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VanceInfo Technologies Inc. (NYSE: VIT) ("VanceInfo"), an IT service provider and one of the leading offshore software development companies in China,[link widoczny dla zalogowanych], today announced it was granted the 2010 Deloitte China Risk Intelligence Award by Deloitte Touche Tohmatsu CPA Ltd. ("Deloitte"). The award,[link widoczny dla zalogowanych], granted in collaboration with School of Economics and Management at Tsinghua University, recognizes prominent Chinese mainland companies that have demonstrated competence in enterprise risk management. Twenty five enterprises out of more than 120 participating companies were selected for the awards.
Deloitte defines a risk intelligent enterprise as one that is able to intelligently manage a full spectrum of risks across all aspects,[link widoczny dla zalogowanych], the practice of which helps improve operations and enhance transparency. The selection criteria,[link widoczny dla zalogowanych], covering nine distinct characteristics of risk intelligent enterprises,[link widoczny dla zalogowanych], center upon the innovativeness and achievements of risk management work.