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| Cura extends GRC platform into quantitative modeling with release of Quants |
| Announcement / Corporate Nov 19, 2009, 20:10 IST |
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Global GRC solutions provider Cura Software has launched Cura Quants, its updated quantitative modeling solution designed to integrate with its existing Enterprise GRC Platform. Cura Quants enables customers to quickly and easily quantify the impact of capital and project related risks as well as the effects of accompanying treatment strategies. Cura is a subsidiary of SoftPro Systems Limited, publicly traded on the NSE and BSE in India.
On the occasion of the launch Mr. K. Vijay Rao, Vice Chairman, Softpro Systems said, “The availability of Cura Quants supports the effort to quantify risks for facilitating people to make more educated decisions. Cura has been known for having the most innovative integrated risk management solutions and this is another step in the right direction. We are committed to help companies to effectively deal with risks in today’s dynamic business environment.”
Avi Eyal, CEO at Cura Software Solutions, says this is a vital step for companies striving towards developing a risk-aware culture, since it allows them to put tangible measures such as value at risk, to risks and projects and determine with various confidence levels and treatment strategies what exposures in time and value they face.
“Prior to the Cura Quants, customers wanting to do sophisticated quantitative and scenario analysis would have needed access to specialist skills and expensive disparate toolsets and applications,” Eyal says.
“Cura Quants removes these obstacles by giving users access to the familiar Cura Enterprise GRC interface and an intuitive wizard-driven environment that substantially speeds up the modeling process – even for relatively unskilled users,” Eyal explains.
“Cura Quants is shipped with a number of quantitative reports that can be easily understood thus making it easier to interpret the business relevance of quantitative outputs.” he says.
“We’re confident that by continuing to focus on new solutions such as these we can maintain the lead we have achieved in the market and possibly even widen the gap that exists between us and our competitors,” concludes Eyal.
About Cura Software Solutions
Cura Software Solutions enables businesses around the world to quickly achieve the bottom line benefits of governance, enterprise wide risk management and compliance (GRC), coupled with performance management. Cura does this through fast implementation, easier configurability and true enterprise architecture.
Established in 2001, Cura is used by over 250 customers such as GlaxoSmithKline, Kellogg’s, Westfield, Allianz, Old Mutual plc, Standard Bank, Virgin Blue, Vodacom, AngloGold Ashanti as well as governments and consulting firms world-wide. Cura has offices in New York, Boston, London, Sydney, Melbourne, Singapore, Hyderabad and Johannesburg, and has distributors in 10 countries (South America, Middle East and Asia). Cura is a subsidiary of SoftPro Systems Limited, publicly traded on the NSE and BSE in India.
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