Magic Quadrant evaluates completeness of vision and ability to execute

RAYNHAM, Mass., Singapore, November 8, 2010 – MEGA, a pioneer in governance, risk and compliance (GRC) solutions, said it is positioned in the Visionaries Quadrant in Gartner’s latest Enterprise Governance, Risk and Compliance (EGRC) Platforms Magic Quadrant report*.

The report “presents a global view of Gartner’s assessment of the main software vendors that should be considered by organizations seeking a technology solution to support the oversight and operation of enterprisewide risk management and compliance programs, with the overall objective being improvements in corporate governance and the ability to achieve business objectives.”
Eighteen companies were covered in the report and evaluated for "ability to execute” and “completeness of vision."

“We think this recognition by Gartner demonstrates the real business value that the MEGA Suite delivers to companies needing a comprehensive EGRC solution. The combination of our advanced EGRC capabilities with our industry-leading business process methodology delivers a broad and thorough solution to companies to help them improve business operations and results,” noted Lucio de Risi, CEO, MEGA.

The MEGA Suite offers comprehensive solutions for GRC including operational and enterprise risk management, internal audit, and compliance. With the MEGA Suite, companies can effectively manage risk by identifying, assessing, and controlling risks.

MEGA was named a strong performer in the enterprise governance, risk and compliance (GRC) market in the most recent report on EGRC from Forrester: The Forrester Wave: Enterprise Governance, Risk, And Compliance Platforms, Q3 2009 and cited by Chartis Research as one of the leading vendors in their report, Operational Risk & GRC Software Solutions 2010.

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

The Magic Quadrants are copyrighted 2009 and 2010 by Gartner, Inc. and are 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.