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Riskonnect Soars in 2018 with Over 100 New and Expanded Client Relationships and Multiple Industry Analyst RecognitionsRiskonnect, a leading provider of cloud-based Integrated Risk Management technology solutions, today announced a record start to the year, driven by new customers, deeper relationships with existing customers and accelerated realization of its vision for Integrated Risk Management. Building the Foundation of the Resilient Enterprise Riskonnect's global growth was spurred by the addition of more than 10 new clients and over 2,500 new users. More than 110 organizations spanning the U.S., Europe and Asia began or increased their reliance on Riskonnect as the foundation for their Integrated Risk Management efforts. These include leading companies across banking, construction, education, energy, manufacturing, non-profit, telecommunication transportation and healthcare industries. Riskonnect clients now include more than 70 Fortune 1000 companies that are adopting Integrated Risk Management, 48 of which are in the Top 500. These results highlight the key trend of organizations recognizing the need to adopt a comprehensive, holistic approach to risk management, beyond the traditional divisions of governance, risk and compliance (GRC)/enterprise risk management (ERM) and insurable risk management. With a single, fully-integrated platform, Riskonnect is the only vendor that can natively bridge this gap. "Our success during the first quarter of 2018 is a direct result of the market's appreciation of our continued investment in customer success. We are very excited and thankful for the new and existing clients that have chosen to partner with us in their journey toward Integrated Risk Management," said Jim Wetekamp, Riskonnect CEO. Investing in Integrated Risk Management Riskonnect's success in definingthe Integrated Risk Management space was highlighted through the recent recognition as a Leader in The Forrester Wave™: Governance, Risk, And Compliance Platforms, Q1 2018. The acquisition of cloud-based Governance Risk and Compliance (GRC) solution vendor Aruvio in late 2017 and significant new investments in R&D, such as the upcoming New Riskonnect User Experience, powered by the Force.com Lightning Platform, will further accelerate growth in 2018 and beyond. Aruvio's implementation-ready suite of solutions provided the intellectual property, experience and capability to power Riskonnect's rapid product expansion in the areas of ERM, GRC, Vendor Risk Management (VRM), audit management and more. Positioning Customers for Success Other notable customer-driven milestones and investments during the quarter include:
About Riskonnect Riskonnect, a Thoma Bravo portfolio company, is the trusted, preferred source of integrated risk management technology, offering a growing suite of solutions on a world-class cloud computing model that enable clients to elevate their programs for management of all risks across the enterprise. Riskonnect allows organizations to holistically understand, manage and control risks, positively affecting shareholder value. For more information, visit riskonnect.com or call +1-770-790-4700. View source version on businesswire.com: https://www.businesswire.com/news/home/20180515005142/en/ |