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21
May
2009

Arvest Bank Selects Prodiance To Automate Spreadsheet Controls

Arvest Bank, a $10.8 billion regional bank with over 200 locations in 4 states, has selected the Prodiance Enterprise Spreadsheet Manager (ESM) system to automate internal controls over critical financial spreadsheets.


(1888PressRelease) May 21, 2009 - San Ramon, Calif. - Prodiance Corporation, a leading provider of Governance, Risk and Compliance solutions, announced that Arvest Bank, a $10.8 billion regional bank with over 200 locations in 4 states, has selected the Prodiance Enterprise Spreadsheet Manager (ESM) system to automate internal controls over critical financial spreadsheets.

Arvest Bank needed a comprehensive solution to help automate inventory, risk assessment, monitoring and change control, and licensed the following software modules:

- Prodiance eDiscovery - to help automate ongoing discovery, inventory management and risk assessment.

- Prodiance Enterprise Spreadsheet Manager - to help monitor and track changes to critical spreadsheets.

- Prodiance Spreadsheet IQ - to help error checking and spreadsheet diagnostics.

"We're delighted to have been selected to help automate spreadsheet management and control processes for the bank and look forward to a long term, successful partnership," said Dr. Soheil Saadat, president and CEO of Prodiance.

About Prodiance
Prodiance delivers Governance, Risk and Compliance (GRC) solutions to help increase visibility, transparency and control over End User Computing applications such as spreadsheets, databases and BI reports which comprise a significant portion of mission critical data within organizations. Prodiance leverages over 18 years experience in delivering innovative technology solutions for highly regulated markets. Leading global organizations across the banking, insurance, capital markets, energy, telecommunications, manufacturing, media and entertainment, food and beverage, health care, and educational markets have trusted Prodiance as a strategic partner to achieve their goals. Prodiance Corporation is an independent, privately held company based in San Ramon, California. Additional news and information about Prodiance solutions, products and services is available at www.prodiance.com or by calling 1-866-569-5678.

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Contact Information

Eric Perry

Prodiance Corporation

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Voice: 866-569-5678

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