SOURCE: QUMAS

March 17, 2008 08:00 ET

QUMAS Exhibiting at SIFMA - Compliance & Legal Division's 40th Annual Seminar

QUMAS to Showcase Governance, Risk and Compliance Solution for Financial Services

JERSEY CITY, NJ--(Marketwire - March 17, 2008) - QUMAS, a leader in Enterprise Governance, Risk and Compliance (GRC) solutions, today announced that it is exhibiting at the SIFMA - Compliance & Legal Division's 40th Annual Seminar being held in Orlando, Florida at the Grande Lakes Resort on March 30th through April 2nd. QUMAS will be located in booth #17.

Today, financial services institutions are at a critical crossroad for defining, managing and defending their governance, compliance and risk management programs. The sub-prime mortgage crisis, record write downs, global credit tightening, reevaluation of capital adequacy and regulatory inquiries are pressing issues that challenge and exhaust compliance, risk and litigation resources.

The SIFMA - Compliance & Legal Division's Annual Seminar will address these issues with regulatory speakers, industry experts and educational programs that cover a wide range of compliance and regulatory topics within the securities industry. The seminar is attended by compliance and legal professionals from the United States and abroad, and features a rich offering of sessions and workshops to promote the exchange of information and professional development as well as provides a venue for these executives to seek new approaches with proven solutions and technology.

For more information on the SIFMA - Compliance & Legal Division's Annual seminar visit http://www.sifmacl.org/en/cev/?24.

QUMAS representatives will be in attendance to discuss how we're helping the leading financial services firms achieve greater certainty, productivity and business performance in their governance, risk and compliance management programs. Demos of the QUMAS GRC Suite™ will be conducted. The QUMAS GRC Suite is the first truly integrated GRC software solution available on the market. The QUMAS GRC Suite enables organizations to comprehensively integrate all of their GRC initiatives through a single, unified solution and delivers a highly scalable and configurable solution based on proven technology.

The QUMAS GRC Suite provides comprehensive risk management integrated with document and business process management, interactive dashboards and advanced reporting capabilities for real-time governance. The QUMAS GRC Suite allows organizations to model and assess their risk environment; actively manage documents and monitor processes in accordance with multiple compliance requirements and regulatory changes; as well as make proactive, risk-based decisions for better governance and improved business performance.

QUMAS was recently named a leader in the December 2007 Forrester Wave: Enterprise Governance, Risk and Compliance Platforms, Q4 2007. In the report Forrester stated: "With strong content management capabilities for its GRC platform, QUMAS is one of the clear favorites for addressing broad compliance needs. Recent moves to incorporate risk management capabilities give QUMAS an impressive overall GRC offering."

About QUMAS

QUMAS is the leader in Enterprise Governance, Risk and Compliance (GRC) with more than 250 customer deployments and over a decade of experience helping companies in highly regulated industries provide a proactive regulatory defense.

The QUMAS solution facilitates an informed, risk-based response to GRC challenges across the organization. QUMAS solutions channel and focus resources, providing better overall governance and predictability of business performance as well as meaningful reporting to stakeholders.

For more information visit http://www.qumas.com.

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