Virsa Systems Explained

Virsa Systems
Type:Private
Foundation:1996
Location:47257 Fremont Boulevard, Fremont, CA 94538
Key People:Jasvir Gill, CEO
Products:Compliance One, Network Enforcer
Homepage:www.virsa.com

Virsa Systems was a California-based compliance software maker. It now forms the Governance, Risk Management, and Compliance (GRC) vertical of SAP Labs.[1]

History

Virsa Systems was founded by Jasvir Gill, a software engineer based in Silicon Valley. The Virsa tool was substantially based on a tool developed by PricewaterhouseCoopers, known as SAFE, which was purchased by Virsa in December 2004.[2] The SAFE tool was a preventative, automated tool developed to control the granting and management of access within SAP.

On 3 April 2006, SAP AG announced its decision to acquire Virsa Systems. According to the press release,[3] the acquisition was a part of its creation of a new business unit to provide customers with end-to-end solutions for GRC.

See also

Footnotes

  1. Web site: SAP to buy compliance software firm Virsa. Martens. China. 2006-04-03. InfoWorld. en. 2020-01-07.
  2. Web site: Virsa Systems Acquires Software from PricewaterhouseCoopers LLP to Accelerate Delivery of Sarbanes-Oxley Solutions on Multiple Platforms. 2004-12-02. www.businesswire.com. en. 2020-02-02.
  3. http://www.sap.com/usa/company/press/Press.epx?PressID=6247&Query=virsa SAP United States - SAP Launches Governance, Risk and Compliance Management Business Unit to Lead New, Emerging Market