Fulcrum Unveils New Web Service - GRC Monitor

Las Vegas, Nevada- June 11th 2007 – Fulcrum (www.fulcrumway.com), a Certified Member in the Oracle PartnerNetwork, today unveiled a new web service GRC Monitor (www.grcmonitor.com).   This latest product from Fulcrum is compatible with Oracle’s latest release of its GRC application suite and enables Oracle customers to prevent segregation of duty violations, track configuration changes, and sample unusual transactions across heterogeneous enterprise systems.   Over the last few years thousands of companies have since significant increase in IT controls monitoring expense in response to heightened government regulations such as the Sarbanes-Oxley Act.

Most companies have implemented a labor intensive manual process to monitor IT controls.  Fulcrum GRC monitor can help these companies reduce this expense and mitigate the risk of IT control failure.    “While most companies have strong firewalls and virus protection to prevent authorized access from out side the company, they don’t really have automated solutions to prevent internal control failures.  With our latest GRC Monitor, our customers will be able to prevent unauthorized across their Oracle, Peoplesoft Enterprise and JD Edwards applications, helping clients to optimize their investments,” said Jane Jones, Business development Manager, Fulcrum.  Sundar Venkat, Fulcrum Client Manager added “In the past two years at Fulcrum, I've implemented Oracle GRC products for several Fortune 1000 companies in retail, health care, mining and manufacturing industries. Prior to joining Fulcrum, as a Product Manager for Oracle, I participated in developing software that is now part of the Oracle® Governance, Risk, and Compliance Manager. I believe that Oracle customers will welcome a combined GRC solution from Oracle and Fulcrum which will help reduce their compliance expense by continuously monitoring controls through GRCMonitor™ web services based on a central risk management framework in Oracle GRC Manager.”

About the Oracle PartnerNetwork

Oracle PartnerNetwork is a global business network of more than 19,500 companies who deliver innovative software solutions based on Oracle software. Through access to Oracle's premier products, education, technical services, marketing and sales support, the Oracle PartnerNetwork program provides partners with the resources they need to be successful in today's global economy. Oracle partners are able to offer to their customers, leading-edge solutions backed by Oracle's position as the world's largest enterprise software company. Partners who are able to demonstrate superior product knowledge, technical expertise and a commitment to doing business with Oracle can qualify for the Oracle Certified Partner levels http://oraclepartnernetwork.oracle.com

About Fulcrum  Fulcrum is  a leading provider of corporate governance solutions that help organizations establish effective internal controls, accurately report financial information, and proactively manage business performance.  Fulcrum products include GRC-Online, GRC-Intelligence. FulcrumPoint Insight, FulcrumWare  and Fulcrumway Consulting Services.  The complimentary product suite includes GRC Content Library, GRC Application Co source, GRC Planner, GRC Intelligence and GRC Monitor . Companies will be able to save hundreds of hours in updating policies and procedures to comply with regulations. Additionally, customers can leverage the segregation of duties rules and configuration with GRC Content library . With GRC application co source customers have instant access to GRC manager and related Oracle applications. GRCPlanner allows companies to improve planning with a multidimensional framework and mitigate enterprise risk through predictive models for control failures. GRCIntelligence provides dashboards and graphical views that enable management to view financial, operational and IT risks at the enterprise level leading to business performance improvement through better business decisions. GRC Monitor allows companies to  quickly and confidently provision new users and change user privileges through workflows that prevent access control violations and reduce audit time and effort through continuous transaction monitoring and sampling of atypical activities.

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