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Oracle gains leaders quadrant for governance, risk and compliance

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Oracle Governance, Risk and Compliance Manager (Oracle GRC Manager) has been
positioned in the Leaders Quadrant in Gartner's Enterprise Governance, Risk
and Compliance Platforms Magic Quadrant, 2008.

The Gartner Magic Quadrant provides guidance for organisations that are
seeking to purchase, replace or upgrade their solutions, and it positions
vendors within a particular market segment based on their completeness of
vision and their ability to execute.
Oracle GRC Manager automates the management of internal controls and helps
improve the efficiency of an organisation's' compliance processes. Built on
industry-leading content-management technology, Oracle GRC Manager is the
orchestration hub for all GRC initiatives, enabling compliance and risk
officers to unify fragmented GRC activities across multiple business units,
geographies, and information systems.
According to Gartner, vendors in the Leaders Quadrant have proven GRC
functionality in all four primary GRC management functions – audit
management, compliance management, risk management and policy management –
and they have executed horizontally across several industries.
"In this new era of accountability, organisations around the world recognise
the value of having a single platform that improves the quality and
effectiveness of compliance programs, and provides powerful mechanisms for
understanding and managing risk," says Oracle vice-president of GRC, Chris
Capdevilla.
"We believe Oracle's position in the Leaders Quadrant in Gartner's Magic
Quadrant for Enterprise Governance, Risk and Compliance is testament to our
ability to provide customers across a wide variety of industries with a
comprehensive GRC platform that helps reduce the complexity and cost of
managing global compliance requirements."