Resolver | Top 10 Risk Management Services Company - 2023
Resolver: The Risk Intelligence Expert
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CIOREVIEW >> Enterprise Risk Management >> Resolver

Resolver has been recognized by CIOReview Magazine as the recipient of “Top 10 Risk Management Services Companies - 2023,” based on our proprietary methodology, reflecting its position in the industry. This profile has been developed by the CIOReview research and editorial team based on insights from an interview with Joe Crampton, Chief Product Officer.

Resolver
The Risk Intelligence Expert

Resolver

Joe Crampton, Chief Product Officer
In today’s dynamic business landscape, enterprises need to go beyond the risk management threshold to proactively adopt risk intelligence for driving faster, data-driven decisions.

It is on this premise that Resolver is established.

Resolver, backed by its parent company Kroll, a leading provider of data, technology, and insights related to risk, governance, and growth, propagates a new paradigm of risk intelligence that includes developing a broader, more holistic understanding of the issues facing clients and the industry. It is at the forefront of the risk and security management game by offering an innovative cloud-based Risk Intelligence Software to protect leading global organizations, their employees, customers, supply chain, brands, and shareholders. Resolver specializes in determining their emerging challenges, understanding their complex interrelationships, and creating a proactive approach to risk management.

“Driven by the mission to transform risk management to risk intelligence, our platform consolidates data from the full spectrum of a client’s business to help them make better, data-driven decisions. It provides a holistic view of their vulnerability profile to improve transparency and accountability and enable them to quickly identify and manage issues more proactively,” states Joe Crampton, Chief Product Officer, Resolver.

A core focus on systems integrations and consolidation allows Resolver to provide clients with high-quality embedded risk data linked to their enterprise master data. This helps their teams centralize, access, and update information via one system. It also eliminates redundant integrations, data duplication and transfers, repetitive user onboarding, offboarding training, and support, making it a superior productivity lever to increase efficiency and reduce costs.

Resolver's single, comprehensive no-code platform enables clients to configure intuitive forms and easyto- build reports to simplify their risk, audit, compliance, incident, and cyber workflows. They can also make significant technical and business operation changes independently without requiring additional IT support, as it is completely no-code.

The common risk intelligence platform brings together all risk solutions under one umbrella. Whether security, cyber, financial, audit, operational, or health and safety risks, it offers a centralized source of information clients can easily access and contribute to. It also provides specialized screens, reports, and forms tailored to each team. This ensures the platform meets the needs of each department without sacrificing the mutually shared layer of data that helps paint a complete picture of existing risks across organizations.

The essence of Resolver’s solution is the all-encompassing executive dashboards that capture data related to strategic objectives, critical projects, key initiatives, existing risks within the organizations, past risk mitigation failures, and current controls to prevent these from reoccurring. This information is consolidated with live risk and performance indicators to help clients make data-driven decisions about where they should invest, bolster efforts, as well as drawdown when needed.

Beyond the risk intelligence platform, with its builtin iPaaS and drag-and-drop custom integrations, Resolver simplifies the adoption and integration process and allows clients to plug into its internal networks and systems, reducing manual effort, improving synchronization, and providing live up-to-date information across the organization. Together with Kroll, it offers a unique hybrid of world-class risk intelligence platforms and professional services that can support businesses in risk assessment, incident response, and crisis communication. This is a boon for risk teams as they can now focus on driving highervalue activities and improving process maturity. In the event of a regulatory change or business disruption, Kroll's experts can jump in and help clients manage the extra workload.

Driven by the mission to transform risk management to risk intelligence, our platform consolidates data from the full spectrum of a client’s business to help them make better, data-driven decisions

In its endeavors to support clients with their risk management efforts, Resolver has crafted many noteworthy successes. In one such instance, it collaborated with Bangor Savings Bank, for whom the changing regulatory compliance demands made the already daunting task of staying compliant an overwhelming challenge. The client knew compliance was crucial to avoid hefty fines, reputational damage, or worse, the loss of their banking charter. However, the mountains of spreadsheets and reports overburdened the team while the pressure to remain competitive was also mounting. They also wished to do away with manual Excel spreadsheets, eliminate the siloes between the three lines of business, and seamlessly connect incidents and regulatory obligations with risks in order to improve overall visibility and regulatory reporting.

