Thomson Reuters Positioned in the Leaders Quadrant of the Magic Quadrant for Enterprise GRC PlatformsBy Prne, Gaea News Network
Sunday, August 23, 2009
NEW YORK -
- Evaluation Based on Completeness of Vision and Ability to Execute
Thomson Reuters, a leading provider of governance, risk and compliance solutions, today announced it has been positioned by Gartner, Inc. in the Leader’s Quadrant of the Enterprise Governance, Risk and Compliance Platforms Magic Quadrant.(i)
The Magic Quadrant for Enterprise Governance, Risk and Compliance Platforms “presents a global view of Gartner’s assessment of the main software vendors that should be considered by organizations seeking a technology solution to support the oversight and operation of enterprisewide risk management and compliance programs.” According to the report, “The market for EGRC platforms is shifting from a focus on regulatory compliance to a focus on enterprise risk management. Vendors also are adding support for audit and legal professionals, particularly audit management, policy management, and content.”
“We consider our positioning in the Leader’s Quadrant by Gartner as confirmation of our mission to enable customers to unlock the power of information to improve business performance,” said Tim Welu, senior vice president and general manager, Paisley, Thomson Reuters. “With the global resources of Thomson Reuters, we continue to innovate and execute on our product roadmap and deliver the most comprehensive GRC solution. With the latest version of Paisley Enterprise GRC(R) and GRC on Demand(R), we have delivered a truly revolutionary product that will change the face of the GRC industry and further enhance our market position.”
Gartner’s report evaluated the Paisley GRC solutions business of Thomson Reuters on its ability to execute and its completeness of vision.
Paisley Enterprise GRC is a comprehensive audit, financial controls management, enterprise risk management, operational risk management, IT governance and compliance software solution purpose-built to address integrated governance, risk and compliance requirements. GRC on Demand offers a comprehensive governance, risk and compliance solution delivered via a Software as a Service (SaaS) model.
About Thomson Reuters
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, legal, tax and accounting, scientific, healthcare 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 more than 50,000 people in more than 100 countries. For more information, go to www.thomsonreuters.com.
About the Magic Quadrant
The Magic Quadrant is copyrighted August 12, 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.
(i) Gartner “Magic Quadrant for Enterprise Governance, Risk, and Compliance Platforms” by French Caldwell, Tom Eid, Carsten Casper, August 12, 2009.
Source: Thomson Reuters
Ruth Ann Baker (U.S.), Public Relations Manager, +1-972-250-7438, ruth.ann.baker at thomsonreuters.com, or Joe Christinat (international), Public Relations, +1-212-807-2198, joe.christinat at thomsonreuters.com, both of Thomson Reuters
Tags: France, Germany, New York, Thomson Reuters, United Kingdom