Information and Technology Governance

Making the most of your information and technology resources

At PreterLex we believe that simple and uncomplicated is better and this is where good, effective governance can help

Often we find that organisations share 2 types of problems - applying common sense and utilising their technology and information resources and assets to their best potential. Without proper governance it is likely that you will have underperforming processes and resources which can lead to increased risk. This risk is increased though not meeting your compliance obligations, greater dependency on changing technology and partner risks such as outsourcing. Without governance these can expose your organisation to:

• Reduced service levels
• Reputational damage
• Increased customer churn rates
• Civil litigation
• Criminal prosecution

 

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What we do

PreterLex's Information and Technology Governance approach identifies the key areas of compliance, policy management, organisation and disclosure that protect the organisation's technology and information assets. We achieve this through:

• Strategic review of existing governance processes
• Identifying and assessing your organisation's technology risk profile
• Alignment with audit and risk management requirements
• Identifying and aligning your organisation's technology and information governance requirements with
• • Industry, technology, security and relevant standards
  • Regulation, legislation, privacy and relevant compliance obligations
• Integrating approved product, services and technology sets with other areas of the business such as finance, procurement and training
• Mapping internal standards and policies to external industry frameworks
• Processes to ensure continuing compliance with the relevant regulations, standards and architectures
• Continuous assessment of change

Our Governance Capability Lifecycle helps us understand your organisation and provides a proven basis for establishing or refining governance activities and resources. We use this not only for information and technology governance but for other forms of governance as well.

Preterlex has formalised a comprehensive approach to establishing and delivering all aspects of governance through our Governance Delivery Method

 

Our Information and Technology Governance Capability

PreterLex ensures that technology governance promotes the use of procedures that encourage control, visibility and effective management of information technology and related areas to meet internal and external obligations.

Our approach is flexible and encourages the introduction of governance as a guiding capability that is content-friendly and can be adopted across the organisation as required through:

• Assessment - understanding your organisation's technology governance and what processes are in place
• Implementation - defining and implementing the necessary process improvements
• Automation - implementing tools to automate the measurement and control of all processes through workflow 
• Standards and frameworks adherence

 

Standards and Frameworks Implementation and Adherence

PreterLex is involved in the development of COBIT5^® and TOGAF^® and can bring a deep insight and experience of implementation of these across many industry sectors.

We will work with your organisation to establish the correct response and adherence to (amongst others) COBIT^®, TOGAF^®, ISO2700x, ISO3100x, ISO38500, PCI DSS, SoX, ASX and of course common sense. 

 

Knowledge Share

The meaning of ingormation and technology governance - the practice by which organisations are managed and controlled by:

• Ensuring a dynamic balance of power within the organisation
• Monitoring a range of risk categories and supporting management of these within agreed parameters
• Ensuring compliance with legal, regulatory  and social obligations
• Implementing practices to ensure accountability to a clearly identified stakeholder community - both inside and outside the organisation

A clearly defined approach, series of processes, cultural orientation and set of owned responsibilities that ensures the integrity and effectiveness of the organisation's systems. Strong governance is particularly important when an organisation is focused on:

Managing risks and constraints such as budget, market, product, service, legal, political issues etc.

• Meeting regulatory requirements
• Outsourcing - before, during and after
• Lawsuit activity
• Project investment e.g. M&A and JVs
• Changing market and industry environment
• Introduction of new technology and products

 

Formal information and Technology Governance

New legislation and regulations means that technology governance must be in place, has assigned accountable parties and be auditable - hence the requirement for board level responsibility

To ensure that the client makes the best decision in a timely manner to extract full value from their technology investments, PreterLex will help you to:

• Create processes to continually review the organisation's technology governance to determine strategic options
• Create and use of all necessary technology governance collateral, processes and organisational structures
• Set up and optionally participate in Technology Governance Steering Committee
• Identify your organisation's compliance obligation requirements
• Evaluate benchmarking and baselining decisions against best practice

 

Benefits

PreterLex has a commitment to ensuring that your governance is properly established and effective

• Discipline - introduction of standard processes and formalisation of governance activities
• Accountability and responsibility - correct organisational structures and responses are defined and established
• Skills transfer - of best practice governance activities, structures and operations Full implementation capabilities - from concept to automation and organisational change
• Multidiscipline governance basis - the approach is flexible and content-adaptive
• Proven experience - across a number of industry sectors and in different governance areas

 

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