The Compliance Consortium, an international membership organization formed in June 2004 to promote effective governance, risk and compliance management (GRC), announced that it has merged with the Open Compliance and Ethics Group (OCEG). Compliance Consortium members will serve as the initial members of the newly created OCEG Technology Council, with OCEG corporate and technology members immediately eligible to join. Ted Frank, chairman of the Compliance Consortium advisory council and president of Axentis, will join OCEG's overall Leadership Council and lead the newly formed Technology Council.

"The Compliance Consortium has been focused on the important topic of identifying best practices for applying technology to governance, risk, compliance and ethics management processes," said Scott Mitchell, president and CEO of OCEG. "We are delighted to incorporate and leverage their work and their membership to further OCEG's broader charter to help organizations align these activities to drive business performance and promote integrity."

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