Business & Finance
Business and FinanceBusiness and Finance 
Tue, December 1, 2009
EthicsPoint and Kroll Expand Partnership to Help Companies Address Fraud and Other High-Risk Incidents
PORTLAND, OR and NEW YORK, NY--(Marketwire - December 1, 2009) - EthicsPoint, a leading provider of hotline and anti-fraud reporting and technology services, and Kroll, the world's leading risk consulting company, today announced their expanded partnership to provide organizations with the tools and support to properly resolve incidents ranging from employee misconduct to widespread fraud schemes.
Without processes to effectively detect, investigate and resolve incidents, companies are at risk of potentially significant financial losses and non-compliance penalties. Kroll and EthicsPoint are strengthening their partnership to address this gap, which has become more important with the rising incidence of corporate theft, misconduct and fraud in 2009.
"We are pleased to expand our partnership with EthicsPoint," said Tim Whipple, President of Kroll's Consulting Services Group. "EthicsPoint's state-of-the art technology is a natural fit with Kroll's suite of investigative and compliance monitoring services and will help our clients effectively manage their internal reporting requirements."
As part of the agreement, Kroll and EthicsPoint will collaborate to share knowledge and research among their client base. The expanded alliance extends the client referral relationship globally to now include Asia alongside North America, Latin America and Europe, Middle East and Africa.
"Even with a strong internal investigation protocol in place, there are times when the risks and scale of an issue necessitate the engagement of third-party specialists," said David Childers, CEO of EthicsPoint. "Kroll's record and reputation for helping organizations navigate these sensitive situations makes us confident that they can help our customers fully review and resolve any high-risk issues."
About EthicsPoint
EthicsPoint enables organizations to foster a business culture of integrity and compliance. We help our clients protect their culture and reputation by automating business processes, from the reporting and identification of issues and events of behavior that may be inconsistent with their code of conduct, to the subsequent investigation and resolution of these cases. Over 2,000 organizations use our telephone hotline, web-based reporting and case management services as a critical component of their overall governance, risk and compliance efforts.
For more information, visit [ www.ethicspoint.com ].
About Kroll
Kroll, the world's leading risk consulting company, provides a broad range of investigative, intelligence, financial, security and technology services to help clients reduce risks, solve problems and capitalize on opportunities. Headquartered in New York with offices in more than 60 cities in over 29 countries, Kroll has a multidisciplinary team of approximately 3,000 employees and serves a global clientele of law firms, financial institutions, corporations, non-profit institutions, government agencies, and individuals. Kroll is a subsidiary of Marsh & McLennan Companies, Inc. (
For more information, visit [ www.Kroll.com ].