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The search for a comprehensive technology solution that reduces governance and compliance burdens and transforms those tasks into business value has, at times, been likened to the search for the Holy Grail. But that effort may have taken a giant step forward with the release by San Jose, Calif.-based Movaris Inc. of Movaris Unity, an expansion of its OneClose suite that integrates a governance, risk and compliance (GRC) module with its financial close software. The new solution can be applied to a wide range of GRC standards beyond Sarbanes-Oxley, such as the Health Insurance Portability and Accountability Act (HIPAA) and the Federal Energy Regulatory Commission (FERC) compliance. “In our world, a control is a control is a control–whether you are dealing with a SOX control, a control for HIPAA, a control for FERC certification or a control for your revenue,” says Joe Nicholson, Movaris’ vice president of marketing.

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