AUSTIN, March 15, 2021 – SailPoint Technologies Holdings, Inc. (NYSE: SAIL), the leader in identity security for the cloud enterprise, today 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.”
Any forward-looking statement speaks only as of the date as of which such statement is made, and, except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether because of new information, future events, or otherwise.
SailPoint is the leader in identity security for the cloud enterprise. We’re committed to protecting businesses from the inherent risk that comes with providing technology access across today’s diverse and remote workforce. Our identity security solutions secure and enable thousands of companies worldwide, giving our customers unmatched visibility into the entirety of their digital workforce, and ensuring that each worker has the right access to do their job – no more, no less. With SailPoint as foundational to the security of their business, our customers can provision access with confidence, protect business assets at scale and ensure compliance with certainty.
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ICR for SailPoint
Brian Denyeau, 512-664-8916
Jessica Sutera, 978-278-5411