Top 10 Enterprise Risk Management Consulting/ Services Companies - 2020

Although technologies are advancing at high speed, modern-day enterprises are prone to diverse obstacles and potential dangers. They face immense risks in managing reputation, day-to-day operational procedures, legal and human resources management, finance, and more. Cybercrime continues to be one of the biggest threats to any organization. Cybersecurity, as a business requirement, has reigned supreme every year, and it is no different in 2020. A cyberattack not only can damage a company’s reputation but also can lead to legal issues and ruin its financial stability. It, therefore, is imperative for risk managers and IT teams to have stringent contingency plans and prevention strategies. Additionally, there are also compliance risks that companies have to deal with. Abiding and complying with all the necessary laws and regulations is mandatory for all businesses today, failing on which may adversely affect a company’s future.

Another potential area of enterprise-related risk is the absence of artificial intelligence (AI) and robotic process assessment (RPA), the two powerful tools that play a significant role in improving and streamlining processes, enabling firms to meet their targets and stay ahead of their competitors. Statistics show that most enterprises are still utilizing traditional tools that fail to keep up with new-age risk management techniques. The role of advanced analytics becomes crucial, which makes it easier to get more precise insights in less time, using intelligent data techniques.

The good news is companies from different industries such as finance, pharmaceuticals, infrastructure, and logistics, among others, are gradually beginning to improve their enterprise risk management (ERM) that have been mainly influenced by the pressures. These may relate to unfortunate events in one’s own company, prompting an internal soul searching regarding whether existing risk-management approaches are adequate or external factors, such as compliance or regulatory changes.

Understanding the fact that risk management has a significant impact in responding to some of the critical challenges faced by enterprises, CIOReview has compiled a list of top enterprise risk management solution providers and consulting/service companies. These firms have been consistent in proving their mettle in the field of enterprise risk management with cutting-edge capabilities. We hope this issue of the CIOReview helps you build the partnership you and your firm need to foster technologically-driven enterprise risk management experiences.

We present to you CIOReview’s “10 Most Promising Enterprise Risk Management Consulting/Service Companies 2020.”

Top Enterprise Risk Management Consulting/ Services Companies

Abacode’s team of cybersecurity, compliance implementation and management experts prepare businesses for audits, certifications, and assessments to meet regulatory needs. Abacode is fundamentally different from most cybersecurity providers. The company addresses risks from a business strategy viewpoint first and cyber-technologies second. This methodology ensures that the technical and non-technical leadership are able to make unbiased strategic decisions that positively impact the entire organization. As one of the few solely dedicated full-service Cybersecurity and Governance, Risk & Compliance (GRC) firms, Abacode provides companies with a single trusted source for all cybersecurity and compliance products, solutions, and managed services.

Calypso Technology

Calypso Technology

Calypso Technology, Inc. is a cloud-enabled provider of cross-asset front-to-back solutions for financial markets with over 35,000 users in 60+ countries. Its award-winning software improves reliability, adaptability, and scalability across several verticals, including capital markets, investment management, central banking, clearing, treasury, liquidity, and collateral. Calypso is leveraging innovative cloud microservices and blockchain distributed ledger technology (DLT) based solutions to reduce trading costs and improve time to value.With 20 years of experience delivering cross-asset solutions for trading, processing, risk management and accounting, we are able to focus our significant resources on customer problems, bringing simplicity to the most complex business and technology issues.

Capco

Capco

Capco is a global management consultancy with a focus in financial services including banking and payments, capital markets, wealth and asset management, and insurance, plus a dedicated energy division. We combine innovative thinking with unrivalled industry knowledge to deliver business consulting, digital, technology and transformational services. Our collaborative and efficient approach helps clients reduce costs, manage risk and regulatory change while increasing revenues

Embroker

Embroker

The company Covers defense costs and damages (awards and settlements) from wrongful acts, allegations, and lawsuits brought against your company’s board of directors and/or officers. It’s a type of insurance that was designed for the purpose of protecting your company directors (both current and past) from lawsuits and litigation.In tech companies, the personal assets of the directors and officers are often at risk, which is why most tech companies and startups start their insurance programs with this type of insurance, as it is absolutely mandatory to have so that these assets are properly protected

Kentara Analytics

Kentara Analytics

Kentara provides risk-based pricing and risk capital consulting services globally to banks and credit unions. We mobilize the right people, skills, business analytics, and technology design to help lenders properly balance risk and reward, measure and improve their performance, and gain insight into regulatory expectations and best practices.What’s in a Name? “Kentara” is a distillation of the names of our owners, but the name is also the Indonesian word for “obvious; clear; right before your eyes.” That’s why you see the word “obviously” incorporated within our logo.

Sargon Solutions

Sargon Solutions

Sargon Solutions provides consulting and implementation services for Risk Technology. We focus on GRC, SecOps, VRM, and Audit Management. We are specialists and have extensive experience on the ServiceNow platform, as well as tools like RSA Archer, MetricStream, OpenPages, and many more. Our team has completed hundreds of projects at some of the largest companies in the world across the financial, manufacturing, technology, healthcare, retail, insurance, and telecommunications industries. We partner with our clients from start to finish, focusing on their needs while producing new ideas, developing effective strategies, and designing high quality and scalable solutions.

ServiceNow

ServiceNow

Uses its Now Platform® to create digital workflows that deliver great experiences and unlock our productivity.ServiceNow is committed to creating great experiences for our customers and employees. It’s why digitalization is so important for us. In every area of our company, we’re using digital technology to transform the way we work, how we interact with our customers, and how we run our business. Successful digitalization depends on a close partnership between IT and the business.

Sila

Sila

Sila is a technology and management consulting firm that delivers lasting and substantial business solutions to the world’s leading corporations and Federal government agencies. Our solutions expertise lies in the areas of strategy and transformation, data analytics, software engineering and integration, & digital and creative services. We specialize in multifaceted engagements that are accomplished through active collaboration and strategic alignment with our clients. Deep technical acumen coupled with our proven leadership capabilities enables us to develop solutions that result in long-term value, competitive advantages, and a positive impact to business and mission outcomes.

TigerSwan

TigerSwan

TigerSwan provides full-spectrum, asymmetric solutions which allow YOU to operate safely in today’s global operating environments and provide YOU with a Global Presence. TigerSwan is available Around the Clock - Around the Globe to provide YOU a Global Enabler.Established in 2007 by former members of the Elite “DELTA FORCE,"​ we bring dynamic leadership and creative problem solving in cross functional and multi-cultural environments to our clients with their most challenging issues.

Wolters Kluwer

Wolters Kluwer

Wolters Kluwer (www.wolterskluwer.com) is a global leader in information services and solutions for professionals in the health, tax and accounting, risk and compliance, finance and legal sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with specialized technology and services. Founded in 1836 and headquartered in Alphen aan den Rijn, the Netherlands, the company serves customers in over 180 countries, maintains operations in over 40 countries and employs 18,600 people worldwide