Continuous monitoring

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Continuous monitoring is the process and technology used to detect compliance and risk issues associated with an organizations financial and operational environment. The financial and operational environment consists of people, processes, and systems working together to support efficient and effective operations. Controls are put in place to address risks within these components. Through continuous monitoring of the operations and controls, weak or poorly designed or implemented controls can be corrected or replaced – thus enhancing the organization’s operational risk profile. Continuous monitoring typically includes solutions that address the three operational disciplines known as 1) Continuous Audit, 2) Continuous Controls Monitoring, and 3) Continuous Transaction Inspection.

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