Greenlight Technologies Partners with Logica for Implementation of TRAC Solutions in EMEA Region

Printer-friendly versionPDF version

Greenlight Technologies, Inc. and Logica Management Consulting, the consulting arm of leading IT and business services company, Logica, today announced their partnership for sales and implementation of Greenlight’s Real-Time Adapter (RTA) Design Studio™ and ResQ™ in Europe, Middle East and Africa (EMEA). The partnership, announced at the SAP Governance Risk and Compliance (GRC) 2009 Conference this week, enables Logica to implement Greenlight’s software products forSAPand other customers in the region. Both Greenlight andLogicaare SAP-certified partners.

RTA Design Studio automates enterprise-wide business controls for governance, risk and compliance (GRC), to prevent or reduce risks of fraud, create transparency, improve accuracy and speed in financial and compliance audit functions, as well as comply with various world-wide governmental regulations. The solution is modular, equipping organisations with the flexibility to begin implementing the highest-priority applications and adding others as time and resources allow. The Greenlight approach is preventive, so that violations can be stopped real-time.

In addition, RTA Design Studio allows continuous monitoring of sensitive transactions across non-SAP application systems. Greenlight’s Design Studio simplifies the complex capture and analysis of the pertinent GRC data across all of the enterprise’s diverse Application systems, including SAP, Oracle, JD Edwards, PeopleSoft, Custom and Legacy, enabling reliable continuous assessment of risks and preventive warnings.

Commenting on the partnership Anand Adya, Greenlight’s CEO, said “We look forward to working with Logica to extend our cross-application risk reduction and compliance solution to European, Middle Eastern and African customers. Logica has a fine track record and we are very impressed with their expertise in GRC.”

Greenlight’s automated controls in the RTA Design Studio include:

• Access and Security controls, master data change controls and transaction monitoring
• Financial and Operational Risk Management
  • Business Specific Controls (Procure to Pay, Order to Cash, Hire to Retire, GL, etc.)
  • Industry Specific Controls (FCPA, FDA, NERC, Basel II, etc.)
• Internal and External Controls, including Fraud, Forensic, and Revenue Recognition

Sébastien Brasseur, Director, SAP GRC business at Logica, said “With this partnership we become Greenlight’s first certified implementation partner in EMEA. Combined with our expertise in the GRC arena, we have a winning combination and will be able to provide customers with a complete and integrated GRC approach across all application systems in their enterprise.”

The other component of Greenlight’s TRAC solution suite, ResQ, is also part of the partnership. ResQ addresses one of the top audit issues by automating the management of the full user access / provisioning process for Oracle and PeopleSoft, including super-users. ResQ provides control, tracking and documentation of user activities while enabling the business to quickly grant temporary or emergency

href="http://www.logica.com/enterprise+resource+planning/400012579">ERP

About Greenlight Technologies, Inc.

Greenlight Technologies is a leading provider of integrated Governance, Risk and Compliance (GRC) business controls solutions to global enterprises, preventively reducing risks of fraud, security, and errors. Greenlight extends compliance to existing, heterogeneous enterprise application systems, providing a unified, continuously monitored compliance framework. Greenlight provides the industry’s most comprehensive library of pre-defined business controls content for over 25 of the most common ERP and non-ERP systems. The library is important for saving significant implementation costs, on-going time and resource utilization as well as, reducing audit and IT costs. Greenlight has enjoyed rapid growth each year since inception, due to strong market acceptance of its comprehensive, affordable approach. For more information seewww.greenlightcorp.com or emailinfo@greenlightcorp.net.

About Logica:

Logica is a leading IT and business services company, employing 40,000 people. It provides business consulting, systems integration, and IT and business process outsourcing services. Logica works closely with its customers to release their potential - enabling change that increases their efficiency, accelerates growth and manages risk. It applies its deep industry knowledge, technical excellence and global delivery expertise to help its customers build leadership positions in their markets. Logica is listed on both the London Stock Exchange and Euronext (Amsterdam) (LSE: LOG; Euronext: LOG). More information is available atwww.logica.com.

In the frame of Governance, Risk management and compliance, Logica is one of the leaders for SAP GRC implementation. More information is available atwww.logica.com/grc or emailsap@logica.com

About Logica Management Consulting:

Logica Management Consulting has a network of 3,000 consultants located throughout Europe. Logica's consultants help drive the success of clients’ transformation projects. They stand apart through their European culture, ability to work closely with customers, and unique blend of sector-based, functional and technological expertise. More information is available atwww.logica.com/consulting

Press contacts:

Suma Boby
Group PR manager
Tel: +44 (0) 7595 612180
Email:s.boby@logica.com

Kathleen Kinka
PR manager
Tel: 609 883 2371
Email:Kathleen.kinka@greenlightcorp.net

News Source : Greenlight Technologies Partners with Logica for Implementation of TRAC Solutions in EMEA Region