MEGA Demonstrates Operational Risk Solutions at Conference.RAYNHAM, Mass. -- MEGA (1) Million (10 to the 6th power). Abbreviated "M". In communications, mega typically refers to 1,000,000. In storage, mega typically refers to 1,048,576. See MB, binary values and space/time. (2) A prefix attached to words that means a very large size or quantity. , a noted leader in governance, risk, and compliance (GRC GRC Greece (ISO Country code) GRC Glenn Research Center (NASA) GRC Governance, Risk and Compliance GRC Gendarmerie Royale du Canada (RCMP - Canada) GRC John H. ), will demonstrate its newest operational risk solutions from the MEGA GRC Suite at the OpRisk USA conference in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of March 25-26. The MEGA GRC Suite provides enterprises with proven tools to address critical issues in today's troubling economy. It consists of three modules - GRC Risk, GRC Compliance and Control, and GRC Audit - that can be used together or individually to help corporations solve pressing issues in risk identification and control, compliance, and audit. MEGA GRC Risk is a unique and robust solution used to implement risk management initiatives across enterprises. It helps organizations decrease the cost of operational risks, improve performance at the operational level, and facilitate a global program of risk management. MEGA's approach eliminates the independent silos of information that have thwarted thwart tr.v. thwart·ed, thwart·ing, thwarts 1. To prevent the occurrence, realization, or attainment of: They thwarted her plans. 2. enterprises in their efforts to fully identify, communicate, and resolve operational risk issues. The MEGA GRC solution is currently deployed in the US, UK, France, Italy, Belgium, Germany and the Middle East. In January, the MEGA GRC Suite was named as the best solution for integrated risk management and control by Yphise in its 2009 Integrated Risk Management and Control report. MEGA's GRC tool provides support for all types of risk management methods to ensure smooth integration into any existing work environment. Last month, the company released an advanced version of the Suite, with new capabilities to provide an even more complete and flexible solution. The newest version of the Suite offers: * Advanced risk features to fully manage global and local risks * Compliance and control facilities to meet new reporting requirements, including Basel II Basel II is the second of the Basel Accords, which are recommendations on banking laws and regulations issued by the Basel Committee on Banking Supervision. The purpose of Basel II is to create an international standard that banking regulators can use when creating regulations * Improved audit capabilities quality and enhance business decision capability * A host of new platform tools for increased productivity Conference attendees can schedule private meetings with a MEGA executive at the event by contacting Michael Hebda, mhebda@mega.com. About MEGA MEGA provides enterprise architecture, business process analysis, and governance, risk, and compliance solutions, with 70,000 users worldwide. Clients include AT&T, DirecTV, Morgan Stanley NASA in full National Aeronautics and Space Administration Independent U.S. , Nissan, and Wyeth, and the US Departments of Agriculture, Homeland Security Noun 1. Homeland Security - the federal department that administers all matters relating to homeland security Department of Homeland Security executive department - a federal department in the executive branch of the government of the United States , and Transportation. www.mega.com |
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