ALEXANDRIA, Va., Feb. 28, 2005 (PRIMEZONE) -- Pragmatic Solutions, Inc., a leading IT database services provider and provider of cross-platform metadata management solutions, announced that Syspedia(tm) software automates the identification of programmatic controls through business rules harvesting for improved corporate governance and risk management.
"Corporations are unable to easily research and analyze existing programs and systems controls needed for reuse and documentation. This is especially important to meet today's compliance requirements like Sarbanes-Oxley, HIPPA and ISO 11179," said David Beulke, president of Pragmatic Solutions, Inc. "It is difficult to extract the actual business rules or controls that exist in current computer software programs and defining new rules or controls may not incorporate existing governance, duplicates efforts and wastes precious resources. We find that clients have a large quarterly expense involved in manually testing new or existing controls because they are unable to identify where these controls are already automated in their applications in the first place."
Syspedia(tm) is a new generation of innovative enterprise software solutions that allows corporations to easily find and identify existing business rules and controls across all their computing platforms. This includes extracting such controls from software application program logic located anywhere within a corporations network. While one of the ultimate goals of the new Sarbanes-Oxley controls process are to help companies determine the effectiveness of such controls, the combination of unknown knowledge of existing controls and the manual testing of newly defined controls is costing corporations millions of unnecessary dollars every quarter, thus negatively impacting shareholder value. Syspedia(tm) can rapidly identify existing controls, and provides a necessary building block for their ongoing automated monitoring for assurance and compliance.
Syspedia(tm) software is designed to easily and rapidly harvest programmatic business rules and data elements across a company's network of computer systems. This information is stored in the Syspedia(tm) Repository and provides for online self-service analytics and reporting access, which is useful for internal auditors and the IT organization. Once existing controls are identified through this process, they can be reused in documentation, testing and further automation efforts.
About Pragmatic Solutions, Inc.
Pragmatic Solutions, Inc. delivers innovative solutions that help enterprises of all sizes address requirements in the areas of compliance and security, IT modernization, application integration, cost cutting, outsourcing, disaster recovery and six sigma. Its flagship software product Syspedia(tm), the business rules harvesting and self-service analytical solution, provides users with critical cross platform information previously inaccessible. Pragmatic Solutions, Inc. is headquartered in Alexandria, Virginia and more information can be found at www.syspedia.com. The release can also be viewed at www.pressreleasenetwork.com/newsroom.