This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:Thomson Reuters sells GRC software to Garanti Bank 2009-10-19 10:18 ET - News Release An anonymous director reports GARANTI BANK SELECTS PAISLEY ENTERPRISE GRC SOFTWARE FOR INTERNAL AUDIT MANAGEMENT Thomson Reuters has confirmed that Garanti Bank has chosen Paisley Enterprise GRC to manage its global internal audit business processes. Paisley, the industry leading GRC software solution from Thomson Reuters, was selected for its market-leading position in integrated governance, risk and compliance (GRC), and its proven record delivering best-in-class internal audit management solutions to large enterprise organizations.
"Paisley Enterprise GRC includes the specific functionality we require to streamline and drive costs out of our internal audit business processes," said Osman Turgut, head of internal audit, Garanti Bank. "The Paisley Enterprise GRC system will enable us to further enhance the efficiency and transparency of our internal audit processes and improve the effectiveness of our governance and risk processes."
Garanti Bank is Turkey's second largest private bank by asset size with the highest capacity to generate recurrent banking revenues. As a universal bank with leading presence in all business lines, Garanti serves more than eight million customers in corporate, commercial, subject matter expert (SME) and consumer segments, offering fully integrated financial services through its nine financial subsidiaries that include payment systems, pension, leasing, factoring, brokerage and asset management.
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