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Protiviti Recognized as a Strong Performer in Governance, Risk and Compliance Platforms by Independent Research Firm
Risk Consulting Company Cited for its Protiviti Governance Portal™ Along With Depth and Experience of Consulting Services
MENLO PARK, CA - April 4, 2006 - Protiviti Inc., a leading risk consulting and internal audit services firm, today announced that the company has been named a strong performer in the governance, risk, and compliance (GRC) platform space by Forrester Research. "The Forrester Wave™: Governance, Risk, And Compliance Platforms, Q1 2006" report recognizes Protiviti's understanding of consulting in this field, as well as the rich risk taxonomy and management content of the Protiviti Governance Portal. [1]
According to its summary report, Forrester evaluated Protiviti's current offering, strategy and market presence for GRC platforms against 99 criteria, noting about Protiviti that "the particular strength that sets the PGP solution apart is the depth and experience that Protiviti has in GRC consulting - providing a one-stop shop for consulting and GRC software."
Scott Gracyalny, managing director for Protiviti and leader of the company's risk technology solutions group, said, "We are honored to have Forrester recognize Protiviti as a strong performer in the GRC platform space. This underscores the success of our Protiviti Governance Portal, which already is installed at more than 300 clients worldwide."
Gracyalny continued, "Our portal is designed to help our clients improve corporate governance within their organizations and enhance business performance. It also serves as a strategic platform not only for Sarbanes-Oxley compliance efforts, but for broader compliance and risk management efforts necessitated by regulations including Basel II, FDICIA and HIPAA. Protiviti has leveraged its recognized thought leadership and extensive compliance management expertise to further develop and extend the PGP for Fortune 500 and mid-market clients, many of whom are impacted daily by these regulations."
Among other comments from Forrester regarding the Protiviti Governance Portal:
"Allows for risk assessment/measurement that can be performed at either an organizational or process level."
"Assessment templates can be constructed to support ongoing self-assessment across a range of compliance activities."
"Uses frameworks to provide a repository for risk assessment, control evaluation, testing, documentation, etc."
"Designed for a primary audience of business end users to provide intuitive navigation and application management."
"Supports a three-tiered reporting strategy with dashboard reporting, user-definable searches, and dynamic crystal reports."
"Protiviti envisions a total solution for GRCM that delivers extended GRCM capabilities via a common portal platform."
About Protiviti Inc.
Protiviti is a leading provider of independent risk consulting and internal audit services. The firm provides consulting and advisory services to help clients identify, assess, measure and manage financial, operational and technology-related risks encountered in their industries, and assists in the implementation of the processes and controls to enable their continued monitoring. Protiviti also offers a full spectrum of internal audit services to assist management and directors with their internal audit functions, including full outsourcing, co-sourcing, technology and tool implementation, and quality assessment and readiness reviews.
Protiviti, which has 50 locations in North America, Europe, Asia and Australia, is a wholly owned subsidiary of Robert Half International Inc. (NYSE symbol: RHI). Founded in 1948, Robert Half International is a member of the S&P 500 index.
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Protiviti is not licensed or registered as a public accounting firm and does not issue opinions on financial statements or offer attestation services.
[1]The Forrester Wave™: Governance, Risk, And Compliance Platforms, Q1 2006, Forrester Research Inc. March 16, 2006
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