ARM from Sword Active Risk becomes risk management solution of choice as organizations seek to manage enterprise and project risk
Sword Active Risk, a supplier of specialist risk management software and services, has announced a record period for new clients selecting its Active Risk Manager (ARM) solution. In the last 12 months the company has seen many high profile international companies in the energy, utilities, transport and finance sectors choosing ARM to manage risk across their business operations.
New customers include leading utilities and energy companies in North America and Canada, such as Ameren and Bruce Power as well as Vector (New Zealand) and Petronas (Malaysia). Furthermore, Orora, an international packaging company, and transport company Metrolinx (Canada) have selected Sword Active Risk’s solution. In the Middle East, Active Risk welcomes new high profile customers in real estate and transportation, adding to the growing list of clients in the region. In addition, several financial services organizations from around the world, including TSB in the UK, have also signed up.
ARM helps companies to manage the many aspects of risk – from legal liabilities, threats from project failures (at any phase in the project lifecycle), credit risk, accidents, changes in financial markets, as well as deliberate attack. The Active Risk Manager approach to Enterprise Risk Management includes four key areas, operational risk management, project risk management, governance & compliance and opportunity management to show the real impact of risk, enabling better-informed decisions.
Nick Scully, COO of Sword Active Risk commented; "We have seen significant growth this year and have many new customers choosing ARM for risk management in major projects, security, engineering, industrial processes and business operations across key industries. The fact that many leading international organizations in these highly regulated sectors have chosen ARM underlines that they have confidence in our current product and development strategy, and view us as a business partner for the long term."