Modulo Expands GRC Market Presence and Announces New Partnerships with Mandem and SigmaFlow

Atlanta, GA (PRWEB) February 20, 2014

Modulo, a leading provider of technology governance, risk and compliance (GRC) solutions, announced today three new partnerships that expand Modulo’s presence in the retail, payment card and services, and energy industry sectors. These partners include Mandem, a leading IT Audit and Information Security consulting services and PCI QSA assessment company, and SigmaFlow, a provider of real-time evidentiary NERC compliance management software.

As the largest independent provider of Technology GRC solutions, Modulo has built an extensive network of over 80 partners worldwide that both use and deploy the award-winning Modulo Risk Manager software. These partners, including the Big Four consulting firms, offer specialized value-added services customers in a wide variety of industries and uses ranging from Regulatory Compliance to IT Risk, Third-Party Risk, Enterprise Risk and Business Continuity Management.

According to a newly released independent analyst report, Modulo’s solution “has great GRC breadth and depth, offering strong integration capabilities and addressing vertical market needs through strategic consulting and business partners. Modulo also has some of the most diverse use cases in the market.” (The Forrester Wave™: Governance, Risk and Compliance Platforms, Q1 2014, Chris McClean, Forrester Research Inc., January 27, 2014).

The new partnerships enable CSOs, CISOs, CIOs and CROs to benefit from the following industry-specific solutions:

   •      PCI DSS Assessments for Merchants, Payment Card Providers and Payment Service Providers: Level 1 merchants who process over 6 million Visa transactions a year must undergo a PCI assessment performed by a Qualified Security Assessor (QSA). Mandem uses Modulo Risk Manager to provide PCI QSA assessment consulting services including gap analysis, requirements scoping, audit automation and remediation. Mandem specializes in Information technology and IT security and threat management.

   •      NERC CIP and 693 Compliance for Utilities: U.S. utilities are required by NERC (North American Electric Reliability Corporation) to adhere to regulatory standards to ensure the reliability of the bulk power system in North America. SigmaFlow and Modulo provide a comprehensive real-time compliance software solution to present an enterprise view of IT security, NERC CIP & 693 Compliance and risk tied to key business objectives. SigmaFlow automates evidence collection and validates against policies to ensure audit readiness.

“We welcome Mandem and SigmaFlow to the Modulo partner community and look forward to working with them to extend our presence in the North America markets. Modulo was built to be a flexible and scalable platform that our partners can grow with as they help their customers solve specific problems and ultimately pave a path for GRC maturity within their organization,” said Stephen Gant, Modulo’s Managing Director for North America.

Modulo Risk Manager, which earned the top 5-star rating from SC Magazine for the past three consecutive years, offers a complete solution for technology risk and compliance management, enterprise risk management, vendor risk management, and business continuity management across the enterprise and extended enterprise of third-party relationships - all in a flexible and affordable package specifically designed “out-of-the-box” for IT, security, and compliance professionals looking to align security to their risk and compliance needs.

Supporting Links
http://www.mandem.com/
http://www.sigmaflow.com/

About Modulo
Modulo is a leading global enterprise provider of technology governance, risk and compliance (GRC) management solutions. Hundreds of organizations around the world leverage the award-winning Modulo Risk Manager™ as a flexible and affordable approach to manage risk, compliance, and business continuity across the enterprise and extended enterprise of third-party relationships. Customers span the financial, health care, retail, manufacturing, higher-education, telecom, energy and government sectors and include BASF, BC Hydro, Commercial Bank of Dubai, Microsoft, New York University Medical Center, Synovus Financial, and Schlumberger. Modulo has earned industry recognition as both a 2012 and 2013 Innovator of the Year from SC Magazine, which also gave the company's products “5-Star” review ratings for three consecutive years.

Visit http://www.modulo.com and follow Modulo on Twitter @Modulo_Intl.

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