Scotiabank First to Implement ControlsAssure as Part of Overall Information Risk Management Initiatives
Naperville, IL – October 11, 2005 – Infogix Inc., the leading provider of automated information control solutions, today announced its newest product, ControlsAssure. The new offering is an enterprise software solution that delivers rules-based information controls. Based upon a Service Oriented Architecture, ControlsAssure allows customers to implement controls across an enterprise and across platforms with ease. It also provides an innovative rules engine database that is leveraged to execute information checks across business processes. Additionally, ControlsAssure streamlines regulatory compliance by providing descriptive information within the controls to identify specific controls as part of auditing and compliance initiatives. Customers then have the ability to "flag" the controls that are in place for auditing purposes as part of such compliance initiatives. ControlsAssure provides business process managers, application owners and audit or compliance staff the ability to implement a complete set of information controls and interact with a standardized set of results. Finally, it simplifies the operation and understanding of controls.
"ControlsAssure ensures that an organization can increase the number of internal controls it implements, but still do it at a lower cost than operating the current controls environment," said Corey Ferengul, Senior Vice President and Group Leader of Market Development for Infogix, Inc. "This is significant to increase operational efficiency, improve user satisfaction, and meet regulatory requirements at a reduced cost."
Scotiabank, one of North America's leading financial institutions and Canada's most international bank, as well as an Infogix customer for more than 10 years, approached Infogix early in 2005 to discuss enhancements they thought would improve the current Infogix product offering. "We are always looking to our customers for input into how our products can continue to be a solution of choice for managing information across the enterprise," said Maureen Polte, Senior Vice President and Group Leader of Product Development for Infogix, Inc. "Many of the details that Scotiabank identified were currently under development for ControlsAssure, and Scotiabank has provided essential input into our high-level development process."
"Infogix has been, and continues to be the vendor of choice, and the automated controls standard that Scotiabank uses across the enterprise across multiple platforms," said Patricia Pollock, Senior Manager of Scotiabank." ControlsAssure will provide a cost effective and efficient way for Scotiabank to manage its information within our information supply chain and meet compliance initiatives with confidence."
ControlsAssure was unveiled today at the Infogix Annual User Conference, and is now available for customer implementation. For more information, or to order ControlsAssure, please visit www.infogix.com or call +1.630.505.1800.
About Infogix, Inc.
For more than 20 years, Infogix, Inc. (formerly Unitech Systems, Inc.) has provided software solutions to organizations that eliminate Information Risk and deliver Information Integrity® for all key stakeholders. As the leading provider of automated information control solutions, Infogix has implemented millions of automated information controls into hundreds of organizations' information supply chains, ensuring the accuracy, consistency, and reliability of information within business processes. Infogix serves hundreds of customers including eight of the top ten financial services companies worldwide, and seven of the top ten U.S. life insurance companies. The company maintains its home office in Naperville, Illinois, and has regional offices in the U.S., Canada, Western Europe, and affiliates in Italy, Chile, and Australia. For more information, call +1.630.505.1800 or visit www.infogix.com.
