Compliance departments play a powerful role in corporate governance. Public knowledge of corporate fraud, especially related to the Enron and WorldCom scandals, has greatly increased governmental pressure on corporations to implement and enforce compliant practices. Further regulation of business practices, including the Sarbanes-Oxley (2002) and Dodd-Frank (2010) Acts, has tightened standards and enhanced the position and importance of corporate compliance. One major challenge that compliance groups face is data collection and retention. The government demands that certain data are promptly and accurately reported, increasing the pressure on internal groups (especially within finance and banking) to maintain and manage all data sources for reporting purposes.