The first public-policy legislation signed into law by President was a rollback of the Dodd-Frank Act, repealing the Securities and Exchange rule requiring oil, gas and mining companies to disclose their foreign payments. (Wall Street Journal, February 15, 2017)
The United States is ranked 20th in the world for fraud prevention efforts, suffering a 10-point fall in the last two years. Though anti-fraud technologies are developed in the United States, it is now lagging other countries in both public and private sector fraud detection, according to Dan Zitting, Chief Product Officer and anti-fraud expert with ACL and former auditor with Ernst & Young. (GRC & Fraud Software Journal, January 30, 2017)
GRC 20/20 evaluated ACL on its GRC offering and that it’s suited for organizations seeking an integrated risk, audit, compliance, and analytics management platform to manage GRC personnel, processes, tasks, and analytics in a cohesive and integrated system.
In this report on technologies that companies can use to enhance their abilities to better govern and control business processes to achieve desired business outcomes, ACL Services is mentioned as a sample vendor under two categories: Transaction Controls Monitoring (pg. 16) and Enterprise GRC platforms (pg. 83).