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  • Nasdaq Bwise: A Holistic Approach to GRC
  • Top 25 Companies Providing GRC Technology Solution - 2018

    GRC stands for governance, risk, and compliance. It is an organized approach to aligning IT with business objectives and managing an organization’s overall governance, enterprise risk management, and compliance with regulations. A flexible GRC strategy benefits companies in improved decision-making, elimination of silos, increased IT investments, and reduced fragmentation among divisions. GRC can be implemented regardless of an organizations size and type. A GRC framework in companies defines measurable that highlight the leadership, organization, and operations of the firms’ IT areas to ensure that they support the company’s strategic common goals. A GRC technology solution enables companies to create and coordinate policies and map them to regulatory and internal compliance requirements. These cloud-based solutions introduce automation for increased efficiency and reduced complexity. There are multiple GRC technology solutions available in the market, but GRC is more than just a set of tools. It aligns a company’s IT operations with the business goals, and it ensures that the risk associated with the organization's activities is identified and addressed, and then it ensures that organizational activities are operated in a way that meets the laws and regulations impacting the system.     

    Integrating a GRC software solution in companies requires risk and controls assessment. The organization should have adequate controls in working condition and controls should be added if necessary. GRC tools used by companies bring the responsibility for evaluation and remediation of controls back to the process owners. These tools result in significant cost reduction. A GRC Technology solution can provide capabilities such as enterprise risk management framework, GRC scorecards and dashboards, risk assessment and calculation, risk prioritization using heat maps, remediation workflow, support for multiple compliance frameworks such as COSO and COBIT, ability to create a comprehensive risk-based controls framework, and flexible scheduling of testing of controls. However, achieving GRC in the interconnected digital age require digital technologies like big data, artificial intelligence (AI), machine learning, and blockchain which is a distributed ledger technology. These technologies can bring a measurable increase in the efficiency to risk management operations. As companies are also using GRC tools to collect, correlate, and report data, technologies like AI and machine learning can assist in the collection and the correlation of data while blockchain can help in storing, sharing, and reporting of the data to get a more comprehensive view of organization performance. 

    To help you make this choice, we present to you our latest edition featuring Top 25 GRC Technology Solutions Providers - 2018. These companies have been making great strides in tailoring enterprise-specific, cost-effective GRC solutions and assist businesses in devising suitable GRC strategies that align with the overall business objectives.

     

    • Top 10 GRC Technology Consulting/Service Companies - 2020
    • Top 10 GRC Technology Solution Companies - 2020
    • Top 25 GRC Technology Solution Companies- 2019
    • Top 25 Companies Providing Governance, Risk and Compliance (GRC) Technology  - 2017

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Top Governance, Risk, and Compliance(GRC) Tech Companies

eCustoms

eCustoms

eCustoms is a world-class company providing export, trade, and OFAC (Office of Foreign Asset Control) compliance solution. It provides scalable Global Trade Management and Governance Risk Compliance (GRC) solutions to companies and institutions. The client base includes everyone from startups to international players. The Visual Compliance Software Suite is designed to comply with many different regulatory regimes. Also, the software makes it much easier to carry out tasks such as export license management, restricted and denied party screening and evaluates the options, and provides focused software demonstrations.

www.ecustoms.com

EngiLifeSciences

EngiLifeSciences

EngiLifeSciences is a transformational consultancy company enables businesses to abide with the governance, risk management and compliance (GRC) framework. The company also paves a way for organizational excellence and the agility to adapt to the existing market conditions through innovative solutions. It provides consultation services to the medical device, pharmaceutical, and Biotechnology Industry. The Company’s consulting expertise incorporates software compliance, software technology, quality systems, and computer system validation and business performance characteristics as well. EngiLifeSciences adopts two models- MEV Grid which strategically analyzes architects and delivers efficiency and visibility throughout the clients’ organizations. Second is the 3P0 model that analyzes architects and implements organizational excellence by eliminating waste, and creating streamlined processes and modifying behavior.

www.engilifesciences.com

IRIS Intelligence

IRIS Intelligence

The UK-based IRIS Intelligence is a company that offers specialists risk and project management solutions to organizations of all shapes and sizes for many years. The IRIS software application is considered as one of the most effective and user-friendly management systems available which also follows and manages the governance, risk management and compliance (GRC). This is because the software is configurable to any organizational structure and industry requirements and can be implemented as a standalone system, a fully hosted cloud solution an end-to-end web-based application. The IRIS software combines unique features that can be matched to the customer environment, whether it’s a large organization or an SME.

