Strategic Thought Group, creator of risk management software Active Risk Manager announced today the formalization of its partnership with Logica Management Consulting in France, a leading provider of IT and business services.
The partnership has already helped joint customers improve their processes and business performance through the implementation of rigorous and robust risk management. This collaboration is built on Logica’s expertise in risk and business processes, implementing and configuring Active Risk Manager to enable excellence in risk management. To date the alliance has delivered significant value to major European aerospace and defense companies with complex, comprehensive and challenging projects. Further combined activity is being undertaken across a number of other industry sectors to create, improve and refine enterprise risk management value across programs, portfolios and the enterprise to improve business performance.
Strategic Thought launched Active Risk Manager (ARM) in 2001 as the first web-based enterprise risk management system to support multi-departmental processes from different areas such as corporate, audit, management and projects by consolidating data to record, manage and mitigate risk. The product is used by many of the world’s leading organizations including Lockheed Martin, NASA, EADS, and Rio Tinto.
Logica has experience of Active Risk Manager as a result of its involvement with Eurocopter, the manufacturer of helicopters for the civil and military market. Bruno Trebucq, Senior Manager, Logica France said, “We choose to partner with Strategic Thought as Active Risk Manager is the proven management solution in the aerospace and defense sector both in Europe and the USA. We aim to deliver best practices across all of our clients and projects. We see ARM playing an important role in the effective deployment of standardization of risk processes to ensure that the right information gets to the right people at the right time, to allow for risk adjusted decision making at the highest level.”
Karl Pringle, Global Alliances Director at Strategic Thought commented, “There is a need for more formalized and mature risk management processes which are enabled and supported by sophisticated technical solutions. The collaboration with Logica gives Strategic Thought the opportunity to work closely with a leading provider of IT systems integration and business services to deliver value through robust risk management. Logica France has an excellent reputation and track record and this partnership reinforces the feasibility of ARM to manage project, program and portfolio risk on the journey to complete enterprise risk management (ERM) and improved decision making.”
While the partnership started in the aerospace and defense sector, going forward it will encompass joint target vertical markets such as energy and utilities, engineering and transportation.
“Logica partners with leading market players at a global, national and local level. Alliances lie at the heart of our strategy, our approach to customer service and value creation,” concluded Sebastien Brasséur, Partner, Logica Management Consulting, France.
Logica is a leading IT and business services company, employing 40,000 people. It provides business consulting, systems integration, and IT and business process outsourcing services. Logica works closely with its customers to release their potential – enabling change that increases their efficiency, accelerates growth and manages risk. It applies its deep industry knowledge, technical excellence and global delivery expertise to help its customers build leadership positions in their markets. Logica is listed on both the London Stock Exchange and Euronext (Amsterdam) (LSE: LOG, Euronext: LOG). More information is available at www.logica.com.
About Active Risk Manager from Strategic Thought Group plc
Strategic Thought Group (STG) provides risk/reward-focused software and services to enable true enterprise-wide risk management. Active Risk Manager™ (ARM) from STG is the world’s leading web-based Enterprise Risk Management system. ARM enables the identification, registration, communication, analysis and management of risks and opportunities.
ARM aids compliance with project, operational and enterprise-wide guidelines. The effective management of risks and opportunities allows companies to act within corporate governance requirements and industry standards while balancing the risk/reward mix to maximize the return on opportunities.
STG was founded in the UK in 1987 and opened offices in the US in 2004.
Active Risk Manager is used by major organizations around the globe including BAE Systems, Rio Tinto, Lockheed Martin, Nestle, NASA, London Underground, Raytheon and SABIC.
For further information and a detailed view of Strategic Thought’s products and services visit www.strategicthought.com or call +44 (0)1628 582500 (EMEA) or +1 703 673 9580 (Americas).