Focal Point Data Risk, LLC (Focal Point) and Riskonnect Inc. (Riskonnect), two leaders in the competitive Integrated Risk Management (IRM) space, today announced a strategic partnership that aligns Riskonnect’s best-in-class IRM software solutions with Focal Point’s implementation and risk management consulting services.
Gartner predicts that by 2021, half of large enterprises will use an IRM solution to provide better decision-making capabilities. This transition, driven by business leaders looking to understand the full scope of their digital risks, will require IRM solutions with robust feature sets and consulting partners able to implement and integrate these systems across the business.
“This partnership puts Focal Point and Riskonnect in a unique and advantageous position. Both companies are on the leading-edge of the IRM changes, and together they solve some of the most pressing concerns of today’s business leaders,” said Jannie Wentzel, Focal Point’s eGRC practice leader. “This combined offering, leveraging the best features of two great organizations, allows our clients to benefit from increased risk visibility, better decision making, and streamlined compliance.”
Riskonnect’s highly configurable technology is ideal for forward-thinking organizations facing increased scrutiny and accountability for corporate governance, strategy and strategic risk. Their solutions facilitate the ability to plan for and respond intelligently to all risks that could potentially harm an organization and its competitive position, damage corporate reputation and/or restrict strategic growth.
“We’re excited to formally begin this partnership with Focal Point. Demand for our Integrated Risk Management solutions continues to grow, and Focal Point is the right firm to assist our clients with integration into their business,” said Riskonnect’s vice president of strategic marketing, Quin Rodriguez. “Integrating IRM solutions into your business is the key to elevating your risk management program, and we’re committed to working with Focal Point to bring this offering to as many organizations as possible.”
Focal Point is an experienced provider of enterprise GRC (eGRC) and Integrated Risk Management services. Focal Point assist clients with platform implementations, customized integrations, and a full range of project management services. Focal Point also regularly helps organizations set up GRC governance structures, develop GRC frameworks, and build process implementation roadmaps.