Proviti Inc., last week announced the company is working with Oracle to provide companies with an integrated compliance solution that leverages its consulting experience with Oracle applications and technologies. Proviti’s deep understanding of regulations including Sarbanes Oxley (SOX), FDICIA, FDA, Basel II and HIPPA, coupled with Oracle’s product offerings will help companies succeed in today’s complex compliance environment.
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“Addressing the many complexities of these regulations continues to be a significant challenge for companies,” said Michael O’Donnell, Proviti managing director and global leader of the firm’s Technology Risk Services. “We’re confident that our extensive consulting capabilities and expertise in compliance processes can help drive down the cost of these initiatives and deliver sustainable controls to Proviti and Oracle customers alike.”
Proviti, a leading international provider of independent risk consulting and internal audit services, is a Certified Partner in the Oracle PartnerNetwork, assisting companies with compliance and controls effectiveness through implementing Oracle applications and technologies, such as Oracle Internal Controls Manager, Oracle’s People Soft Enterprise applications, Oracle Identity Management and Oracle Database Vault. This effort is aligned with Oracle’s overall Global Compliance Initiative, which provides executives with the ability to monitor and control how information is being used, shared, duplicated or disseminated across dynamic information environments.
Oracle PartnerNetwork is a global business network of 16,000 companies who deliver innovative software solutions based on Oracle software.
“Organizations increasingly face complex regulatory requirements that significantly impact business processes and IT infrastructure,” Robert Shimp, vice president, Global Technology Business Unit, Oracle said in a prepared statement. “By working together with Proviti, we are helping customers address these challenges by integrating compliance, security and risk solutions into business processes. Key technologies such as Oracle Database Vault, which helps protect against insider threat, together with Proviti’s proven expertise in compliance processes allow us to deliver cost-effective, sustainable solutions to our joint customers.”