Facing the need to track more than a thousand business controls and manage several times as many documents for compliance with the Sarbanes-Oxley Act, GMAC Commercial Mortgage (GMACCM) knew that it would need more than spreadsheets and file shares. Risk Management Compass (RMC), developed using Microsoft Visual Studio .NET 2003 and the Microsoft .NET Framework, gives the company a comprehensive and robust solution for mapping, assessing, managing, and reporting on all risk categories. GMACCM saved 70 percent by developing its own solution instead of purchasing one, and the solution's rich functionality has helped the company to reduce the cost of Sarbanes-Oxley compliance by 50 percent.
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