London, United Kingdom – June 30, 2015 – FulcrumWay, a leading provider of risk based enterprise controls management solutions, and Rookery Software, author of the award winning Oracle E-Business Suite configuration management software ConfigSnapshot announced today, at the UK Oracle Users Group Applications Innovation Day, a strategic alliance to provide application security and controls solutions to Oracle E-Business Suite Customers. The combined solutions will enable Oracle customers to download Oracle EBS Access and Configuration Controls from the FulcrumWay SmartCloud™ directly into ConfigSnapshot software to detect security policy and control violations. In addition, Oracle customers will be able to access risk remediation and mitigation advisory services to ensure compliance with business policies and regulations such as Sarbanes-Oxley, Dodd-Frank, PCI, FCPA and UK Bribery Law.

ConfigSnapshot software is widely used by Oracle customers around the world to monitor configurations during implementation, upgrade, deployment and maintenance of Oracle E-Business Suite. The product is designed to document, analyze, compare, monitor, plan, migrate and track configuration changes in Oracle E-Business Suite. The latest release of the product also enables the customers to test access controls such as Segregation of Duties.

FulcrumWay SmartCloud™ is the largest online database of risks and controls for EBusiness Suite and other ERP systems. The SmartCloud services include inherent enterprise system risks in key business functions including financial reporting, distribution, supply chain planning, and human resource management enabled by enterprise system such as Hyperion, Oracle E-Business Suite, PeopleSoft, and J D Edward. Business Executives, Process Owners, IT Application Managers and Auditors can access SmartCloud to assess risks and select mitigating controls from a catalog of over 1,000 controls to reduce risk in significant business cycles like Account-to-Report, Procure-to-Pay, Order-to-Cash, Hire-to-Retire and Design-to-Release.

“Many organizations have been seeking affordable and reliable ways to segregate access controls and embed mitigating controls into their ERP Systems to prevent operational waste, regulatory penalties, and financial fraud,” said Jane Jones, Director of Global Channel Sales and Alliances at FulcrumWay and a ten year GRC industry veteran. She added, “In the early days, our customers needed to deploy controls and were hampered by the cost and complexity of implementing such controls. With an integrated offering between Rookery Software’s ConfigSnapshot and FulcrumWay’s SmartCloud that is now available for the Oracle E-Business Suite, we can help overcomethis challenge by providing complete control coverage in just a few days at a fraction of the cost. We look forward to continue working closely with Oracle customers and the ConfigSnapshot team to reduce enterprise risk for our customers.”

“We are excited about this partnership which now enables our customers to instantly access a comprehensive catalog of segregation of duties controls to reduce their application security risks. Furthermore, our customers are able to leverage their investment to extend our configuration management application to provide automated controls that mitigate business risks,” said Andy Harriss, Director of Rookery Software.


About FulcrumWay
FulcrumWay is a leading provider of risk based enterprise controls management solutions that help organizations leverage enterprise management applications to gain strategic opportunities through reliable, rapid and easy access to the largest ERP Controls Catalog available in the cloud. FulcrumWay’s ERP Controls expertise, proven methodology, and integrated controls management services enable organizations to leverage information technology investment and turn enterprise risk into improved business performance. FulcrumWay is a privately held corporation, serving clients in North America with a regional presence in California, New York, and Texas, as well as clients in Latin America, Europe, Middle East, Africa, and Asia through regional representatives and technology solution center in India.


About Rookery Software
Rookery Software is the author of ConfigSnapshot, the most comprehensive and flexible configuration and lifecycle management software available for the Oracle® E-Business Suite. Covering all versions of the E-Business Suite from 11.0.3 to the latest 12.2.4 across more than 130 modules and technical areas, ConfigSnapshot assists end users, implementers and managed service organizations worldwide to reduce time, reduce errors, reduce cost and reduce risk throughout the full E-business suite life-cycle. Rookery Software is a privately held corporation serving clients worldwide.

