from DSSResources.comCA's new Clarity Risk and Controls Manager draws praise from customers, partners and expertsISLANDIA, N.Y., Oct. 9, 2006 -- CA (NYSE: CA) announced today that its new CA Clarity Risk and Controls Manager is drawing praise from customers, partners and industry experts for its ability to efficiently and effectively manage and monitor compliance initiatives across the enterprise. A key component of the new CA Clarity 8, also announced today, CA Clarity Risk and Controls Manager provides a single system-of-record for enterprise- wide visibility into risk and controls -- from government mandates to corporate requirements. It includes a global repository of all risks and controls, which are clearly mapped to their corresponding legislative mandates. Compliance is an extremely costly undertaking for most organizations, which often manage their compliance initiatives using an inefficient and unsustainable mix of separate systems and spreadsheets. "The number and diversity of discrete compliance measures we have in place across the enterprise -- and the frequency with which those measures have to be modified as a result of regulatory or technical change -- has made it essential for us to get very smart about how we manage them," said Dan Greer, director, global IS governance at Manpower, a leading employment services company. "CA Clarity Risk and Controls Manager is a natural extension of Clarity that provides us with the end-to-end visibility and reporting capabilities we need to keep our efforts on track and avoid wasteful spending." CA Clarity Risk and Controls Manager addresses compliance management challenges by providing complete, well-organized visibility into all relevant controls and risks across the enterprise. This portfolio view significantly improves and streamlines decision-making and simplifies the extension of risk- related due diligence beyond the enterprise to partner, supplier and outsourcer relationships. "CA Clarity Risk and Controls Manager will help organizations gain the visibility they need to more effectively manage ever-changing compliance requirements," said Gregg Mohrmann, PMO senior manager at First Consulting Group, an industry-leading professional services firm focused on healthcare and technology. "With CA Clarity Risk and Controls Manager, organizations will be able to quickly know whether they are in compliance and, if not, what they should do about it." "A dynamic, enterprise-wide, risk-based controls framework is the foundation for a successful institutionalized IT governance program," said Dan Trieschmann, managing director, PricewaterhouseCoopers. "With the significant new functionality that CA has designed into Clarity 8, and PwC's proven expertise in helping customers address their strategic business challenges, we have an exciting solution that can be leveraged by many levels of an organization to meet legal, cost and competitive issues." Key features of CA Clarity Risk and Controls Manager include: * Regulatory Control Optimization maps controls to the internal processes, policies, procedures, SLAs and external regulatory requirements they support, using a framework that includes industry standards such as COSO, CobiT(R), ISO 17799:2005, and NIST. * Continuous Monitoring and Reporting provides on-demand, role-based reporting of risk and control related activities, using common frameworks such as CobiT and Unified Compliance Project (UCP), to all appropriate stakeholders within the organization, and offers new and exciting ways to report these same activities to partners, customers, and external stakeholders as well. * Remediation Project Management for tracking and ensuring any and all measures required to achieve a required state of compliance. * Total Cost and Resource Consumption Visibility via a dashboard that graphically presents management with insight into the resources and costs associated with controls implementation, testing, remediation and risk assessment across the organization "IT risks and business operational risks can no longer be kept in different silos given today's increasingly stringent regulatory environment," said Rick Roberts, independent consultant and former commissioner of the Securities and Exchange Commission. "In my view, public companies should strongly consider CA's new software solution because of the unique way it integrates IT and business risks through a centralized, highly visible repository, which should enable corporate managers to more easily manage both the risks and the costs associated with mitigating those risks." "As customers face an ever-expanding universe of complex regulatory requirements, they need a better way to track and manage the measures they have in place to ensure compliance with those requirements," said Chris Boswell, principal consultant for CA Technology Services. "CA Clarity Risk and Controls Manager offers that better way, by reducing both the cost of compliance support and the risk of compliance failure." CA Clarity Risk and Controls Manager is available with CA Clarity 8 on October 31, and includes valuable supplementary content -- including CA Clarity Best Practices dashboards, templates and workflows, and the IT Governance Institute's CobiT and the IT Compliance Institute's UCP frameworks. CA also is working closely with partners such as PricewaterhouseCoopers to help customers leverage the full range of functionality of CA Clarity Risk and Controls Manager. About CA Clarity CA Clarity, the industry-leading PPM solution, enables IT organizations to achieve world-class performance by improving the quality of their engagement with the business and enhancing their ability to run at peak efficiency. The CA Clarity system features integrated portfolio planning, demand management, project management, resource planning and time and cost management. More than 600,000 users at 650 companies depend on CA Clarity to govern IT and, increasingly, to manage new product development. More information about CA Clarity is available at http://ca.com/clarity. About CA CA (NYSE: CA), one of the world's largest information technology (IT) management software companies, unifies and simplifies the management of enterprise-wide IT. Founded in 1976, CA is headquartered in Islandia, N.Y., and serves customers in more than 140 countries. For more information, please visit http://ca.com. All Rights Reserved. One CA Plaza, Islandia, N.Y. 11749. All trademarks, trade names, service marks, and logos referenced herein belong to their respective companies. |