Alyned Thinking

After some of the worst accounting scandals in history, the United States Congress passed the Sarbanes-Oxley Act (SOX) in 2002. In this article, we will discuss the background of SOX, the requirements of internal controls mentioned in Section 404 of the Act, and how compliance technology can facilitate a more efficient and agile process.

We are very excited to introduce Alyne's new Internal Control over Financial Reporting (ICFR) Control Set, which further expands on Alyne's extensive Library of Financial Controls. In this article, you will gain insight into how Alyne's out-of-the-box ICFR Capabilities can provide your organisation with an extensive health check for SOX and SOC 1 compliance.

In our preparation for 2021, we reflected back on conversations that we'd had in the market, analysed industry trends, discussed pain points and more. We asked ourselves, what new challenges are organisations facing that were maybe not there before? Where does Alyne's product capabilities have the best natural fit in all of this? On a high level, learn more about some of the factors that led us to define our theme for the year: Meaningful Risk Insight for Sustainable Business Growth.

Testing for China's CBDC (Central-Bank Digital Currency), the digital yuan, began earlier this month, which means that we can safely expect to see the world’s first sovereign digital currency rolled out later this year. In this article, we analyse the impact of cashless payments in modern society and look at where the EU stands in the mobile-first banking revolution.

This October, our team developed many new and improved product features within the Alyne platform that include: Assessment Takeovers, Compliance Evidence, Sentiment Analysis, Statistics for Assessment Responders, Submission Confirmation for Assessments, Linking of Risks and Objects and many more.