Clause 49

Solution & Benefits Lifecycle Related Regulations

Clause 49 Compliance Lifecycle

The Clause 49 compliance lifecycle includes the following steps, all automatically enacted by the ProcessGene™ GRC Software Suite:

Lifecycle step Clause 49 activity
Clause 49 context establishment
  1. Definition of Clause 49 compliance related business processes
  2. Delineation of process diagrams (optional)
  3. Definition of assets within the Clause 49 scope
  4. Standardization and documentation of Clause 49 regulations, policies and procedures
Risk identification
  1. Risk description, identification of risk stakeholders
  2. Risk classification and determination of heat-maps
  3. Risk assessment and measurement
  4. Determination of Key Risk Indicators (KRIs)
  5. Risk tolerance determination
Control determination
  1. Definition of controls to mitigate identified Clause 49 risks
  2. Assignment of Clause 49 control owners
  3. Scheduling and monitoring Clause 49 control execution
  4. Assessment of residual risk levels
Requirement management
  1. Requirement definition
  2. Automated requirement workflow management
  3. Requirement fulfillment monitoring
Clause 49 audit and remediation
  1. Definition and scheduling of Clause 49 audit plans
  2. Definition of mechanisms for testing ongoing Clause 49 compliance
  3. Collection, analysis and storage of Clause 49 audit results
  4. Remediation plan definition, execution and follow-up
Clause 49 related incident management
  1. Incident recording
  2. Clause 49 related incident handling (using scheduled workflows)
  3. Clause 49 related incident analysis and reporting
  4. Incident monitoring and follow-up
Clause 49 certification
  1. Hierarchal Clause 49 certification process determination
  2. Establishment of an automated Clause 49 certification process
  3. Monitoring and reporting Clause 49 certification status
  4. Archiving Clause 49 certification history
Multi-Org management
  1. Determination of a global Clause 49 compliance baseline with mandatory components
  2. Establishing a workflow for examining local (subsidiary) variants
  3. Enforcement of enterprise guidelines, regulations and frameworks within subsidiaries
  4. Control Clause 49 compliance level both locally (per subsidiary) and globally from a central HQ cockpit

The ProcessGene™ Clause 49 Software Users

The ProcessGene™ Clause 49 compliance software provides value to the following users:
  1. C-level management (CEO, CFO, CIO, CRO, COO)
  2. Board of directors
  3. Compliance officers
  4. Internal auditors
  5. Clause 49 compliance managers



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