Riskonnect and Fusion Risk Management Collaborate to Bring Unified GRC Solution

By CIOReview | Wednesday, May 20, 2015
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FREMONT, CA: Riskonnect and Fusion Risk Management – the two companies into enterprise risk management solutions – have announced collaboration to deliver a unified solution for governance, risk, and compliance (GRC) management driven by the efficiency of premium risk management and business continuity management offerings of the two companies.

The unified solution offers GRC management solution for enterprise risk management, business resilience and compliance, effective response at the time of crisis. By leveraging SaaS-based risk management solutions from both companies on Salesforce.com’s cloud-based application platform, Force.com, businesses can achieve a sophisticated enterprise management and operational risk management software solution.  

The solution offers single integrated technology for reporting, analytics, dashboards, workflows, and approval process built on a common data repository and common organizational model.

“Our strategic alliance with Fusion Risk Management is a watershed moment in providing the most innovative and comprehensive risk management technologies to our clients,” said Bob Morrell, CEO and co-founder of Riskonnect. “With increasing organizational complexity and persistent operational risks, business continuity management has become a critically important pillar of an organization’s overall risk management program.”

“Through this partnership, our customers are now better able to assess, mitigate, respond to, and manage the complex array of risks and disruptive events that may impact their business,” said David Nolan, CEO of Fusion. “Our partnership provides our customers with broader market-leading domain expertise built on a common world-class technology for a seamless experience across the global enterprise.”