Flawed Data Puts CEOs and CFOs at Personal Risk Under Sarbanes-Oxley Act
New white paper explores data accuracy challenge and solution
Rochester, Minnesota, March 1, 2004 --
"Can I trust our data enough to risk my neck?" That's what CEOs and CFOs of small, medium and large public companies are asking themselves these days.
Why? Because the Sarbanes-Oxley Act holds top executives personally responsible for the accuracy and completeness of the financial data they report.
A new white paper explores the data integrity challenges of complying with the Sarbanes-Oxley Act (also known as SOX). The white paper, "Sarbanes-Oxley Raises the Ante for Trustworthy Data," can be downloaded free at http://www.coglinmill.com.
"Integrated and clean data is the absolute requirement for accurate reporting," writes white paper author Alan Jordan, Chief Technologist at Coglin Mill, developers of the RODIN (TM) Data Asset Management Solution.
"Unfortunately, before SOX, integrating and cleansing data across the enterprise was not a high priority when it came to allotting scarce IT resources. Yet more and more data flows into the enterprise daily. E-business, mergers and acquisitions, the global economy -- all contribute to the problem.
"Now that CEOs and CFOs are personally responsible, they are putting their CIOs and information technology managers on the spot to provide trustworthy data."
The Coglin Mill white paper, "Sarbanes-Oxley Raises the Ante for Trustworthy Data," explores:
The three key requirements of the Sarbanes-Oxley Act (SOX)
Typical data problems in today's enterprise
How Coglin Mill's RODIN helps CIOs and IT Managers deliver trustworthydata.
On-Demand Data Integration with RODIN, Developed by Coglin Mill
RODIN helps organizations reduce risk and increase profitability by transforming data into trustworthy strategic information. RODIN consolidates and cleanses data from any database, including DB2/400; DB2 UDB for Unix and Windows; DB2/390; Oracle; Microsoft SQL Server; Informix; Sybase, and from mainframe structures such as IMS, Adabas and VSAM. The resulting RODIN data repository provides CEOs and CFOs a complete, accurate picture of their company for reporting and decision making.
For more information about RODIN, or to set up a demo, contact Pete Wangen at Coglin Mill in Rochester, Minnesota: 507/282-4151x45, firstname.lastname@example.org.