Third annual awards program recognizes game-changing technologies likely to impact the GRC market

Austin, Texas, March 5, 2014 – 360factors, a leading provider of Regulatory Change Management solutions, today announced that Predict360 has been honored with a 2014 GRC Technology Innovation Award by independent GRC analyst firm GRC 20/20. The third annual GRC Technology Innovation Awards recognizes technologies that are revolutionizing the Governance, Risk Management and Compliance (GRC) market. Fifteen technologies were selected out of 62 applicants after being carefully evaluated for their innovation.

Over the years GRC technology has evolved and changed. The GRC Technology Innovation Awards process for 2014 recognizes this evolution and represented the most competitive pool of applicants to date. GRC 20/20 closely evaluated all of the written nominations and selected 15 recipients to receive this honor. Some of these recognitions go to established solution providers — others go to up-and-comers. Some have mature offerings, others are still being polished — but all are advancing GRC into new areas. The current award recipients show thought leadership that take GRC in new directions.

“360factors has demonstrated innovation in GRC with its product for Regulatory Change Management”, said Michael Rasmussen, Chief GRC Pundit for GRC 20/20 and internationally recognized expert. “There were many deserving applicants and I am excited to see this overall level of innovation driving the industry forward. The awards were given to those technologies that are delivering something truly unique, game-changing, and revolutionary and are most likely to impact the GRC space over the next year.”

“The increased complexity and pace of regulatory changes over the past few years has subsequently increased risk. This makes regulatory change management an even more important topic for organizations. 360factors, is proud to have developed a disruptive and innovative Regulatory Change Management Software that can help eliminate complexity and reduce risk.” – Ed Sattar, 360factors CEO

About 360factors

360factors empowers organizations to accelerate productivity, innovation and profitability by predicting risks and streamlining compliance. Predict360, its flagship software product, is a Risk and Compliance Intelligence Platform augmented with Artificial Intelligence technology to predict and mitigate operational risks while streamlining regulatory compliance. Predict360 integrates regulations and obligations, compliance management, risks and controls, audits and assessments, policies and procedures, and training in a single cloud-based SaaS platform based on artificial intelligence to provide predictive analytics and unique insights for predicting risks and streamlining compliance. 360factors is the exclusive endorsed solution provider for compliance management by the American Bankers Association (ABA). Visit www.360factors.com for more information.

About GRC 20/20

GRC 20/20 is the authority in understanding how organizations implement GRC practices that are effective, efficient and agile. Through independent research and industry interaction, GRC 20/20 advises the entire ecosystem of GRC roles within organizations, technology and knowledge solution providers, and professional service firms. Organizations engage GRC 20/20 when they need insight, guidance and advice in dealing with a dizzying array of disruptive issues, challenges, processes, information and technologies while trying to maintain control of a distributed and dynamic business environment. Visit GRC 20/20 at https://www.grc2020.com/ and follow on Twitter at @GRCPundit. Note: Quotes may be customized with GRC 20/20 approval. Additional information about the Company may be included. Any modifications and request for changes and approval need to be void of hyperbole. GRC 20/20 quotes and recognition of a company are to be vendor-neutral and not to be endorsements.