Turnkey Offering Available Initially for Banking and Manufacturing

Wilmington, DE, December 16, 2008—Aline today announced the release of its Enterprise Risk Management (ERM) solution, targeted to meet the increasing demands for transparency and oversight from Boards of Directors, regulators, and rating agencies, such as Standard & Poors. The ERM solution includes a “common practices” risk library, risk management methodology, Aline enabling technology, and expert mentoring services. The solution is being released simultaneously with Fastrack for Banking and Fastrack for Manufacturing. Fastrack promises transformation of an organization’s risk management process to a repeatable level based on the Open Compliance & Ethic Group (OCEG) Risk Maturity Model in less than four weeks, while establishing the foundation for ongoing improvements.   

Aline, known for its powerful GRC platform, positions the ERM solution within its new Strategic Suite. At the heart of all of the company’s solutions is the powerful Aline Framework, a unified enterprise map that aligns all of the siloed information about people, processes, systems and more—often informal and ad hoc—in a single repository. Thus providing full visibility and sophisticated analyses in real-time.

“Our parallel top-down, bottom-up approach allows clients to prioritize ‘bite size’ GRC initiatives within a clear road map so that each builds on the other to provide sustained, robust capabilities at a company’s own pace. This is the ‘secret sauce’ behind all of our solutions,” stated Roland Mosimann, CEO of Aline. “Aline ERM was developed in order to harness a company’s existing risk management efforts and transform them into a reliable and consistent process that is also fully integrated and holistic, as well as visible and verifiable. Fastrack is the means to accomplish a base-line level of this process very quickly.”

At the end of a 4-week Fastrack engagement, clients will have: a consistent risk vocabulary; a discipline around risk; an accepted risk hierarchy; a full enterprise risk assessment; prioritization of risks across the enterprise; a risk mitigation plan; and a well-documented and highly repeatable process. The offerings for banking and manufacturing are available immediately.

About Aline
Aline, a subsidiary of Business Intelligence International (BII), is dedicated to building solutions for Governance, Risk and Compliance (GRC) and Performance Management. Since 1995, Aline has utilized its highly respected thought leadership and expertise to develop quality risk and performance management frameworks, tools, and support for organizations large and small, along with their consultants and vendors. Aline helps organizations build unified enterprise maps that connect their operational endeavors to strategic decision making and oversight via the Aline framework.
For questions or more information about Aline’s Intelligent GRC solutions or BII, contact us at www.AlineGRC.com or 1-877-254-6324.