Agiliance, a provider of IT governance, risk, and compliance software solutions, has announced the availability of its latest product, RiskVisionTM 4.0, to help companies cut compliance costs while improving oversight of risk-management initiatives.

Enhancements to the product were specifically designed to address the perfect storm of pressures today’s companies are facing. Such enhancements include:

• Automation capabilities to help ease compliance burden and lower cost of compliance and internal audits by as much as 80 percent;
• More connections to network and information security infrastructure and advanced tools to optimize and measure risk and compliance programs;
• Quick-start applications, executive dashboards, and cutting-edge wizards;
• Roles-based views so risks can be effectively communicated across the organization; and
• Advanced risk modeling capabilities and “what if” scenarios to help businesses proactively assess the impact of risk mitigation decisions before costly actions are taken.

“In times of crisis and down economies, opportunistic attackers try to take advantage of the situation. Therefore, incident and risk management becomes even more critical for government agencies to ensure business continuity and public trust,” said Fred Sargeson, general manager, NIC Arizona Information Division. “Agiliance is one of the solutions we use in Arizona as part of our overall effort to take an ‘always on,’ proactive stance to security and risk so that we can stay ahead of evolving threats and preserve confidence in government services.”