Software Tool Launched That Will Help UK Companies Significantly Raise Corporate Governance Standards

September 23rd, 2009 LONDON - With policymakers gathering at G20, critics remain sceptical as to whether more regulation is the right way to restore long-term stability to global economies. Sir David Walker, in his recently published review, pointed out that 'principal deficiencies in the financial services sector are related much more to patterns of behaviour than to organisation'.

August 23rd, 2009 NEW YORK - - Evaluation Based on Completeness of Vision and Ability to Execute Thomson Reuters, a leading provider of governance, risk and compliance solutions, today announced it has been positioned by Gartner, Inc. in the Leader's Quadrant of the Enterprise Governance, Risk and Compliance Platforms Magic Quadrant.(i) The Magic Quadrant for Enterprise Governance, Risk and Compliance Platforms "presents a global view of Gartner's assessment of the main software vendors that should be considered by organizations seeking a technology solution to support the oversight and operation of enterprisewide risk management and compliance programs." According to the report, "The market for EGRC platforms is shifting from a focus on regulatory compliance to a focus on enterprise risk management.

July 26th, 2009 DALLAS - - Trintech's Unity Xtensible Financial Reporting (XFR) Solution - Only Embedded XBRL Financial Reporting Tool to Integrate Fully with a Process and Workflow Management Module for the Financial Close Trintech Group Plc (Nasdaq: TTPA), a leading global provider of integrated financial governance, risk management and compliance software solutions, is proud to announce today the availability of Unity Xtensible Financial Reporting (XFR), a financial reporting software solution with embedded support for the tagging and output of XBRL-compliant financial statements. As global accounting standards have started to converge, businesses are increasingly being required to understand and adopt XBRL as an enabling technology in enterprise wide disclosure initiatives being mandated by global financial governing bodies, such as the SEC's Final Rule in the US and HMRC in the UK.

July 12th, 2009 TEL AVIV, Israel - - Nogacom's Products are Powered by a Unique Automated Data Classification Technology Platform That Classifies Data Based on its Business Context Nogacom, a leading provider of automated data classification software solutions for information management and information governance, today announced that it has successfully closed a funding round of private investment from existing investors. The capital raised will fund growth and international expansion programs, as well as support the Company's strategic focus on product development in preparation for the next major release of its information management suite, due out in Q4, 2009.

June 21st, 2009 DALLAS - Conselium, a leading executive search firm with a specialty in ethics and compliance, today introduced Corporate Compliance Insights (CCI), a global online forum and job board for corporate governance, compliance, risk management and business ethics. Corporate Compliance Insights was introduced to fill the growing need of corporate compliance and ethics professionals as they adjust to the new economy and a global shift in business.

June 8th, 2009 WASHINGTON - The International Policy Governance(R) Association (IPGA) announced the selection of Sharon Boesen as their CEO. "The IPGA Board is very pleased that we were able to find such a well rounded candidate as Sharon.

June 7th, 2009 LONDON - The Institute of Chartered Secretaries (ICSA) has today published its report on boardroom behaviours which has been submitted to Sir David Walker as part of his review of corporate governance in UK banks. The report follows a study by ICSA of boardroom behaviours , which took the form of a survey and a number of roundtable meetings with company secretaries.

May 26th, 2009 LUCCA, Italy - Unified Solution for Performance Management and Financial Governance Minimizes Business Complexity Tagetik, a global provider of CPM and Financial Governance solutions, today announced the release of Tagetik 3.0 at its 2009 User Conference. This new product enables companies to simplify the complexity of day-to-day business operations.

May 10th, 2009 FRANKFURT, Germany - Today, Schlafender Hase is proudly releasing the latest version of the Text Verification Tool. The patent protected Windows application compares manuscript against artwork files, independent of the text layout.

April 1st, 2009 LUCCA, Italy - The Extensible Business Reporting Language (XBRL) a Reporting Standard Embraced by the Securities and Exchange Commission (SEC and Other Regulatory Bodies Around the World.) Tagetik, a global provider of Performance Management and Financial Governance software solutions, enabling companies to create financial reports according to the extensible Business Reporting Language standard. XBRL, defined by the SEC as the 21st Century Disclosure Initiative, a new system for financial reporting "accessible and easier to use, dynamic and organized around core company information", it is an open standard that guarantees a transparent innovative and effective financial communication.

