Rate this page   Save this item Print this page Email this page

BMC Software Solves Customer Need for Automated IT Governance, Risk and Compliance

HOUSTON, November 3, 2010 As regulatory and compliance standards continue to evolve globally, IT organizations are increasingly turning to their software vendors to automate the management of their technology and process controls. Today, BMC Software (NASDAQ: BMC) announced the expansion of its industry-standard Business Service Management (BSM) platform with a new set of automated capabilities that enable an IT-centric approach to governance, risk and compliance management.

BMC’s IT Governance, Risk and Compliance (ITGRC) solution provides the capabilities and automation required to orchestrate the ITGRC lifecycle from policy creation to assessment reporting across the enterprise.
 
Marshall & Ilsley Bank of Milwaukee (M&I Bank) looks to BMC to provide automated solutions for managing its compliance requirements for Sarbanes Oxley (SOX) as well as the Gramm Leach Bliley Act (GLBA).
 
“The Office of the Comptroller of the Currency (OCC) requires that we have a clearly established policy for risk remediation,” said Chris John, vice president of IT risk and controls for M&I Bank. “With BMC we are able to achieve and demonstrate compliance with both internal policies and external regulations."
 
According to Gartner analysts Paul Proctor and Mark Nicolett, “IT governance, risk and compliance management (IT GRCM) is maturing as a technology. IT GRCM products address requirements to automate risk management, and should be of interest to the majority of Gartner’s client base.” (Source: Gartner, “MarketScope for IT Governance, Risk and Compliance Management,” April, 2010.)
 
BMC’s ITGRC solution includes the following specific functionality, including the ability to:
  • Define and manage policies
  • Manage and automate controls and audits
  • Automate and enforce compliance across infrastructure, suppliers and end-users
  • Assure appropriate user access permissions across the entire IT environment including mainframe, distributed, virtual and cloud
“By facilitating the mapping of controls to specific IT resources, and by automating the collection and reporting of information on the degree to which those controls are being performed, IT GRCM can strengthen an organization’s position with respect to external audits, and can reduce compliance reporting costs and improve an organization’s capability to address IT risks,” write Gartner analysts Mark Nicolett and Paul E. Proctor in their report, Critical Capabilities for IT Governance, Risk and Compliance Management, April 30, 2010.
 
BMC’s ITGRC offering is fully integrated into its BSM platform, which provides customers with the crucial link between compliance management and compliance execution. This offering constitutes one of the first steps in BMC’s strategy to further develop functionality and products that address the growing customer and industry need to automate these processes. 

Business Runs on IT. IT Runs on BMC Software.

Business thrives when IT runs smarter, faster and stronger. That’s why the most demanding IT organizations in the world rely on BMC Software across distributed, mainframe, virtual and cloud environments. Recognized as the leader in Business Service Management, BMC offers a comprehensive approach and unified platform that helps IT organizations cut cost, reduce risk and drive business profit. For the four fiscal quarters ended September 30, 2010, BMC revenue was approximately $1.96 billion.

Public Relations Contacts:

Jennifer Brenner
Phone: (713) 918 2421
Jennifer_brenner@bmc.com

 

BMC, BMC Software, and the BMC Software logo are the exclusive properties of BMC Software Inc., are registered with the U.S. Patent and Trademark Office, and may be registered or pending registration in other countries. All other BMC trademarks, service marks, and logos may be registered or pending registration in the U.S. or in other countries. All other trademarks or registered trademarks are the property of their respective owners. © Copyright 2010 BMC Software, Inc.

Business runs on IT. IT runs on BMC Software.