Business Services Industry
Fidelity National Information Services Selects LogicalApps
Business Wire, March 22, 2007
Will Incorporate ACTIVE Governance as Key Element of Its Oracle Implementation to Address Governance, Risk and Compliance Programs
IRVINE, Calif. -- LogicalApps, the provider of embedded governance software for enterprise applications, today announced that Fidelity National Information Services (NYSE:FIS) has selected ACTIVE Governance[TM] to manage the company's Governance, Risk and Compliance (GRC) programs. FIS is implementing ACTIVE Governance as a key element of its Oracle rollout strategy in order to embed proper controls into its Oracle environment.
Fidelity National Information Services (FIS) provides solutions that support the success of financial services companies across the nation and throughout the world. As a strategic business partner and based on years of business know-how and market experience in the banking, financial services and real estate industries, FIS focuses on best-of-breed market leadership and best-of-suite, integrated financial software solutions and outsourcing. FIS, part of the S&P 500, has been named the #1 banking technology provider and the #2 overall technology provider in the world by American Banker and Financial Insights (FinTech 100).
"As a strategic supplier to the financial services industry Fidelity recognizes the need to assure their customers the highest level of business integrity by building good governance into the very foundation of their ERP platforms," said Jim Zierick, CEO of LogicalApps. "ACTIVE Governance is recognized by the leading industry analyst and risk advisory firms for its superior technology and architecture on the Oracle platform, so it's always gratifying to see our customers benefiting from those features in the real world."
ACTIVE Governance[TM] is the first solution to embed controls for governance, risk and compliance (GRC) directly into the ERP system. More than simply documenting and monitoring of controls, ACTIVE Governance prevents control violations from happening by automatically enforcing governance policies in real time. By managing user access, data and configuration changes, and providing continuous monitoring of transactions, ACTIVE Governance streamlines GRC processes resulting in greater efficiency and improved financial integrity. Through the recent acquisition of the Integra[TM] product line from Applimation[TM], LogicalApps is enhancing the ACTIVE Governance solution with additional configuration management and automated controls for PeopleSoft, creating the industry's most robust and flexible embedded governance solution across the enterprise.
About LogicalApps
LogicalApps provides embedded governance software for enterprise applications. The company's solutions enable organizations to manage risk, achieve compliance, and reduce costs by automating the real-time monitoring and enforcement of detective and preventive controls. Using LogicalApps' solutions, business processes execute at optimal efficiency with increased integrity, improving overall company performance. LogicalApps, a privately-held company with headquarters in Irvine, California, has more than 300 blue-chip customers. For more information visit: www.logicalapps.com.
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