NSE.IT and Maclear Ink Strategic Alliance for eGRC Solution

Oct. 31, 2012 - PRLog -- NSE.IT and Maclear Ink Strategic Alliance for eGRC Solution

Maclear and NSE.IT has entered into a three dimensional Strategic Alliance to offer world-class business solutions to their customers globally. This partnership will focus on providing enterprises with a comprehensive solution to address Governance for both internal and external facing process initiatives, Risk Measurement and Management and Regulatory compliance. In addition, this Strategic Alliance will focus on helping customer uncover the true value of Maclear products through NSE.IT’s enhanced Professional Services catalogue that leverages a GDC (Global Delivery Center). To provide depth to this relationship and enhance the core product functionality and quality, Maclear will tap NSE.IT’s Mumbai based GDC as a virtual center to Maclear’s Product Engineering division.

NSE.IT and Maclear have entered into an agreement for distribution of Maclear’s suite of eGRC products in India to the Financial Services market and major enterprises. This alliance brings to the India markets the power of Maclear’s Industry recognized top quartile eGRC solutions and NSE.IT’s proven expertise in providing innovative solutions, implementation experience and track record of long term customer support.

‘With the increased criticality and business impact of Regulatory and Business Process compliance, there is an urgent and compelling need for measurable Risk Management framework to ensure better Corporate Governance. The need of the hour for our customers is a comprehensive eGRC solution that can be implemented quickly and has enterprise wide extensibility. The power of the core eGRC framework in Maclear’s product combined with NSE.IT’s full spectrum solutions, implementation and support expertise offers a comprehensive, enterprise wide automated eGRC solution for this business need. NSE.IT is excited about the business edge that Maclear solutions will provide to customers worldwide’ says V.S. Kumar, President – Americas for NSE.IT.

'In today’s changing business landscape organizations face a complex environment of risk, internally and externally. Risk and compliance burdens are growing in number and complexity, bearing down fines and/or censure on the organization and its management. Boards and Auditors need to know the impact of risk, stakeholders demand transparency, clients want assurance the organization upholds their values, and business partners require commitments to compliance and ethics. Maclear’s risk based framework within Maclear eGRC Suite™ aims to provide a comprehensive eGRC solution to addresses these pain points across the organization, increasing performance and achieving efficiency.

Maclear is very excited about the opportunity presented with NSE.IT which will help increase our reach within the US and lay a solid foundation to establishing strong footprints in the Indian and the Asian markets. We are looking forward to leveraging the scale, implementation and support experience that are the cornerstone of NSE.IT’ says Ketan Dholakia, Managing Partner – Maclear.

For further information on Maclear eGRC Suite™, please visit

www.maclear-grc.com  

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About NSE.IT
NSE.IT (http://www.nseit.com/) is a wholly owned subsidiary of the National Stock Exchange of India group, the 3rd largest stock exchange in the world. As a vertical specialist with 900+ professionals focused on Financial Services, Insurance and Banking, NSE.IT provides innovative solutions using both COTS (customized off-the shelf) and bespoke solutions, backed by extensive implementation and product engineering expertise. Our solutions power the full life cycle requirements of Banks, Insurance companies, Financial Services companies and large enterprises, from Front office (Algorithmic and Electronic Trading, Order Management Systems) to Middle office (Comprehensive Risk Management) and Back office operations (Clearing & Settlement). By providing solutions that leverage its Deep domain knowledge, Industry specific technology expertise and Global delivery model, NSE.IT provides faster time to market and lower total cost of ownership to its customers.

About Maclear
Maclear provides superior enterprise governance, risk and compliance solution (eGRC) and consulting services to help drive efficiency, effectiveness and agility across risk and compliance processes.

Maclear eGRC Suite™ is a modular, annuity based, agile software solution that provides transparency and real time holistic view of the enterprise-wide risk posture. A suite of GRC applications built on a highly configurable and extensible software platform delivering the necessary foundation to break down enterprise silos by leveraging a common GRC data repository, framework and language, while supporting incremental adoption. Maclear eGRC Suite™ enables businesses to manage the complexities of the modern dynamic regulatory & compliance environment, industry standards, and internal policies, address risk mitigation and provide audit oversight.

Maclear’s customers include one of the largest credit card companies, the largest online university company in the world, banks ranked within top 50 in the United States and one of the most innovative Exchange data aggregators and distributor in the US.
For further information and a detailed view of Maclear's products and services please visit www.maclear-grc.com or

Call+1 630 414 8452  begin_of_the_skype_highlightingend_of_the_skype_highligh(Americas & APACJ), +44 777 564 1676 begin_of_the_skype_highlighting  end_of_the_skype_highlighting(EMEA).

All Further Press Enquiries for Maclear to press@maclear-grc.com