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GRC Announcements

Compliance Week regularly tracks announcements and developments in the GRC space, from product releases to surveys and studies. Please submit announcements to Compliance Week's Jaclyn Jaeger. Also, don't forget to check out Jaclyn's Scuttlebutt blog of personnel announcements.

Technology Consortium Develops Anti-Bribery Tool

April 15, 2014

In conjunction with Hiperos and Thomson Reuters, the Global Technology Distribution Council, an industry consortium representing technology distributors, has launched an anti-bribery/anti-corruption due diligence platform to help mitigate third-party risks. Details inside.

TSYS Partners With Oversight Systems

April 14, 2014

TSYS, a processor of merchant acquirers and bank credit card issuers, this month announced an agreement with Oversight Systems to provide an automated monitoring and analysis solution to help corporate purchasing professionals detect and eliminate fraud, policy misuse, and waste within their card programs.

BrandProtect Launches bankSMART to Help Financial Firms Mitigate Social Media Risk

April 08, 2014

BrandProtect, a provider of Internet risk detection and threat mitigation solutions, this week announced the launch of bankSMART, specifically tailored for financial institutions subject to the Federal Financial Institutions Examination Council's "Social Media: Consumer Compliance Risk Management Guidance." Details inside.

Actiance Facilitates Employee Engagement on Social Networks

April 02, 2014

Actiance, a provider of compliance, security, archiving and e-discovery for business communications, has broadened its offering for Socialite, designed to help make social networks available to professionals virtually anywhere, any time.

Duff & Phelps Opens New Office in Spain

March 21, 2014

Duff & Phelps, a global valuation and corporate finance adviser, has opened a new office in Madrid, Spain. Managing Director Javier Zoido will serve as country leader for the new office. Details inside.

IBM's Launches Software and Consulting Service to Fight Financial Fraud

March 21, 2014

IBM has introduced new software and services to help organizations use Big Data and Analytics to address the $3.5 trillion lost each year to fraud and financial crimes. Through sophisticated business expertise and analytics, organizations can take a holistic approach to address the financial losses caused by fraud.

Infobelt Releases Orion 2.0 Information Lifecycle Management and Data Archiving Solution

March 21, 2014

Infobelt, a provider data archiving and governance solutions, has released Version 2.0 of its Orion information lifecycle management and data archiving solution. At its core, Orion enables companies to create compressed, encrypted artifacts from both structured and unstructured data. Details inside.

Merrill Offers Clients Custom Version of Rivet Crossfire Disclosure Management Software

March 21, 2014

Merrill, a global provider of technology-enabled services for the financial, legal, healthcare and other corporate markets, has entered into an agreement that provides Merrill with its own custom and internally managed version of the SEC disclosure management platform Crossfire, developed by Rivet Software.

Thomson Reuters Launches Know-Your-Customer Service

March 21, 2014

Thomson Reuters this week launched a new solution to support financial institutions and their clients to increase efficiency and reduce costs in complying with know-your-customer requirements.

Thomson Reuters Integrates UltraTax CS Tax Prep Software With AdvanceFlow

March 19, 2014

Thomson Reuters has announced new integration between its UltraTax CS tax prep software and its AdvanceFlow cloud-based engagement management software. The first-of-its-kind functionality brings integrated, enterprise-level tax prep and audit management capabilities to the cloud.

Former SEC Commissioner Joins PwC

March 19, 2014

Troy Paredes, a former Commissioner at the Securities and Exchange Commission, has joined PwC U.S. as a senior strategy & policy adviser in the firm's financial services regulatory practice.

Vestar Capital Partners to Acquire Institutional Shareholder Services

March 19, 2014

Institutional Shareholder Services, a provider of corporate governance solutions to the global financial community, this week announced that its parent company, MSCI, has entered into a definitive agreement with Vestar Capital Partners to acquire ISS for $364 million.

Software AG Unveils Its Latest Market Surveillance Solution

March 17, 2014

Software AG has unveiled the latest addition to its Apama market surveillance solution with alerts to identify FX (Foreign Exchange) market manipulation and benchmark fixing.

New Information Security Policy Templates Now Available

March 14, 2014

Companies now have a solution at their fingertips where they can immediately access information security policy templates, with examples and samples of IT policies, at

Actiance, Shoutlet Partnership Provides Companies With Compliant Social Marketing

March 12, 2014

Actiance, a provider of end-to-end social business governance for the enterprise, and Shoutlet, an independent cloud-based social relationship platform provider, has announced a partnership that integrates Shoutlet's social marketing capabilities with Actiance Socialite, and its governance platform.

Actiance Tool Gives Employers Control Over Employee Access to Social Networks

March 12, 2014

Actiance, a provider of end-to-end social business governance for the enterprise, has announced availability of Socialite Feature Control, a new licensing option for Socialite, which lets organizations to mitigate risk so that their workforce can listen to social conversations on Facebook, LinkedIn, and Twitter. Details inside.

