Modulo, a leading provider of technology governance, risk and compliance (GRC) solutions, announced today that the company was named a Strong Performer in "The Forrester Wave TM: Governance, Risk and Compliance (GRC) Platforms, Q1 2014" by Forrester Research Inc. (January 27, 2014). According to the evaluation of the 19 most relevant GRC vendors, the Modulo solution has "great GRC breadth and depth, offering strong integration capabilities and addressing vertical market needs through strategic consulting and business partners. Modulo also has some of the most diverse use cases in the market."

In the first Forrester WAVE report to converge the IT GRC and Enterprise GRC markets, Modulo earned the highest score possible for Overall Breadth and Depth of GRC Domain Support as well as for IT GRC and Third-Party Risk Management domain-specific support. In addition Modulo earned the highest score possible for Customer Feedback.

Forrester also points to the increasing diversity of GRC use cases. "For complex or especially important aspects of the organization, managing all of these risks is nearly impossible without technology, which means companies will continue to see the value that GRC platforms can bring to everything they do."

"Modulo believes that our strong performer placement in Forrester's converged GRC WAVE reflects the significant investments we have made into the Modulo Risk Manager platform - delivering an affordable, flexible and scalable platform that our customers can mature with as they pave the path from technology compliance and risk use cases into effective enterprise-wide risk management use cases," said Stephen Gant, Modulo's Managing Director for North America.

He adds, "Modulo is committed to continuing to innovate through our experience with over one thousand customer implementations, including many of the world's largest risk management programs, and with strategic customer advisory boards."

Over the past year, Modulo has been recognized for its enhancements to the software platform - such as intuitive workflow, risk analytics and reporting that drive better business decision making - as well the release of new modules for Enterprise Risk Management, Vendor Risk Management, and Business Continuity Management that offer a powerful integrated GRC platform.

Modulo Risk Manager, which earned the top 5-star rating from SC Magazine for the past three consecutive years, offers a complete solution for technology risk and compliance management, enterprise risk management, vendor risk management, and business continuity management across the enterprise and extended enterprise of third-party relationships ?' all in a flexible and affordable package specifically designed "out-of-the-box" for IT, security, and compliance professionals looking to align security to their risk and compliance needs.

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To read the report: http://modulo.com/forrester-wave-2014-download/

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About Modulo
Modulo is a leading global enterprise provider of technology governance, risk and compliance (GRC) management solutions. Hundreds of organizations around the world leverage the award-winning Modulo Risk Manager TM as a flexible and affordable approach to manage risk, compliance, and business continuity across the enterprise and extended enterprise of third-party relationships. Customers span the financial, health care, retail, manufacturing, higher-education, telecom, energy and government sectors and include BASF, BC Hydro, Commercial Bank of Dubai, Microsoft, New York University Medical Center, Synovus Financial, and Schlumberger. Modulo has earned industry recognition as both a 2012 and 2013 Innovator of the Year from SC Magazine, which also gave the company's products "5-Star" review ratings for three consecutive years.

Visit www.modulo.com and follow Modulo on Twitter @Modulo_Intl.

Kesselring Communications for Modulo
Leslie Kesselring, 503-358-1012
leslie.kesselring@modulo.com