SOURCE: Oracle Corporation

Oracle Corporation

September 23, 2009 08:00 ET

Oracle Named a Leader in Magic Quadrant for Enterprise Governance, Risk and Compliance Platforms by Leading Analyst Firm

REDWOOD SHORES, CA--(Marketwire - September 23, 2009) - Oracle (NASDAQ: ORCL)

News Facts

  • Gartner, Inc. has placed Oracle in the Leaders Quadrant in its 2009 report "Magic Quadrant for Enterprise Governance, Risk and Compliance Platforms."*
  • This Gartner Magic Quadrant provides guidance for organizations that are seeking to purchase, replace or upgrade their technology solutions "to support the oversight and operation of enterprisewide risk management and compliance programs." It positions vendors based on their completeness of vision and ability to execute.
  • According to Gartner, "Leaders have proven GRC functionality in all four primary GRC management (GRCM) functions -- audit management, compliance management, risk management and policy management -- and they have executed across several industries with support for multiple professional roles."
  • Gartner defines EGRCM as "the automation of the management, measurement, remediation, and reporting of controls and risks against objectives, in accordance with rules, regulations, standards and policies."
  • Oracle provides an enterprise GRC platform that integrates business intelligence, GRC process management, and automated controls enforcement to enable and align risk and compliance management. The Oracle GRC platform consists of Oracle® Fusion Governance, Risk, and Compliance Intelligence, Oracle Enterprise Governance, Risk, and Compliance Manager, Fusion Edition, Oracle Governance, Risk, and Compliance Application Controls, and Oracle Governance, Risk, and Compliance Technology Controls and supports organizations' financial governance, enterprise risk management, IFRS, IT GRC management and environmental sustainability initiatives.

Supporting Quote

"Oracle is pleased to be recognized by Gartner as a Leader in its Governance, Risk and Compliance Magic Quadrant," said Chris Leone, group vice president of Oracle applications development. "With our unparalleled ability to innovate and our continued commitment to providing a comprehensive GRC platform, we believe that Gartner's recognition emphasizes our unique capability to combine best-in-class GRC capabilities with integrated analysis for compliance and risk-based process management and embedded and contextual controls. With the Oracle Governance, Risk, and Compliance Suite, organizations can improve their GRC processes by managing regulatory requirements, increasing visibility as well as anticipating, mitigating and responding to risk concurrently."

Supporting Resources

About the Magic Quadrant

The Gartner Magic Quadrant is copyrighted 2009 by Gartner, Inc., and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

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*Gartner "Magic Quadrant for Enterprise Governance, Risk and Compliance Platforms," by French Caldwell, Tom Eid, Carsten Casper, August 12, 2009

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