New Item Control Module Provides Greater Level of Detail to Enterprise Wide Controls Solutions
Naperville, IL – May 23, 2006 – Infogix, Inc.,™ the leading provider of automated information controls solutions, announced today the latest release of its ControlsAssure? product line, an Item Matching Module. The new module features new functionality that performs detailed reconciliation and matching to further assist in streamlining regulatory compliance, operational reporting, and the overall monitoring of the steps in the business process to ensure that information is accurate, consistent and reliable.
ControlsAssure is a web-based, enterprise software solution that delivers rules-based automated information controls. ControlsAssure allows organizations to increase the number of internal controls it implements, but still do it at a lower cost than operating their current controls environment. The new module, Item Matching Control Module, gives users the ability to validate detailed level information, at the transaction level, throughout their business processes. The Item Matching Control Module is designed for high volume transaction validation and one to many matching and reporting. Examples of such transactions include claims payments processing in the insurance industry, statement processes for banks, and the millions of pieces of data that flow through telecommunication companies' switches on a daily basis.
"Providing detailed level transaction controls is key to our customers overall enterprise wide controls solutions that are designed to mitigate information risk," said Sumit Nijhawan, Senior Vice President and Group Leader, Product Development of Infogix. "The validation of information at this 'lens view' level ensures that information being processed in such volumes is complete and accurate, and reliable in helping organizations making their overall business decisions."
In addition to the Item Matching Control Module, ControlsAssure includes Time and Sequence Control Module, Summary Balancing Control Module and Duplicate Source Control Module.
For more information regarding ControlsAssure, please visit www.infogix.com or call +1.630.505.1800.
About Infogix, Inc.
For more than 20 years, Infogix, Inc. (formerly Unitech Systems, Inc.) has provided software solutions to organizations that help eliminate Information Risk and deliver Information Integrity for all key stakeholders. As the leading provider of automated information control solutions, Infogix has implemented millions of automated information controls into the information supply chains for hundreds of organizations, to ensure the accuracy, consistency, and reliability of information within business processes. Infogix serves hundreds of customers including eight of the top ten financial services companies worldwide, and seven of the top ten U.S. life insurance companies. The company maintains its home office in Naperville, Illinois, and has regional offices in the U.S., Canada, Western Europe, and affiliates in Italy, Chile, and Australia. For more information, call +1.630.505.1800 or visit www.infogix.com.
