The North American Electric Reliability Corporation (NERC) plays a critical role in ensuring the reliability and security of the North American power grid. The origin of the corporation dated back t0 1968. In 1968, the North American Electric Reliability Corporation (NERC) was formed as a voluntary organization by the electric utility industry to ensure the reliability and adequacy of bulk power transmission in North America. Over the years, NERC expanded its reach and, in 1981, changed its name to the North American Electric Reliability Corporation to recognize Canada's participation. NERC played a vital role in addressing deregulation and promoting fair pricing, competition, and cooperation with independent power producers, marketers, and brokers. The organization also took on a new role in addressing national security concerns related to the power grid, becoming a founding member of the Partnership for Critical Infrastructure Security (PCIS).

In Financial Services Industry, compliance isn't just a buzzword; it's the foundation upon which the entire industry stands. The financial services sector is one of the most heavily regulated, and for good reason.