Revolutionizing Compliance: HCL iControl and Surety OEM Partnership

Regulatory compliance remains the most challenging and intricate issue for organizations to address today. Most organizations are weighed down by outdated, uncoordinated tools and manual processes that make it challenging to stay up-to-date with constantly changing regulations and ensure operational resilience. Not to mention the many hours spent proving to the auditors or regulators that they’ve met the controls.

This newly introduced OEM partnership between HCL iControl and Surety strives to address these issues by aligning AI-based compliance intelligence with observability across an end-to-end business process flow. See how this partnership is redefining the standard for compliance management.

Major Compliance Issues Organizations Are Facing

Fragmented Tools and Manual Procedures

Most organizations employ a variety of separate, unconnected compliance tools, reporting software, and manual collection systems that do not integrate. This creates inefficiency, duplicated effort, and varied reporting. Evidence collection and control testing by hand are valuable, but they waste time, are costly, and raise the risk of mistakes.

Insufficient Real-time Visibility Across IT and Business Processes

Without consolidated perspectives, compliance teams work in isolation. They do not understand how IT systems, business processes, and compliance controls integrate. This narrow visibility complicates the early identification of risks or reacting promptly to regulatory updates.

Rapidly-changing Regulations

Regulatory mandates are constantly changing and vary by region. Maintaining controls in sync with these updates is a continuous challenge, particularly for large organizations with extensive market presence.

How This Partnership Solves These Problems

Unified AI-powered Compliance and Business Flow Intelligence

Surety's platform leverages AI and converts burdensome regulations into actionable obligations and compliance controls. It automatically analyzes changes in compliance and allows you to evidence and report results, minimizing manual effort and increasing accuracy. Our business observability platform, HCL iControl, augments this by connecting the compliance controls within a business flow to provide calculated observations for evidence, and giving a comprehensive view of the compliance posture in real-time.

Proactive Risk Detection and Control Monitoring

These solutions together enable continuous supervision of controls and regulatory processes that operate 24/7. Identify compliance vulnerabilities and operational irregularities before they occur and provide your team with actionable insights. This impacts business outcomes, enabling a quicker response.

Scalable and Rapid OEM Integration

The solution is architected for simple, scalable deployment within complex enterprise environments. Organizations can expedite their compliance programs, integrate with existing infrastructure, and quickly adjust to new regulatory mandates.

Benefits to Organizations

End-to-end observability: Integrate IT and business controls with a business flow.

Less manual work: Use AI and automation to provide evidence collection, control testing, and audit-ready reporting.

Enhanced compliance resilience: Be proactive in responding to changes in regulations through continuous and adaptive monitoring.

Operational alignment: Link compliance to daily tasks so that IT, risk, and business teams can collaborate effectively, ensuring controls are not breached.

Lower risk and cost: Recognize and solve compliance problems in the early stages, cutting down on fines and reducing business disruptions.

Intelligence-driven, Integrated Compliance

Our HCL iControl + Surety OEM partnership provides a revolutionary solution to compliance management. Combining AI-driven compliance insight with business process flow observability, businesses can see end-to-end where and what is affected and get ahead of the problem. Organizations implementing our solution set will experience increased agility, enhanced risk management, and the assurance of operating in complex regulatory landscapes without compromising on business objectives.

Check out our official announcement here.