At a conference in London, the company is set to present its compliance strategy to 1,400 users. Sun will be working with law firms, compliance experts, third-party security and auditing software providers and system integrators to offer users products and services to support end-to-end compliance.
Compliance has become a priority for businesses. Regulations such as Basel 2 and Sarbanes-Oxley set requirements for transparency and new processes, many of which must be met using IT. This means more work for the IT department, much of it focused on business processes, analyst firm Gartner said.
Nigel Hopgood, head of compliance at Sun Microsystems UK, said Sun's strategy was to offer a holistic approach to compliance rather than sell point products to meet specific reporting or legislative requirements. He said, "Everything you do should be auditable."
To support traceability, a key aspect of Sun's approach is "forensic compliance", which provides the level of traceability needed to validate data submitted in court. To deliver this level of traceability, Sun has partnered with CryoServer, a provider of forensic compliance software.
It is also working with business process management supplier BlueSpace, SCC for IT delivery, and Capgemini and Anite Finance for integration services.