SOURCE: Paisley

December 19, 2007 15:03 ET

Paisley Announces General Availability of New Version of Paisley Enterprise GRC

Industry-Leading Compliance and Enterprise Risk Management Capabilities Help Organizations Integrate Governance, Risk and Compliance Initiatives

MINNEAPOLIS, MN--(Marketwire - December 19, 2007) - Paisley, the leading provider of governance, risk and compliance (GRC) software solutions, today announced the general availability of version 3.5 of Paisley Enterprise GRC™. Ideal for enterprise customers, Paisley Enterprise GRC incorporates a variety of industry-leading features designed to address integrated governance, risk and compliance requirements.

Paisley Enterprise GRC offers comprehensive governance, risk and compliance functionality -- with profiles for enterprise risk management (ERM), general compliance, financial controls management, internal audit, operational risk management (ORM) and IT governance. With robust features to support the full range of GRC disciplines, Paisley Enterprise GRC enables organizations to implement a top-down, risk-based approach to governance, risk and compliance.

"Paisley Enterprise GRC is specifically designed to address customers' requirements for a unified solution that bridges the gap between the many diverse areas of governance, risk and compliance," said Tim Welu, CEO of Paisley. "Our integrated approach enables organizations to reduce the time and resource costs associated with GRC processes, enhance transparency and predictability, and ultimately, improve overall business performance."

The newest version of Paisley Enterprise GRC introduces enhanced compliance management and enterprise risk management capabilities to help organizations more easily manage risk and provide greater oversight and assurance. The software's rich compliance features support the documentation and management of laws and regulations, policies and procedures, compliance risk assessment, testing and compliance reporting. Its best-in-class enterprise risk management functionality allows businesses to easily set strategic objectives, identify enterprise risks and link these risks directly to their operational processes and controls. In addition, Paisley Enterprise GRC delivers extensive business process management capabilities to support the automation of GRC business processes.

Paisley Enterprise GRC is available for on-site installation or via a hosted application deployment model.

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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