Built-in danger administration software program supplier Riskonnect experiences it has acquired the Sword GRC, a UK-based software program firm that focuses on venture and enterprise danger administration merchandise, from international expertise agency Sword Group.
The acquisition of Sword’s (Governance, Threat and Compliance) enterprise advances Atlanta, Georgia-based Riskonnect’s built-in strategy by incorporating venture danger into its platform.
The acquisition additionally permits Riskonnect to enter into new vertical and geographic markets. Sword GRC focuses on venture and enterprise danger administration for the aerospace and protection, vitality, monetary companies and authorities industries. The corporate serves greater than 300 prospects worldwide and has 150+ staff within the U.S., UK, and Asia Pacific. Sword GRC has workplaces within the UK, U.S., Singapore and Australia.
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Jim Wetekamp, Riskonnect CEO, referred to as Sword GRC’s Energetic Threat Supervisor program a “pure match” and one that may combine “seamlessly” with Riskconnect’s choices.
Riskonnect acquired ICIX last October. ICIX is a California-based worth chain governance firm that helps companies handle and confirm environmental, socials and governance (ESG ) efficiency. ICIX’s software program gives danger, audit, and compliance instruments for sourcing and provide chain administration, security and high quality compliance, range and inclusion, buying and selling accomplice onboarding, data alternate, and efficiency administration.
In 2018, Riskonnect acquired Marsh ClearSight, a danger, security and claims enterprise unit of insurance coverage dealer Marsh.
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