20 February 2018
Visit www.capgemini.com/worldreports

Lombardi and Paisley interface technologies

07 June 2006  |  1989 views  |  0 Source: Lombardi

Lombardi, the leader in Business Process Management (BPM) software for Global 2000 companies, and Paisley Consulting, a leading provider of operational risk management, Sarbanes-Oxley compliance and audit automation software, today announced an OEM agreement for Paisley's next generation risk management, audit, and compliance solutions.

Next generation compliance software demands true business process management capabilities to more actively manage risk. Paisley will embed Lombardi OEM Edition within its Risk Navigator, AutoAudit and The Paisley Solution applications to deliver integrated and customizable BPM functionality.

"Our selection of Lombardi was the natural choice because they have leading technology and superior functionality to address the BPM requirements of next generation Sarbanes-Oxley, operational risk management, and audit automation solutions," said Tim Welu, chief executive officer, Paisley Consulting. "Incorporating Lombardi OEM Edition into our software enables us to drive innovation and provide the most powerful solutions to customers that clearly differentiate Paisley from other market offerings."

As the scope of governance, risk, and compliance extends throughout the enterprise, many organizations are currently struggling to easily and cost effectively execute sustained Sarbanes-Oxley compliance, operational risk management, and audit automation programs. Additionally, with expanding legislation, economic and other regulatory factors, enterprises are required to implement governance, risk and control programs across an expanding set of integrated business processes. As the leaders in their respective industries, the Paisley/Lombardi partnership is designed to deliver innovative, next generation compliance solutions that help companies squarely address this growing problem.

Paisley Consulting provides the industry's leading solutions for Sarbanes-Oxley compliance, operational risk management and audit automation. By incorporating Lombardi OEM Edition, the Paisley portfolio of products will more easily automate workflow, event monitoring and performance analytics, providing organizations with confidence in the repeatability of the compliance process and greater efficiency and lower cost of compliance.

With Lombardi OEM Edition, Paisley benefits from its configurable deployment packaging, standards-based integration points, integrated application and database servers, and deep support for re-branding and internationalization as it develops and delivers solutions to address the specific needs of Sarbanes-Oxley and the broader requirements of governance, risk and compliance management.

"Paisley is setting the pace for the compliance software market by building their next-generation, process-enabled products with Lombardi," said Rod Favaron, president and chief executive officer of Lombardi Software. "Vendors work with us because we have industry-leading BPM technology designed to easily be licensed and embedded, and we have a dedicated partner organization to ensure their go-to-market strategy is equally successful."

Paisley is incorporating Lombardi OEM Edition's BPM functionality and will be available to customers starting with the Fall 2006 release of the Paisley Consulting portfolio of products.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.swift.com/your-needs/instant-paymentsVisit https://www.capgemini.comVisit www.vasco.com

Top topics

Most viewed Most shared
Saudi central bank provides sandbox for banks to try out Ripple techSaudi central bank provides sandbox for ba...
11864 views comments | 16 tweets | 12 linkedin
ABN Amro moves escrow accounts to the blockchainABN Amro moves escrow accounts to the bloc...
9572 views comments | 15 tweets | 13 linkedin
ECB launches staunch defence of cashECB launches staunch defence of cash
9344 views 10 comments | 22 tweets | 26 linkedin
Coinbase and Visa at loggerheads over erroneous charges on customer crypto accountsCoinbase and Visa at loggerheads over erro...
8137 views comments | 13 tweets | 12 linkedin
FCA explores creation of global sandboxFCA explores creation of global sandbox
7392 views comments | 19 tweets | 18 linkedin

Featured job

Competitive
Hong Kong, Asia-Pacific

Find your next job