Our technology empowers organizations with the ability to anticipate, manage, and respond in real-time to strategic and operational risks across the extended enterprise. #Active risk manager softwareRiskonnect is the leading integrated risk management software solution provider. Sword GRC’s project risk management solution will seamlessly integrate into Riskonnect’s IRM platform.īryan Garnier & Co acted as financial advisor and Mayer Brown acted as legal counsel to Sword Group, and Kirkland & Ellis acted as legal counsel to Riskonnect.įor more information, visit and About Riskonnect The comprehensive solution set is uniquely built to enable and support business performance through risk management,” said Sword GRC CEO, Nick Scully. We are confident that this combination and its financial strength will better serve our customers through an enhanced and diversified product suite. The company serves over 300 customers worldwide and has 150+ employees in the U.S., UK, and ASPAC. Sword GRC specializes in project and enterprise risk management solutions for the aerospace and defense, energy, financial services and government industries. The acquisition drives both organizations’ global growth objectives and enables Riskonnect to enter into new key vertical and geographic markets. The combined toolset positions us to provide even more value for customers." We’re delivering a truly unparalleled solution to the market that advances those objectives by integrating Sword GRC’s Active Risk Manager into our platform. “The Riskonnect team is passionate about building tools that help our customers bring risk under one roof and achieve end-to-end visibility. "Sword GRC’s innovative project risk and enterprise risk management software is a natural fit with Riskonnect’s integrated risk management vision and offering,” said Jim Wetekamp, Riskonnect’s CEO. The acquisition advances Riskonnect’s IRM approach by uniquely incorporating project risk into its platform and enabling customers to bring all aspects of enterprise risk under one roof. Acquisition accelerates Riskonnect’s integrated risk management vision, enabling customers to bring all aspects of risk under one roof for complete end-to-end visibilityĪTLANTA – Riskonnect, the leader in integrated risk management (IRM) solutions, has acquired Sword GRC, a UK-based software company that specializes in project and enterprise risk management solutions, from Sword Group.
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