Ullico Selects Texert for Enteprise Risk Management Solution

Dallas, Texas - 5 May 2010

Innovative software solution enables comprehensive intelligent risk management

Texert, a leading provider of Governance, Risk, and Compliance software solutions, announced today that ULLICO, Inc. has selected Texert’s innovative software solution, J-Port® GRC, to support its corporate enterprise risk management (ERM) initiatives.

“Texert’s next generation enterprise risk management product capabilities enable us to more effectively manage our risks,” stated Adam Fried, VP of Enterprise Risk Management at ULLICO. “We are pleased to have chosen Texert after evaluating numerous ERM vendors. Texert offers value and a comprehensive array of customized features which facilitate the effective assessment of risk in conformance with our business structure.”

Texert J-Port® GRC enables corporate enterprises to align risk appetite with corporate strategy, automate the risk management process, achieve greater transparency, reduce operational risk exposure/surprises, and ultimately improve business decision making and performance. Key components of J-Port GRC include:

• Powerful, centralized platform to manage strategic, operational, financial, legal, and compliance risks.
• Automated risk assessment process supporting qualitative and quantitative risk assessments.
• Correlation and aggregation engine to identify and assess the impacts of risk across an organization’s business hierarchy.
• Workflow and mitigation plan capabilities to assign and mitigate risk issues.
• Analytics and sophisticated reporting to provide greater business intelligence.

"We are pleased that ULLICO has chosen Texert to provide compelling risk management solutions to enable its risk management initiatives.” said T. Curtis Holmes, Jr., President and CEO, Texert. “Our J-Port GRC product provides a holistic view of risk and compliance across the enterprise enabling key stakeholders to assess, manage, and monitor risk and compliance programs.”

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