Hertfordshire, United Kingdom and Phoenix, AZ - June 9, 2008 - "We share OCEG's vision and expectations for the future of governance, and the importance of governance software in supporting business processes," said Ken Ebbage, CEO of Pentana. "As a member of the OCEG Technology Council, we look forward to working on the definition of GRC concepts and helping our clients implement their GRC strategies."
Pentana Ltd. and The Open Compliance & Ethics Group (OCEG) are pleased to announce that Pentana, a leading provider of audit management and compliance solutions, has joined the International OCEG community as the latest member of its Technology Council.
"OCEG is thrilled that Pentana has joined our rapidly-growing Technology Council at this pivotal point in the history of GRC management," said Lane Leskela, OCEG's Vice President of Technology Programs. "We look forward to the addition of their focus on audit management process and resource automation in our work groups for GRC technology tools and standards. As a global provider of audit performance tools and controls for risk management, OCEG members will gain from Pentana's perspective on improving GRC processes in the enterprise."
Originating in the UK, Pentana operates on a global basis with offices strategically located in the USA and Australia. Pentana has a strong global network of distributors and partners, which fully supports their clients worldwide. These include top accounting firms and internal audit departments of international companies, worldwide banking corporations and government departments. Recent additions to this network include Auditime India, AH Consulting in Africa and the Prodigy Group in the Far East.
OCEG's Technology Council was formed to address the strategic, operational and technical issues that professionals face when applying information technology (IT) to governance, risk, compliance (GRC) and ethics management and when applying GRC to IT. Participation in the OCEG Technology Council program is available to all OCEG enterprise members from both the end-user and the GRC solution provider communities.About Pentana
Established in 1992, Pentana's mission is to support auditors and other service organizations in their professional work through the innovative use of technology. Having evolved from the auditing and IT marketplace, Pentana prides itself on its knowledge and understanding of the complexities and challenges of the auditing, risk, compliance and accountancy professions. From the early days of developing tailored solutions for auditing clients, Pentana has grown to offer a range of software products that provide flexible and integrated IT solutions. For more information, please visit www.pentana.comAbout the Open Compliance & Ethics Group
OCEG is a nonprofit organization that provides:
- Common Governance, Risk Management and Compliance (GRC) language and structure - a Framework that can be followed to assess risks then design and evaluate controls for them;
- Compliance Metrics - Measurements to ensure performance aligns with company objectives;
- Online Access - a searchable database that provides ready access to key legal requirements (and to the laws and regulations themselves), clearly stated practices to aid with compliance, and tools and resources to make the process easier;
- A community of practice to share ideas, ask questions, and benchmark against peers. OCEG helps organizations drive Principled Performance™.