Web-based Risk Management Software supports multiple languages.

Press Release Summary:



Modulo Risk Manager NG automates multi-regulatory compliance, audits, and security threat management. Featuring role-based access control, it also uses what-if modeling to manage acceptable risks and choose remediation paths by predicting impacts of implemented vs. non-implemented controls against policies. Scalable control collection architecture enables auditing and policy enforcement in distributed and graphically dispersed environments.



Original Press Release:



Modulo Delivers Next Generation IT GRC Solution



Montclair, N.J. - 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 repeatably 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:

o Comprehensive multi-language web based platform for a consistent user experience across policy management, assessment, evaluation and remediation

o Improved user portal, role based access control and dashboards to improve the efficiency and accountability of enterprise GRC management

o 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

o Enhanced policy management that visually maps policies and regulations to controls to quickly identify risks and compliance gaps

o Scalable control collection architecture to audit and enforce polices in the most distributed and graphically dispersed environments

o Expanded and continuously updated practices and authoritative sources which provides guidance to understand and remediate risks

o Optimized remediation and workflow to proactively manage and escalate compliance gaps and unacceptable enterprise risk

o 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: 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(TM) 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.

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