Type Private Key people Jasvir Gill, CEO Motto "REAL-TIME COMPLIANCE" Parent organization SAP SE | Website www.virsa.com Founded 1996 | |
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Products Compliance One, Network Enforcer Headquarters Fremont, California, United States |
Virsa Systems was a California-based compliance software maker. It now forms the Governance, Risk Management, and Compliance (GRC) vertical of SAP Labs.
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. 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, the acquisition was a part of its creation of a new business unit to provide customers with end-to-end solutions for GRC.
References
Virsa Systems Wikipedia(Text) CC BY-SA