SAP announces new SOA-based applications

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DQC Bureau
New Update

BANGALORE

SEPTEMBER 20, 2006

Building on its existing GRC (Governance, Risk and Compliance Management
offerings), SAP Asia Pacific announced three new service-oriented architecture (SOA)-based
applications designed to create a governance, risk and compliance foundation for
all types of companies.

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SAP solutions for GRC will work together to serve as the building block for
an end-to-end compliance solution.

Built on top of this foundation will be enterprise services that meet the
rigorous requirements of numerous industry-specific GRC mandates. SAP will drive
continuous innovation on top of each of the three new GRC applications.

The three new applications are SAP GRC Repository, SAP GRC Process Control
and SAP GRC Risk Management.SAP GRC Repository will document and maintain GRC
information in a single central system of record, including corporate policies,
board of director minutes, regulations, compliance and control frameworks as
well as key business processes. It will also store and link risk and control
libraries to multiple control frameworks and to international regulations. This
centralization of key GRC information simplifies risk management, promotes
business transparency and cuts the costs associated with GRC initiatives.

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SAP GRC Process Control will offer a risk-based approach that aligns key
controls to business risks in order to promote desired employee behavior and
optimize business processes. The process control application will automatically
aggregate business process risks for the entire enterprise, provide supporting
evidence of compliance, pinpoint control violations to prioritize corrective
action and prevent material weaknesses from developing and persisting. The
software will integrate automated control monitoring for SAP and non-SAP
applications.

SAP GRC Risk Management will help customers to implement collaborative risk
management processes that provide a thorough analysis of key business risks at
multiple levels of the enterprise, across organizational entities, business
processes and IT infrastructure. SAP has designed intuitive and collaborative
processes to guide professional risk managers and business owners in identifying
financial, legal and operational risks, analyzing business opportunities in
light of these risks, and developing appropriate responses.

General availability for SAP GRC Repository and SAP GRC Process Control will
be November 30, 2006. SAP GRC Risk Management will ship in December 2006. All
three products will be sold individually.

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