enterprisesecuritymag

Advanced data risk management(adrm) :  a sustainable approach to risk management and managed services

Top 10 Risk Management Solution Companies - 2021

The pandemic has changed the world of work forever, with higher levels of remote working either from home or from business continuity back-up sites expected to continue. Regulators and firms fear that this could cause both increased market abuse and a rise in other financial crimes.

Largely, the pandemic has proven what we already knew. Effective enterprise risk management requires a proactive, rather than reactive, approach. Pandemic planning is critical to business continuity and enterprise risk management. As we‘ve seen, and infectious outbreak has a widespread impact, not just on health, but on everything from compliance regulations to economics. Proper planning works to boost the company’s ability to respond quickly and effectively to related internal and external threats.

We know that AI, machine learning, big data analysis, and cognitive technologies will continue to shift the enterprise landscape. The vast array of emerging and improving cognitive technologies are already changing the way many businesses determine risk. Organizations are using smart machines to detect, predict and prevent risks in high-risk scenarios. Most businesses collect massive quantities of data. Then they must find effective ways to analyze that data to derive invaluable insights. The key is correctly analyzing the data gathered to provide insight into potential risks and threats. This is not easy, and will probably require the assistance of experienced skilled internal auditors.

While embracing risk may be difficult, some organizations see this as a viable opportunity to raise the stakes. There is a growing number of businesses that are shifting perspective and looking at risk as a performance enabler.

While it is crucial to address anticipated risk issues, risk managers must also ensure that their businesses have the stability and insight necessary to capitalize on the possibilities that will be produced. Being able to detect the unique opportunities that are present in 2022 and beyond will allow risk managers to deliver more value to their organizations.

We present to you, “Top 10 Risk Management Solution Companies- 2021.”

    Top Risk Management Solution Companies

  • Advanced Data Risk Management (ADRM) specializes in providing traditional security consulting and tailored data-driven solutions and turnkey services for clients, based on the risk and need, through project management and managed security services. The ADRM team understands managed security inside and out and leaves no stone unturned in maximizing the performance of the installed systems. ADRM conducts data-driven, all-hazards quantitative risk assessments, where risk is calculated using mathematic formulae, including probability, consequences, vulnerability and velocity. The ADRM team then recommends solutions to mitigate risk in a cost effective and operationally efficient manner

    www.adrm-security.com

  • Archer is a leading member in the Integrated Risk Management software community that offers both SaaS-based and on-prem solutions depending on the clients’ needs. The company enables businesses to improve their decision-making capability by compiling a complete picture of technology- and security-related risks. With over 1800 clients worldwide and more than two decades of experience, Archerhas strengthened IT and third-party risk management, helping businesses holistically manage risks. To help clients better deal with the unprecedented challenges that the pandemic brought, Archer has significantly improved its operational resiliency solution to enhance business continuity and communication and create better workflow across an organization

    archerirm.com

  • Fusion Risk Management is offering its state-of-the-art risk management platform with an aim to help companies adopt a holistic approach to risk management at all times.The highly advanced platform provides a data framework, insights, and personalized toolsets to analyze risk and proactively manage its impact on an organization’s ability to deliver critical products and services. Thereby, organizations can become more risk-aware and bounce back stronger from any disaster. Be it hurricanes, supply chain disruptions, civil unrest, or a global health crisis, the software analyzes all the factors that can have a scathing impact on the business before recommending numerous methods to avert those risks and keep the business out of harm’s way

    www.fusionrm.com

  • INSUREtrust is the insurance industry's leading specialty insurance brokerage for emerging risks. For more than two decades, the company has been leading the cyber insurance industry with its innovation and expertise in risk management. INSUREtrust created a unique policy form back in 1997, designed to explicitly cover exposures associated with the internet's emerging, digital risks. INSUREtrust recently launched their Cyber Secure Platform (CSP), an innovative new platform designed exclusively for their brokers and clients

    insuretrust.com

  • By balancing the business, operational, and technical aspects, Sharpe Management Consulting has set the mission to help clients unlock business value while mitigating cyber risk. Sharpe Management Consulting provides five different services—governance, risk management, and compliance (GRC), assessments and remediation, incident response, cybersecurity maturity model certification (CMMC), and fractional CISO. Cyberattacks backed by nation-states have become more frequent and varied—to the point of a cyber arms race. To this end, the Department of Defense has mandated compliance with the Cybersecurity Maturity Model Certification (CMMC). Similar mandates are anticipated across the U.S. and NATO. Sharpe Management Consulting’s CMMC offering helps businesses with compliance

    www.sharpellc.com

  • Allgress

    Allgress

    Allgress enables enterprise risk, security, and compliance professionals the ability to efficiently manage their risk posture. By utilizing advanced visualization, automation, streamlined workflows, and the integration of existing data feeds, Allgress reduces the complexity and cost of risk management. Unlike other risk management solutions, Allgress customers derive value in days rather than months

  • MetricStream

    MetricStream

    MetricStream, the independent market leader in enterprise and cloud applications for Governance, Risk, Compliance (GRC) and Quality Management, makes GRC simple. MetricStream apps improve business performance by strengthening risk management, corporate governance, regulatory compliance, vendor governance, and quality management for hundreds of thousands of users in dozens of industries, including Financial Services, Healthcare, Life Sciences, Energy and Utilities, Food, Retail, CPG, Government, Hi-Tech and Manufacturing

  • NAVEX Global

    NAVEX Global

    The firm’s ecosystem of governance, risk and compliance software provides customers with a better way to manage risks. They provide a system that automates processes, operationalizes big data, and provides real-time risk information to make your compliance program truly exceptional. NAVEX Global is committed to doing the right things right and believe they have the ability to help every organization to do the same

  • Resolver

    Resolver

    Resolver’s mission is to transform Risk management to Risk Intelligence. Their intuitive and integrated risk software for enterprise organizations offers solutions for corporate security, risk & compliance, and information security teams. Resolver empowers businesses to respond effectively to regulatory and market shifts, to discover insights from security and risk incidents, and to streamline risk operations throughout the organization

  • Riskonnect

    Riskonnect

    Riskonnect is the leading integrated risk management software solution provider. Their technology empowers organizations with the ability to anticipate, manage, and respond in real-time to strategic, operational, and digital risks across the extended enterprise. More than 900 customers across six continents use our unique risk-correlation technology to gain previously unattainable insights that deliver better business outcomes. Riskonnect has more than 500 risk management experts in the Americas, Europe, and Asia