Hiperos to Sponsor Shared Assessments Summit 2010

Sponsorship demonstrates Hiperos commitment to delivering accelerated time to value for vendor risk management solutions

SOUTHBOROUGH, Massachusetts –May 17, 2010 – Hiperos, LLC, a provider of on-demand, vendor risk management solutions, announced today that they are a sponsor of the upcoming  Shared Assessments Summit 2010 taking place in Providence, Rhode Island on May 18-19, 2010.

"As a Shared Assessments Partner, Hiperos is committed to developing standard methods and tools for evaluating and controlling vendor risk,” said Greg Dickinson, President and CEO of Hiperos. “As a leading provider of vendor risk management solutions in the financial services industry, we recognize the tremendous value of establishing standard vendor assessments in areas like Information Security, Privacy, Business Continuity, and HIPAA.”

As a Shared Assessments Partner, Hiperos is able to offer all of its customers products that incorporate the Shared Assessments Program Tools, which are aligned with existing standards including ISO 27002:2005, PCI DSS, NIST, HIPAA/HITECH, and COBIT, as well as current FFIEC Guidance.

“We are delighted that Hiperos is a sponsor of the Shared Assessments Summit 2010,” said Michele Edson, Senior Vice President of Marketing and Sales with The Santa Fe Group. “As a sponsor, Hiperos is helping bring together leaders in vendor risk management from a range of industries to learn the latest in managing security, privacy and business continuity risks, including what can be done to verify reliability and resiliency in cloud and SaaS environments.” The Santa Fe Group manages the Shared Assessments Program and hosts the Shared Assessments Summit each year.

Learn more about the Shared Assessments Summit 2010 at the official event website.

About the Shared Assessments Program
The Shared Assessments Program was created by leading financial institutions, the Big 4 accounting firms, and key service providers to inject standardization, consistency, speed, efficiency and cost savings into the service provider assessment process. Through membership in the Shared Assessments Working Group and use of the Shared Assessments tools (the Agreed Upon Procedures and the Standardized Information Gathering questionnaire), Shared Assessments offers outsourcers and their service providers a faster, more efficient and less costly means of conducting rigorous assessments for security, privacy and business continuity. The Shared Assessments Program is managed by The Santa Fe Group, a strategic consulting company based in Santa Fe, New Mexico.

About Hiperos
Hiperos is setting the course for how companies manage their extended enterprise.  Its flagship product, R.Portal, is an on-demand service used to measure and monitor the performance, compliance, and sustainability goals of strategic providers.  By combining rich functionality and a platform for peer-to-peer collaboration, Hiperos provides companies like Aetna, CA, and State Street Bank with the capability to build collaborative supplier relationship management programs - programs intended to reduce costs, lower business risks, and drive improved company performance.  Information about Hiperos’ products and services can be found at www.hiperos.com.

Press Contact:
David Furth
Hiperos
+1 203-341 0777
E-mail David