Tableau and Splunk Announce Strategic Technology Alliance

March 12, 2014

Splunk, a provider of software platforms for real-time operational intelligence, has announced a strategic alliance with business analytics software provider, Tableau Software, to leverage the power of advanced visual analytics and real-time machine data. Details inside.

AvePoint, IAAP Launch New Privacy Impact Assessment Solution

March 07, 2014

AvePoint, an enterprise-class Big Data management, governance, and compliance software solutions provider, has joined forces with the International Association of Privacy Professionals to launch the AvePoint Privacy Impact Assessment solution. The IAPP will be the exclusive distributor of APIA to the global privacy community. Details inside.

AvePoint Releases Compliance Guardian

March 07, 2014

AvePoint, a provider of enterprise-class Big Data management, governance, and compliance software solutions, has released AvePoint Compliance Guardian Service Pack (SP) 2, enabling organizations to establish an effective compliance and risk management process to ensure that information is available and accessible to the people who should have it, and protected from the people who should not.

Loeb & Loeb Launches FDA Regulatory and Compliance Practice

March 07, 2014

Loeb & Loeb has launched a new FDA Regulatory and Compliance practice, which serves health and life sciences clients engaged in the manufacturing, marketing, or distribution of FDA-regulated products. Details inside.

PwC Adds Cybersecurity Expert to U.S. Advisory Practice

March 07, 2014

MacDonnell "Don" Ulsch has joined PwC as a managing director in the firm's U.S. advisory practice. Ulsch will focus on helping clients investigate, mitigate, prevent and respond to cyber-crime and data breach incidents. Details inside.

NextLOGiK Launches Online Platform to Self-Administer Compliance, Quality Management

March 07, 2014

Technology company NextLOGiK has launched CompWALK, a mobile-ready, online software platform that allows organizations in all industries to measure compliance with regulations, industry standards, and corporate benchmarks.

Woolworths Selects MetricStream for Supply Chain Management

March 07, 2014

Retail chain Woolworths has implemented MetricStream's Sustainability Performance Management Solution to capture and measure sustainability metrics and indicators around energy, water, soil, and waste management. The solution also will help Woolworths monitor supplier compliance with sustainability guidelines, and optimize the performance of the company's sustainability projects and initiatives. Details inside.

PwC Acquires Minnesota Privacy Consultants

March 04, 2014

PwC U.S. this week announced that it has acquired the assets of Minnesota Privacy Consultants, including the company's privacy professionals and network.

Integreon Appoints Head of Compliance Services

March 03, 2014

Integreon, a provider of outsourced legal, document, research, and business support, has appointed Laurel Lichty as vice president of compliance services. In this role, Lichty will be responsible for leading the expansion and delivery of Integreon's compliance services within its legal process outsourcing business.

Safe-T Releases New Data Exchange Platform

March 03, 2014

Safe-T, a provider of secure data exchange solutions, has released its next-generation data exchange platform, Safe-T Box 5.0, which now includes more comprehensive protection of sensitive data. Details inside.

Oversight Systems Releases Cloud-Based Travel and Expense Trend Analysis Solution

February 21, 2014

Oversight Systems this week announced the release of Oversight Connector for Concur, an integrated cloud-based travel and expense trend analysis solution built on the T&E Cloud Platform with Concur, a provider of cloud-based travel and expense management solutions. Details inside.

Glassbeam Enters Into OEM Agreement With Hitachi Data Systems

February 20, 2014

Glassbeam, a machine data analytics company, announced that it has entered into an original equipment manufacturer (OEM) agreement with Hitachi Data Systems Corporation (HDS).

ARMA International Launches Information Governance Assessment

February 20, 2014

ARMA International launched this week its Information Governance Assessment, a software platform that organizations can use to identify information-related compliance risks across the enterprise, drive improvements, and develop metrics for measuring information governance program maturity. Details inside.

Redbooth Partners With Barracuda Networks

February 18, 2014

Redbooth (formerly Teambox), a collaboration and communication platform, today announced a partnership with Barracuda Networks, a cloud-connected security and storage solutions provider, to integrate Barracuda's Copy and SignNow within its unified collaboration platform for teams and companies.

FTI Consulting Launches Ringtail Version 8.4

February 18, 2014

Global business advisory firm FTI Consulting has announced that its FTI Technology business segment has launched Version 8.4 of its Ringtail e-discovery software, which will be available to users in March 2014.

Recommind Releases New e-Discovery Tool Axcelerate 5

February 18, 2014

Recommind has released Axcelerate 5, providing users with a completely redesigned interface, new analytics, visualization tools, and streamlined, flexible workflows to simplify the e-discovery process. Details inside.

