GRC Solutions for Power & Energy

Ensure compliance with NERC and FERC while managing SCADA controls.

Power and energy companies have several directives impacting their business operations. Not only must the publicly traded companies comply with such regulations as Sarbanes Oxley, HIPAA, various state regulations, and PCI but they must also meet the Federal Energy Regulatory Commission's (FERC) and North American Electric Reliability Corporation (NERC) rules of procedure which can impact power and energy companies in many ways. Costs associated with meeting these requirements can be substantial and those companies that can reduce these costs and transition their risk and compliance effort into an operational process will be much more successful.

These regulations require controls at various points within the organization - from IT systems development and management to SCADA and process controls to physical and environmental security. These regulations are centered on the identification and definition of controls and the establishment of a solid security process within the organization. The challenge lies in meeting these NERC requirements in the context of the business and clearly articulating control infrastructures. An extensible framework to manage both control definition and regulatory requirements with compliance measurements and reporting is necessary for power and energy companies to efficiently and effectively ensure compliance.

GRC Challenges for Power and Energy Companies

• Multiple regulatory bodies and requirements
• High costs of defining controls for IT
• High costs of demonstrating compliance
• Budget impact to IT efforts for business
• Allocation of resources away from key business initiatives
• Difficulty with ongoing sustainability
• Companies with wide range of capabilities and resources have similar requirements

Archer Solutions

Archer Technologies delivers out-of-the-box, fully integrated solutions that allow your organization to implement a best-in-class enterprise governance, risk and compliance (GRC) program. Built on the flexible Archer SmartSuite Framework, these solutions empower you to implement consistent, efficient and sustainable processes for managing the lifecycle of corporate policies and objectives, analyzing and mitigating risks to your business, and demonstrating compliance. With Archer, you can automate, measure, validate and report at every step of your GRC initiatives, ultimately reducing costs and increasing transparency enterprise-wide.