Approva Teams with RSA, The Security Division of EMC, to Automate Governance, Risk and Compliance Processes
Integrated Solution Reduces Risks and Lowers Costs of Compliance by Automating the Process of Testing & Monitoring Controls Using the RSA Archer eGRC Platform
August 02, 2011 - Herndon, VA
Approva® Corporation, the leader in continuous controls monitoring (CCM) and audit automation software, today announced that it has joined the RSA Secured® Partner Program to certify interoperability between Approva One and the RSA Archer™ eGRC Platform from RSA, The Security Division of EMC (NYSE: EMC). The interoperability will help enable organizations to use Approva’s continuous controls monitoring (CCM) suite, Approva One, to automatically monitor and test their controls for core financial applications including SAP, Oracle and PeopleSoft and then publish that control evidence and associated contextual information in the RSA Archer eGRC Platform.
“The integration of Approva One with the RSA Archer eGRC Platform demonstrates our continued commitment to expand customer value through integrations with interoperability partners that provide complementary and strategic solutions for both of our organizations,” said David Walter, Senior Director Product Marketing, RSA, The Security Division of EMC. “By expanding our continuous analytic and monitoring capabilities beyond the IT infrastructure, our joint customers can obtain timely analytics regarding the status of financial and operational controls.”
The interoperability will enable organizations to relate control procedures documented in a single system known as the RSA Archer™ Compliance Management solution. From that solution, users can directly access rules in Approva One in order to continuously monitor the status of a control. Additionally, when Approva One identifies a control breakdown or a potential risk, it will publish that information, along with additional business context, back into the RSA Archer eGRC Platform. This interoperability is designed to provide users with a “closed-loop” process to monitor the overall compliance posture in the context of their overall risk & compliance framework.
“Since customers are implementing more mature governance, risk and compliance processes, they are seeking more cost-effective ways to mitigate risk and lower their overall compliance costs,” said Elisabet Hardy, Vice President Product Management, Approva. “RSA Archer eGRC Platform customers will now be able to automate the testing of critical application controls and monitor business transactions to identify errors, anomalies and instances of fraudulent activity.”
RSA and Approva will demonstrate their interoperability in a joint webcast on Thursday, August 18th at 1PM EDT. On-line registration for the webcast is available at http://www.approva.net.
About RSA
RSA, The Security Division of EMC, is the premier provider of security, risk and compliance solutions, helping the world’s leading organizations succeed by solving their most complex and sensitive security challenges. These challenges include managing organizational risk, safeguarding mobile access and collaboration, proving compliance, and securing virtual and cloud environments.
RSA Archer eGRC PlatformThe RSA Archer eGRC Platform is engineered to enable organizations to manage the lifecycle of corporate policies and objectives across a number of domains, analyze and respond to enterprise risk, and demonstrate compliance. Through a series of easy-to-read dashboards and reports, RSA Archer eGRC Platform is designed to provide organizations with a real-time view into their state of compliance and risk level.
About Approva Corporation
Approva® Corporation is the industry-leading provider of continuous controls monitoring software and is the industry standard at Big-4 audit firms. We enable business, finance, IT and audit professionals to identify, manage and prevent business exceptions in order to reduce risk, increase operational efficiency and prevent inappropriate payments. Global companies such as Bayer, DirecTV, Discovery Communications, Honeywell, Pratt & Whitney and T-Mobile rely on Approva to deliver actionable and auditable intelligence of control breakdowns across their business systems, processes and transactions. Approva has certified integrations with Microsoft, IBM and SAP to provide a holistic Governance, Risk & Compliance (GRC) solution.
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RSA, Secured and Archer are either registered trademarks or trademarks of EMC Corporation in the United States and/or other countries. All other products and/or services referenced are trademarks of their respective companies.