Expanded Office to Serve Growing Customer Base and Increasing Demand for CIMCON's Spreadsheet Management GRC Suite
BOSTON and LONDON, Sept. 18, 2014 /PRNewswire/ -- CIMCON Software, Inc., the recognized Global Market Leader that pioneered Spreadsheet Governance, Risk Management and Compliance (GRC), is continuing to build on its success and has expanded its presence in London. The new office is located at 40 Bank Street in Canary Wharf in the heart of London's financial district, and will accommodate recent staff additions and allow CIMCON to continue servicing its growing customer base.
CIMCON has also recently sponsored a number of major industry conferences such as the Association of British Insurer's (ABI) Solvency II Conference, Insurance Risk and Capital Conference, and the IIA International Conference.
"We are pleased to announce the expansion of our London office which will allow us to better serve our growing customer base in the UK and Europe," said Sanjay Agrawal, Director. "There is growing awareness by customers, auditors and regulators that Good Spreadsheet Practices (GSP) are an important component of a regulatory compliance program, whether it be Solvency II, Basel III, Sarbanes-Oxley, CCAR or any other. Gaining visibility over the extent of the spreadsheet estate, its usage, and the data links between them is a good business practice that reduces risk and increases confidence in the firm's internal controls and reporting practices, ultimately reducing costs."
With over two decades of innovation, experience and knowledge, CIMCON Software pioneered spreadsheet management and controls and today is recognized as a market leader in the category by leading market analysts and experts. CIMCON has been voted #1 in the category of "Spreadsheet Compliance Products" for two consecutive years by the readers of Operational Risk & Regulation magazine. In 2012, CIMCON was also voted #1 in the category of "Sarbanes-Oxley Products".
CIMCON's spreadsheet risk management technology is a de facto industry standard with the largest installed global client base of over 325 companies in over 30 countries. The company's many innovations include using risk factors to assess and rank spreadsheet risk, and providing compliance solutions for Access databases in a single integrated platform.
Marketing Contact:
Heidi Sporel, Director of Marketing Tel: + 1 (978) 692 9868 Ext. 207 Email
For more information about CIMCON Software's market-leading Spreadsheet and Database Compliance Solutions, please visit www.solvency2compliance.co.uk or www.sarbox-solutions.com.
SOURCE CIMCON Software Inc.
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