Wednesday, 10 December 2008

BT Win for Texert

Texert Inc., a enterprise risk management (ERM) solutions provider today announced that it has been selected by BT to provide its customers with a key component for its risk management consultancy offering.

As part of the contract, BT has chosen Texert's J-Port(R) product which provides a governance, risk, and compliance (GRC) solution. This allows BT to offer a sophisticated approach to aggregated operational risk through its integrated structure, enabling the capture, assessment, and reporting of risk and compliance data.
Texert and BT have collaborated on the new product for two years with both organisations wanting to provide a risk exposure and controls performance information system to enable organisations to make GRC part of the value creation of their business rather than the overhead it has become in all too many situations.
The collaboration has led to a new, much needed approach for the next generation of risk management; using risk and compliance to improve business performance and service excellence, changing risk management from a centralised to a community approach, embedding risk management directly into normal business process thereby significantly improving its impact.
J-Port GRC, a browser-based application, equips organisations with the ability to assign a single framework protocol in support of IT based programs, such as ISO 27001, Sarbanes-Oxley (SOX), and Basel II. In addition, J-Port GRC and BT's approach allows organisations to support any number of risk management frameworks, and to bring the associated exposure and controls performance information together into an aggregated view. This aids decision making and focuses management attention where it is needed.
By enabling an enterprise level approach to risk management, and aligning key risks across business processes and strategic imperatives, organisations have much clearer visibility into their true risk profile - the risk profile that matters and drives the success of their business.
Ray Stanton, global head, business continuity, security & governance practice, BT Global Services, said: "Working with Texert further strengthens our ability to deliver comprehensive risk management solutions to our global customers. BT has a long history of managing operational risk across its international networked IT infrastructure and the networks of its customers. Texert's J-Port forms part of a portfolio of leading security, business continuity, and GRC offerings that BT is now able to offer to its global customer base."
T. Curtis Holmes, Jr., President and CEO of Texert, said: "We are extremely pleased that BT has chosen to work with Texert to offer compelling risk management solutions to its global client base. By merging BT's experience in risk and compliance management with Texert J-Port product technology, we are delivering a powerful, differentiated and cost-effective solution for clients worldwide."

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