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Modulo Risk Manager Software Stands Out in Leading Analyst Firm's MarketScope for IT GRCM

MarketScope report for IT Governance, Risk and Compliance Management 2009 points out Modulo's solution as one of the leading 'out of the box' IT GRC solutions; The analysis highlights the company's strong rating as an IT GRC vendor and its growing North A

MONTCLAIR, New Jersey, April 30 /PRNewswire/ -- Modulo (www.modulo.com), a leading provider of IT Governance, Risk and Compliance (IT GRC) solutions, was highlighted as one of the global leaders in Gartner's April 2009 MarketScope for IT Governance, Risk and Compliance Management (IT-GRCM). Modulo's Risk Manager(TM) software was considered one of the most flexible offerings in the segment and received a positive rating.

Modulo was one of 10 vendors evaluated in the growing IT-GRCM space. The report rated vendors on a number of criteria including market understanding, customer experience, product strategy, sales execution and operations. According to Gartner, Modulo has mature products that will ensure good results in the U.S. market. "The company is large, and the products are mature, which positions them to do well in North America."

The software Modulo Risk Manager(TM) is also highlighted in MarketScope for ITGRCM 2009 for its good flexibility in control mapping and policy as well as good auditor workflow support. The document stresses that it is an "out-of-the-box" (OOTB) IT GRC solution. "Modulo Risk Manager is an OOTB product that supports the self-assessment, audit support and automated GCC use cases," Gartner says. The report also indicates Modulo's strengths in growing its partner network and specifically mentions that "IBM Global Services uses Modulo in its risk assessment consulting engagements."

"We are very proud with the fact that Modulo Risk Manager(TM) has been rated by Gartner as one of the outstanding vendors in the IT GRCM space," says Alvaro Lima, Modulo's founder. "It's exciting to see how our diverse base of global customers -- which today includes more than 400 organizations across the world -- are utilizing Modulo Risk Manager to simplify their IT GRC processes. We are committed to enabling effective IT GRC solutions and continue to focus on developing compelling applications in this segment."

Award-winning Modulo Risk Manager(TM) helps organizations streamline and automate processes required for in-depth risk assessment and compliance projects by collecting and centralizing data relating to technology assets, such as software and equipment, as well as non-technology assets such as people, processes and physical facilities within an organization to assess risk and ensure compliance. The software also allows the quick and comprehensive generation of reports resulting from the data collected. It features a comprehensive knowledge base that assists organizations in assessing and achieving compliance with SOX, PCI, ISO 27001, HIPAA, COBIT, ITIL, FISAP, FISMA, NIST 800-53a, FIPS 199, A 130 and DOD 8500.2 and can be customized to assess for compliance with additional standards.

About the Gartner MarketScope

The MarketScope is copyrighted 2009 by Gartner, Inc. and is reused with permission. The MarketScope is an evaluation 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 MarketScope, and does not advise technology users to select only those vendors with the highest rating. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

(1) Gartner "MarketScope for IT Governance, Risk and Compliance Management," by Paul E. Proctor and Mark Nicolett. April 13, 2009.

About Modulo

Modulo (www.modulo.com) is a market leader for IT Governance, Risk and Compliance management. Modulo Risk Manager(TM) provides organizations with the tools they need to automate the processes required for assessing security vulnerabilities and attaining regulatory compliance. Recent honors received by Modulo include Global Excellence Customer Trust Award 2009 (Global Product Excellence in Auditing for Modulo Risk Manager(TM)).

Contact:

Paula Cohn

[email protected]

SOURCE Modulo

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