Once Resolver stepped into the picture, it successfully consolidated their control structure, improved incident submission, simplified the reporting processes, and saved up to five weeks of work per year on board reports, freeing the team to focus on more strategic initiatives. By moving to Resolver’s automated risk reporting systems, this client could eliminate all manual processes. Most importantly, Resolver helped improve transparency and visibility across the organization, with business line managers collaborating to maintain a strong risk culture and centralizing their risk and controls data to improve collaboration.

These successes are a testament to Resolver’s capabilities in delivering an integrated system that simplifies control structure, eases regulatory reporting, and improves incident submissions. Combining Resolver’s cutting-edge software and Kroll’s expert support in a single offering gives clients the best of both worlds.

Resolver

News

Resolver Unveils Risk Intelligence Enhancements in 23.3 Release

Thursday, December 21, 2023

Resolver unveils its 23.3 release, enhancing risk intelligence with dynamic new features for smarter decisions and streamlined operations for risk and security teams.

TORONTO -
Resolver, a leading innovator in Risk Intelligence solutions, is thrilled to announce the upcoming release of Resolver 23.3. This release introduces a host of powerful customer-centric features designed to enhance data-driven decision-making and boost operational efficiency.

Resolver is committed to empowering organizations with leading-edge tools to meet their risk and security management needs. This release will bring significant improvements to the daily operations of our Corporate Security and Governance, Risk, and Compliance (GRC) customers, delivering on our mission of enabling businesses to move faster.

Key features in Resolver's 23.3 Release:

1. Dashboards: In Resolver 23.3, we've elevated our Dashboards, enriching the feature set for advanced data visualization for risk intelligence. With real-time insights and the ability to create custom, visually compelling strategic overviews, and operational summaries, Dashboards provide critical insights at your fingertips. Discover trends, outliers, and patterns in your data to make informed decisions and understand the impact of risks, regulatory obligations, incidents, threats, and vulnerabilities on your business objectives.

2. Document Management (Working Papers): We're excited to introduce Microsoft Office Integration, allowing multiple users to collaboratively edit Word, Excel, and PowerPoint documents within Resolver, all in real-time through the browser. Automatic saving and version tracking streamline review processes and offer a clear audit trail. Empower your audit teams to work collaboratively on working papers and files effortlessly.

3. Enhanced Mapping Capabilities: Replacing existing map functionality with Google Maps aims to resolve location discrepancies, expand coverage, and elevate the overall user experience. Expect more accurate and reliable mapping within the platform, which translates to improved incident reporting, risk assessment and planning, and more efficient operations.

4. Improved Design and UX Enhancements: Resolver users now get a more streamlined and visually appealing interface for easier risk management. Key improvements include a flexible display for tailored information viewing and simpler, color-coded data presentation for quick understanding. The addition of a "Dark Mode" provides a visually comfortable option, enhancing both user experience and the platform's modern aesthetic.

"We're on a mission to empower our users with risk intelligence," explains Resolver Product Manager Erin Peck. "By making our Dashboards tool easy to use and accessible to users at any level of data analysis skills, we're offering our users the insights they need to proactively influence strategy and drive business value."

Top 10 Risk Management Services Companies - 2023

Company
Resolver

Headquarters
Ontario, Canada

Management
Joe Crampton, Chief Product Officer

Description
Resolver gathers all risk data and analyzes it in context— revealing the true business impact within every risk. Resolver’s risk intelligence platform traces the extended impact of all types of risk—whether compliance or audit, incidents, or threats—and translates those effects into quantifiable business metrics.

Top 10 Risk Management Services Companies - 2023

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