Agiliance, Oracle Partner on Risk Assessment

SAN JOSE, Calif. -- Agiliance, the leading provider of IT Governance, Risk and Compliance (IT-GRC) solutions, today announced that it has joined the Oracle® PartnerNetwork. Through this relationship, Agiliance will integrate its award-winning IT-GRC solution to the Oracle Database, Oracle Fusion Middleware, Oracle Enterprise Manager and Oracle Applications such as the Oracle E-Business Suite, to automate IT risk assessments and compliance audits. Agiliance will be demonstrating the value that its IT-GRC solution delivers to Oracle customers at the Security, Risk and Compliance (SRC) pavilion (Booth 3830) at Oracle OpenWorld, at the Moscone Center in San Francisco on November 11-15, 2007.

“In a business climate of increasing regulatory mandates, organizational complexity and shifting risk factors, the way an organization manages and secures its information assets directly impacts its business performance,” said Dev Ghoshal, Vice President of Business Development and Global Client Services, Agiliance. “As the world's largest enterprise software company, Oracle is part of the DNA of modern business. Companies that are more agile, efficient, and proactive in managing the risk and compliance posture of their Oracle systems will have a competitive advantage.”

To satisfy customer demand for solutions that enable and ensure enterprise security and sustainable regulatory compliance, risk management and corporate governance, Oracle is creating a comprehensive ecosystem of partners to deliver solutions and services that meet customer needs. Agiliance plays a key role in this eco-system by providing Oracle customers with an automated solution for managing IT risk and compliance across the enterprise. As part of this integration, Agiliance will update its vast policies and controls library with Oracle supplied content such as security guides, configuration checklists, best practices and risk mitigation recommendations, making them available out-of the-box to Oracle customers. Additionally, Agiliance will be used by Oracle Professional Services and Oracle partners to conduct IT risk assessments of deployed Oracle systems. By integrating key Oracle systems into Agiliance, customers will increase their ability to manage risk according to changes in the business environment, sustain compliance, and optimize their Oracle systems.

“Agiliance IT-GRC was designed to help companies manage the complexity involved with maintaining the IT elements related to corporate governance, risk and compliance,” said Ghoshal. “With this relationship, Oracle customers can leverage Agiliance to provide them with an accurate view of the risk and compliance status of their Oracle systems in relation to the rest of their infrastructure, and have a robust solution for implementing the policies and controls required to best manage security, risk and compliance for their business.”

Agiliance Inc.

Oracle Corp. (Nasdaq: ORCL)