OMG Document: bmi/2009-09-24
On September 22, 2009 the OMG issued a new RFP, “Management of Regulation and Compliance” (MRC), developed by the Regulatory Compliance DSIG and sponsored by the Business Modeling and Integration (BMI) Task Force.
Letters of Intent are due by February 15, 2010
Initial submissions are due by May 24, 2010
Most businesses have to comply with regulation. This requires more than simply applying regulations “as they come”. People in those business have to decide what their enterprises need to do in order to comply. They need software tools to support them in:
The objective of this RFP is a specification from which such tools could be developed. The RFP solicits proposals for the following:
The RFP mentions reference databases of regulation, playing two roles:
An example of this kind of database has been created for reference by submitters, a subset of the OMG's Governance, Risk and Compliance Global Regulatory Information Database (GRC-GRID).
It can be found at [URL available soon]