MEGA GRC Expert Heads OCEG Panel on GRC Architecture Certification

  MEGA GRC Expert Heads OCEG Panel on GRC Architecture Certification

          Group begins work on education and certification programs

Business Wire

BOSTON -- June 26, 2013

Patrick Wells, director of Business Development at MEGA, will head a committee
being formed by The Open Compliance & Ethics Group (OCEG) to develop a common
body of knowledge (CBK) aligned to the OCEG GRC Capability Model.

This CBK will form the foundation for a training and certification program
leading to a Certified GRC Enterprise Architect designation from GRC Certify,
an affiliate organization of OCEG, the nonprofit organization that provides
guidelines and standards for governance, risk management and compliance (GRC)
processes.

The initiative is expected to assist companies in getting more value from
their investments in GRC activities.

“The core of the next wave of effective GRC is developing an architecture
allowing strategy, process, information, and technology to work together
across the business and its operation,” said Michael Rasmussen, founder of GRC
20/20 Research and OCEG Fellow. “There are different approaches to GRC. These
new industry definitions and certifications will help companies develop and
deploy more efficient programs.”

Initial efforts for the program began this month with an OCEG survey to risk
and compliance professionals, auditors, chief risk officers, compliance
directors, enterprise architects, CIOs and CEOs. The survey results will help
shape the direction of the program.

As soon as the survey results are analyzed, the group will add new members and
immediately begin work to design an industrywide definition of GRC
architecture and the corresponding CBK. Participation in the group is open to
any practitioner within an organization who has GRC or enterprise architecture
responsibilities and is an OCEG All Access member.

“GRC programs can do so much more than just help companies reduce risk and
meet compliance obligations,” explained Wells. “By combining business
architecture with GRC, enterprises can align their risk, compliance, and audit
programs with corporate strategy and gain critical business value.”

The GRC architecture training and certification program, expected to be
available in 2014, will be similar to those OCEG and GRC Certify currently
provide in other education and certification areas, including GRC Professional
Capability and Audit certifications, and GRC Policy Management training.

“Measuring and improving risk and compliance management so that they
contribute to strategy and performance is a primary goal for modern companies.
They are well beyond the early days of establishing compliance programs solely
to meet legal requirements. That’s where GRC architecture can be such an
asset,” noted Carole Switzer, OCEG co-founder and president.

MEGA has been recognized for many years by leading industry analyst firms for
its software solutions in GRC and enterprise architecture (EA). MEGA was
named:

  *a leader by Gartner, Inc. in the “Magic Quadrant for Enterprise
    Architecture Tools”, published Oct. 31, 2012
  *a leader by Forrester Research, Inc., in “The Forrester Wave; EA
    Management Suites, Q2 2013”
  *winner of the  2013 GRC Technology Innovator Award  from GRC 20/20
    Research
  *in the “Chartis Research’s RiskTech100 2012” report, published Oct. 31,
    2012

According to industry experts, EA and GRC programs that tie all aspects of the
company together have become a business asset for organizations. Last month,
MEGA introduced new EA and GRC software solutions that are united on a single
technology platform, creating seamless integration of these practices.

For more than 20 years, companies worldwide have relied on MEGA’s software
solutions to help them improve business performance. Customers include Aetna,
Choice Hotels, Express Scripts, Nissan, Procter & Gamble, and Walgreens.

Contact:

For MEGA
Sue Myers, 978-369-6336
Sue dot myers @ MarketSmartNow dot com