SOURCE: Paisley

December 21, 2007 16:34 ET

Independent Research Firm Names Paisley as a Leader in Governance, Risk and Compliance Platforms

MINNEAPOLIS, MN--(Marketwire - December 21, 2007) - Paisley, a leading provider of governance, risk and compliance (GRC) software solutions, today announced that it has been named by Forrester Research as a leader in governance, risk and compliance platforms in its recent "Forrester Wave™: Governance, Risk, And Compliance Platforms, Q4 2007."

As part of the report, Forrester evaluated 15 leading enterprise GRC platforms against approximately 100 evaluation criteria by examining past research, user need assessments, and vendor, provider and expert interviews.

The report includes four Forrester Wave models: enterprise governance, risk and compliance platforms; corporate governance platforms; risk management platforms and compliance management platforms. Paisley was named a leader in all four of these models.

"Being recognized as a leader in this report is a tremendous accomplishment," said Tim Welu, CEO of Paisley. "The results of this report reflect our strategy to help customers expand and evolve their business governance initiatives across the enterprise by adopting an integrated view of governance, risk and compliance."

Forrester reported that, "Paisley was among the top products, with the highest overall scores in the category of risk and control management as well as general technical functionality."

In addition, the report noted that, "The integration between its GRC and audit platforms gives Paisley a strong differentiator considering how often audit professionals are brought into GRC purchase decisions... Paisley will continue to be especially successful when substantial audit capabilities are required."

About Paisley

Paisley is an industry-leading software vendor that provides solutions for governance, risk and compliance including financial controls management, internal audit, operational risk management, compliance, IT governance and enterprise risk management. For more than a decade, Paisley has delivered superior software and services to both large enterprise and mid-market organizations. Governance, risk and compliance software has always been and continues to be the company's focus.

Leveraging industry best practices, standards-based technology, and a choice of software platforms and deployment options, Paisley customers are empowered to improve the accuracy, consistency and efficiency associated with internal audit, financial controls management, enterprise risk management, operational risk management, IT governance and compliance initiatives. Developed for companies of every size and across multiple industries, Paisley's solutions enable organizations to streamline governance, risk and compliance processes, reduce costs of compliance, manage and mitigate risks, and provide visibility, oversight and assurance.

For more information, call 320.286.5870, email or visit

Contact Information

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