ATK selects Lumigent's AppGRC to automate compliance reporting

Lumigent Technologies, a provider of governance, risk and compliance control system for financial applications, has said that the Mission Systems business group of Alliant Techsystems, an aerospace and defense company, has selected Lumigent's AppGRC to automate the compliance reporting for its Deltek Costpoint application.

According to Lumigent, ATK Mission Systems is using the automated compliance reporting software to augment its Deltek Costpoint system, which has been in production for over two years.

AppGRC will run alongside of the Costpoint application, continuously monitoring its source data and key controls, streamlining and accelerating its compliance reporting.

John Capobianco, president and CEO of Lumigent, said: "We are delighted that Alliant Techsystems (ATK) chose us in helping them find the right solution for their business needs. AppGRC reduces the time it takes to compile meaningful audit data and compliance reports in order to meet increasing complex SOX reporting requirements."

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