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	<title>Overheard in the tech blogosphere &#187; ERM</title>
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		<title>Overheard: Governance, risk and compliance in a single $400,000 package</title>
		<link>http://itknowledgeexchange.techtarget.com/overheard/overheard-governance-risk-and-compliance-in-a-single-400000-package/</link>
		<comments>http://itknowledgeexchange.techtarget.com/overheard/overheard-governance-risk-and-compliance-in-a-single-400000-package/#comments</comments>
		<pubDate>Mon, 28 Jan 2008 13:43:21 +0000</pubDate>
		<dc:creator>Margaret Rouse</dc:creator>
				<category><![CDATA[Compliance]]></category>
		<category><![CDATA[ERM]]></category>
		<category><![CDATA[IT Governance]]></category>
		<category><![CDATA[Technology]]></category>

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		<description><![CDATA[That integration wasn&#8217;t quite there when we first implemented the software. We were going on faith regarding the vendor&#8217;s promises. John Wheeler, SunTrust Banks Inc. This quote came from an article in CFO magazine by John Goff called The Emergence of Convergence.  It&#8217;s a very well-written analysis of an emerging software genre called GRC (governance, [...]]]></description>
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<td>That integration wasn&#8217;t quite there when we first implemented the software. We were going on faith regarding the vendor&#8217;s promises.</p>
<p>John Wheeler, SunTrust Banks Inc.</p>
<p><a href="http://www.businessweek.com/globalbiz/content/jan2008/gb20080111_084224.htm?chan=top+news_top+news+index_global+business"></a></td>
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<p>This quote came from an article in CFO magazine by John Goff called <a href="http://www.cfo.com/article.cfm/10345544?f=msdynamics">The Emergence of Convergence</a>.  It&#8217;s a very well-written analysis of an emerging software genre called GRC (governance, risk and compliance managed with one application.)  I really recommend you make time to read it.</p>
<p>My other favorite quote from this article: &#8220;Application vendors, <strong>who cling to marketing hooks the way cats cling to curtains</strong>, have been only too happy to cater to this desire [to converge software].</p>
<p>When I first read the quote from John Wheeler about &#8220;going on faith regarding the vendor&#8217;s promises,&#8221; I thought &#8220;uh oh.&#8221; But the vendor, <a href="http://www.openpages.com/">OpenPages</a>, came through. That&#8217;s reason enough to read the article.  </p>
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