Monday, May 31, 2004

Government of British Columbia Selects Enterprise Risk Management Software

Government of British Columbia Selects Enterprise Risk Management Software

The government of British Columbia has recently selected PEAK ERM as their enterprise risk management software. The software supports their broad roll out of an enterprise risk management program.

Victoria, British Columbia (PRWEB) October 11, 2003

DelCreo, Inc. – An Enterprise Risk Management Company (“DelCreo”), Tecskor Software Inc. ("Tecskor"), and Projectworx Technologies Inc. (“Projectworx”) are pleased to announce they have been awarded a major software contract to provide an enterprise risk management solution (PEAK ERM) for The Government of British Columbia in Canada. The application will eventually be deployed across all Ministries and BC Government agencies across the province encompassing up to 2,000 individual users.

The PEAK ERM application will enable The Government of BC's network of risk management personnel to manage enterprise risks across the entire BC Government. PEAK ERM will provide departmental and ministry-level risk management as well as BC Government enterprise-wide "aggregate views" of risk. PEAK ERM is designed to scale and operate in today's new web-enabled environments and will enable the Government of BC to rapidly adapt the system to address future changes in the British Columbia enterprise risk management (ERM) environment.

"This application is critical to our ability to manage and mitigate risk across the BC Government. We selected the PEAK ERM because of the solution’s flexibility and easy configuration in addressing our ERM needs", said Phil Grewar, Director, Risk Management Branch, for the BC Government. Phil Grewar, who is leading the ERM initiative in British Columbia, was also named “Risk Manager of the Year” in 1998 by Business Insurance magazine. "Tecskor’s PEAK ERM was the low cost, high value solution in our competition and, along with their partners DelCreo and Projectworx, they clearly differentiated themselves as leaders in the ERM area.

"We are very pleased to be working with the Government of BC and our partners Projectworx and Tecskor, to deliver the PEAK ERM application," said Peter de Gaia, Senior Vice President, DelCreo, Inc. "The PEAK ERM tool will deliver to the Government of British Columbia better governance and oversight over a broad portfolio of risks and risk treatment activities.”

About DelCreo Inc.

DelCreo, Inc., an enterprise risk management company, helps Risk Professionals develop and rollout successful risk programs. DelCreo assists organizations from the Fortune 50 to governments in assessing, detecting, managing, and responding to risks by implementing leading edge risk management processes, tools, and technology.

DelCreo offers risk services including Enterprise Risk Management, Risk Assessment, Risk Program Strategic Planning, Crisis and Incident Management, Business Continuity and Disaster Recovery, Insurance and Risk Financing, IT Security, Physical Security, Privacy, and other Risk-Specific Solutions.

To learn more and to get our FREE “Strategic Plan Workbook for Risk Programs” and monthly “Successful Risk Programs” eZine, visit us at www. delcreo. com, contact us at info@delcreo. com, or call us at 866.DELCREO or 801.756.4180.

About Tecskor Software Inc.

Tecskor Software Inc. is a private Alberta company incorporated in 1997 and located in Calgary. We provide a work coordination solution (PEAK) to industries that are collaboration and project focused, such as governments, higher education and health care (we also have clients in: oil & gas, professional services, telecommunications, construction/engineering and high technology). Our solution is highly scalable, and has been implemented in both small and medium size businesses and in Fortune 500 companies.

Our software offering, which is a proprietary technology, provides a repository of information regarding the work of an organization, which includes projects, initiatives, opportunities and even ideas or high-level concepts. Unique features of the system allow users at the executive, manager or team member level to view the work in its entirety as a portfolio, or in segments specific to their needs (dash board views). The software also integrates a complete range of planning, collaboration and management features to provide a single source system to plan, manage and deliver work.

The value we provide is helping organizations turn their strategies into action, by helping them improve how they focus, develop, manage and implement the highest impact work that delivers value.

About Projectworx

Projectworx, is a Victoria based management consulting firm, founded by Paul Hooper and Ash Knightley. Projectworx combines strong backgrounds in IT and business management together to deliver practical result focused solutions for their clients.

Projectworx is a Tecskor certified partner and has implemented PEAK software for six customers during successful pilots in Victoria during 2002. Four of these customers were BC Government organizations. In addition, Projectworx has implemented the software into production at BC Ferry Corporation.

Projectworx and its partners have extensive experience (over eight years) with ERM software and services.

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