Securac Acquires Sarbanes-Oxley Company
Published by claudia September 18th, 2006 in News, SOX, Section 404, North America, M&A Tags: Acertus, acquisition, basel ii, cobit, compliance software, M&A, risk assesssment, Section 404, SOX in a box, Sox Process, spi.Securac Corp. an enterprise governance, risk assessment and compliance software and services vendor and provider of Acertus(TM), an integrated software platform for governance, risk and compliance (”GRC”), announced today its wholly-owned subsidiary, Securac Inc., has formally agreed to purchase the assets of Sox Process, Inc. (SPI”), a company based in Simi Valley, California.
Securac’s Acertus(TM) application module for SOX automates assessment of controls and management of the audit process and capture of evidentiary documentation as required by Sections 302, 404 and 906a of SOX. The framework utilizes assessment methodologies such as ISO 27001/17799:2005 or COBiT for the information requirements of 404a, or Basel II for financials, as well as SOX specific content pre-populated in the powerful Acertus(TM) knowledge bases and analytic engine.
SPI’s toolbox that it has created — the ‘SOX in a box’ approach provides companies with a roadmap to navigate through the SOX process, assisting CEOs and CFOs in making the compliance process easier, less expensive and more rapidly completed — will compliment our current knowledge bases under our Acertus(TM) SOX module.
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