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Contact:
Stephanie Covert
Object Management Group
+1-843-225-8419
pr@omg.org
Call for Participation: OMG Regulatory Compliance
Alliance (ORCA™)
Developing Open Global Regulatory Information Database (GRID)
Open database project to provide comprehensive
compliance reference guide to global IT managers
Needham, MA, USA - January 30, 2006 - The Object Management Group™
(OMG™) and the OMG Regulatory Compliance Alliance (ORCA™) today issued
a call for participation for a unique open database project focused on
global regulations called the Global Regulatory Information Database
(Compliance GRID™). OMG and ORCA invite any person or organization with
knowledge of a compliance rule/regulation to submit their information for
inclusion in the database. Contributors should fill out the form available
at: http://orca.omg.org/pr.
The Compliance GRID is an open project, managed by the OMG, which will
consist of contributed IP and cover more than 20 different data points for
each regulation. A team of regulatory compliance experts will vet all
submissions. Contributors will be acknowledged in the Compliance GRID and
will be invited to attend a networking dinner reception during OMG's
Technical Meeting in June 2006 to be held in Boston, Mass.
The Compliance GRID is being developed to help compliance officers, IT
managers and others involved in regulatory compliance to identify the
relevant laws for their geographic operating markets - and to deal with
inconsistencies and conflicts. Once the database is populated, any
individual or company will be able search the Compliance GRID
free-of-charge after registering.
"We will be developing the Compliance GRID in much the same
fashion as the venerable Oxford English Dictionary, which continues to
gather definitions and usage of words from a global team of
volunteers," said Adrian Bowles, Program Director, Regulatory
Compliance at OMG. "For firms with significant IT compliance
requirements, collaborating with peer organizations via ORCA to develop a
world class resource is far less expensive and time consuming than
attempting to monitor and manage this information alone. The Compliance
GRID project will benefit all companies facing regulatory compliance
issues."
In addition to seeking submissions of compliance rules/regulations,
ORCA is also seeking contributions to the profiles it is developing on the
regulatory climate in its initial country targets. More information on the
individual country regulatory climate profiles can be found at: http://orca.omg.org/grid/profiles.htm.
Compliance GRID Features
ORCA's Global Regulatory Information Database (GRID) is being developed
as an open database of rules, regulations, standards, and government
guidance documents that require IT action, and a survey of the regulatory
climate around the world. The goal of this project is to provide the de
facto compliance reference guide for global IT managers. The Compliance
GRID will be searchable by vertical market and geography, so a user will
be able to determine which rules apply to their firm based on those
attributes.
For more information on the OMG Regulatory Compliance Alliance or the
ORCA Compliance GRID, please contact Nicole Rikkinen at nicole@omg.org.
For information about joining OMG, please visit www.omg.org
or contact OMG's Director of Business Development, Ken Berk at +1-781-444
0404 or kenberk@omg.org.
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About The OMG
With well-established standards covering software from design and
development, through deployment and maintenance, and extending to
evolution to future platforms, the Object Management Group (OMG) supports
a full-lifecycle approach to enterprise integration which maximizes ROI,
the key to successful IT. OMG's Modeling standards, the basis for the
MDA®, include the Unified Modeling Language™ (UML®) and Common
Warehouse Metamodel (CWM™). CORBA®, the Common Object Request Broker
Architecture, is OMG's standard open platform with hundreds of millions of
deployments running today. Headquartered in Needham, MA, USA, the Object
Management Group is an international, open membership, not-for-profit
computer industry specifications consortium. More information about OMG
can be found at www.omg.org.
Note to editors: MDA, Model Driven Architecture, OMG
Logo, UML and CORBA are registered trademarks, and OMG, Object Management
Group, MOF, MDA Logos, Unified Modeling Language and UML logo are
trademarks, of Object Management Group. All other trademarks are the
property of their respective owners.
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