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RiskVision 7 Ushers New Era of Big Data Risk ManagementSUNNYVALE, Calif. --(Business Wire)-- Agiliance®, Inc., the leading independent provider of integrated solutions for Operational and Security Risk programs, today announced RiskVision™ 7 which introduces a standard of care breakthrough called Big Data Risk Management. RiskVision 7 mines petabytes of operational and security risk data to manage near real time workflow, intelligence, and analytics driving business impact and performance. It builds on the award-winning RiskVision™ 6.5, the first to offer Real-Time Context™ for risk management delivered across private clouds and on premise infrastructures. Organizations are operating in a dynamically changing risk ecosystem, characterized by cyber-attacks on bring-your-own-devices (BYOD) and threats to organizational supply chains. Meanwhile, mushrooming government frameworks such as NIST Cybersecurity scrutinize antiquated, assessment-based risk and governance practices based on managerial opinion. This creates an imperative to strategically align objectives with data-driven analysis of risks from business units, suppliers, as well as cloud and datacenter operations to optimize risk intelligence, prioritization, remediation, and audit reporting. At the September 2013 Gartner (News - Alert) Security & Risk Management Summit in London, Gartner analyst Neil MacDonald presented a transformational, context-based, big data approach. He stated, "Context is critical to turning huge amounts of security data into actionable insight and identifying those things that represent the most risk in an organization. Organizations should demand specific roadmaps to show how vendors are adding application, identity, and context awareness to their products." In the last 12 months, RiskVision was selected over its competition by two global financial services firms funding mid seven-figure transformation projects for line of business, third-party, and application risks. Proof of concepts (POCs) showed RiskVision's modern architecture was 10 to 25 times better in scalability and sustainability, with an ROI and solution success rate deemed best-in-class. Today, RiskVision 6.5 is the only production solution managing over 10,000 practitioners and 500,000 assets. Now RiskVision 7 unleashes defining breakthroughs in big data risk management, including: For Operational Risk Use Cases:
For Security Risk Use Cases:
For All Use Cases:
Table 1. Comparison of Big Data Risk and
Little Data Compliance: "After deploying RiskVision's vendor risk, enterprise risk, policy, and compliance manager, I witnessed Agiliance transform our compliance and security tacticians into risk strategists," said Murray Walton, senior vice president and chief risk officer at Fiserv, Inc. "RiskVision 7's innovations in cyber systems modeling, mobile data correlation, and secure cloud delivery will integrate our risk register to infrastructure threat workflows, analytics, mitigation, and reporting in a top-to-bottom solution for all operational and security risks." "Agiliance eschews the status quo in risk management by replacing managerial opinion and tactical consulting with a purpose-built, big data solution for customers and partners to manage business performance," said Joe Fantuzzi, president and chief executive officer at Agiliance. "Modern risk management requires real-time data and business self-sufficiency so risk owners can respond to business, board and regulator demands in a timely and accurate fashion. RiskVision 7 rings in the New Year with big data risk management and marks the beginning of the end of little data compliance management." Availability and Pricing RiskVision 7 is available immediately. Pricing starts at $25,000 per application per year. About Agiliance Agiliance, the Big Data Risk Company, is the leading independent provider of integrated solutions for Operational and Security Risk programs. Agiliance is automating how Global 2000 companies and government agencies continuously monitor big data for risks across financial, operations, and IT domains to increase operational efficiency and orchestrate incident, threat, and vulnerability actions in real time. Agiliance RiskVision customers demonstrate automation use cases within 30 days on-demand, and within 60 days on-premise, made possible by a configurable platform and applications, broad library of technology integrations, and vast domain and regulatory content. Agiliance RiskVision scales with businesses, effectively managing assets, data, people, and processes to achieve 100 percent risk and compliance coverage. Its real-time risk analysis leads to optimized business performance and better investment decisions. For more information, please visit www.agiliance.com.
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