SOURCE: Paisley

July 08, 2008 14:29 ET

Paisley in Leaders Quadrant for Enterprise Governance, Risk, and Compliance Platforms

Evaluation Based on Completeness of Vision and Ability to Execute

MINNEAPOLIS, MN--(Marketwire - July 8, 2008) - Paisley, a leading provider of software for governance, risk and compliance (GRC), today announced that it has been positioned by Gartner, Inc. in the leaders quadrant in the "Enterprise Governance, Risk, and Compliance Platforms Magic Quadrant"(1) report.

The Magic Quadrant for Enterprise GRC Platforms "presents a global view of Gartner's assessment of the main software vendors that should be considered by organizations seeking a technology solution to support the oversight and operation of enterprise-wide risk management and compliance programs." According to the report, "the market for Enterprise GRC Platforms is evolving from a focus on regulatory compliance to include risk management, audit management, and policy management. It is dominated by best-of-breed vendors."

"We are honored to be recognized in the leaders quadrant. Paisley has always worked to deliver innovative and compelling internal audit, risk management, compliance, and policy management solutions that bring value to our customers," said Tim Welu, CEO Paisley. "We believe our placement in the leaders quadrant highlights the success of our recent innovations as well as our vision to provide a comprehensive enterprise governance, risk and compliance solutions."

Gartner's report evaluated Paisley on its ability to execute and its completeness of vision.

Paisley Enterprise GRC™ is a comprehensive audit, financial controls management, enterprise risk management, operational risk management, IT governance and compliance software solution purpose-built to address integrated governance, risk and compliance requirements.

About the Magic Quadrant

The Magic Quadrant is copyrighted June 30, 2008 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.

About Paisley -

Paisley is an industry leading provider of solutions for governance, risk and compliance (GRC) including comprehensive software solutions, training, and expert GRC professional services. The company's portfolio of software solutions includes Paisley Enterprise GRC™ and GRC on Demand™ which support the business processes of financial controls management, internal audit, operational risk management, compliance, IT governance, and enterprise risk management. Paisley GRC solutions are utilized by more than 1,400 large enterprise and mid-market organizations including 30% of the Fortune 500. For more information, call 320.286.5870, email info@paisley.ciom or visit

(1) Gartner Research “Magic Quadrants for Governance, Risk and Compliance Management Software” by French Caldwell and Tom Eid, June 30, 2008.

Contact Information

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