 

Las Vegas, NV – April 16th, 2015 – FulcrumWay, a leading provider of risk based enterprise controls management, and a sponsor of the Oracle Applications Users Group (OAUG) Collaborate15 conference, announced Role Based Access Controls (RBAC) service for Oracle Fusion Cloud at the conference. This new service extends the currently available RBAC service that is widely adopted by Oracle E-Business Suite users. The Oracle Cloud RBAC service is available to FulcrumWay Business Application Roles Manager customers that enable application security administrator design and migrate application roles from Oracle E-Business Suite to Fusion Cloud Applications. Oracle users are seeking sustainable data security and protection for on-premise and cloud applications. This new service addresses the emerging demand for information security as technology innovations are pushing the limits of enterprise application user security models well beyond current regulatory standards and legal requirements. New and updated regulations, such as the new regulatory framework in the EU, new risks following intelligence leaks, such as that by former US intelligence contractor Edward Snowden, as well as constantly evolving expectations from customers, employees and regulators are all placing pressure on organizations.

FulcrumWay Roles Manger prevents the growing risk of data breaches, from theft of trade secrets to loss of customer information. Corporate audit committees are beginning to focus on the impact of cybersecurity on their organization's financial well-being. Leading organizations are seeking ways to protect non-public information by making it part of their strategic plan. Roles Manager provides the risk-mitigation plan for responding to a possible breach. Corporate boards and audit committees are taking a greater interest in cybersecurity risks to carry out their fiduciary responsibilities. Roles Manager can also protect a company from possible shareholder lawsuits that allege a company's cybersecurity wasn't at a level that could be reasonably viewed to be 'commercially reasonable' and that incident response plans were not in place to mitigate the risk.

"The malicious insider remains a serious threat to cyber security, as well", said Gabrielle Grove, Marketing Manager at FulcrumWay. She added, "A significant number of data breaches come at the hands of people on the inside. As Federal and State and Local Governments add muscle to privacy breach notification laws and enforcement regimes, these hidden insider attacks are becoming more widely known." The SEC now requires breach disclosure of 'material losses', which compels a company to be more transparent and accountable for allowing offenders to go unpunished.

FulcrumWay Roles Manager can generate RBAC security configuration for Oracle E-Business Suite and Oracle Fusion Cloud that improve access security by controlling what a user can do on each function or sets of data under specific conditions, e.g. view and edit are actions, task flows or rows in data tables.

About FulcrumWay

FulcrumWay is a leading provider of risk based enterprise controls management solutions that help organizations leverage enterprise management applications to gain strategic opportunities through reliable, rapid and easy access to the largest ERP Controls Catalog available in the cloud. FulcrumWay's ERP Controls expertise, proven methodology, and integrated controls management services enable organizations to leverage information technology investment and turn enterprise risk into improved business performance. FulcrumWay is a privately held corporation, serving clients in North America with a regional presence in California, New York, and Texas, as well as clients in South America, Europe, Middle East, Africa, and Asia with an international presence through a partner network and technology solution center in India.

Las Vegas, NV – April 11th, 2014 – FulcrumWay, a leading provider of risk based enterprise controls management, and a sponsor of the Oracle Applications Users Group (OAUG) Collaborate14 conference, announced the release of OAT Analytics™, Ontology based Advanced Transaction Analytics for Oracle E-Business Suite, Peoplesoft and J D Edward customers, during the conference. Organizations are seeking new ways to transform their rapidly growing data into insight that mitigates risks and unlocks new opportunities. For most organizations reducing transaction errors and misuse, continues to be one of the largest untapped opportunities to manage costs, improve top line revenue recognition, and ensure compliance with policies.

San Francisco, CA – October 2nd , 2014 – FulcrumWay, a leading provider of Governance, Risk and Compliance (GRC) solutions, and a certified member of the Oracle Partner Network, today unveiled Smart Controls Cloud ™, which is the largest online database of enterprise system controls that mitigate security and business risks in key business functions including financial reporting, distribution, supply chain planning, and human resource management enabled by Oracle enterprise system such as Fusion Cloud, E-Business Suite, PeopleSoft, and J D Edward. Application Managers, Financial Managers and Auditors can access Smart Controls Cloud to assess risks and deploy enterprise controls from a catalog of over 1,000 controls to reduce risk in significant business cycles like Record-to-Report, Procure-to-Pay, Order-to-Cash, Hire-to-Retire and Design-to-Release.

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