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Virsa Systems

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Virsa Systems
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Virsa Systems was a California-based compliance software maker. It now forms the Governance, Risk Management, and Compliance (GRC) vertical of SAP Labs.[1]

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History

Virsa Systems was founded by Jasvir Gill, a software engineer based in Silicon Valley. The Virsa tool was substantially based on a tool developed by PricewaterhouseCoopers, known as SAFE, which was purchased by Virsa in December 2004.[2] The SAFE tool was a preventative, automated tool developed to control the granting and management of access within SAP.

On 3 April 2006, SAP AG announced its decision to acquire Virsa Systems. According to the press release,[3] the acquisition was a part of its creation of a new business unit to provide customers with end-to-end solutions for GRC.[clarification needed]

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Footnotes

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