Risk management

Global Supply Chains Undergoing Massive Digital Transformation

Wednesday, September 22, 2021 - 3:15pm

CLARK, N.J., Sept. 22, 2021 /PRNewswire/ -- GEP, a leading provider of procurement and supply chain strategy, software, and managed services to Fortune 500 and Global 2000 enterprises worldwide, today unveiled its "State of Global Supply Chain" commissioned survey of global business leaders conducted by Harvard Business Review Analytic Services, which found the importance of supply chains and the particularly urgent need to transform them has dramatically escalated.

Key Points: 
  • CLARK, N.J., Sept. 22, 2021 /PRNewswire/ -- GEP, a leading provider of procurement and supply chain strategy, software, and managed services to Fortune 500 and Global 2000 enterprises worldwide, today unveiled its "State of Global Supply Chain" commissioned survey of global business leaders conducted by Harvard Business Review Analytic Services, which found the importance of supply chains and the particularly urgent need to transform them has dramatically escalated.
  • While 90% of executives say supply chains are a strategic resource that helps ensure their company's profitability and survival, just 8% have achieved digital maturity across six key components of supply chain operations: warehousing and logistics, procurement, inventory management, supply planning, demand planning and management, and supplier risk management.
  • Just 28% rate themselves as "leaders" and as having achieved a high level of digital maturity across key supply chain operational areas.
  • The "lack of real-time data about end-to-end performance of the supply chain" is the biggest barrier to most companies.

Global Supply Chains Undergoing Massive Digital Transformation

Wednesday, September 22, 2021 - 3:15pm

CLARK, N.J., Sept. 22, 2021  /PRNewswire/ -- GEP, a leading provider of procurement and supply chain strategy, software, and managed services to Fortune 500 and Global 2000 enterprises worldwide, today unveiled its "State of Global Supply Chain" commissioned survey of global business leaders conducted by Harvard Business Review Analytic Services, which found the importance of supply chains — and the particularly urgent need to transform them — has dramatically escalated.

Key Points: 
  • CLARK, N.J., Sept. 22, 2021 /PRNewswire/ -- GEP, a leading provider of procurement and supply chain strategy, software, and managed services to Fortune 500 and Global 2000 enterprises worldwide, today unveiled its "State of Global Supply Chain" commissioned survey of global business leaders conducted by Harvard Business Review Analytic Services, which found the importance of supply chains and the particularly urgent need to transform them has dramatically escalated.
  • While 90% of executives say supply chains are a strategic resource that helps ensure their company's profitability and survival, just 8% have achieved digital maturity across six key components of supply chain operations: warehousing and logistics, procurement, inventory management, supply planning, demand planning and management, and supplier risk management.
  • Just 28% rate themselves as "leaders" and as having achieved a high level of digital maturity across key supply chain operational areas.
  • The "lack of real-time data about end-to-end performance of the supply chain" is the biggest barrier to most companies.

Vesttoo Appoints Reinsurance Executive to Lead Innovative Approach to Insurance Structures in the Catastrophe Insurance Market

Wednesday, September 22, 2021 - 3:00pm

He joins Vesttoo from Stonybrook Capital where he was Vice President and Head of the Industry Loss Warranty (ILW) Desk.

Key Points: 
  • He joins Vesttoo from Stonybrook Capital where he was Vice President and Head of the Industry Loss Warranty (ILW) Desk.
  • Dan is yet another market veteran to join Vesttoo and brings strong experience in theinsurance-linked securities (ILS) and reinsurancesectors.
  • Daniel Butzbaugh, Vice President, CAT Markets, Vesttoo, said: "I am excited to join Vesttoo to help strengthen its growing reputation for excellence and innovation in alternative reinsurance.
  • I look forward to helping Vesttoo develop innovative approaches to insurance investments to help bridge the immense funding gap in the market."

Nozomi Networks and Cervello Announce Partnership to Deliver Advanced Cybersecurity Solutions to Railway's OT, IT & IoT Environments

Wednesday, September 22, 2021 - 3:00pm

Together, Nozomi Networks and Cervello deliver superior visualization of the entire OT, IoT, and IT railway networks, early cyber threat detection, management of cybersecurity compliance, and efficient remediation to ensure operational continuity.

Key Points: 
  • Together, Nozomi Networks and Cervello deliver superior visualization of the entire OT, IoT, and IT railway networks, early cyber threat detection, management of cybersecurity compliance, and efficient remediation to ensure operational continuity.
  • "Digital transformation of the world's rail systems increasingly require IoT and cloud-based solutions to improve railway safety, operational efficiency, and reliability.
  • "That's why Nozomi Networks has partnered with Cervello to help railway operators ensure safe and reliable transportation, while avoiding operational disruptions.
  • "Our partnership with Nozomi Networks will enable us to provide customers with a one-stop shop for best-in-class railway cybersecurity," said Roie Onn, CEO and Co-Founder, Cervello.

Mitratech Acquires Leading GRC Technology Company Alyne

Wednesday, September 22, 2021 - 3:00pm

AUSTIN, Texas, Sept. 22, 2021 /PRNewswire/ -- Mitratech , the leading provider of legal and compliance software, today announced the acquisition of leading-edge digital governance, risk management and compliance platform provider Alyne.

