Companies Assessed for Ability to Execute and Completeness of Vision
MENLO PARK, Calif., Aug. 12 /CNW/ -- Protiviti Inc., a leading global
provider of internal audit and risk and advisory services, has been positioned
by Gartner, Inc. in the "Challengers" quadrant in the "Magic Quadrant for
Enterprise Governance, Risk and Compliance Platforms"(1). The Protiviti
Governance Portal provides organizations with a software solution that
addresses multiple Governance, Risk, and Compliance (GRC) objectives through
one unified technology platform.
According to its report, Gartner defines Challengers as follows:
"Challengers have proven viability, demonstrated market performance and the
ability to exceed customer expectations on technical functionality.
Challengers need to focus on their product road maps, as well as their sales,
marketing, geographic and vertical industry strategies to move into the
Leaders quadrant." Gartner evaluated Protiviti on ability to execute,
including product/service; overall viability; market responsiveness; and
customer experience, and on completeness of vision, which includes market
understanding, product strategy and innovation, among other measurements.
"We consider our positioning in the Challengers quadrant by Gartner to be
further validation of our Governance Portal and its success in the
marketplace," said Scott Gracyalny, managing director and leader of
Protiviti's Risk Technology Solutions group. "We're executing our product road
map and will offer additional enhancements that make the Governance Portal an
even more valuable tool to a wide range of organizations."
According to the Gartner report: "Reporting and managing through a
single platform gives executives, auditors and managers a holistic view of the
enterprise's risk and compliance postures, as well as views sorted by
requirement, entity and geography."
"The Governance Portal offers an integrated and strategic GRC platform
for a broad range of risk management efforts along with compliance activities
related to Sarbanes-Oxley, Basel II, privacy regulations and SAS 70, among
other regulations," said Gracyalny.
The Governance Portal consists of five modules:
-- Control Management -- A framework that supports control
documentation, analysis and testing.
-- Risk Management -- A framework for assessing inherent, tolerable and
residual risk across defined enterprise categories.
-- Incident Management -- A loss event collection system that supports
the capture of internal, external and "virtual" (e.g., scenario-based,
near-miss) operational losses.
-- Audit Management -- An internal audit planning and execution system
that supports enterprise risk assessment, planning, execution, documentation,
reporting and follow-up.
-- Assessment Management -- An integrated survey engine that supports a
sustainable self-assessment process across the GRC modules of the Governance
These modules align to support six pillars of effective governance:
financial compliance, regulatory compliance, IT governance, operational risk,
internal audit and enterprise risk management. For additional information
about the Protiviti Governance Portal, please visit http://www.protiviti.com.
About the Magic Quadrant
The Gartner Magic Quadrant is copyrighted June 2008 by Gartner, Inc., and
is reused with permission. The Magic Quadrant is a graphical representation
of a marketplace at and for a specific time period. It depicts Gartner's
analysis of how certain vendors measure against criteria for that marketplace,
as defined by Gartner. Gartner does not endorse any vendor, product or
service depicted in the Magic Quadrant, and does not advise technology users
to select only those vendors placed in the "Leaders" quadrant. The Magic
Quadrant is intended solely as a research tool, and is not meant to be a
specific guide to action. Gartner disclaims all warranties, express or
implied, with respect to this research, including any warranties of
merchantability or fitness for a particular purpose.
Protiviti (http://www.protiviti.com) is a global consulting and internal
audit firm composed of experts specializing in risk and advisory services. The
firm helps clients solve problems in finance, operations, technology,
litigation and governance, risk and compliance. Protiviti's highly trained,
results-oriented professionals serve clients in the Americas, Asia-Pacific,
Europe and the Middle East and provide a unique perspective on a wide range of
critical business issues.
Protiviti has more than 60 locations worldwide and is a wholly owned
subsidiary of Robert Half International Inc. (NYSE: RHI). Founded in 1948,
Robert Half International is a member of the S&P 500 index.
(1) Gartner, Inc. "Magic Quadrant for Enterprise Governance, Risk and
Compliance Platforms," by F. Caldwell and T. Eid. June 30, 2008.
Protiviti is not a law firm and is not licensed or registered as a public
accounting firm. The company does not issue opinions on financial statements
or offer attestation services.
For further information:
For further information: Kathy Keller of Protiviti, +1-650-234-6252,
email@example.com Web Site: http://www.protiviti.com