Methodware positioned in the Leaders Quadrant for Basel II Risk Management Application Software, 2005 Magic Quadrant

22nd September 2005. Methodware, a leading provider of risk management and internal audit software, today announced it has been positioned by Gartner, Inc. in the leaders quadrant in the Basel II Risk Management Application Software, 2005 Magic Quadrant¹ report.

According to the report, vendors listed in the leader’s quadrant have a proven track record in Basel II vision and business investment, which indicates they are well-positioned for the future. Leaders do not necessarily offer the best products for every customer project, but they do provide solutions that offer relatively lower failure risk. Leaders in this market have paired advanced technology with broad offerings or have specific, rich functionality.

"I am delighted that Gartner has positioned us in the leaders quadrant" said Dr Chris Moxon, Methodware’s CEO, "Enterprise Risk Assessor from Methodware is gaining a strong reputation as a market leading operational risk management software tool, we believe placement in the leaders quadrant by Gartner supports this."

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