit management, BCM, Blog, CMO Global, compliance, Cura Technologies, EMC, Enablon, NASDAQ OMX Group, oracle, Provititi, Resolver, risk

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Governance, risk, and compliance (GRC) is an umbrella term used to cover the approach of an organization toward these three areas. Governance can be defined as the boundaries within which the business should operate. It focuses on providing definitions for the organization's code of conduct to ensure compliance. Risk management consists of developing strategies for tackling the risks to which organizations are exposed. Its framework involves identification, assessment, evaluation, and potential solutions for risks. Compliance focuses on adhering to external requirements such as wider corporate policies, laws, and regulations. The GRC solution enables organizations to reinvent themselves, develop a more economical cost structure, and increase overall efficiency.

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The global enterprise governance, risk and compliance market is worth $9,930.0 million by 2018

Sep 7, 2014 2:26:26 AM / by Shanmugavel Sankaran posted in fixnix, Global GRC, Governance, GRC industry, IBM, SAP, smb, smbgrc, study, Asia-Pacific Enterprise Governance, Blog, compliance, Enterprise Governance, Europe Enterprise Governance, oracle, risk

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The global enterprise governance, Risk and Compliance (GRC) market is expected to grow from $5.81 billion in 2014 to $11.50 billion by 2019, at a CAGR of 14.6% for the period 2014 to 2019.

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IBM bags Industrial Commercial Bank of China's mainframe deal

Aug 27, 2014 11:51:22 PM / by Shanmugavel Sankaran posted in IBM, mainframe, Blog, china, cloud computing, commercial bank, oracle

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BEIJING: Industrial and Commercial Bank of China (ICBC) has deployed a new IBM mainframe computer system, the two companies said on Tuesday, boosting the US technology giant's credentials in the country.

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