On August 12th,2009 the independent analyst Gartner published the Magic Quadrant for Enterprise Governance, Risk and Compliance Platforms.
“The EGRC platform market derives from the need for many entities to improve the oversight of corporate governance – including financial reporting compliance, enterprise risk management and related audits,” noted the report on EGRC. “Therefore, an EGRC platform must solve immediate GRCM needs associated with corporate governance and also enable an enterprise to pursue future consolidation and integration of GRC activities.”
MEGA provides flexible EGRC solutions for all four key areas covered in the report (audit, compliance, risk, and policy management). It seamlessly integrates GRC with BPA to map business processes within the organization against risks and controls, facilitating process and performance improvements, and offers comprehensive audit planning features. The software is unique in its recognition of the overlap in audit, risk, and control activities; it provides a common platform through a global repository to centralize and coordinate all data relating to these areas in a single searchable environment that can be shared between departments, divisions, work groups, or committees.
More about the Gartner Magic Quadrant for EGRC
