SOURCE: QUMAS

QUMAS

August 11, 2009 10:16 ET

Independent Research Firm Cites QUMAS as Strong Contributing Factor in Thomson Reuters Being Named a Leader in Most Recent Government, Risk, and Compliance Platform Market Evaluation

CORK, IRELAND--(Marketwire - August 11, 2009) - QUMAS, a leading provider of Regulatory Compliance Solutions, today announced that is has been described by Forrester Research as the catalyst for the "strong improvement in policy and procedure management" scores achieved by Thomson Reuters in the "Forrester Wave™: Enterprise Governance, Risk and Compliance Platforms, Q3 2009," an independent report released on July 1, 2009.

Forrester evaluated the strengths and weaknesses of the 14 top enterprise GRC platform vendors, grading the technology providers on a total of 80 metrics based on a detailed questionnaire, customer interviews, in-depth product demonstrations and strategy briefings.

"Forrester conducts an extremely rigorous evaluation of vendors for the Enterprise GRC Wave, so I am delighted that the Thomson Reuters GRC Suite, with the embedded Compliance Solution from QUMAS, has been named as one of the leading solutions in the marketplace," said Kevin O'Leary, CEO of QUMAS.

In the report, Forrester writes of QUMAS: "The Paisley GRC solution earned solid scores across all current offering categories, with especially strong improvement in policy and procedure management due to its OEM relationship with leading compliance management vendor QUMAS."

The QUMAS compliance management solution provides Advanced Lifecycle Management for all document types and lifecycle phases, including Create, Edit, Review, Approve, Distribute, and Retire. The web-based collaborative review and authoring with Role Based Electronic Signatures ensure that the meaning of signatures match user intent and the Audit Trail captures more then 270 auditable events, which can be exported or printed for regulatory agency review.

About QUMAS

QUMAS is the leader in Enterprise Regulatory Compliance Solutions with more than 250 customers deployments and over 15 years experience in highly regulated industries. For more information visit http://www.qumas.com.

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