PRESS RELEASE

SUNNYVALE, Calif. - May 9, 2013 - Agiliance®, Inc., the leading independent provider of Integrated Risk Management solutions for Governance, Risk, and Compliance (GRC) programs, today announced the release of the Agiliance Monetary Authority of Singapore (MAS) Risk Management Content Pack. Built around the Monetary Authority of Singapore's best practices for risk management, it provides financial institutions, supervised by MAS, with productized guidance and intelligence to meet regulatory requirements.

Since the financial collapse of 2008, financial institutions have been increasingly required to assess and report on risk. These mandates are being enforced by oversight agencies such as the U.S. Federal Reserve Bank, U.S. Federal Deposit Insurance Corporation, U.S. Department of Treasury via the Office of the Comptroller of the Currency, the United Kingdom Financial Services Authority, Bundesbank / BaFin of Germany, Monetary Authority of Singapore, etc. When risk controls are insufficient or when banks cannot adequately track or report their risks, they are often required to set aside capital reserves to offset these shortcomings. This continuous risk reporting has created a growing operational burden for organizations.

The Agiliance MAS Risk Management Content Pack provides financial institutions supervised by MAS with the necessary steps to implement and maintain an effective risk management process and internal controls. It encompasses more than 900 controls for each of the eight main areas for risk management:

. Board of Directors and Senior Management;

. Internal Controls;

. Credit Risk;

. Market Risk;

. Liquidity Risk;

. Technology Risk;

. Operational Risk (including Business Continuity and Outsourcing); and

. Insurance (including Fraud Risk).

Using the Agiliance RiskVisionT assessment programs, workflow engine, and Common Control FrameworkT, organizations can gather, score, and review control assessment results, identify control gaps, orchestrate remediation actions, and ultimately gain a holistic view into the enterprise's risk posture.

"For financial institutions, establishing a risk management process is a complex, time consuming exercise that spans defining Board of Directors and senior management roles to covering all aspects of risk," said Torsten George, vice president of worldwide marketing and products at Agiliance. "By providing a framework with built-in intelligence we are slashing the time it takes organizations to create and implement a risk management process that is tailored to their business. Since it meets the stringent requirements imposed by the Monetary Authority of Singapore, it will also satisfy most financial risk monitoring and reporting mandates in effect today around the world."

Availability

The Agiliance MAS Risk Management Content Pack is available immediately. It requires a MAS third-party license.

About Agiliance

Agiliance is the leading independent provider of Integrated Risk Management solutions for Governance, Risk, and Compliance (GRC) programs. Agiliance RiskVision enables Global 2000 companies and government agencies to automate their GRC management processes; and the same platform orchestrates incident, threat, and vulnerability actions in real time. Unlike legacy offerings that take nearly a year to deploy, Agiliance customers demonstrate automation use cases within 30 days on-demand, and within 90 days on-premise, made possible by Agiliance RiskVision's configurable platform and applications, with a broad library of technology integrations, and GRC content. Agiliance RiskVision scales with businesses, effectively managing data, assets, people and processes to achieve 100% risk and compliance coverage. Its real-time risk analysis leads to optimized business performance and better investment decisions. For more information, please visit www.agiliance.com.