Protiviti Positioned by Independent Research Firm for Magic Quadrant for Enterprise Governance, Risk and Compliance Platforms

MENLO PARK, Calif., Nov. 4, 2010 /PRNewswire/ -- Protiviti Inc. (www.protiviti.com), a global business consulting and internal audit firm, is among the companies Gartner Inc. positioned in its "Magic Quadrant for Enterprise Governance, Risk and Compliance Platforms"[1] report.

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"We believe our inclusion in the EGRC Magic Quadrant report is a reflection of the strategic role that Protiviti is playing in helping our customers to solve their rapidly evolving GRC needs cost-effectively," said Scott Gracyalny, managing director and global leader of Protiviti's Risk Technologies practice. "With multiple deployment options and assistance available from Protiviti GRC professionals around the world, we consider the Governance Portal extremely well positioned to support the Gartner-identified trend that enterprises want to have all their business units using the same GRC management solution."  

According to Gartner, Governance, Risk and Compliance Management (GRCM) is "defined as the automation of the management, measurement, remediation, and reporting of controls and risks against objectives, in accordance with rules, regulations, standards, policies and business decisions. Many enterprises typically consider a GRCM application to satisfy a specific requirement, such as Sarbanes-Oxley compliance, an industry-specific regulation or operational risk management (ORM) for a business process. However, enterprises often have other GRCM activities in mind, such as audit management, additional regulations, IT governance, remediation management and policy management, which they eventually may integrate into a more consolidated EGRC approach." Gartner adds, "During the past 18 months, ERM has overtaken compliance as the leading reason for implementing an EGRC platform. Related to ERM, there is an emerging demand to link GRCM to business performance objectives."

Added Gracyalny, "From the start, Protiviti has focused on providing our customers with the ability to identify, manage and mitigate the risks that directly affect their strategy, performance and growth. Whether it's our integrated survey engine, offline audit workbench, or powerful ad hoc analysis, the Governance Portal enables organizations to unite all their GRC practices and achieve a faster return on investment."

The Governance Portal is an industry-leading enterprise governance, risk and compliance software platform that allows organizations to address multiple GRC objectives. A recipient of various industry accolades, the Governance Portal integrates Protiviti's proprietary content and consulting expertise with commonly accepted governance frameworks to establish a comprehensive platform that gives organizations the visibility and insight they need to manage and mitigate critical risk and compliance issues. The Governance Portal for Internal Audit enables organizations to automate the audit process from risk assessment through reporting; identify and assess risks through integrated surveys to simplify the feedback process; tie risks to key processes and organizations that feed the audit planning process; and easily integrate internal auditing into the GRC program.

About the Magic Quadrant

The Magic Quadrant is copyrighted 2010 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation 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 Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

[1] Magic Quadrant for Enterprise Governance, Risk and Compliance Platforms, Gartner, Inc., October 13, 2010, by French Caldwell.

About Protiviti

Protiviti (www.protiviti.com) 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 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.

SOURCE Protiviti Inc.