Protiviti Receives "Positive" Rating in MarketScope for Global Enterprise Risk Management Consulting Services

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Sep 24, 2012, 01:00 ET

MENLO PARK, Calif., Sept. 24, 2012 /PRNewswire/ -- Protiviti (www.protiviti.com), a global consulting firm, has received a "Positive" rating from Gartner, Inc. in the MarketScope for Global Enterprise Risk Management Consulting Services [1]. Protiviti is one of six global consulting firms that Gartner evaluated in the report, which assesses each firm's enterprise risk management (ERM) consulting capabilities in order to help organizations identify and evaluate the right consultants to support the development of their ERM programs.

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According to the report, "While organizations can purchase specialized ERM consulting services for a single focus area (such as operational risk or IT risk), there is emerging demand for developing holistic, integrated approaches to risk management in support of business performance. In addition, organizations may seek to reduce compliance costs by pursuing a risk-based, multiregulatory approach to compliance that incorporates myriad government regulations, industry-specific rules and standards into a single cross-enterprise compliance program."

"Having a comprehensive, enterprisewide view of an organization's risk is a requirement in today's complex, highly regulated business environment," said James Pajakowski, executive vice president, global services, Protiviti. "We believe Protiviti's positive rating in Gartner's MarketScope for Global Enterprise Risk Management Consulting Services is a reflection of our ability to help clients develop and maintain this comprehensive, enterprisewide view as a critical step in fully aligning risk management with the core processes for delivering long-term business performance."

The Gartner report further explains that the "market for ERM consulting services is driven by board- and senior-executive-level concerns about business uncertainty, including business risks and regulatory compliance. Risks have yet to be fully understood at the middle and lower management level, which provide opportunities for consulting firms to help their clients to bridge this gap. The consulting firms evaluated all have significant capabilities to deliver ERM services, and most of them have a mature understanding of risk and the relationship of risk to business objectives."

As part of Protiviti's Enterprise Risk Management (ERM) practice, Protiviti helps organizations implement a practical approach to ERM that is integrated with existing management processes, with the goal of providing an enterprise-wide view of risk, improving information for decision-making, reducing the risk of costly surprises and positioning risk management as a differentiating skill to enable companies to become an early mover as new opportunities and risks arise in the marketplace. Protiviti works with companies to design, implement and maintain effective capabilities to manage their most critical risks and address cultural and other organizational issues that can compromise those capabilities. Protiviti also helps with the evaluation of technology solutions for reliable monitoring and reporting.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

[1] Gartner "MarketScope for Global Enterprise Risk Management Consulting Services" by Jacqueline Heng and John Wheeler, September 6, 2012.

About Protiviti Inc.

Protiviti (www.protiviti.com) is a global consulting firm that helps companies solve problems in finance, technology, operations, governance, risk and internal audit. Through its network of more than 70 offices in over 20 countries, Protiviti has served more than 35 percent of FORTUNE^® 1000 and Global 500 companies. The firm also works with smaller, growing companies, including those looking to go public, as well as with government agencies.

Protiviti 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