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Oracle has acquired LogicalApps, a leading provider of automated Governance, Risk, and Compliance (GRC) controls for enterprise applications.
LogicalApps solutions enable customers to automate GRC activities, such as enforcing proper segregation of duties in enterprise applications, reducing fraud with continuous monitoring of business transactions, and providing defensible evidence of a proper control environment. LogicalApps solutions already are optimized for Oracle Applications, with hundreds of successful deployments.
With LogicalApps' automated control capabilities, Oracle plans to extend its GRC application suite to deliver a closed-loop solution that manages both enterprise-wide GRC processes and enforcement of automated controls within one system.
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