American Institute of Certified Public Accountants selects RuleSafe® to boost Internal Compliance
London, UK – 29 April 2008 – The American
Institute of Certified Public Accountants, the national professional membership
and body for CPAs has adopted the RuleSafe® policy
awareness system developed by London-based company Secoda Risk Management.
Secoda's policy and compliance solution RuleSafe®
enables organizations to rapidly create and deploy a framework for communicating
internal policies, standards and procedures to employees and then verify that
those individuals have read, understood and accepted their compliance
responsibilities under those policies.
The AICPA has 650 employees working across five main US locations including; New
Jersey, New York, North Carolina (Durham), Washington, D.C, Texas (Lewisville).
RuleSafe's latest version adds a comprehensive quiz function that allows risk
managers and policy stakeholders to create and deploy multiple-choice online
questionnaires in minutes, and then track employees' and the overall
organizations' levels of understanding of the published policies.
Ranabir Dey, Director of IT Operations commented;
"Our decision to choose RuleSafe® was influenced by the
detailed training and support we received in both the pre and post-sales stages
of our policy awareness program; together with the flexibility of the product
that we can adapt to fit our corporate culture as the organization grows and
develops."
"The AICPA's leadership role as a monitoring and standards-setting body requires
us to set the highest standards for ourselves when it comes to our own internal
compliance management, and as a professional body we instinctively know that
effective communication of organizational policies is the cornerstone of any
risk management program."
"RuleSafe® enables us to both maintain and track our
employee awareness and understanding of our policies, and where appropriate, use
its reporting dashboard to monitor our ongoing improvement across the
organization."
"We are delighted to welcome such a respected institution as the AICPA to our
growing customer base," commented Adrian Wright - Secoda's Managing Director.
"The AICPA's decision to use RuleSafe® to help manage
their in-house awareness and compliance clearly demonstrates the global
relevance of the RuleSafe® architecture and technology to
overcoming the common problems and growing complexity we all face today."
The sale of RuleSafe® to AICPA replaces an earlier
solution supplied by competitor Pentasafe (now NetIQ).
According to Secoda, recent global rises in workplace errors resulting in
widespread breaches of personal information and fines are almost entirely due to
lack of user training and awareness, or a failure to ensure that employees
understand and accept their individual responsibilities for managing the
organizations' risks. By making specific policies and procedures relevant to
specific roles and situations, RuleSafe® reduces and
simplifies the awareness process for each employee, and uses the latest
technologies to bring people and processes together to manage compliance and
risk.
Looking ahead, Secoda is preparing to expand its North American presence with a
number of further sales and a US support partnership to be announced later this
year.
About Secoda Risk Management
Secoda is a leading provider of technology and services within the emerging Governance, Risk and Compliance (GRC) market, including the specialist areas of Information Security and Privacy/Data Protection. First released in 2002, Secoda‘s flagship product RuleSafe® is a web-enabled information solution for managing and promoting awareness of, and compliance with, the policies and procedures of medium to large organizations across all sectors. RuleSafe® is used by major banking, finance and insurance companies along with customers in other regulated industries and sectors.
Contact Information:
Secoda Risk Management Limited
For further information, please contact Adrian Wright of Secoda Risk Management
Ltd
UK tel: 08456 4 27001 fax: +44 (0)8456 4 27002
US tel: 888-4-SECODA fax: +44 (0)8456 4 27002
web: www.secoda.com
email: press@secoda.com
Secoda Risk Management Ltd is a UK limited liability company registered in England and Wales under No. 4422472, whose registered office is at 20-22 Bedford Row, London, WC1R 4JS
About the AICPA
The American Institute of Certified Public Accountants is the ISO
9001-certified national, professional association of CPAs, with more than
350,000 members, including CPAs in business and industry, public practice,
government, and education; student affiliates; and international associates. The
AICPA maintains offices in New York City, Washington DC, Durham, NC, Ewing, NJ,
and Lewisville, TX.
The AICPA represents the profession nationally in dealing with rule-making,
standard-setting and legislative bodies, public interest groups, state CPA
societies, and other professional organizations. The AICPA’s proactive
communications program is designed to inform regulators, legislators, the
public, and others of the varied roles and functions of CPAs in society. The
AICPA also monitors and enforces compliance with the profession’s technical and
ethical standards.
AICPA contact details:
name: Ranabir (Ranny) Dey - Director of IT Operations
tel: +1-919-402-4628 fax:
+1-919-419-4710
web: www.aicpa.org
email: rdey@aicpa.org
