According to a recent Gartner report*: “The global economic downturn is widely blamed on poor corporate governance, regulatory oversight and risk management. This perception, whether accurate or not, will likely drive intensified demand for more comprehensive and timely regulatory supervision and reporting, as well as technologies to ensure effective risk management and compliance.”

The report found that: “Governance, risk management and compliance remain poorly understood; however, an integrated approach to these disciplines is increasingly recognised as a critical undertaking for enterprise IT leaders.”