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MEGA Cited as a Strong Performer in Enterprise Governance, Risk, and Compliance Report

Forrester Research, Inc. has issued The Forrester Wave: Enterprise Governance, Risk, And Compliance Platforms, Q3 2009 (July 2009), naming MEGA as a strong performer in the enterprise governance, risk and compliance (GRC) market. MEGA’s own top ratings were for client reference scores, GRC management and analytics, risk and control management, and the company’s financial viability.

For this report, Forrester evaluated 14 top enterprise GRC vendors against 80 criteria in the categories of current offering, strategy, and market presence. Each of these top vendors was found to have broad GRC capabilities, a substantial number of GRC customers, and significant thought leadership and mindshare.

The report said, “MEGA offers many unique advantages to customers as one of the few GRC platforms with a proprietary risk engine and a leading product in the business process analysis market.”

“The market continues to evolve to a more holistic approach to GRC, as an opportunity for organisations to improve operational efficiency and meet requirements,” noted Lucio de Risi, CEO, MEGA. “This trend corresponds to MEGA’s 20-year history of helping large enterprises worldwide improve business performance. We are proud to be named by Forrester in its evaluation of top enterprise GRC vendors.”

The MEGA GRC Suite offers three discrete solutions - MEGA GRC Audit, MEGA GRC Compliance and Control, and MEGA GRC Risk - to solve pressing issues in risk, and control, compliance, and audit management.

MEGA continually adds new capabilities to the Suite, since its introduction in 2006. The company recently added a powerful mathematical tool to measure risk exposure, expanding the risk quantification and analytic features.

Earlier in 2009, MEGA added new capabilities for audit quality and to manage risks in a bottom-up and/or top-down approach. The latest version of the Suite helps companies meet new reporting requirements, manage multi-compliance issues, and adds new platform tools for increased productivity.

The MEGA GRC Suite is supplemented by nearly 20 years of process expertise from MEGA’s international team of consultants who support more than 2,200 customer organisations’ performance improvement projects.