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Home Risk Management Risk Management Solution Providers

Reinventing the Way that Organizations Approach Risk. Driving Value Attainment

Michael Stewart by Michael Stewart
November 22, 2021
in Risk Management Solution Providers
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Nick Scully
Nick Scully, CEO

Sword GRC

 

Given the pace of change in digital innovation, evolving complexities within the risk, governance and compliance landscape, not least the inherent supply chain risks arising from our global economy, organizations today need agility and resilience.

Global market leader in project and enterprise risk management, Sword GRC elevates the strategic value of an organization’s risk management efforts.

Recognized by industry experts and widely adopted, its award-winning risk management solutions drive business performance for organizations within its core markets of infrastructure, energy, aerospace and defense, construction and government.

Continually innovating, Sword GRC is committed to ongoing investment in Product Development; getting close to its customers to understand the challenges they face within their respective risk spaces and developing the technologies that enable organizations to maintain their leadership.

“With innovation at its core, Sword GRC provides its customers with the ability to balance risks versus rewards, capitalize on risk opportunities as they emerge, mitigate the impact of counter-productive risks and be as prepared as possible for risks that are beyond their control. Nick Scully, CEO Sword GRC

Active Risk Manager, Sword GRC’s award-winning risk management platform is trusted by numerous global organizations, including seven of the largest companies in the aerospace and defense space, and four of the biggest federal agencies. These organizations rely on ARM’s technological innovation to support their pioneering and often extraordinary projects and initiatives.

Today ARM, combined with its Compliance, Policy, Safety, and Audit modules is widely acknowledged as the most configurable and flexible solution to provide a single view of risk, enterprise-wide

Today ARM, combined with its Compliance, Policy, Safety, and Audit modules is widely acknowledged as the most configurable and flexible solution to provide a single view of risk, enterprise-wide – centralizing and simplifying top-down, bottom-up, and cross-organizational risks, controls, opportunities, actions, incidents, and audits.

Available via cloud or on-premise deployment, ARM helps organizations achieve a time to value, far quicker than many solutions by the very nature of it being configured to best practices out of the box. Leveraging digital workflows to fully automate numerous time and resource-heavy risk management processes leads to improved efficiency and decision-making that supports business performance and adds real value.

Providing access to timely and actionable information on both the positive and negative potentials of risk, ARM empowers organizations to make quality decisions, be they setting corporate strategies, driving major projects, or implementing operational improvements.

ARM stimulates better risk-intelligent management, which optimizes and sustains business performance. Designed with the needs of business users as a priority, its features include:

  • Risk Normalization & Aggregation
  • Formula Based Scoring: Enhances risk assessment models through customizable risk-level formulae for aspects such as health and safety, cyber threats, and more.
  • Driving Impact: Gives pre-emptive insights into maximum foreseeable loss, to prioritize risks based on worst-case scenarios.
  • BowTie: Orchestrates risk communications, and helps in identifying critical weaknesses in the control framework.

Global presence, local expertise

Operating from offices in the USA, UK, Asia Pacific and throughout Europe, Sword GRC enables high-profile customers across the world to attain desirable project outcomes and achieve a measurable return on investment.

“We needed a software solution to improve communication, encourage collaboration and increase the amount of time dedicated to engineering rather than viewing graphic manipulation. Active Risk Manager proved to be the most sophisticated and complete risk management solution we looked at.” Office of Safety and Mission Assurance, NASA HQ

“We have been able to significantly develop monthly contingency cash flows based on project needs, and strengthen understanding of project risk behavior and requirements, accurately driving down initial contingency allocation by 5% (approximately $40M) across our project portfolio.” Capital & Risk Management, Ameren Transmission

“Pushing forward in technical innovation and customer impact is at the heart of our vision. We are proud to support customers globally and across all sectors in their GRC digital transformation journeys.”

With a unique and in-depth understanding of customer needs, attained via its customer advisory board, Sword GRC interprets market challenges and drives the development of its ambitious and visionary product road map. The organization embraces new technologies and is currently pursuing a new and redoubled strategy of accelerated product development across its software stack, to inspire both customers and the wider marketplace.”

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Michael Stewart
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