Architecture of Comply49®
The design of Comply49® is based on Client/Server Architecture.
The client/server characteristic describes the relationship of cooperating programs in an
application. The server component provides a function or service to one or many clients.
The client/server model is a computing model that acts as a distributed application which partitions tasks or workloads between the providers of a resource or service, called servers, and service requesters, called clients. Often clients and servers communicate over a computer network on separate hardware, but both client and server may reside in the same system. A server machine is a host that is running one or more server programs which share their resources with clients. A client does not share any of its resources, but requests a server's content or service function. Clients therefore initiate communication sessions with servers which await incoming requests.
Schematic clients-server interaction
A client/server network involves multiple clients connecting to a single, central server. The file server on a client/server network must have robust hardware configurations to handle large volumes of client service requests. Hence servers usually are high speed computers with large hard disk capacity.
Implementation of Legal Compliance Management system ensures compliance of all the laws and regulations, which results in high level of compliance across the organization. This would result in good governance with a proactive approach and a sense of accountability within the organization.
Also with the implementation of Legal Compliance Management system organizations will have better risk management system, which identifies all the compliances well in advance and make sure that nothing is missed out with regard to any compliance required under applicable law in force. It ensures that the company has not made any non-compliance with regards to the requirements laid down in the corporate governance report. This results in increased public disclosure and transparency in the affairs of the Company.
Legal and Regulatory Compliance Management Software Systems
Compliance Infotech's Legal and Regulatory Compliance Software Systems Comply49® help in Maintaining and Improving Operational Efficiency to Ensure Compliance of all applicable laws as per requirement of Sec.134(5)(f) of the new Complanies Act,2013 raed with revised Clause 49 of SEBI Guidelines and to avoid fines, penalties, prosecution (Criminal & Civil), de-listing, show cause, strictures and imprisonment.
Attaining and sustaining regulatory compliance in today's competitive life can be a challenge. Many companies have found the regulatory compliance solution from Compliance Infotech's regulatory compliance software Comply49®. For more than 50 years our knowledge partner M.K. Ghosh & Company's industry specific research and experience has led to the development of a world class software product Comply49® to cater to the growing regulatory compliance related issues of the organizations of all types and sizes .
Compliance Infotech's complete regulatory compliance software Comply49® efficiently provides automated, streamlined, and managed document and quality control to help companies attain and sustain regulatory compliance year after year.
Compliance Management Software Solutions
Most compliance initiatives start as projects to meet compliance deadlines for a specific regulation. However, compliance is not a one-time event.Organizations are thus redesigning their compliance programs to make them repeatable, sustainable, and cost-effective.
Traditionally, homegrown systems, stand-alone applications, or even manual paper-based systems have been used to manage various compliance processes at the departmental level. But as various compliance initiatives become more intertwined from a regulatory and organizational perspective, multiple and disparate systems lead to duplicate, and often contradictory processes and documentation. Such environments do not provide clear visibility into organizations' risk and compliance profiles. They also bring down efficiency, and escalate the risk of non-compliance.
Benefits of the Compliance Management Solution
• Enables consistent compliance and control management across the enterprise, eliminating any deviations and errors as well as redundant activities
• Automates information flows, assessments and testing, and remediation assignments, thus reducing overall compliance costs
• Streamlines control management, enabling process owners to take direct responsibility for managing controls while allowing auditors to focus on key compliance risks and project oversight
• Provides compliance dashboards and risk heat maps which offer enterprise-wide visibility into compliance management systems, and highlight issues that need to be addressed
• Integrates document management with change control capabilities which keep compliance documentation and business processes in sync
Salient Features of Comply49®
Web based Legal Compliance Management System with online real-time data and regular updates.
• Integration of all units with the System
• Compliance Mapper
• Compliance Calendar
• Reminders by way of Pop-Ups
• Status update
• Audit Trail
• Generation of e-reports:
1. Regular reports
2. Exception report
with references to all the required Acts/Rules/Regulations/Guidelines, Forms and Checklists.
Contact Compliance Infotech Today for Regulatory Compliance Management Software Comply49®
Learn more about how Compliance Infotech's regulatory compliance management software solutions Comply49® help many companies sustain regulatory compliance. Contact Compliance Infotech online or call at +91 90070 70240.