SOURCE: Evantix

Evantix

March 02, 2010 09:00 ET

Evantix Shared Assessments Platform™ for the Shared Assessments Program v5

ALISO VIEJO, CA--(Marketwire - March 2, 2010) -  Evantix, the IT Risk Reporting Bureau, announces its support for the 5.0 version of the Shared Assessments Program®. The Evantix IT/Risk Bureau™ acts as a Shared Assessments platform to streamline completion of the Shared Assessment "SIG" and "AUP"; creates an actionable at-a-glance risk report; enables cross-company remediation management and monitoring; and enables secure sharing of the results across companies.

"Designed specifically for programs like the Shared Assessments Program, the Evantix solution provides a critical market role by enabling the secure and scalable gathering, reporting, and management of IT, privacy, and business continuity risk information between business partners," said James Christiansen, Evantix chief executive officer.

To demonstrate the power of its platform, Evantix invites all companies using or interested in the Shared Assessments Program to take advantage of its no-cost trial to get or request that their suppliers get an Evantix Risk Report based upon the most recent version of the Shared Assessments tools.

Evantix is a Shared Assessments Program Assessment Firm member and Software Solution Licensee, and is authorized to process SIG and AUP results through its proprietary algorithms to produce risk ratings. The risk ratings are used to create the report that is provided to the subject. With the subject's express permission, the report can be securely shared with its customers, regulators, or other business partners.

About Evantix
Evantix delivers on-demand IT risk scores, reports, and monitoring on companies globally through its pioneering IT Risk Reporting Bureau. The Evantix reports and risk scores are used by corporate risk managers, procurement officers, and other business teams to identify, quantify, and manage IT risk across large complex businesses, their supply chains, and various 3rd party business relationships. Information about Evantix's products and services can be found at www.evantix.com.

About the Shared Assessments Program
The Shared Assessments Program was created by leading financial institutions, the Big 4 accounting firms, and key service providers to inject standardization, consistency, speed, efficiency and cost savings into the service provider assessment process. Through membership in the Shared Assessments Working Group and use of the Shared Assessments tools (the Agreed Upon Procedures and the Standardized Information Gathering questionnaire), Shared Assessments offers outsourcers in a range of industries, including financial services, healthcare, retailing and higher education, a faster, more efficient and less costly means of conducting rigorous assessments for security, privacy and business continuity. The Shared Assessments Program is managed by The Santa Fe Group, strategic consulting company based in Santa Fe, New Mexico.

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