CA, one of the world’s largest IT management software companies, has announced the release of CA Clarity 8, a new version of its Project & Portfolio Management (PPM) solution. It made the announcement during the Hawkamah Corporate Governance in the Middle East & North Africa conference held at the Dubai International Financial Centre (DIFC) last month.
The Hawkamah conference focused strongly on the financial sector, aiming at providing deep insight into the key issues of corporate governance and the global legal, regulatory and compliance environment. Speakers at the conference stressed that only good corporate governance can ensure the region’s ability to operate on a level playing field with other markets.
CA Clarity 8 addresses the governance needs by maximising the corporation’s IT ability to align budgets and resources with business needs, while minimising the risk of inadequate control across the enterprise. CA believes that IT governance is integral to the success of corporate governance since it provides organisations with the management and control of IT services, which helps prioritise and justify IT investments. The vendor believes that good IT governance can also ensure that IT change processes comply with the regulatory requirements that are now becoming mandatory in the financial sector, especially for banks operating internationally.
Bjarne Rasmussen, VP, technology and business units, EMEA Eastern markets, CA said: “Good corporate IT governance is vital for financial and economic deployment in the region. Being the global leader for IT governance solutions as well as one of the top 100 technology providers for the financial industry, CA is proud to share our expertise and experience to help fuel the growth of the region’s finance sector in the global market place.” CA Clarity won the ‘Best Solution: IT’ and ‘Best Execution of a PPM Strategy’ awards at the 2006 Project and Portfolio Management (PPM) Summit North America.For all the latest banking and finance news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
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