SOURCE: Agiliance

Agiliance

February 25, 2010 13:06 ET

Highmark Deploys Agiliance GRC Solution to Reduce the Cost of Compliance

Leading Health Insurer Leverages Best-in-Breed GRC Technology to Automate Compliance Processes for HITRUST and DIACAP

SAN JOSE, CA--(Marketwire - February 25, 2010) -  Agiliance Inc., the leading independent provider of integrated Governance, Risk and Compliance (GRC) solutions, today announced that Highmark, Inc., a leading health insurer, is deploying the Agiliance RiskVision™ platform to automate the compliance process, reduce audit costs and ensure Highmark meets strict healthcare industry mandates for HITRUST, HIPAA, and DIACAP

The Agiliance RiskVision platform delivers a fully integrated suite of best-in-breed GRC solutions, providing organizations with continuous visibility into their risk and compliance process. By leveraging Agiliance GRC technology, organizations can define and manage policies, automate compliance and risk assessments, and simplify compliance reporting -- all while increasing efficiencies and reducing redundancies. As one of the nation's largest healthcare organizations, Highmark is subject to regulatory and contract compliance mandates. Highmark has also chosen to adopt the HITRUST Common Security Framework (CSF) to further achieve scalability with its information security program.

"As a leading health insurer, we are subject to both regulatory and contract compliance requirements from the government, such as HIPAA, HITECH, PCI, Red Flags, DIACAP, DoD Checklists, NIST SP 800-53, and FISMA. This creates a high compliance burden on our organization's processes and resources," said Al Lebiednik, manager of regulatory compliance at Highmark, Inc. "By implementing the Agiliance GRC Solution, we aim to reduce cost and improve program scalability by leveraging automation and remove redundancy across compliance mandates."

Agiliance RiskVision is the industry's first out-of-the-box, fully-integrated enterprise GRC platform. By leveraging the power of RiskVision, businesses can quickly gain value from their governance, risk, and compliance efforts with fewer audit failures, improved resource utilization, and enhanced visibility into the organization's risk and compliance postures. The purpose-built platform includes seven GRC applications: Compliance Manager, Enterprise Risk Manager, Policy Manager, Vendor Risk Manager, Incident Manager, Privacy Manager, Threat and Vulnerability Manager. Implemented using an agile, scalable approach, RiskVision offers innovative technologies such as a Common Control Framework, an Assessment Automation Engine, a Risk Aware Asset Database and Key Risk Indicator Dashboards. These essential technologies have been optimized for simplified integration for companies who want to deploy a scalable GRC program using a continuous, risk-centric approach.

"Implementing a successful and cost-effective security strategy to meet compliance regulations can be a time-consuming task for healthcare organizations," said Daniel Nutkis, Chief Executive Officer, HITRUST. "GRC solutions such as Agiliance RiskVision can aid organizations in simplifying the process of complying and reporting against the HITRUST CSF, resulting in greater efficiencies and confidence."

If you are attending HIMSS and would like to schedule a live demonstration of the Agiliance RiskVision GRC solution, please contact Joe Austin at (818) 591-2646 or Joe.Austin@ventanapr.com. Agiliance will be conducting on-site meetings and demonstrations at HIMSS in Booth #9155.

About Agiliance
Agiliance (www.agiliance.com), founded in 2005, is a leading independent provider of enterprise Governance, Risk and Compliance (GRC) solutions. The Agiliance GRC solution enables organizations to manage their IT and operational risks more effectively, while reducing the cost of meeting compliance mandates. Agiliance RiskVision™ is a fully integrated suite of GRC solutions, delivered on a purpose-built GRC technology platform. Global Fortune 5000 companies leverage Agiliance's award-winning technologies to address increasingly stringent GRC requirements and complex security threats. The Agiliance RiskVision platform offers an agile, modular approach to deploying GRC so that customers can meet mounting requirements. RiskVision has received the highest rating of "Strong Positive" in the latest Gartner MarketScope for IT-GRCM, as well as the highest rating of "Leader" in the latest Forrester Wave for IT Risk and Compliance Software. With strong backing from leading technology venture funds, Agiliance has established a premiere market position and has set a strong track record of production innovation in GRC.

About Highmark
As one of the leading health insurers in Pennsylvania, Highmark Inc.'s mission is to provide access to affordable, quality health care enabling individuals to live longer, healthier lives. Based in Pittsburgh, Highmark serves 4.8 million people through the company's health care benefits business. Highmark contributes millions of dollars to help keep quality health care programs affordable and to support community-based programs that work to improve people's health. Highmark exerts an enormous economic impact throughout Pennsylvania. A recent study states that Highmark's positive impact exceeded $2.5 billion. The company provides the resources to give its members a greater hand in their health. For more information, please visit www.highmark.com

Contact Information

  • Contact Information:
    Joe Austin
    Ventana Public Relations
    818-591-2646
    Email Contact