irisintelligence.com

Nasdaq Bwise

Nasdaq Bwise

Nasdaq BWise provides GRC (Governance, Risk and Compliance) management solutions to tackle system, data and process vulnerabilities offering great enterprise grade. Nasdaq BWise Sox Compliance 2.0 gives acceleration to your compliance programme, establishes leadership and investor trust and reduces sox management costs for your company. The GRC solutions company is intellectual managed services, and solutions to create efficiencies, making objective assessments and supports the critical business process. Nasdaq BWise provides its clients specific requirements with the availability of BPS (Best Price Solution) and BBS (Building Block Solution). Nasdaq BWise helps the companies effectively from reporting cyber threats, regulatory compliance to audit, risk management programs and internal control.

www.bwise.com

Real Time Risk Solutions

Real Time Risk Solutions

Real Time Risk Solutions is one of the leading GRC Technology solutions companies. The company’s real Time Risk Solutions assures its clients of quality, safety, risk management, and compliance. Real Time Risk Solutions ensures the standardized inspections maximum efficient, safe behavior, document corrective actions, inspect equipment and trends analysis. It measures continuous improvement in drive profitability. Real Time Risk Solutions helps the companies to report the standardize incidents, accidents or near misses in the software. Also, it helps to track employee site orientations, modifies report fields from the command center and is the benchmark for continuous improvement in GRC technology.

realtimerisksolutions.com

Riskonnect

Riskonnect

Riskonnect is a GRC (Governance, Risk and Compliance) platform that provides integrated risk management solutions to business companies by tracking, connecting, analyzing and mitigating risks. Riskonnect gives integrated risk management solutions such as Sarbanes Oxley-SOX, Vendor Risk Management, Audit management, Health and Safety management, Business Continuity management, Risk Management Information Systems and so on. Riskonnect improves the business strategies for organizations from moving insights to action with real-time data visualization. Riskonnect is a global provider of integrated risk management solutions allowing the companies to monitor and observe risk holistically. Riskonnect gives timely insight with data, anticipates, assesses and minimizes all risks across the enterprise to all its clients.

riskonnect.com

RiskRecon

RiskRecon

RiskRecon is Governance, Risk and Compliance (GRC) solutions company that manages your third-party security risks. 98 percent of assessment data is to be estimated to be sourced by RiskRecon proprietary algorithms. RiskRecon gives complete IT profile and assets maps managed by companies and outsourced systems. It also has operational security performance trends, industry and peer performance benchmarking and security findings at host and IP-level. RiskRecon is based accurately on analyst-guided machine learning algorithms along with in-depth security assessment. It collaborates continuously with your vendor business on security performance. RiskRecon allocates risk resources to the most necessary high value and low performing vendors. RiskRecon gains real insight into any third-party security performance and IT landscapes.

www.riskrecon.com

Verge Health

Verge Health

Verge health is a platform with multiple applications for GRC (Governance, Risk, and Compliance) for healthcare. The company aligns the safety of patients and employees, compliance and practitioner management to reach high-reliability goals. Verge health connects risk, quality, and safety through GRC for healthcare purposes. It is a systematic process used to evaluate enterprise risks in real-time through integrated technology aligning lots of methods and people effectively. Verge health is a strategic advisory service’s that combines with investigative workflow and process optimization to ensure ongoing collaboration of health and technology eliminating risks and improving patient outcomes. Verge health manages areas such as event management, proactive quality improvement, patient relations, liability claims and workers compensation with GRC tools for healthcare.

www.vergehealth.com

Verterim

Verterim

Verterim, the GRC solutions company focuses on four essential goals such as; Innovative GRC integrations, Hosting and Managed services for RSA Archer, GRC professional services and also as a Value-added GRC reseller. GRC tools provided by Verterim are Customer Assurance Program, Vendor Rating and Risk, Vertrims Collaborations with Security ratings, V-optics and Questionnaire++. Vertrim transforms the businesses with the GRC system and understanding the options of benefits, opportunities, and improvisation in securing the data of a system. With GRC tools and Services Vertrim becomes an integral part of the businesses of its clients.

verterim.com

Adlumin

Adlumin

Adlumin, the Arlington, Virginia- based company provides GRC solutions that also enable businesses to mitigate cybersecurity risks. It uses the data available on the users’ network, analyzes it and turns it into response actions to protect enterprises from any adversaries; they respond in real-time. Also, Adlumin offers real-time visibility into every identity within the enterprise and all across large networks with the help of machine learning and industry expertise; the brand goes beyond detection and is capable of confirming anomalies or malicious behavior thereby stopping identity-based attacks. Also, Adlumin reduces HIPAA compliance costs and enhances the privileged account access management strategy.

