System and methods for integrated compliance monitoring
First Claim
1. An integrated compliance monitoring system comprising:
- a risk assessment module operable to facilitate the development of risk ratings based on responses to a plurality of compliance related questions;
at least one action tracking module; and
a common database operatively connected to the risk assessment module and the action tracking module, wherein the risk assessment module, the action tracking module, and the common database are together operative to track actions based on remediation plans associated with at least some of the responses to the plurality of compliance related questions.
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Accused Products
Abstract
System and methods for integrated compliance monitoring. Various application modules work together to accomplish risk assessment and compliance monitoring. A risk assessment module facilitates the development of risk ratings based on responses to a plurality of compliance-related questions. The system can also include an action tracking module, and can further include a training module and a self-assessment module to determine individual compliance gaps. A common database is operatively connected to the modules to monitor the completion of assessments and to track actions based on remediation plans. In some embodiments, the invention is implemented via a computing platform or a collection of computing platforms interconnected by a network, such as a corporate intranet, in which case a web browser can facilitate use of the invention.
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Citations
37 Claims
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1. An integrated compliance monitoring system comprising:
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a risk assessment module operable to facilitate the development of risk ratings based on responses to a plurality of compliance related questions;
at least one action tracking module; and
a common database operatively connected to the risk assessment module and the action tracking module, wherein the risk assessment module, the action tracking module, and the common database are together operative to track actions based on remediation plans associated with at least some of the responses to the plurality of compliance related questions. - View Dependent Claims (2, 3)
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4. A method of monitoring compliance for an organization, the method comprising the steps of:
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collecting a plurality of responses to a plurality of compliance-related questions;
establishing a risk rating for each of the at least some of the plurality of compliance-related questions based at least in part on a response to each question from among the plurality of responses, the risk rating expressing a compliance risk associated with each of the at least some of the plurality of compliance-related questions; and
producing an assessment including at least some of the plurality of responses and the risk rating for each of the at least some of the plurality of compliance-related questions. - View Dependent Claims (5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15)
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16. A computer program product comprising a computer program for facilitating compliance monitoring, the computer program further comprising:
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instructions for collecting responses to a plurality of compliance-related questions;
instructions for establishing risk ratings comprising at least a risk rating for each of at least some of the plurality of compliance-related questions based on the responses, the risk rating expressing a compliance risk associated with each of the at least some of the plurality of compliance-related questions; and
instructions for producing an assessment including at least some of the responses and at least some of the risk ratings. - View Dependent Claims (17, 18, 19, 20, 21)
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22. Apparatus for facilitating compliance monitoring, the apparatus comprising:
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means for collecting responses to a plurality of compliance-related questions;
means for establishing risk ratings comprising at least a risk rating for each of at least some of the plurality of compliance-related questions based on the responses, the risk rating expressing a compliance risk associated with each of the at least some of the plurality of compliance-related questions; and
means for producing an assessment including at least some of the responses and at least some of the risk ratings. - View Dependent Claims (23, 24, 25, 26, 27)
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28. A system comprising:
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a computing platform further comprising at least one application module for facilitating compliance monitoring, wherein the at least one application module comprises at least a risk assessment module, the risk assessment module operable to produce an assessment by collecting responses to a plurality of compliance-related questions, determining risk ratings, and producing the assessment including at least some of the responses and at least some of the risk ratings; and
a database operatively connected to the at least one application module for storing and retrieving data produced by the at least one application module for facilitating review, approval and action tracking related to the assessment. - View Dependent Claims (29, 30, 31, 32, 33, 34, 35, 36, 37)
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Specification