SOURCE: Archer Technologies

July 02, 2008 14:58 ET

Archer Technologies Named a Leader Among IT Risk and Compliance Software Vendors by Independent Research Firm

OVERLAND PARK, KS--(Marketwire - July 2, 2008) - Archer Technologies (Archer), a provider of enterprise governance, risk and compliance solutions, today announced the company was cited as an overall leader in the June 2008 report The Forrester Wave™: IT Risk And Compliance Software, Q2 2008. Archer was among a select group of eight vendors that Forrester evaluated based on current offerings, strategy and market presence.

"To be shown as a leader in Forrester's IT Risk and Compliance research is a significant accomplishment for the Archer team, and we are especially proud of our top rating in overall vision and product strategy," said Jon Darbyshire, president and CEO of Archer Technologies. "We have developed our vision for best-in-class governance, risk and compliance solutions through close, ongoing collaboration with our User Community, and the Archer team is passionate about developing flexible, innovative solutions to meet our customers' evolving needs."

Archer delivers a fully integrated solution set that allows clients to implement a best-in-class enterprise governance, risk and compliance program. These award-winning, out-of-the-box solutions include Policy, Threat, Asset, Risk, Incident, Vendor and Compliance Management. By providing powerful capabilities for assessing risk, monitoring controls, streamlining workflow, and measuring and reporting compliance, Archer solutions enable businesses to gain a current, holistic view of their GRC landscape.

According to the Forrester report, "Archer is the strongest of the Leaders in terms of compliance functionality." In addition, the report states that "Archer comes out ahead in overall vision and product strategy due mainly to key technology partnerships. For market presence in this group, Archer gets the overall top spot due to its install base."

Archer was also rated a 5 out of 5 in the Forrester report for common functionality related to workflow and reporting. Because of the flexibility of Archer's solutions, business users are empowered to modify workflow processes and generate graphical reports without the need for development resources. "Our rating in this area is a testament to the commitment of our employees to meeting customer needs for best-of-breed functionality and complete ease of use," said Peter Novosel, Vice President of Products for Archer.

For the full Forrester report, visit the Archer web site at www.archer-tech.com/solutions/index.html.

About Archer Technologies

Archer Technologies delivers enterprise governance, risk and compliance (E-GRC) solutions. With more than six million licensed users and a client list that includes one in four of the Fortune 100, Archer enables highly regulated companies to reduce enterprise risks, manage and demonstrate compliance, automate business processes, and gain visibility into corporate risk and security controls.

All Archer solutions are built on the highly flexible Archer SmartSuite Framework, allowing clients to tailor the solutions according to their unique requirements and to build new on-demand applications to expand their E-GRC program. As a result, many of Archer's clients consider the Framework their go-to platform for rapid application development.

Archer clients maximize their use of the Framework through the Archer Exchange, an online marketplace of applications, services, content and integration solutions, and the Archer Community, an online social network of discussion forums, product ideas, downloads and resources. Through this supporting Archer ecosystem, clients have the tools and services they need to build a best-in-class E-GRC program. For more information, visit www.archer-tech.com.

Contact Information

  • For more information, press only:
    Erica Camilo
    BluePoint Venture Marketing for Archer Technologies
    781-861-7800
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