Countrywide Financial Selects Certus Software for Sarbanes-Oxley 404 Compliance.CUPERTINO, Calif. -- Certus Software, Inc., a proven leader in corporate compliance software for the enterprise, today announced that Countrywide Financial Countrywide Financial Corporation (NYSE: CFC) is a diversified financial marketing and service holding company engaged primarily in residential mortgage banking and related businesses. Corporation (NYSE NYSE See: New York Stock Exchange : CFC CFC See: Controlled foreign corporation ), a leading diversified financial The diversified financial services segment includes a range of consumer and commercially-oriented companies offering a wide variety of products and services, including various lending products (such as home equity loans and credit cards), insurance, and securities and investment services provider and America's #1 residential lender(1), is implementing the Certus Governance Suite(TM) to meet Sarbanes-Oxley 404 compliance requirements Compliance requirements are a series of directives established by United States Federal government agencies that summarize hundreds of Federal laws and regulations applicable to Federal assistance (also known as Federal aid or Federal funds). . Countrywide, ranked as a Fortune 150 company, will integrate Certus' software platform, building upon Countrywide's Year-1 SOX compliance efforts for a sustainable compliance program for Year-2 and beyond. "Helping Countrywide, a multibillion dollar, market-leading company, meet their complex compliance needs is representative of the scale and scope of businesses and markets Certus serves," said Vani Kola kola: see cola. , founder and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Certus Software. "Certus provides the technology platform that allows high-growth, high-demand businesses to leverage their compliance investments for both future regulatory requirements and emerging internal controls practices." The Certus Governance Suite(TM) is a software platform that offers sustainable compliance, audit servicing, and enterprise risk management--the three required facets for end-to-end support of a company's full compliance effort. Aligned with the COSO COSO Committee of Sponsoring Organizations of the Treadway Commission COSO Church of Spiral Oak COSO Corporate South COSO Class of Service Override COSO Combat Oriented Supply Operations (USAF) framework, Certus supports all the major solution components required by compliance--content management, process management, project management and communication management--in a secure, reliable and scalable way. Its rapid implementation, ease-of-use and ability to leverage existing processes enable organizations to integrate Certus quickly into existing environments and realize immediate, significant business value. Certus fully supports complex business topographies including multi-national and multi-divisional organizations. It provides clear visibility at every organizational level that allows management to certify with confidence. Certus minimizes the cost of conformance while maximizing business performance. About Countrywide Financial Corporation Founded in 1969, Countrywide Financial Corporation (NYSE: CFC) -- America's #1 residential lender as ranked by Inside Mortgage Finance (Jan. 28, 2005), Copyright 2005 -- is a member of the S&P 500 and Fortune 500. Countrywide, through its subsidiaries, provides mortgage banking and diversified financial services in domestic and international markets. Mortgage banking businesses include loan production and servicing principally through Countrywide Home Loans, Inc., which originates, purchases, securitizes, sells, and services primarily prime-quality loans. The company is headquartered in Calabasas, California Calabasas is a city in Los Angeles County, California, in the western United States. As of the 2000 census, the city population was 23,123. The city was formally incorporated in 1991. and has a workforce of approximately 45,000 with over 700 offices. For more information about the company, visit Countrywide's Web site at www.countrywide.com. About Certus Certus Software, Inc., the proven leader of corporate governance Corporate Governance The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law. and compliance software for the enterprise, helps organizations build a consistent and sustainable compliance practice that extends beyond compliance requirements to generate lasting business value. Its powerful Certus software suite ensures the transparency and accuracy of internal controls, while leveraging Sarbanes-Oxley conformance as a change agent for immediate accountability and even greater business benefits in the future. Certus' customers include Alcon, Inc., Dell, DIRECTV, E-TRADE, Countrywide Financial, Great-West Life & Annuity Insurance Company, The Mills Corporation, PepsiCo, Polaroid, Seagate Technology, Suntron, and T-Mobile USA. To learn more about Certus, visit www.certus.com. Certus and Certus Governance Suite are trademarks of Certus, Inc. All other products or company names mentioned are used for identification purposes only, and may be trademarks of their respective owners. (1) As ranked by Inside Mortgage Finance (Jan. 28, 2005), Copyright 2005 |
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