Protiviti Governance Portal Extends Momentum in GRC Market

Success Driven by Strength in Market Spending on Internal Audit, Risk Management and Multi-Regulatory Compliance Software

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Protiviti

Mar 23, 2010, 01:00 ET

MENLO PARK, Calif., March 23 /PRNewswire/ -- Protiviti Inc., a global business consulting and internal audit firm, announced increased demand for its Governance Portal in the past year, as a result of global companies' greater focus and spending on internal audit, risk management and multi-regulatory compliance software.

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"The governance, risk and compliance software market continues to evolve and expand, particularly outside of the U.S., and Protiviti continues to enhance and extend the Governance Portal to meet existing and future client requirements for GRC," said Scott Gracyalny, managing director and global lead of Protiviti's Risk Technology Services group. "Even in this challenging economic climate, we have seen increased customer installations in the areas of internal audit, risk management and multi-regulatory compliance. We hope to see these trends continue this year as global companies enhance or extend their GRC management infrastructures."

Growth

Protiviti gained key wins in Japan, France, Mexico and the Middle East (in Saudi Arabia and Oman), as well as in the consumer products and government sectors.
The company expanded its development and support operations in India.

Industry Recognition

In the last several months, Protiviti received industry recognition including:

Positioned as a "Visionary" in Gartner's August 2009 Magic Quadrant for Enterprise Governance, Risk and Compliance (EGRC) Platforms.
Rated as a "Strong Performer" in Forrester Research Inc.'s July 2009 Forrester Wave: Enterprise Governance, Risk, and Compliance Platforms, Q3 2009.

"We believe this industry recognition reflects our ongoing commitment and ability to anticipate and respond to the ever-changing GRC needs of our customers in a dynamic and rapidly changing business landscape," continued Gracyalny.

Products

Protiviti also introduced the first product in its new Governance Portal for Information Technology series: a security solution to mitigate data security risks and avoid costly data breaches and reputation damage. The new security solution enables companies to determine whether their existing security control environments meet various international regulations and standards, including EU Data Directive, ISO 27001, PCI DSS, GLBA, HIPAA, AICPA GAPP and PIPEDA.

The Governance Portal is an industry-leading enterprise GRC software platform that allows organizations to address multiple GRC objectives. It integrates Protiviti's proprietary content and consulting expertise with commonly accepted governance frameworks to establish a comprehensive platform that gives organizations the visibility and insight they need to manage and mitigate critical risk and compliance issues.

About the Magic Quadrant

The Magic Quadrant is copyrighted 2009 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Protiviti

Protiviti (www.protiviti.com) is a global business consulting and internal audit firm composed of experts specializing in risk, advisory and transaction services. The firm helps solve problems in finance and transactions, operations, technology, litigation, governance, risk, and compliance. Protiviti's highly trained, results-oriented professionals provide a unique perspective on a wide range of critical business issues for clients in the Americas, Asia-Pacific, Europe and the Middle East.

Protiviti has more than 60 locations worldwide and is a wholly owned subsidiary of Robert Half International Inc. (NYSE: RHI). Founded in 1948, Robert Half International is a member of the S&P 500 index.

Protiviti is not licensed or registered as a public accounting firm and does not issue opinions on financial statements or offer attestation services.

SOURCE Protiviti