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Jim Lindsey, Director, Financial Reporting for TTX
A unique and creative provider to the rail industry since 1955, TTX Company is North America’s leading provider of railcars and related freight car management services. TTX is owned by North America’s leading railroads, providing a pool of railcars allowing railroads to conserve their capital for other critical infrastructure needs.
Challenges and Benefits
- SAP GRC Access Control v 10
- Pre-configured solution for rapid deployment
- Risk identification capabilities
- Security and governance of processes
- Address potential security vulnerabilities
- Fix Segregation of duties issues
- Reduce access risk from unauthorized users
About The Project
TTX needed to quickly address several security vulnerabilities that were recently uncovered during a routine audit. They wanted to present a clear strategy to their board of directors demonstrating how they would resolve these issues, but also improve their internal controls at the same time. After researching solutions, they decided on SAP GRC Access Control because of the application's ability to manage and reduce access risk across the enterprise.
This was the third North American implementation of GRC Access Control v.10. TTX simultaneously implemented this solution along with NTT DATA Business Solutions’ proprietary Secure.it solution, which consisted of pre-configured SOX-complaint security roles customized to TTX's needs.
With these new solutions, TTX now can monitor its financial reporting environment to ensure the reporting of results is high quality and that nothing of an undesirable nature can adversely affect results. The solutions fit all of their needs from a security and compliance perspective.