29/06/2010 13:00:00

Modulo Delivers Next Generation IT GRC Solution

Modulo,

a leading provider of enterprise governance, risk and compliance (GRC)

solutions, today announced the availability of its next generation IT

Governance, Risk

and Compliance

Management (IT GRCM) solution. Modulo Risk Manager NG is an evolution of

the company’s award winning management software that is used by hundreds

of the world’s largest companies and is now also available for fast and

cost-effective deployment in the cloud as software-as-a-service (SaaS)

solution.

This new release of Risk

Manager is also expected to accelerate Modulo’s growing presence in

the U.S., Europe and Middle East with support for multiple languages as

well as an easy-to-use web-based interface and platform. These new

features combined with the core strengths of the fully integrated,

mature Risk Manager platform provide customers with immediate value by

reducing the complexities and cost inherent in GRC

management.

“This new version of Risk Manager has evolved over the last 3 years

using the latest web and cloud technologies available. Modulo NG brings

together product innovation based on feedback from more than 1,000

customers, 25 years experience in the GRC space and builds on 10 years

development of our first generation GRC platform,” says Jeff Kushner,

Modulo’s Director of Marketing.

Modulo Risk Manager NG gives enterprises the visibility they need to

manage both business and IT processes using a standardized approach. It

provides the platform to consistently and repeat-ably demonstrate

multi-regulatory compliance, pass demanding audits and reduce increasing

security threats before they cause costly damage to the organization -

while eliminating duplication of effort through automation.

Major enhancements of this new release include:

  • Comprehensive multi-language web based platform for a

    consistent user experience across policy management, assessment,

    evaluation and remediation

  • Improved user portal, role based access control and dashboards

    to improve the efficiency and accountability of enterprise GRC

    management

  • Advanced “what if” modeling to proactively manage acceptable

    risks and choose remediation paths with the greatest pay-off by

    predicting the impacts of implemented vs. non-implemented controls

    against policies

  • Enhanced policy

    management that visually maps policies and regulations to

    controls to quickly identify risks and compliance gaps

  • Scalable control collection architecture to audit and enforce

    polices in the most distributed and graphically dispersed environments

  • Expanded and continuously updated practices and authoritative

    sources which provides guidance to understand and remediate risks

  • Optimized remediation and workflow to proactively manage and

    escalate compliance gaps and unacceptable enterprise risk

  • Addition of GRC Integration Service Foundation Application Program

    Interface (API) to ease the task of integrating home grown and

    commercial applications like Qualys for more comprehensive GRC

Modulo recently received a “Positive” rating in Gartner’s 2010

MarketScope on IT Governance, Risk and Compliance Management (IT GRCM) -

one of 12 vendors evaluated on market understanding, customer

experience, product strategy, sales execution and operations.

According to Gartner, “The IT governance, risk and compliance management

(IT GRCM) market comprises vendors that provide software products that

help organizations proactively measure and manage their IT technology

and process controls.”1

Supporting Links

Twitter: @moduloitgrc

LinkedIn: http://www.linkedin.com/groups?home=&gid=980917&trk=anet_ug_hm

Product Brochure: http://www.modulo.com/risk-manager

1 Gartner “MarketScope for IT Governance, Risk and Compliance

Management,” by Paul E. Proctor and Mark Nicolett, April 29, 2010.

The MarketScope is copyrighted 2010 by Gartner, Inc. and is reused with

permission. The MarketScope is an evaluation 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 MarketScope, and does not advise technology users to

select only those vendors with the highest rating. Gartner disclaims all

warranties, express or implied, with respect to this research, including

any warranties of merchantability or fitness for a particular purpose.

About Modulo

Modulo is a leading global enterprise provider of comprehensive

Governance, Risk and Compliance (GRC) management solutions. Modulo’s

Award winning Risk Manager™ provides over 1,000 world-wide organizations

with the tools they need to automate the entire GRC management process

to monitor, manage and sustain adherence to policy and regulations while

reducing enterprise risk and complexity. Recent recognition received by

Modulo include: Info Security Products Guide 2010 Global Product

Excellence Award, Network Products Guide 2010 Product Innovation Award

and Finalist in 2010 SC Awards Best Regulatory Compliance Solution.

Visit www.modulo.com

for more information.

Kesselring Communications

Leslie Kesselring, +1-503-358-1012

Leslie@kesselring.net

or

Modulo

Jeff

Kushner, +1-973-323-2464

Director of Marketing

Jeff.kushner@Modulo.com

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