2013-03-21 10:04:58 -
Recognized for completeness of offering and market potential for its Accelus
LONDON, 21 March 2013 - Thomson Reuters, the world's leading source of
intelligent information for businesses and professionals, announced it has been
positioned as category leader in the Chartis RiskTech Quadrant(TM) for
Enterprise Governance, Risk and Compliance Systems, with specific reference to
its strengths in Financial Services.
Chartis, a research and advisory firm that provides technology and business
advice to the global risk management industry, analyzed a range of governance,
risk and compliance solutions for their completeness of offering and market
potential, and positioned Thomson Reuters Accelus Enterprise GRC as category
leader in the market-space.
Thomson Reuters Accelus combines powerful technology with trusted regulatory and
risk intelligence to deliver comprehensive governance, risk and compliance
solutions that provide an organized view of risk to
help organizations connect
regulatory obligations with business goals, manage their risk exposure and drive
innovation and success. The solution's breadth of functional capabilities
including reporting, usability, configurability, and actionable risk and
compliance content all rated highly in Chartis's assessment, as did Thomson
Reuters existing customer base, global footprint, size and financial stability
and growth strategy.
In their vendor report, Chartis highlights a number of leading practices from
Thomson Reuters, stating: "Purpose built to address the diverse requirements of
internal assurance professionals, the Accelus Enterprise GRC platform provides
dynamic functionality that enables organizations to take a connected approach to
GRC. Designed as a comprehensive platform, the solution helps to break down the
walls between audit, risk and compliance groups and provides considerable value
when organizations deploy the software across the enterprise."
The Enterprise GRC solutions landscape has become increasingly competitive as
organizations face heightened pressure to strengthen their GRC processes and
real-time risk intelligence against a backdrop of economic uncertainty. The
Chartis RiskTech Quadrant(TM) provides a transparent and independent scoring
system for ranking risk technology vendors based on in-depth independent
research. The aim of the report is to bring clarity to the marketplace,
empowering organizations to select a robust technology solution which is not
only suited to their implementation strategies but also fulfils key business
needs and provides competitive advantage.
"Our recognition as a category leader and for our strengths in financial
services in the Chartis RiskTech Quadrant(TM) reflects our continued commitment
to delivering market leading solutions that clearly serve the needs of our
customers," said Mark Schlageter, managing director, Governance, Risk and
Compliance, Thomson Reuters. "With the steady increase in regulatory oversight
and focus on audit, risk and compliance, many organizations are looking to
acquire solutions that transform compliance into an opportunity to add value.
Thomson Reuters enables customers to efficiently and effectively manage the
increasing complexity of their GRC business processes whilst accelerating
Thomson Reuters Governance, Risk & Compliance business dynamically connects
business transactions, strategy and operations to the ever-changing regulatory
environment, enabling firms to manage business risk. Thomson Reuters Accelus is
a comprehensive suite of solutions specifically built to address the governance,
risk and compliance challenges faced by the boardroom, and its legal,
compliance, audit and risk management professionals.
In addition to the Enterprise GRC solution, the Accelus suite brings together
market-leading solutions for global regulatory intelligence, financial crime,
anti-bribery and corruption, enhanced due diligence, training and e-learning,
and board of director and disclosure services.
A copy of the Thomson Reuters Vendor Highlight Report and Chartis RiskTech
Quadrant(TM), can be downloaded at: www.accelus.com/ChartisRiskTechQuadrant
Thomson Reuters is the world's leading source of intelligent information for
businesses and professionals. We combine industry expertise with innovative
technology to deliver critical information to leading decision makers in the
financial and risk, legal, tax and accounting, intellectual property and science
and media markets, powered by the world's most trusted news organization. With
headquarters in New York and major operations in London and Eagan, Minnesota,
Thomson Reuters employs approximately 60,000 people and operates in over 100
countries. Thomson Reuters shares are listed on the Toronto and New York Stock
Exchanges. For more information, go to thomsonreuters.com.
About Chartis Research
Chartis is the leading provider of research and analysis on the global market
for risk technology. Its goal is to support enterprises as they drive business
performance through better risk management, corporate governance and compliance.
Chartis helps clients make informed technology and business decisions by
providing in-depth analysis and actionable advice on virtually all aspects of
Chartis Research is authorized and regulated by the Financial Services Authority
(FSA) for providing investment advice - (www.chartis-research.com).
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Source: Thomson Reuters Corporation via Thomson Reuters ONE