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Oracle Integrates Compliance Tool with COBIT 4.0

Oracle has announced that it would bundle the Control Objectives for Information and Related Technology (COBIT) 4.0 framework with Oracle Internal Controls Manager, a compliance management tool used to document, test and certify internal controls and monitor ongoing compliance, at no additional cost.

Oracle plans to provide customers with a single application that manages compliance control requirements for Information Technology. The packaged offering of Oracle Internal Controls Manager with COBIT, the IT governance public domain framework and the most widely adopted standard for IT controls and auditability under the Sarbanes-Oxley Act, extends Oracle's compliance offerings by delivering a comprehensive compliance management control set-up and IT administration framework.

The new bundled package provides a structure and presentation that is easy to understand and use across the organization. Information-technology managers can evaluate IT content needs for a Sarbanes-Oxley Section 404 audit. At the same time, enterprises are now equipped to communicate IT compliance requirements successfully across business and IT departments.

"Bundling COBIT 4.0 with Oracle Internal Controls Manager provides a structure for addressing general computer controls as required by regulations such as Sarbanes-Oxley, and fills gaps and adds clarity for the user. The addition of COBIT will ultimately enable a better managed IT processes department and help with enhanced compliance and visibility and risk management capabilities maintenance," said Kathleen Wilhide, Research Director, Compliance and BPM Solutions, at IDC.


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