September 4th, 2009 KOLKATA - Minister for Corporate Affairs Salman Khurshid will inaugurate an International Conference on Convergence of Corporate Governance Norms here on Saturday. The two-day Conference is being organized by IIT Kharagpur in association with National Foundation of Corporate Governance (NFCG) - which is a not-for-profit Trust under the Ministry of Corporate Affairs.

February 4th, 2009 MUMBAI - The financial market regulator Thursday said corporate India had to be more transparent with shareholders and ensure corporate governance in the post-Satyam scenario. 'Two actions which are being regarded by SEBI are: to require all listed companies to obtain peer audit done, and in case of pledging of promoter shareholding, to make this price sensitive information available to all other shareholders,' said Securities and Exchange Board of India (SEBI) chairman C.B.

August 23rd, 2009 HYDERABAD - India has a huge potential to involve retail investors in the stock markets but they are not coming out to invest because they have learnt a lesson from the Satyam Computer fraud, feels Madhav Mehra, president of the London-based World Council for Corporate Governance. "The stock market participation of Indians is barely two percent while in the US it is 45 percent," Mehra told IANS during a visit here.

July 10th, 2009 THIRUVANANTHAPURAM - Billed as the first of its kind by any state, Kerala government's Indian Institute of Information Technology and Management and the Institute of Management in Government have jointly announced the launch of a post-graduate diploma course in e-governance. The information technology department Friday said in a press release that the two institutes have developed the course for capacity building at the individual level, and to create a good number of trained professionals to manage e-governance projects of the government.

August 4th, 2009 WASHINGTON - US companies are increasingly turning to offshoring their functions to achieve cost savings with small companies looking for new talent clusters beyond India, China and Eastern Europe, according to a new survey. The number of US companies with a corporate offshoring strategy in place more than doubled from 2005 to 2008, according to the fifth annual report on offshoring trends, published by Duke University in collaboration with the Conference Board, a nonprofit business research organisation Monday.

August 21st, 2009 HYDERABAD - Corporate Affairs Minister Salman Khursheed Friday said the government would set up an "early warning system" to pre-empt corporate fraud like that committed by the promoters of Satyam Computers, now Mahindra Satyam. "Experts are working on a mechanism to detect if something has gone wrong and take remedial measures," Khursheed told reporters on the sidelines of a national conference on corporate governance, but declined to elaborate.

September 19th, 2009 MUMBAI - Axiom Education, an education innovation company, Saturday announced the launch of interactive comic textbooks based on the curriculum set by the National Council for Education Research and Training (NCERT) to spread scientific knowledge. Called "iken books", the textbooks have been designed with comic characters imparting education, and will be available in two volumes for students of sixth to eight standards.

January 18th, 2009 NEW DELHI - Commerce Minister Kamal Nath continued to maintain that the Rs.70 billion fraud at Satyam Computer Services was a 'one-off delinquency', though Prime Minister Manmohan Singh has called it a 'blot' on India's corporate image. 'One cannot smear the Indian corporate sector.

May 6th, 2009 NEW DELHI - A majority of Indian firms believe that there is a need to evaluate the performance of the top management and board members and to link the salaries of chief executives to corporate performance, said a report released by auditing major KPMG Wednesday. The report, 'The State of Corporate Governance in India: 2008', prepared on the basis of a corporate governance poll conducted by KPMG in India, said about 85 percent of the respondents said linking CEO remuneration to company performance would help improve corporate governance.

August 30th, 2009 MUMBAI - The Institute of Chartered Accountants of India (ICAI) is all set to come out with insurance specific accounting standards in the next three months. Interacting with newsmen here on Sunday ICAI President, Uttam Prakash Agarwal, said: "We are likely to come out with a insurance sector accounting standards in the next two-three months." Agarwal informed that ICAI has appointed a group of experts for the purpose, once the board approves the recommendations of the committee it will become mandatory.