June13, 2008

Israel's largest insurance, pensions and finance group, Clal Group chooses Dynasec for Compliance

Dynasec Ltd., a global provider of an integrated GRC (governance, risk management and compliance) software platform announced today that Clal Holdings Group, Israel's largest insurance, pensions and finance group has chosen easy2comply™ to automate their new internal control compliance process based on Sarbanes-Oxley (SOX).
Clal Group investigated several compliance and Business Process Management (BPM) solutions before they ultimately selected easy2comply™. The easy2comply™ solution will be implemented for all the many companies that make up the Clal Group including insurance, pensions and other financial companies in the group.

Clal Group is currently investigating additional easy2comply™ modules to help manage parallel GRC processes such as Operational Risk/Solvency II, IT security compliance, general compliance with the local regulator and Internal Audit management.
Clal Group joins a growing list of insurance and finance companies that have chosen the easy2comply™ software platform to manage their compliance needs.

About Clal Holdings Group
In three decades, Clal Insurance Enterprise Holdings Ltd has become Israel's leading insurance, pensions and finance group, offering services and products to private and corporate clients. The Group manages more than NIS 130 billion in assets.
With branches nationwide, Clal's employees number over 4,000. A further 2,000 agents and brokers work with the Group. Clal's shares are traded on the Tel Aviv Stock Exchange.