Software streamlines audits and strengthens controls.(Approva Launches Industry's First Standards-Based Approach for Controls Automation & Monitoring)

Open Controls Framework(TM) (OCF) enables companies and their auditors to simplify designing and analyzing controls, report exceptions, and audit key application and operational controls. Utilizing Web services, XML, SOAP, and LDAP, it simplifies integration with other enterprise applications, identity management systems, and governance risk and compliance solutions. OCF defines common format for acquiring and normalizing data and standard format for creating, storing, and sharing rules.

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Open Controls Framework Enables Companies and Their Auditors to Reduce the Cost of Compliance, Streamline Audits and Strengthen Controls

RESTON, Va., May 1 / -- Approva[R] Corporation, the leader in enterprise controls management software, today announced the launch of the Open Controls Framework(TM) (OCF). With OCF, Approva has introduced the industry's first standards-based approach for companies and their auditors to simplify the way they design and analyze controls, report exceptions, and audit key application …