SOURCE: Archer Technologies

Archer Technologies

August 31, 2009 10:25 ET

Garda Cash Logistics Selects Archer Technologies for IT-GRC

Garda Implements Archer to Manage Extensive Security Compliance Requirements of Its Financial Services Customers

OVERLAND PARK, KS--(Marketwire - August 31, 2009) - Garda Cash Logistics (TSX: GW) (Garda), North America's premium cash logistics provider, has successfully implemented a full-scale IT-GRC initiative with Archer Technologies, a provider of enterprise governance, risk and compliance (GRC) solutions. Through Archer Professional, which is deployed via Software as a Service (SaaS), Garda was able to get the initiative up and running within 24 hours and can now more efficiently demonstrate compliance with the stringent security requirements of its banking customers.

Working with some of the largest, most sophisticated financial institutions in the United States, Garda is responsible for guaranteeing the security of financial transactions and customer account information. The company operates more than 140 cash handling locations and 2,000 armored vehicles with over 100,000 daily service stops. Garda's dedication to performance and security helps banks deliver uninterrupted services regardless of the challenge at hand.

"To manage continuous changes within the banking industry's risk and regulatory landscape, Garda needed a proven IT-GRC solution that could make a quick impact on our business and provide the flexibility to scale to our future needs," said Barbara Danzi, chief information security officer for Garda. "We selected Archer based on its extensive footprint in the financial services sector and the unparalleled capabilities it provides for GRC process automation and third-party risk management."

Archer delivers a comprehensive GRC technology platform that allows Garda to manage information security policies, controls and baselines, as well as third-party risk assessments, remediation tasks, and business continuity planning and testing. With Archer's integrated GRC solutions, Garda can now centrally manage the lifecycle of policies and objectives, analyze and manage business risks, and demonstrate compliance to its banking customers' specific requirements. In addition, Archer helps Garda manage compliance with SOX, GLBA, PCI, Bank Secrecy Act, Anti-Money Laundering, Red Flag Rules and the ISO 27001 and COBIT security best-practice frameworks.

"Forward-thinking companies like Garda are setting the standard among their peers in protecting customer data and complying with stringent regulations. The Archer team is pleased to support Garda's IT-GRC program with our integrated solution suite," said Jon Darbyshire, Archer CEO. "We've seen increasing adoption of our solutions and rising demand for our SaaS offering as more organizations seek technology solutions that are easy to implement and allow them to better manage GRC challenges as risks increase and budgets shrink."

About Garda

Garda (TSX: GW), one of the largest integrated physical security and cash logistics firm worldwide on an annualized revenue basis, is well known for addressing complex security and investigations issues. As a leading provider in security services, Garda is recognized as one of the fastest growing companies with operations across Canada, the United States, Latin America, Europe, the Middle East, Africa, and Asia. With approximately 45,000 dedicated professionals, Garda offers integrated solutions in cash logistics, physical security, global risk consulting and pre-employment screening. Its team includes specialists and some of the most highly qualified and best-trained experts in the industry. For more information, visit: http://www.gardaglobal.com, http://www.gardacashlogistics.com and http://www.garda-world.com.

About Archer Technologies

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

Archer's out-of-the-box solutions, including Policy, Risk, Compliance, Enterprise, Incident, Vendor, Threat, Business Continuity and Audit Management, are built on the flexible Archer SmartSuite Framework™, allowing clients to tailor the solutions according to their unique requirements. Whether deployed on-premise or via Archer's SaaS model, the Framework has become a go-to GRC platform for many global organizations.

Archer is the only vendor that delivers the Archer E-GRC Ecosystem™ comprised of out-of-the-box solutions, a flexible Framework, a robust user community, and an application and partner exchange, which provides clients the tools they need to build a best-in-class enterprise GRC program. For more information, visit www.archer.com or call 1-888-539-EGRC.

Contact Information

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    Erica Camilo
    BluePoint Venture Marketing for Archer Technologies
    781-861-7800
    Email Contact