Rsam to Address Vendor Risk Management Community at Shared Assessments Summit 2011

March 29, 2011 - PRLog -- Secaucus, NJ – March 29, 2011: Rsam, http://www.Rsam.com- a leader in governance, risk and compliance (GRC) solutions, today announced it will lead a luncheon session on Tuesday, March 29th focusing on integration of the Shared Assessments Standardized Information Gathering (SIG) questionnaire within the Rsam GRC Platform.   The luncheon session is part of the Shared Assessments Summit 2011 being held at the Royal Sonesta Hotel in Boston on March 29-30, 2011.    Rsam, a sponsor of the summit, will also be demonstrating Rsam’s solution for vendor risk management during the event.

The Shared Assessments Program was created for all organizations that are concerned about information controls to protect personally identifiable client or consumer data in outsourced relationships. Rsam and other members of the Shared Assessments Program work together to eliminate redundancies and create efficiencies, giving all parties a standardized, consistent, faster, more rigorous, more efficient and less costly means of conducting security, privacy and business continuity assessments.

As enterprise organizations increase their reliance on third party suppliers, vendor risk management is becoming a more critical element of successful IT and enterprise risk programs.  Rsam enables organizations to implement a sustainable vendor risk program by automating the vendor assessment, collaboration and review process; tracking outstanding issues and remediation activities and generating actionable reports and dashboards for all levels of management throughout the entire enterprise.

To provide further value-add to customers, Rsam licenses the Shared Assessments Program content for Vendor Risk Assessments from BITS whereby customers can access the Shared Assessments controls within Rsam while taking advantage of Rsam’s feature-rich technology and methodology.
 
About Rsam
Rsam is one of the most widely deployed IT-GRC solutions meeting the needs of many types of customers and verticals.  Since 2003, Rsam has been successfully implemented at hundreds of organizations and government agaencies to help them effectively identify, assess, manage, and mitigate risks, while providing enterprise-wide visibility, oversight and assurance.  Rsam’s  modular solutions streamline the risk & compliance process while reduce costs in the areas of: Assessments, Audit, Compliance, Enterprise Risk Management,  Incident Management, Issues & Remediation Tracking, Policy Management, Threat & Vulnerability Management and Vendor Risk Management.

About the Shared Assessments Program
The Shared Assessments Program was created by leading financial institutions, the Big Four accounting firms, and key service providers to inject standardization, consistency, speed, efficiency and cost savings into the service provider assessment process. Through membership and use of the Shared Assessments tools (the Agreed Upon Procedures and the Standardized Information Gathering questionnaire), Shared Assessments offers outsourcers and their service providers a faster, more efficient and less costly means of conducting rigorous assessments of controls for security, privacy and business continuity. The Shared Assessments Program is managed by The Santa Fe Group, a strategic consulting company based in Santa Fe, New Mexico.

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Rsam is a leading provider of enterprise governance, risk & compliance (GRC) solutions. Rsam aolutions combine business criticality, regulatory assessment data, vulnerabilities and findings to enable enterprise wide visibility, oversight and assurance.