SOURCE: QUMAS

January 10, 2008 08:00 ET

Independent Research Firm Names QUMAS a Market Leader in Enterprise Governance, Risk and Compliance Platform Report

JERSEY CITY, NJ--(Marketwire - January 10, 2008) - QUMAS, a leading provider of governance, risk and compliance (GRC) solutions, announced today that it has been named by Forrester Research as a leader in the "Forrester Wave™: Enterprise Governance, Risk and Compliance Platforms, Q4 2007" report released on December 21, 2007. The report is available in its entirety on the QUMAS website by clicking here.

Forrester evaluated the strengths and weaknesses of the15 top enterprise GRC platform vendors from among 114 peers. Forrester graded the technology providers on a total of 100 metrics based on a detailed questionnaire, customer interviews, in-depth product demonstrations and strategy briefings.

QUMAS was named a leader in both the Compliance and Risk Management categories.

"Being named as a leader in the Forrester Wave report reflects our approach of providing an integrated GRC framework organizations can use to cost-effectively achieve and sustain compliance, while optimally managing risks and performance," said Kevin O'Leary, CEO of QUMAS. "With QUMAS, companies looking to deploy a GRC solution benefit from a unified product offering and QUMAS proven technology. To date, QUMAS solutions have been successfully deployed in the Global F1000 with dramatic and immediate returns on investment."

In the report, Forrester writes of QUMAS: "With strong content management capabilities for its GRC platform, QUMAS is one of the clear favorites for addressing broad compliance needs. Recent moves to incorporate risk management capabilities give QUMAS an impressive overall GRC offering. Widely considered a thought leader in GRC, QUMAS service offerings are anchored by former chief compliance officers and regulators who help deliver significant content knowledge during implementations."

The QUMAS GRC Suite provides comprehensive risk management integrated with content and business process management, interactive dashboards and advanced reporting capabilities for real-time governance. The QUMAS GRC Suite allows organizations to model and assess their risk environment; actively manage documents and monitor processes in accordance with multiple compliance requirements and regulatory changes; as well as make proactive, risk-based decisions for better governance and improved business performance.

About QUMAS

QUMAS is the leader in Enterprise Governance, Risk and Compliance (GRC) with more than 250 customer deployments and over a decade of experience helping companies in highly regulated industries. The QUMAS solution facilitates an informed, risk-based response to GRC challenges across your business. QUMAS solutions channel and focus resources, providing better overall governance and predictability of business performance as well as meaningful reporting to stakeholders.

For more information visit http://www.qumas.com.

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