Thomson Reuters Introduces Industry's First Integrated GRC Workflow and Regulatory Content Solution

New York, N.Y., June 16, 2009 – Thomson Reuters, the world's leading source of intelligent information for businesses and professionals, has released the industry's first integrated governance, risk management, and compliance (GRC) workflow and regulatory content solution.

This new, comprehensive solution is the result of the integration of Paisley GRC software with Checkpoint. Paisley Enterprise GRC is compliance workflow software for internal audit, financial controls, risk management, and regulatory compliance; and Checkpoint is the industry-leading online platform for tax & accounting research, expert guidance, and practice development tools. Both Paisley GRC and Checkpoint are products of Thomson Reuters.

The union of these two products enables multinational corporations, large accounting firms, consulting firms, and governmental agencies to effectively manage financial controls, regulatory compliance, internal audits, and enterprise risk. Through this integration, users of the Paisley GRC solutions will have easy access to regulatory news, information, online training, checklists, and how-to guides in the form of in-context information and tools.

"The challenging regulatory climate requires business leaders to invest in new solutions to maximize their company's compliance," said Mark Schlageter, president of Research & Guidance for the Tax & Accounting business of Thomson Reuters. "By providing deep integration between Paisley's GRC software and Checkpoint, our clients will experience a real breakthrough in efficiency and productivity through a more streamlined, holistic GRC management approach."

"We're excited to now offer our customers the industry's best, most trusted content through integration with Checkpoint," said Tim Welu, senior vice president and general manager of Paisley at Thomson Reuters. "Information, analyses, news, and tools developed by the tax and accounting experts at Thomson Reuters combined with our GRC workflow software provides a GRC solution that is unmatchable."

Thomson Reuters acquired Paisley, the leading provider of governance, risk, and compliance solutions, on Jan. 1, 2009. For more information on Paisley solutions, call 320-286-5870, e-mail info@paisley.com, or visit http://www.paisley.com. For more information on Thomson Reuters, visit http://www.thomsonreuters.com. For more information on Checkpoint, visit http://ria.thomsonreuters.com.

About Thomson Reuters
Thomson Reuters is the world’s leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial, legal, tax and accounting, scientific, healthcare and media markets, powered by the world’s most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs more than 50,000 people in 93 countries. For more information, go to http://www.thomsonreuters.com.

The Tax & Accounting business of Thomson Reuters is the leading provider of technology and information solutions for accounting, tax, audit and corporate finance professionals in accounting firms, corporations, law firms and government. Tax & Accounting includes the Corporate Software & Services, Professional Software & Services, and Research & Guidance business groups.