C2C SmartCompliance, a Virginia-based company that has pioneered innovative software in the Governance, Risk and Compliance space, has been selected by CIO Review Magazine as one of the 20 most promising enterprise risk management solution providers.
Alexandria, VA, August 07, 2015 –(PR.com)– C2C SmartCompliance, a Virginia-based company that has pioneered innovative software in the Governance, Risk and Compliance space, has been selected by CIO Review Magazine as one of the 20 most promising enterprise risk management solution providers.
The Alexandria firm was lauded for its trio of easy-to-use Web and enterprise-based risk management and compliance solutions that can be tailored for organizations of all sizes across a wide spectrum of industries, but particularly in heavily regulated sectors like finance and healthcare.
“This honor provides independent validation that C2C not only delivers exceptional products but provides excellent value to its customers,” explained Steve Crutchley, founder and CEO of C2C SmartCompliance, which brings more than 25 years of GRC consulting and auditing experience to its growing client portfolio.
In announcing its annual top 20 selections in a June 29 special edition, the magazine noted that “successful ERM strategy depends on systematic multi-way communication framework and studying the macro impact of every issue, which is opposite to the yester years’ approach of eliminating risks at a department level.” The publication is broadly distributed to a national and international audience of Chief Information Officers (CIOs), IT leaders and related industry professionals.
C2C SmartCompliance and the other recipients of this year’s honor were selected by a distinguished panel of CEOs, CIOs, analysts and the CIO Review editorial board, according to the magazine. Noting that enterprise risk management deals with identification, assessment, prioritization and ownership of risks, the publication said that the honorees offer technologies and services that aid in enterprise risk management having exhibited vast knowledge and in-depth expertise in delivering ERM solutions.
“Today’s ERM solutions are designed to offer more visibility and ease of reporting on actionable information compared to what was provided on legacy platforms based on GRC model,” according to the magazine. “Risk managers can access these reports from a centralized location and make informed decisions, by linking those risks to strategic goals of the company. This increased transparency is helping eliminate costs of redundancy and achieve maximum performance for an enterprise. Choosing the right ERM solution amidst a host of similar solutions in the market is an essential step in order to counter the risks an organization is susceptible to — be it natural disaster, a new regulatory compliance or an emerging trend that the competitors are cashing on to.”
C2C’s My Risk Assessor™ product was designed specifically for conducting risk assessments and business Impact Assessments (BIA). This includes everything from the risks associated with products and services to personnel, hardware, software, and infrastructure — essentially any type of risk outside the traditional realm of finance. The product also gives CIOs the capability to map a business impact analysis to a specific asset, owner, requirement or regulation and includes an automated statement of applicability (SoA), automated risk treatment plans, gap analyses reports as well as numerous other features.
“We’re having a lot of success with this product because of its affordable entry price and high return on investment,” said Crutchley, adding that the fully-functional hosted service is priced at $3,500 for up to two users. “That’s tremendous value for money.”