Governance, Risk, Compliance & Privacy

Proactively assess and address enterprise risk, data governance, regulatory compliance and privacy.

Members of Acxiom’s consulting team average more than 12 years’ experience in helping companies address enterprise risk and privacy issues, specializing in consumer information risk and privacy challenges. Working with our team will help companies:

• Build confidence, security and trust in their brands
• Comply with current and future laws and regulations
• Avoid the potential impact of substantial fines and settlements

Acxiom’s governance, risk, compliance and privacy consultants evaluate clients’ customer information management processes and controls and compares them to leading practices required for regulatory compliance and minimizing privacy risk. Our goal is to help facilitate a proactive approach in reducing: – Fraud and identity issues – Collections – Potential for data breaches – Gaps in privacy compliance

These capabilities are evaluated:

• Enterprise Risk Management – the views, processes and procedures related to risk that can be measured and managed.
• Data Asset Management – the use of data as a strategic asset and better understanding its value. It includes a company’s ability to plan and execute a disaster recovery plan for its data assets.
• Business Process Alignment – the ability to manage the business processes involving consumer information and how well they meet regulatory compliance. How well do they measure against the business value they drive?
• Identity Management and Consumer Preference – knowing one’s customers and their contact preferences. It includes knowing the accuracy of customer data and whether inaccuracies are caused by inherent, inadvertent or intentional variances.
• Privacy and Security – a company’s use of management processes, organizational structure and applied technologies to ensure the appropriate use, security and management of consumers’ personal information.
• Project Quality Assurance – how well a company establishes and maintains discipline, standards and procedures to mitigate implementation risk in large information technology projects.
• Risk Analytics – how a company uses advanced analytics to locate debtors.
• Identity Management and Fraud – a company’s ability to use real-time identity verification to reduce fraud losses.

Learn more about Acxiom’s Risk Mitigation solutions.

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