SOURCE: Paisley

June 13, 2007 09:00 ET

Paisley Joins Data Governance Council Formed by IBM

MINNEAPOLIS, MN--(Marketwire - June 13, 2007) - Paisley, the leading provider of governance, risk and compliance (GRC) software solutions, today announced that it has joined the IBM Data Governance Council. The group was formed by IBM in 2005 along with dozens of leading corporations, institutions and technology solution providers in a global effort to develop a "blueprint" of common solutions for challenges that apply to security, privacy, trust and corporate compliance issues.

Data Governance is the process by which companies govern appropriate access to their critical data by measuring operational risk and controlling security exposures. The Data Governance Council is working to redefine the management of data governance policy, the impact of policy on business processes and practices, and the enforcement of policy in IT infrastructure, information management and organizational behavior. Members of the Council are collaborating on ways to address these issues using IBM and business partner solutions and concepts.

"We are pleased to help drive the industry forward by contributing our expertise to the Data Governance Council," said Tim Welu, CEO of Paisley. "Paisley's mission of enabling companies to unite corporate governance processes to better manage risks across the enterprise provides great synergy with the Council's efforts. We welcome the opportunity to participate in this very important cross-industry initiative."

Customers around the globe have deployed Paisley's governance, risk and compliance solutions to integrate their business governance initiatives. The company's next-generation software solutions include Paisley Enterprise GRC™, a complete governance, risk and compliance solution for large enterprise customers, and GRC on Demand™, a comprehensive governance, risk and compliance solution delivered via a Software as a Service (SaaS) model.

For more information on the Data Governance Council, visit

About Paisley

Paisley is an industry-leading software vendor that provides solutions for governance, risk and compliance including financial controls management, internal audit, operational risk management, compliance, IT governance and enterprise risk management. For more than a decade, Paisley has delivered superior software and services to both large enterprise and mid-market organizations. Governance, risk and compliance software has always been and continues to be the company's focus.

Leveraging industry best practices, standards-based technology, and a choice of software platforms and deployment options, Paisley customers are empowered to improve the accuracy, consistency and efficiency associated with internal audit, financial controls management, enterprise risk management, operational risk management, IT governance and compliance initiatives. Developed for companies of every size and across multiple industries, Paisley's solutions enable organizations to streamline governance, risk and compliance processes, reduce costs of compliance, manage and mitigate risks, and provide visibility, oversight and assurance.

For more information, call 320.286.5870, email or visit

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