Melbourne, Australia – April 21, 2009 – SAI Global Limited (ASX: SAI) has acquired the assets of Syrus Global, provider of the Listen Up™ Employee Reporting & Ethics Helpline (www.syrusglobal.com). In addition to meeting the provisions for confidential and anonymous employee reporting mandated by the U.S. Sarbanes-Oxley Act, the Listen Up service is an essential component of an effective compliance and governance program.
By combining the Syrus Global hotline and case management products with SAI Global’s GRC workflow solutions and online training and awareness, SAI Global can offer its more than one thousand global clients a single view into the range of compliance and ethics reporting and analysis that drives business improvement.
SAI Global’s Global Head of Compliance, Andy Wyszkowski, said “We recognize that our clients face the enormously challenging task of not only complying with Sarbanes-Oxley provisions but also the ever-changing demands of a comprehensive compliance and ethics program. By incorporating Syrus Global’s Listen Up hotline and case management solutions into our portfolio we’re better able to provide corporate counsels and compliance officers the full range of services they need to build and maintain the culture of integrity so vitally important in business today.”
Syrus Global’s President, Alice Peterson, added “SAI Global is the ideal partner for us. We’re confident that by combining our assets with their worldwide presence, extensive product mix and understanding of the business, we’ll have a solution that has real value for all types of organizations, both within the U.S. and internationally”.
Syrus Global clients will continue to use the systems and products they have in place without any change in service. Operations will be managed by the SAI Global Compliance Division with North American headquarters in Plainsboro NJ, and Alice Peterson will join SAI Global’s worldwide team of expert advisors, speakers and consultants.
Overview of Syrus Global
Based in Chicago IL, Syrus Global was founded by Alice Peterson in 2002 in order to address the provisions of the then recently enacted Sarbanes-Oxley Act and provide businesses and organizations a method to address employee concerns about ethical and regulatory issues including accounting fraud, safety violations, sexual harassment, theft of company property, discrimination, and environmental noncompliance.
The Listen Up service is distinguished by its highly skilled listening staff, its easy-to-use online reporting system and its strong incident management, reporting and administrative capabilities.
Media Inquiries
Tia Smallwood, Director Marketing, SAI Global, tia.smallwood@saiglobal.com, phone (609) 955-5135.
About SAI Global Compliance
For almost twenty years, SAI Global Compliance clients have built stronger corporate cultures and more effective all-around programs with our compliance, risk management and governance solutions. With offices in more than 25 countries and on 4 continents, SAI Global provides legal, compliance and risk management professionals with a broad range of technology enabled programs and consulting services that facilitate good governance and awareness of compliance, ethics and policy issues. This includes risk and culture assessments; complete Code of Conduct services and training; award-winning, innovative online training and awareness; training needs assessments; risk- and region-specific online databases, regulatory alerts and newsfeeds; and GRC workflow solutions. www.saiglobal.com/compliance
