SailPoint Technologies Holdings, Inc. announced the completion of its acquisition of ERP Maestro,
an early stage SaaS governance, risk and compliance (GRC) solution.
With this acquisition, SailPoint unites identity security with
separation of duties (SoD) access controls monitoring for an
organization's most critical applications, like SAP. This integrated
approach addresses the growing risk of over-permissioned, excessive or
conflicting access to business-critical systems and the sensitive
financial, business and operational data within.
"ERP
Maestro brings an experienced team with a rich heritage in ERP-focused
audit and compliance, coupled with a SaaS access control solution that
will help us to extend identity security to wrap in SoD monitoring and
access controls for our customers' most critical systems, including SAP
and others," said Grady Summers, SailPoint's EVP of Products. "Tapping
their deep domain expertise combined with our comprehensive approach to
managing and securing workforce access across all critical business
systems and applications made for a natural pairing and we're excited to
deliver quick value to our customers in the months ahead."
Once
ERP Maestro is integrated into SailPoint's Identity Platform, customers
will be able to provide stronger access security controls and audit for
SAP and other business-critical systems. This will help organizations
to minimize risk by analyzing logical access and checking for potential
SoD conflicts before user access is granted. This integrated approach
will give SailPoint customers a single view into the entirety of a
workers' access needs across all applications and data, helping to
quickly spot and stop potentially conflicting access, particularly
within these high-value business systems.
"Our
cloud-first approach to GRC and access controls was a paradigm shift
when first introduced to the market. Now it is the expectation. We are
pleased and proud to become a part of the SailPoint brand, a company
that shares that same vision," said Jody Paterson, founder and chairman
of ERP Maestro. "The value of having our GRC and access control suite
integrated with identity security from a single vendor will make
monitoring and preventing risks even more comprehensive and efficient."