March 21, 2013
Thomson Reuters Positioned As Category Leader In Chartis RiskTech Quadrant™ For Enterprise Governance, Risk And Compliance Systems
LONDON – Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, announced it has been positioned as category leader in the Chartis RiskTech Quadrant™ for Enterprise Governance, Risk and Compliance Systems, with specific reference to its strengths in Financial Services.
Chartis, a research and advisory firm that provides technology and business advice to the global risk management industry, analyzed a range of governance, risk and compliance solutions for their completeness of offering and market potential, and positioned Thomson Reuters Accelus Enterprise GRC as category leader in the market-space.
Thomson Reuters Accelus combines powerful technology with trusted regulatory and risk intelligence to deliver comprehensive governance, risk and compliance solutions that provide an organized view of risk to help organizations connect regulatory obligations with business goals, manage their risk exposure and drive innovation and success. The solution’s breadth of functional capabilities including reporting, usability, configurability, and actionable risk and compliance content all rated highly in Chartis’s assessment, as did Thomson Reuters existing customer base, global footprint, size and financial stability and growth strategy.
In their vendor report, Chartis highlights a number of leading practices from Thomson Reuters, stating: “Purpose built to address the diverse requirements of internal assurance professionals, the Accelus Enterprise GRC platform provides dynamic functionality that enables organizations to take a connected approach to GRC. Designed as a comprehensive platform, the solution helps to break down the walls between audit, risk and compliance groups and provides considerable value when organizations deploy the software across the enterprise.”
The Enterprise GRC solutions landscape has become increasingly competitive as organizations face heightened pressure to strengthen their GRC processes and real-time risk intelligence against a backdrop of economic uncertainty. The Chartis RiskTech Quadrant™ provides a transparent and independent scoring system for ranking risk technology vendors based on in-depth independent research. The aim of the report is to bring clarity to the marketplace, empowering organizations to select a robust technology solution which is not only suited to their implementation strategies but also fulfils key business needs and provides competitive advantage.
“Our recognition as a category leader and for our strengths in financial services in the Chartis RiskTech Quadrant™ reflects our continued commitment to delivering market leading solutions that clearly serve the needs of our customers,” said Mark Schlageter, managing director, Governance, Risk and Compliance, Thomson Reuters. “With the steady increase in regulatory oversight and focus on audit, risk and compliance, many organizations are looking to acquire solutions that transform compliance into an opportunity to add value. Thomson Reuters enables customers to efficiently and effectively manage the increasing complexity of their GRC business processes whilst accelerating business growth.”
Thomson Reuters Governance, Risk & Compliance business dynamically connects business transactions, strategy and operations to the ever-changing regulatory environment, enabling firms to manage business risk. Thomson Reuters Accelus is a comprehensive suite of solutions specifically built to address the governance, risk and compliance challenges faced by the boardroom, and its legal, compliance, audit and risk management professionals.
In addition to the Enterprise GRC solution, the Accelus suite brings together market-leading solutions for global regulatory intelligence, financial crime, anti-bribery and corruption, enhanced due diligence, training and e-learning, and board of director and disclosure services.
A copy of the Thomson Reuters Vendor Highlight Report and Chartis RiskTech Quadrant™, can be downloaded at: www.accelus.com/ChartisRiskTechQuadrant.
Thomson Reuters is the world's leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial and risk, legal, tax and accounting, intellectual property and science and media markets, powered by the world's most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs approximately 60,000 people and operates in over 100 countries. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges. For more information, go to: http://thomsonreuters.com
About Chartis Research
Chartis is the leading provider of research and analysis on the global market for risk technology. Its goal is to support enterprises as they drive business performance through better risk management, corporate governance and compliance. Chartis helps clients make informed technology and business decisions by providing in-depth analysis and actionable advice on virtually all aspects of risk technology.
Chartis Research is authorized and regulated by the Financial Services Authority (FSA) for providing investment advice - (www.chartis-research.com).