As we did in 2007, my partner Kim Jones and I attended the IIA's General Audit Management (GAM) conference. The conference provided an excellent venue to renew relationships with clients and prospects, and as always, also provided interesting opportunities to meet with other service firms and software firms.
One new entrant in the Continuous Auditing software arena emerged at the GAM conference - a software firm called Reliant Audit Solutions, from Laguna Niguel, CA. Their CEO, Dipak Shah, has assembled a team with strong enterprise software experience, including software from the GRC space. We were especially impressed with their Marketing VP, who was with Logical Apps prior to their acquisition by Oracle. While we've not done a deep dive yet on their software, we were intrigued with what we saw, and will continue to investigate and report on what we learn.
Kim and I had met Dipak Shah at an IIA technology conference in 2007, when his firm was called DBExcel. At the time, he described his vision for an integrated, real-time auditing and monitoring system that would consider both configuration controls and transaction controls. In addition to controls monitoring, it would also serve as a document repository to assist audit or GRC executives with keeping the records that could demonstrate compliance. For more infomation, see www.reliantaudit.com
From first glance, he and his team at Reliant Audit are staying true to that vision. We look forward to staying connected with them as they grow.
Joe Oringel
Visual Risk IQ
Charlotte NC, USA
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