ACL Services Ltd, the leading provider of technology for audit and compliance professionals, and Datawatch Corporation (NASDAQ-CM: DWCH), the leading global provider of information optimization software and services, today announced a strategic alliance that will provide audit, risk and compliance professionals with enhanced ability to analyze data trapped in static reports such as PDFs, HTML files, print files and other content-rich data sources.
"Audit, risk and compliance professionals continually seek technologies that help them deliver more responsive, accurate guidance for their businesses," said Laurie Schultz, president and COO of ACL. "This agreement furthers our mission to provide this technology in a convenient, easy-to-use solution. The efficiencies and capabilities of the combined ACL and Datawatch offering will allow our mutual customers to cost-effectively reduce effort and improve success."
The combination of ACL and Datawatch technologies will offer organizations the ability to more efficiently capture data from semi-structured and loosely-structured data sources — such as PDF documents — and pull it into their ACL data analysis solution. This will provide immediate visibility into critical corporate data, increasing personal productivity, enhancing data quality and integrity, and strengthening their business assurance activities. ACL will sell the solution, branded ACL™ Importer, through both its direct sales and global channel partners. ACL and Datawatch are supporting this strategic alliance with joint marketing, services, sales and certification activities to accelerate adoption of the enhanced analytics solution.
According to Dave Dauksas, partner, PricewaterhouseCoopers,"Important compliance and audit-related information often lives in documents that are not organized into easily-accessed rows and columns. The ability to easily access this data and diligently examine it with a proven analytics platform is a compelling value proposition for audit and compliance professionals."
"For our current customers that use Monarch to access information for audit, risk management and compliance purposes, this alliance with ACL provides significant added value with the seamless integration to ACL's award-winning analytics solutions," said Michael A. Morrison, president and CEO of Datawatch. "For prospects, the combined ACL and Datawatch offering represents a new standard in the industry with no competitive peer."
About ACL Services Ltd
ACL Services Ltd (acl.com) is the leading provider of end-to-end technology for audit and compliance professionals. With a history of helping organizations gain insight into business risk with world-class analytic solutions, ACL's expanded product portfolio now includes technology to help automate business assurance processes across the enterprise. This includes seamless analytic, audit management and dashboard capabilities. Together, ACL's integrated suite of products provides the simplicity, productivity, and increased transparency that result in better audits and corporate risk management. Since 1987, ACL technology has helped organizations reduce risk, detect fraud, enhance profitability, and improve business performance. ACL delivers its solutions to 14,700 organizations in over 150 countries through a global network of ACL offices and channel partners. Our customers include 98 percent of Fortune 100 companies, 89 percent of the Fortune 500 and over two-thirds of the Global 500, as well as hundreds of national, state and local governments, and the Big Four public accounting firms.
About Datawatch Corporation
Datawatch Corporation (datawatch.com) is a leading global provider of report analytics technology to deliver information optimization solutions. Business leaders use Datawatch products and services to access, manage, analyze and act upon 100% of their enterprise information — regardless of data type, format, source or environment. With Datawatch's information optimization platform, organizations can access structured data, semi-structured data and unstructured data, to deliver complete analytic systems that improve decision-making and accelerate action — at a fraction of the cost and time of traditional approaches. The company's market-leading technology is used by more than 40,000 organizations worldwide, including 99 of the Fortune 100. Datawatch is headquartered in Chelmsford, Massachusetts with offices in London, Munich, Sydney, Singapore and Manila, with partners and customers in more than 100 countries worldwide.
Datawatch Investor Relations
E: investor[.]datawatch.com - P: (978) 441-2200 x8323
Carri Toivanen, ACL Services, Ltd
E: press[.]acl.com - P: (604) 974 1430
© 2012 Datawatch Corporation. Datawatch, Monarch, Monarch Enterprise Server and their respective logos are trademarks or registered trademarks of Datawatch Corporation in the United States and/or other countries. All other names are trademarks or registered trademarks of their respective companies.