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Why regulatory compliance remains important?

Regulatory compliance is one of the top business drivers and a cause for concern for most enterprises today. With data reporting, security and privacy gaining importance, companies world-over are under increasingly complex requirements for regulatory compliance. The intent of these multiple regulations and industry standards is to ensure the security, availability and integrity of business information. Companies that don’t comply with these regulations risk legal action as well as fines and restrictions.

Organizations are therefore turning to IT to establish and sustain compliance with changing regulations, reduce the cost of being compliant and minimize the risk of non-compliance. Here are some examples of how our clients have benefitted from leveraging IT to comply with regulatory requirements cost-effectively:

Insurance

WorkSafe Victoria improves claims efficiency and compliance with corporate and state-specific regulations.

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Read the case study.

Government

Swiss Federal Customs Administration provides a good overview of the rules in all stages of development, contributing to quality assurance.

Read the case study.

New York State Department of Tax and Finance saves $889 million by optimizing audit case selection.

Read the case study.

Latin America Tax Agency increases tax collection and reduces costs with IBM Operational Decision Management (ODM)

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IBM Client Sucess Stories. Testimonial e-book: A Proven Roadmap to Business Agility by Industry.

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