Allgress

Allgress

Allgress is a global company in automated next-gen integrated IT arena and is governance, risk management and compliance (GRC) solutions for organizations and their business partners to meet business-related risk objectives. Allgress solutions help organizations to automate processes for assessment, reporting, and monitoring of corporate risks with reduced complexity and business costs. Unlike similar solutions, Allgress allows its customers to derive quicker-time-to-value without an army of consultants. Allgress provides operational efficiency, and its solutions enable its users to assess once, manage and report on many industry and government regulations. Allgress deploys faster as compared to others in the market and provides rapid ROI.

BARR Advisory

BARR Advisory

BARR Advisory is a US-based risk consulting and compliance company that offers business performance and assurance services for a secure corporate environment and is also a governance, risk management and compliance (GRC) provider. The company assists innovative technology, and cloud service providers simplify the path to security and compliance. BARR Advisory aims to go beyond the compliance checklist and assess all aspects of an organization’s unique environment, identifying the risk factors, areas of improvement and simplifying the processes and controls required to turn compliance into a strategic asset. Moreover, BARR Advisory is a partner with an exclusive group of service providers- Reciprocity, Inc. This enables the clients’ access to ZenGRC, cloud-based GRC software that goes beyond spreadsheets and executes programs more maturely.

ComplianceMate

ComplianceMate

ComplianceMate, the GRC solutions company gives the users the total control over food safety and compliance through a combination of wireless temperature sensors, mobile technologies, and tools built specifically for the modern kitchen. With real-time access to temperature data, one can quickly identify operational deficiencies and prevent food safety mishaps. ComplianceMate allows enterprises to go for evidence-based decision-making concerning kitchen processes and staff training. Also, ComplianceMate is a fully customizable organization which helps in meeting a brand’s unique compliance challenges following the rules associated with the governance and risk compliance (GRC).

Debt Compliance Services

Debt Compliance Services

Founded in 2009, Debt Compliance Services (DCS) is a SaaS GRC solutions company providing automated debt compliance management for corporate including effective governance, risk management compliance (GRC) strategy.DCS is a product of a joint venture of Corporate Finance Solutions and Greenwich Treasury Advisors. DCS can integrate the compliance of multiple agreements and also provides unique global web questionnaire system that enables the key business stakeholders to understand an organization’s obligations better and efficiently manage the substantial information flow generated by the complex businesses. DCS practically helps enterprises to save time and effort as now they do not require the worn loan documents to review all of the various covenants and limitations before making critical strategic business decisions.

Direct Line to Compliance

Direct Line to Compliance

Direct Line To Compliance, Inc. (DL2C), a Texas-based consulting and software company serves the regulatory compliance sector including the effective governance, risk management compliance (GRC) strategy. DL2C delivers world-class IT audit services that provide an array of consulting experience which adds value to clients by mapping operations to standards and automating the measurements of compliance. The company helps in assessing the risk factors, document what an enterprise do and how do they do it, implement and conduct test controls to ensure one does what they claim; DL2C captures real-time and predictive compliance values through language analytics. Their regulatory software products, ColorCodeIT, and ChameleonDocs prepare and keep clients audit ready.

doxy.me

doxy.me

The New York-based telemedicine solutions company, doxy.me is an online platform that connects the doctors with the patients outside of the clinical setting. It is a governance, risk management and compliance (GRC) provider and offers simple, free and secure telemedicine solutions for patients to reduce healthcare costs. Moreover, doxy.me has incorporated standard clinical workflows such as patient check-in and waiting rooms thereby providing patients to experience a familiar and natural visit. Secure data transmission and patient privacy are among the brand’s top priority. The use of security and encryption protocols makes doxy.me compliant with HIPAA and HITECH requirements. Telemedicine is here to complement and not replace the traditional care delivery and doxy.me by following this approach is improving the healthcare experience.

Energy Worldnet

Energy Worldnet

ENERGY WORLDNET (EWN), headquartered in Texas, the GRC solutions company provides outstanding training to operators and contractors in the oil, gas and energy industries since 1994. With an emphasis on governance, risk management and compliance (GRC), record management, operational safety training solutions, EWN’s Operator Qualification Compliance System offers the most user-friendly and personalized LCMS (learning content management system) available. Approximately, 1400 local distribution companies, gas pipeline operators, liquid pipeline operators, and contractors use EWN for their operator qualification compliance. EWN supports training and compliance requirements for over 1,000 clients throughout North America and has also encouraged new regulatory compliance initiatives in Mexico and South America.

Force 5

Force 5

Force 5, the GRC solutions company, caters to the needs of every client and situations as a fresh and unique opportunity. The US-based enterprise delivers solutions that are built from the ground up with governance, risk management and compliance; it focuses on solving customers’ business problems with the proven technology solutions. Force 5 assists in developing applications that are designed to automate and streamline compliance and security needs. Their main products include- Gatekeeper, Compliance Management Network and CARE that were built to fulfill the requirements of organizations that need security and compliance solutions. Force 5 is always in search of new talent, and hence the opportunities they offer are- Mobile app developer, product support technician, customer success representative, an assistant product manager.

