Deloitte and CMO COMPLIANCE Announce Strategic Alliance

Strategic relationship will help to better serve governance, risk and compliance needs of consumer businesses to address food safety & quality challenges

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Deloitte

Nov 05, 2012, 10:04 ET

NEW YORK, Nov. 5, 2012 /PRNewswire/ -- Deloitte and CMO COMPLIANCE™ (CMO), a leader in enterprise governance, risk and compliance (eGRC) software solutions, today announced an alliance to provide solutions to consumer product, food service, retail and distribution companies by combining the strategic risk advisory experience of Deloitte with the software platform provided by CMO COMPLIANCE.

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Deloitte's alliance with CMO focuses on the CMO eGRC platform that contains a full suite of modules based on leading global practices to facilitate risk management. CMO's flexible, cloud-based mobile solutions can be configured without the need for time-consuming software development. CMO's success can be attributed to its use of intuitive interfaces and the latest technologies. Addressing the increasingly complex risks in critical areas of food safety & quality, vendor governance, regulatory compliance and the overall integration of these areas with business performance requires deep consulting knowledge and a powerful software platform, which is the goal of the alliance.

"This strategic alliance helps accelerate Deloitte's speed to execution and allows us to efficiently conduct food safety and quality assessments around the globe while providing real-time monitoring and reporting of results. CMO, through this alliance, significantly enhances its ability to help clients strategically transform operations to facilitate food & product safety improvements throughout the value chain,", said James Cascone, principal at Deloitte & Touche LLP and national leader of Deloitte's food & product safety practice.

Deloitte and CMO have already worked together on a number of implementations, with very positive results. Both organizations are recognized as global leaders in their field.

CMO, with global headquarters in London, was recognized by Gartner as being a visionary provider of eGRC platform in their October 2012 report: 2012 Gartner Magic Quadrant for Enterprise Governance, Risk and Compliance (GRC) Software Platforms. CMO's solid global support and sales organization complements Deloitte's global presence, and includes a mobile platform.

About CMO COMPLIANCE

CMO COMPLIANCE is a recognized market leader in enterprise governance, risk, compliance and quality software solutions for global corporations and regulators. CMO COMPLIANCE solutions are used by leading corporations and regulators such as Barrick Gold, ISS, Orica, Liberty Mutual, Owens Corning, AXA Bank, McCormick, Xstrata and Philip Morris in a range of industries including Financial Services, Food, Energy and Mining, Oil & Gas to manage their GRC processes, regulatory and industry-mandated compliance and corporate governance initiatives. Further information is available at www.cmo-compliance.com

About Deloitte's Food & Product Safety practice

Food and product safety has become a critical area of concern for consumers, government regulators, and the companies whose success depends on the trust and confidence of their consumers. From increased regulatory requirements and heightened public awareness to growing consumer unease with threats against the food supply and quality of products, companies cannot risk ignoring this important challenge. Deloitte's Food & Product Safety practice of operations and supply chain specialists provides science and engineering-based advisory services in the United States and globally through member firms of Deloitte Touche Tohmatsu Limited.

As used in this document, "Deloitte" means Deloitte & Touche LLP, a subsidiary of Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.

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SOURCE Deloitte