London - May 5, 2009 - MEGA, the international company that provides fully integrated governance, risk, and compliance (GRC) and business process analysis (BPA) software, will be participating in the Finance Directors' Forum organised by Richmond Events, taking place on 10th June, 2009, at Savoy Place, London.

The business case MEGA will present to delegates is that to efficiently manage GRC and audit activities - at least cost and with the best result - means all these functions need to be supported within one fully integrated and interconnected suite, similar to modern financial software systems. As regulation and the need for compliance intensifies, the company believes the issue of integration is becoming increasingly critical to directors and managers responsible for controlling financial, audit, and related interests.

"Successful GRC means risk management and audit control systems need to be unified," said Ludovic Relandeau, Vice President, UK Operations, MEGA. "In comparison, the financial community uses key applications that are combined into highly integrated and comprehensive solutions, resulting in a great number of business benefits."

Coupled to a process-based approach to risk management, this high level of GRC integration leads to major benefits such as the creation of a consolidated view of risks, processes and controls that allows for increased transparency and the coordination of risk interdependencies, Relandeau explained.

Named as the best solution for integrated risk management and control in a recent report by Yphise, a respected market research company, the MEGA GRC Suite comprises three fully integrated application modules - GRC Risk, GRC Compliance and Control, and GRC Audit. Advanced functions enable both global and local risks to be managed effectively, at corporate and departmental levels respectively. In particular, it offers new ways to improve audit quality and enhance business decision capability; compliance and control additions to meet new reporting requirements; and a host of new tools and enhancements to comprehensively manage risk.

The report in which MEGA GRC Suite was named as the best solution is called ‘Integrated Risk Management and Control' and was published by Yphise in January 2009. It contains a detailed analysis, comparison, and assessment of risk management and control software products. To download the report, visit the MEGA web site.

About MEGA www.mega.com
MEGA provides enterprise architecture, business process analysis, and governance, risk, and compliance solutions, with 70,000 users worldwide. European customers include Allianz, AXA, British American Tobacco, Direct TV, LCL Le Crédit Lyonnais, Renault Nissan, Société Générale and Unicredit.

ENDS

More information from:

Julie Boulanger
MEGA
Telephone: +44 (0)20 8323 8033
E-mail: jboulanger@mega.com
Web: www.mega.com

Mark Mitchell
Pattison Mitchell & Associates
Telephone: +44 (0)20 7924 7700
E-mail: ptml@btinternet.com

Further Information

Pattison Mitchell & Associates
Leslie Mitchell
Partner
Tel: 020 7924 7700
Email: ptml@btinternet.com