ITSourceTEK

ITSourceTEK

ITSourceTEK, the GRC solutions company, provides strategic business and technology-based cybersecurity solutions that can leverage enterprise investments and also improve efficiency and productivity to meet stringent compliance standards and also abides with the governance, risk management and compliance (GRC). ITSourceTEK aims at technologies that solve critical needs and provides quick ROI. The company has seasoned executives that are engaged with every client, which makes them perfect in a client-centric approach. ITSourceTEK also provides monetary assistance to the various foundations, and hospitals; as the company grows they are looking forward to more charitable donations.

MainNerve

MainNerve

MainNerve services provides complete GRC (Governance, Risk, and Compliance) technological solutions. The company helps businesses in eliminating all the challenges above and problems effectively and efficiently. MainNerve provides its customers a penetrating expertise testing with various methodologies such as IoT, AWS, Web Application, Mobile Application, NIST Best Practices SCADA/ICS, Internal/External Network and other cloud-based platforms. MainNerve is best ranked to assist and meet their compliance requirements in risk management and cybersecurity industry. MainNerve has the most extensive experience in helping its clients from the payment card industry to healthcare, defense contracting, critical infrastructure, and law enforcement.

Reciprocity

Reciprocity

Reciprocity, the GRC (Governance, Risk and Compliance) technology solutions company, provides cutting-edge enterprise-grade solutions. Walmart, CA Technologies, GitHub, Alaska, Airbnb, and GENESYS are few companies using the GRC technology provides by Reciprocity. The framework registry of Reciprocity works on GRC solutions such as COBIT, ISO, HIPAA, HITRUST, NIST, PCI SOC, GDPR, COSO and FedRAMP helping large companies earn big profits. Reciprocity has made Risk Management and Compliance simple by powering and accelerating up the Time to Value with ZenRC. ZenRC is a flexible, easy to use system tool in the market today with simple deployment, centralized dashboard, and unified control management.

Sienna Group

Sienna Group

Sienna Group is a GRC (Governance, Risk, and Compliance) specialization company in providing data-centric security solutions for financing, government, healthcare, retail and technological sectors. Roles and functions of Sienna Group are such as project management, information security, CAP development, and remediation activities, operational and compliance reporting and policy, and procedure management. Sienna Group is complying as a contractor with CUI information which can either be created by contractors or is to disseminate. Sienna Group is a customized approach based on the experience of various industries establishing operational and executive dashboards. One of the essential benefits of the CUI program by Sienna Group is the adherence to DFARs through NIST SP 800-171 Compliance. Few key cybersecurity solutions provided by Sienna Group are as follows: Systems and Network Security, Asset Inventory and Device Management, Business continuity and disaster recovery planning and resources, Customer Data Privacy, Vendor and Third-Party Service Provider Management and Risk Assessment.

STS Software

STS Software

Offers blockchain-enabled attention economy solutions, allowing direct and platform agnostic monetization of original content posted anywhere on the net

SyncStream Solutions

SyncStream Solutions

SynchStream Solutions simplifies staying up-to-date with current GRC (Governance, Risk and Compliance) regulations and offers a compliant platform for business or white label products with ACA and EEOC requirements. SyncSTreamm Solutions is the leader in providing the defined, applied, interpreted and sold in the post-healthcare reform world. EEO-1 Comply is SyncSytream Solutions give one of the compliance tool solutions to its clients. EEO-1 Comply captures the information from employee data and reporting it to the EEOC which is secure and compliant. EEO-1 identifies the necessary missing data elements for compliance. SyncStream Solutions stay in compliance with ever-changing EEOC and IRS regulations. Core values of this company are professionalism, service, knowledge, and integrity.

Tango Health

Tango Health

Tango health, the GRC tech solutions company, caters end-to-end ACA reporting and full-service compliance. Its goals are higher standard accuracy, comprehensive reporting, ACA printing, filing and notices, and designated client manager. Tango health uses ACA data tracking for multi-level statistical analysis for employees works hours providing a warning to take actions on limiting risks for ACA penalties. Tango health provides fully-outsourced, standalone tool, complex data aggregation and clean up, comprehensive monthly reporting, year-round guidance, penalties, audit and subsidy notice assistance, expert ACA call center and data security GRC tools. Tango health helps to solve some challenges through ACA compliance solutions. Few resources of ACA compliance solutions are as such Whit papers, webinars, case studies, and product information.

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