April 08, 2014
Thomson Reuters Again Ranked Category Leader in Chartis RiskTech Quadrant® for Enterprise Governance, Risk and Compliance Solutions
NEW YORK – Thomson Reuters, the world's leading source of intelligent information for businesses and professionals, today announced that it has again been ranked as category leader in the Chartis RiskTech Quadrant® for Enterprise Governance, Risk and Compliance Systems.
Chartis, a research and advisory firm which provides technology and business advice to the global risk management industry, evaluated more than twenty governance, risk and compliance vendors, basing findings on completeness of offering and market potential. Their RiskTech Quadrant is a transparent and independent scoring system for ranking technology vendors which employs a comprehensive ranking methodology based on in-depth independent research. Its clear scoring system gives an overview of the marketplace and allows an organization to select a technology solution which fulfills business needs and provides competitive advantage.
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' assessment, as did Thomson Reuters existing customer base, global footprint, size and financial stability and growth strategy.
"The focus of this study was enterprise GRC, looking at the technology, data and content assets required to provide a truly connected and collaborative environment for firm-wide risk, governance and compliance," said Peyman Mestchian, managing partner at Chartis. "Through both organic and in-organic activities Thomson Reuters has assembled a portfolio of software, content and people assets with a clear vision for becoming a one-stop-shop for enterprise GRC."
In their vendor report, Chartis praised Accelus' configurable user interface, the system's connected approach and analytical tools. They summarize: "Thomson Reuters Accelus aims to improve collaboration and efficiency, and reduce costs by eliminating data silos and taking an integrated approach to GRC. Thomson Reuters provides one user experience across a range of solutions and provides mobile and tablet solutions."
"Our ranking as category leader is a result of our dedication to continuously deliver comprehensive and robust solutions to customers. Our customers benefit from solutions designed to help them protect their business value through enhanced risk management capabilities that are built on trusted software and content, and provide opportunities to create additional business value through continued efficiency and scale," said Chris Perry, managing director, Risk, Thomson Reuters.
Chartis' definition of a category leader is a risk technology vendor that has the necessary depth and breadth of functionality, technology, and content, combined with the organizational characteristics to capture significant market share by volume and value.
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: http://www.chartis-research.com/research/reports/enterprise-grc-solutions-2014-time-for-gfrc.
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.
RiskTech Quadrant® is a registered trade mark of Chartis Research limited.
Chartis Research is authorized and regulated by the Financial Conduct Authority (FCA) for providing investment advice - (www.chartis-research.com).
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. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges. For more information, go to http://thomsonreuters.com.