Key Points: 
  • AUSTIN, Texas, Sept. 22, 2021 /PRNewswire/ -- Mitratech , the leading provider of legal and compliance software, today announced the acquisition of leading-edge digital governance, risk management and compliance platform provider Alyne.
  • "The combination of Alyne and Mitratech brings a game-changing solution to the legal, risk and compliance industry."
  • "The combination of Alyne and Mitratech brings a game-changing solution to the legal, risk and compliance industry.
  • Michael Rasmussen, Founder, GRC2020 said "Icontinue to love the Alyne interface and their engagement on GRC related capabilities that supports front-office business functions as well as traditional back-office GRC roles.

Mitratech Acquires Leading GRC Technology Company Alyne

Wednesday, September 22, 2021 - 3:00pm

AUSTIN, Texas, Sept. 22, 2021 /PRNewswire/ -- Mitratech, the leading provider of legal and compliance software, today announced the acquisition of leading-edge digital governance, risk management and compliance platform provider Alyne.

Key Points: 
  • AUSTIN, Texas, Sept. 22, 2021 /PRNewswire/ -- Mitratech , the leading provider of legal and compliance software, today announced the acquisition of leading-edge digital governance, risk management and compliance platform provider Alyne.
  • "The combination of Alyne and Mitratech brings a game-changing solution to the legal, risk and compliance industry.
  • "We are thrilled to be joining the Mitratech suite of products," said Karl Viertel, CEO at Alyne.
  • Michael Rasmussen, Founder, GRC2020 said, "Icontinue to love the Alyne interface and their engagement on GRC related capabilities that supports front-office business functions as well as traditional back-office GRC roles.

Most Americans Ill-Prepared for Natural Disasters, Wells Fargo Survey Finds

Wednesday, September 22, 2021 - 2:05pm

Nevertheless, most Americans (71%) admit they dont have a detailed emergency plan in the event of a natural disaster.

Key Points: 
  • Nevertheless, most Americans (71%) admit they dont have a detailed emergency plan in the event of a natural disaster.
  • When asked about planning style:
    The national online survey of 2,226 adults was conducted by Ipsos on behalf of Wells Fargo Aug. 31-Sept. 3, 2021.
  • Ipsos conducted a national online survey of 2,226 adults age 18+ on behalf of Wells Fargo.
  • News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories .

Corporate Vision Names Wolters Kluwer’s Ann Roberson Technology Operations Executive Leader of the Year

Wednesday, September 22, 2021 - 3:00pm

Corporate Vision magazine has named Wolters Kluwers Ann Roberson its inaugural Technology Operations Executive Leader of the Year in its widely followed Technology Innovator Awards, 2021.

Key Points: 
  • Corporate Vision magazine has named Wolters Kluwers Ann Roberson its inaugural Technology Operations Executive Leader of the Year in its widely followed Technology Innovator Awards, 2021.
  • Roberson is Vice President of Operations for Wolters Kluwers Governance, Risk & Compliance (GRC) division.
  • The award recognizes excellence and innovation in the field of technology operations and was judged by the expert editorial panel at Corporate Vision.
  • Roberson joined Wolters Kluwer GRC in 1995 and has held a number of senior positions with the company.

Arthur--rapidly growing amidst surging interest in model monitoring--identified as a Sample Vendor in 2021 Gartner ® Hype Cycle ™ for AI report

Wednesday, September 22, 2021 - 2:54pm

Gartner released its annual "Hype Cycle for Artificial Intelligence 2021" report, highlighting the growing importance of AI governance practices in AI-enabled companies.

Key Points: 
  • Gartner released its annual "Hype Cycle for Artificial Intelligence 2021" report, highlighting the growing importance of AI governance practices in AI-enabled companies.
  • The report states, "With AI now delivering value in practical enterprise application, data and analytics leaders see that scaling AI without governance is dangerous.
  • In June, it was named a Gartner 'Cool Vendor' in AI Governance and Responsible AI [2].
  • If you're a Gartner client, you can access the full report here: Hype Cycle for Artificial Intelligence 2021
    Learn more about Arthur at arthur.ai/product .

LogicGate Recognized as a Strong Performer in Governance, Risk and Compliance Platforms Report

Wednesday, September 22, 2021 - 2:47pm

CHICAGO, Sept. 22, 2021 /PRNewswire/ -- LogicGateⓇ, a leading provider of transformative risk and compliance solutions through its Risk Cloud™ platform, has been recognized as a strong performer in The Forrester Wave™: Governance, Risk and Compliance Platforms, Q3 2021 report by leading global research and advisory firm Forrester Research, Inc. Evaluated according to 25 criteria, LogicGate earned the highest possible score in the Planned Enhancements, Partner Ecosystem and Customer Engagement and Community criteria.

Key Points: 
  • "LogicGate is a good fit for lean teams with few FTEs but that don't want to sacrifice platform configurability and control," stated the report.
  • "We are thrilled that LogicGate has been recognized as a strong performer in Forrester's GRC Wave," said LogicGate's chief product officer, Jon Siegler.
  • To download a copy of the Forrester Wave: Governance, Risk and Compliance Platforms Q3 2021 report, please visit LogicGate's website .
  • LogicGate empowers customers to transform disorganized risk and compliance operations into agile enterprise risk management programs, tailored to their business needs.