ParenteBeard and Invotex Join Forces

February 18, 2014

Accounting firm ParenteBeard and consulting firm Invotex have joined forces. Details inside.

Exterro Launches Fusion Employee Monitor

February 14, 2014

Exterro, a provider of workflow-driven e-discovery software, unveiled Fusion Employee Monitor, its newest application designed to mitigate the risk of corporate data spoliation caused by employment changes. Details inside.

Kroll Ontrack Integrates Relativity into Platform

February 10, 2014

Kroll Ontrack, a provider of e-discovery and data recovery products and services, has added kCura's Relativity to its platform, alongside its Manage, Review, and Collect tools. Details inside.

New LexisNexis Tool Helps Legal Departments With Litigation Spend

February 05, 2014

LexisNexis Legal & Professional, a provider of content and technology solutions, has launched a new analytical tool that delivers law firm rate benchmarking data, enabling general counsel to anticipate the cost of potential litigation and make informed decisions on litigation strategy and spend.

NASDAQ OMX Launches New Risk Management Platform

February 03, 2014

The NASDAQ OMX Group and its Access Services have announced the availability of TradeGuard, a comprehensive solution for all levels of risk management and an expansion of the enterprise risk management platform formerly known as FTEN.

New AvePoint Tool Enhances Data Protection

February 03, 2014

AvePoint has announced the availability of DocAve Online Service Pack (SP) 3. This update features data protection, governance, and reporting enhancements designed to empower organizations to maintain the same level of protection and control over their cloud-based assets as they have with on-premises solutions.

Towers Watson Names Global Head of Executive Compensation Consulting Practice

January 31, 2014

Global professional services firm Towers Watson has named Mark Reid as global leader for its executive compensation consulting practice, effective Jan. 1, 2014.

Nardello & Co. Expands Global Investigation Practice

January 27, 2014

Nardello & Co, an international investigation firm, is extending its global reach with senior-level hires in Washington D.C., Hong Kong and Dubai, where its opening a new office. Details inside.

TRACE Opens New Southeast Asia Office in Manila

January 27, 2014

TRACE, a global provider of anti-bribery and third-party compliance solutions, has opened a new Southeast Asia office in Manila to meet the increasing demand for locally delivered anti-bribery compliance services from TRACE members and clients with operations in Asia.

CounterTack Releases Newest Threat Detection and Response Tool

January 10, 2014

CounterTack, a threat detection and solutions provider, has launched its next-generation endpoint threat detection and response platform, Sentinel, to help global companies regain control of their security against targeted, persistent threats. Details inside.

Terex Chooses Amber Road to Strengthen Compliance

January 10, 2014

U.S. industrial company Terex has chosen Amber Road, a provider of global trade management solutions (GTM), to centralize and automate management of its worldwide trade processes with its solution.

Towers Watson Canada Reshuffles Executive Compensation Leadership Team

January 10, 2014

Global professional services company Towers Watson has made some changes to its executive compensation leadership team in Canada. Details inside.

FircoSoft Releases Stripping Detection Solution

January 02, 2014

FircoSoft, a global provider of watch-list filtering solutions, announced last week the availability of its Stripping Detector solution, designed to identify resubmitted transactions and block stripped messages in real-time.

eGestalt Technologies Launches Aegify Risk Manager

December 26, 2013

eGestalt Technologies, a provider of cloud-based software-as-a-service (SaaS) solutions, has recently added a risk management module, Aegify Risk Manager, to its cloud-based SaaS Aegify Security Posture Management and Compliance solutions.

Citicom Solutions Partners With Tango Networks to Provide Mobile Voice Recording Solution

December 19, 2013

Citicom Solutions, a total communications business focused on financial services organizations globally, has partnered with Tango Networks, a mobile technology solutions provider, to deliver the first enterprise-wide voice recording solution to the financial industry. Details inside.

HiSoftware Security Sheriff Helps Prevent Breaches by Employees

December 17, 2013

HiSoftware, a provider of compliance and security solutions, has launched its newest solution, HiSoftware Security Sheriff, designed to help companies prevent the risk of breaches by employees. Security Sheriff offers multiple options for the secure exchange and viewing of sensitive and regulated Microsoft SharePoint and Windows Server File Shares content to ensure secure internal collaboration and sharing with third-party recipients.

LockPath Integrates Keylight Platform With McAfee Enterprise Security Manager

December 17, 2013

LockPath, a GRC solutions provider, has integrated its LockPath's Keylight platform with McAfee Enterprise Security Manager, a security information and event management solution. In combination with their existing McAfee Vulnerability Manager integration, customers now have additional intelligence to detect, correlate, and remediate threats.

Former ECOA Executive Director Joins Deloitte as Senior Advisor

December 17, 2013

Keith Darcy, former executive director of the Ethics & Compliance Officer Association, has joined Deloitte's governance, regulatory and risk strategies enterprise compliance practice as a senior advisor.
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