Global markets have brought in many threat factors that may hamper the working of an organization. An integrated approach to governance, risk and compliance issues is necessary to provide a holistic solution to business threats. Processes for identifying, classifying and securing control documents are vital to this kind of approach.

Control management and risk management are the main processes that are addressed here. To accommodate the number of regulations that are being imposed, it becomes mandatory to look into compliance as an integral process rather than only a part of control management. The easiest and fastest way to implement all this is through software solutions that will also be able to provide file reporting systems that will generate status on risk and compliance data. GRC requires continuous monitoring which is possible only with automated electronic discovery solutions.