Protiviti Teams Up with SAP Labs U.S. to Enhance Governance, Risk and Compliance (GRC) Analytics for CIOs and IT Executives
Protiviti to Deliver GRC Content in Support of SAP® BusinessObjects™ Executive IT Reporting Analytic Application
MENLO PARK, Calif., May 16, 2011 /PRNewswire/ -- Protiviti (www.protiviti.com), a global business consulting and internal audit firm, today announced it is joining forces with SAP Labs U.S. to design content and automation for use with the new SAP® BusinessObjects™ Executive IT Reporting analytic application. Protiviti's process risk expertise combined with the analytical features of SAP BusinessObjects governance, risk and compliance (GRC) and business intelligence (BI) solutions will provide chief information officers (CIOs) and IT managers a way to more efficiently monitor risk trends in their business. The new solution will also help companies bolster their IT control framework, including Control Objectives for Information and related Technology (CoBIT), and further ensure compliance with standards such as Payment Card Industry (PCI) data security standards and the Information Technology Infrastructure Library (ITIL).
"Today, in many companies, IT controls and risk-management activities are at best manual, subjective activities," said Jean-Bernard Rolland , senior director, IT Performance and Strategy Group, SAP. "By automating these activities and linking them to business processes, we can allow customers to simplify their compliance and risk management activities, protect value by anticipating common losses, and create more value by taking on more calculated technology risk."
The content to be provided by Protiviti will include IT dashboards, a library outlining the most prevalent risks and controls, automated key risk indicators, and continuous control monitoring capabilities. Source data from existing point systems such as help desks, change management, network monitoring, security/virus tools, and project management applications can be aggregated, providing insight into the overall health and risk trends of the IT functions and assets. Information is collected from SAP and other vendor applications. For example, the SAP BusinessObjects GRC solutions have been integrated with project and portfolio management, application performance management, and security solutions from CA Technologies. Insights from dashboards, trending reports and alerts will help IT executives efficiently monitor operations, assess risk levels and improve strategic planning and decision-making.
"Protiviti has had a strong relationship with SAP for several years, and we're pleased to expand our relationship," said Jim Pajakowski , executive vice president, Global Risk Solutions, Protiviti. "Working together with SAP Labs U.S., we can combine our expertise in managing the business and risks of IT with SAP analytic applications to create solutions that provide CIOs a decided edge in their GRC efforts."
Protiviti is a global business consulting and internal audit firm composed of experts specializing in risk, advisory and transaction services. The firm helps solve problems in finance and transactions, operations, technology, litigation, governance, risk, and compliance. Protiviti's highly trained, results-oriented professionals provide a unique perspective on a wide range of critical business issues for clients in the Americas, Asia-Pacific, Europe and the Middle East.
Protiviti has more than 60 locations worldwide and is a wholly owned subsidiary of Robert Half International Inc. (NYSE: RHI). Founded in 1948, Robert Half International is a member of the S&P 500 index.
Protiviti is not licensed or registered as a public accounting firm and does not issue opinions on financial statements or offer attestation services.
SAP and all SAP logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries. Business Objects, BusinessObjects and the Business Objects logo are trademarks or registered trademarks of Business Objects in the United States and/or other countries. Business Objects is an SAP company. All other product and service names mentioned are the trademarks of their respective companies.
SAP Forward-looking Statement
Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
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