LogicManager in the News

LogicManager, RIMS to Update Landmark Risk Maturity Study
November 3, 2011
Positive relationship between the maturity of an organization’s risk management framework and its business performance is proven.

LogicManager Positioned in Magic Quadrant for eGRC Platforms
August 1, 2011
LogicManager has been placed by Gartner, Inc. in the Magic Quadrant for EGRC platforms based on their completeness of vision and ability to execute.

The Risk Disconnect
February 26, 2009
LogicManager CEO interviewed on vendor and supply chain management as critical parts of enterprise risk management and the need for purchasing managers to serve as a bridge to connect departments and question basic assumptions about company operations.

How Enterprise Risk Oversight Affects Credit Ratings
December 15, 2008
A new report from LogicManager and industry trade group Risk and Insurance Management Society (RIMS) has shown for the first time a statistical correlation between a company’s credit rating and its ability to handle risk.

RIMS study validates ERM, November 20, 2008
A new study authored LogicManager and published by the Risk and Insurance Management Society (RIMS) substantiates the value of ERM and indicates that companies with it enjoy higher credit ratings.

ERM creates a stable base for Sarbanes-Oxley compliance, August 10, 2008
A comprehensive enterprise risk management system ensures a repeatable, sustainable risk-based methodology and process. That system can reduce external audit hours by 30% to 60% while improving corporate decision making.

S & P Announces Expansion of ERM ratings, May 7, 2008
S & P announced their ratings process for nonfinancial companies through an enterprise risk management (ERM) review. LogicManager provides rating agency readiness framework to help organizations improve their ERM programs.

Fulle Story
Morgan Stanley revamps risk strategy, February 22, 2008
LogicManager CEO comments on Morgan Stanley’s Enterprise Risk Management strategy.

Full Story

Audit Busters, February 2008
LogicManager customer, Alfa Corporation, slashed external audit hours by 60%, bringing total 404 compliance costs way down. Alfa explains how LogicERM helped them to benefit from Audit Standard 5 (AS5) and better quantify and prioritize financial reporting risk as part of their ERM program.

Finally, a Clear Business Connection to ERM, February 1, 2008
Companies are starting to see the need to bring ERM into their business reporting.

FOX Business
Lax Controls Costs French Bank $7.1B, January 25, 2008
The French investment bank Societe Generale (SCGLY) had to lose $7.2 billion to realize something was very wrong.

WebCPA
LogicManager Upgrades Audit Product, July 24, 2007
LogicERM V.3.0 adds five levels of planning and scoping to the SOX process from the risk-based perspective

WSJ

ERM: The future of Risk Management, June 5, 2007
Co-developed by RIMS and LogicManager, the RIMS Risk Maturity Model provides a "road map" to a successful implementation of an ERM program.