ACL Services Recognized in Leading Analyst
Firm’s Magic Quadrant for Continuous Controls
April 06, 2010 08:03 AM Eastern Daylight Time
VANCOUVER, British Columbia--(EON: Enhanced Online News)--ACL Services Ltd., the leading global
provider of business assurance technology for audit and compliance professionals, today announced it has been
included by Gartner, Inc. in the first-ever ‘Magic Quadrant for Continuous Controls Monitoring.’1 ACL was
evaluated on its ability to execute and the completeness of its vision.
In Gartner's inaugural Magic Quadrant report, analysts French Caldwell and Paul E. Proctor emphasize the value
of continuous controls monitoring technology: "Within the governance, risk and compliance (GRC) marketplace,
continuous controls monitoring (CCM) is a set of technologies that assist the business in reducing business losses
from fraud or failure to follow rules governing financial transactions, and improving performance through continuous
monitoring (CM) and reducing the cost of auditing through continuous audit (CA) of the automated controls in ERP
systems or other financial applications."2
The overall continuous controls monitoring technology space defined by Gartner in the report includes four areas:
CCM for Segregation of Duties (CCM-SOD), CCM for Transactions (CCM-T), CCM for Master Data (CCM-
MD) and CCM for Application Configuration (CCM-AC).
For over 20 years, ACL has provided purpose-built data analysis solutions to audit and compliance professionals.
Today, ACL is the leading audit analytics technology, used by over 14,000 organizations worldwide. "We were first
to market with continuous controls monitoring for transactions back in 2003," says Harald Will, ACL Services
president and CEO. "Over the last seven years, hundreds of ACL customers have deployed CCM-T solutions,
most often championed by Internal Audit leaders as a means to provide greater insight into the quality and
transparency of business transactions. We are pleased to see Gartner n