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Company Partners with eSolia to Help Japanese Businesses Achieve Compliance with J-SOX Regulations Minneapolis, Minn., July 30, 2007 – Paisley, the leading provider of governance, risk and compliance (GRC) software solutions, today announced that it is expanding its operations in Japan by partnering with eSolia. eSolia is a globally minded, Tokyo-based bilingual information technology management firm. eSolia provides high-quality, business-focused consulting, project and outsourcing services to a variety of blue-chip foreign and Japanese organizations in Japan and abroad. |
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Paisley, a leader in financial controls management software, will team with eSolia to help Japanese businesses address the requirements of the Financial Instruments and Exchange Law—commonly known as J-SOX. J-SOX is a set of Japanese requirements similar to Sections 302 and 404 of the United States Sarbanes-Oxley Act. Paisley has been working with Japanese customers for almost a decade and has more than 200 users based in Japan. |
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"Paisley is a recognized market leader in financial controls software in the U.S. and other markets, and we are pleased to partner with them as they expand their presence in Japan," said Rick Cogley, CEO, eSolia. "Paisley's proven compliance solutions, combined with its blue-chip client roster, make the company an ideal partner. Paisley Enterprise GRC is the right software to facilitate rapid J-SOX implementations, and is a great fit for the new market in Japan." |
As part of the partnership, eSolia and Paisley are offering an accelerated implementation program that enables organizations to achieve J-SOX compliance in 90 days. The two companies will bring their collective skills and experiences to bear in a range of services designed to help companies faced with the J-SOX challenge become compliant easily, and fully leverage their investments.
"Paisley has a longstanding commitment and dedication to the Japanese market," said Tim Welu, CEO of Paisley. "We believe that our years of experience in helping organizations address Sarbanes-Oxley requirements will be invaluable for clients challenged by the emerging J-SOX regulations."
Paisley will offer a Japanese language version of its next-generation software solutions to Japanese clients. Customers can choose from two solutions that address the full spectrum of financial controls management and other business governance requirements: Paisley Enterprise GRC™, a complete solution for large enterprise customers, and GRC on Demand™, a cost-effective solution delivered via a Software as a Service (SaaS) model.
About Paisley
Paisley is an industry-leading software vendor that provides solutions for governance, risk and compliance including financial controls management, internal audit, operational risk management, compliance, IT governance and enterprise risk management. For more than a decade, Paisley has delivered superior software and services to both large enterprise and mid-market organizations. Governance, risk and compliance software has always been and continues to be the company's focus.
Leveraging industry best practices, standards-based technology, and a choice of software platforms and deployment options, Paisley customers are empowered to improve the accuracy, consistency and efficiency associated with internal audit, financial controls management, enterprise risk management, operational risk management, IT governance and compliance initiatives. Developed for companies of every size and across multiple industries, Paisley's solutions enable organizations to streamline governance, risk and compliance processes, reduce costs of compliance, manage and mitigate risks, and provide visibility, oversight and assurance.
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