NSE.IT and Maclear Ink Strategic Alliance for eGRC Solution

Lisle, IL - 19 October 2012

Maclear and NSE.IT has entered into a three dimensional Strategic Alliance to offer world-class business solutions to their customers globally. This partnership will focus on providing enterprises with a comprehensive solution to address Governance for both internal and external facing process initiatives, Risk Measurement and Management and Regulatory compliance. In addition, this Strategic Alliance will focus on helping customer uncover the true value of Maclear products through NSE.IT’s enhanced Professional Services catalogue that leverages a GDC (Global Delivery Center). To provide depth to this relationship and enhance the core product functionality and quality, Maclear will tap NSE.IT’s Mumbai based GDC as a virtual center to Maclear’s Product Engineering division.

NSE.IT and Maclear have entered into an agreement for distribution of Maclear’s suite of eGRC products in India to the Financial Services market and major enterprises. This alliance brings to the India markets the power of Maclear’s Industry recognized top quartile eGRC solutions and NSE.IT’s proven expertise in providing innovative solutions, implementation experience and track record of long term customer support.

‘With the increased criticality and business impact of Regulatory and Business Process compliance, there is an urgent and compelling need for measurable Risk Management framework to ensure better Corporate Governance. The need of the hour for our customers is a comprehensive eGRC solution that can be implemented quickly and has enterprise wide extensibility. The power of the core eGRC framework in Maclear’s product combined with NSE.IT’s full spectrum solutions, implementation and support expertise offers a comprehensive, enterprise wide automated eGRC solution for this business need. NSE.IT is excited about the business edge that Maclear solutions will provide to customers worldwide’ says V.S. Kumar, President – Americas for NSE.IT.

'In today’s changing business landscape organizations face a complex environment of risk, internally and externally. Risk and compliance burdens are growing in number and complexity, bearing down fines and/or censure on the organization and its management. Boards and Auditors need to know the impact of risk, stakeholders demand transparency, clients want assurance the organization upholds their values, and business partners require commitments to compliance and ethics. Maclear’s risk based framework within Maclear eGRC Suite™ aims to provide a comprehensive eGRC solution to addresses these pain points across the organization, increasing performance and achieving efficiency.

Maclear is very excited about the opportunity presented with NSE.IT which will help increase our reach within the US and lay a solid foundation to establishing strong footprints in the Indian and the Asian markets. We are looking forward to leveraging the scale, implementation and support experience that are the cornerstone of NSE.IT’ says Ketan Dholakia, Managing Partner – Maclear.

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