Following its success last year, world-class governance, risk and compliance (GRC) software provider, Decision Focus has once again won ‘Operational Risk Solution of the Year’ in the InsuranceERM Awards – Americas. This award category recognises the software innovation that best helps re/insurers with operational risk management, including third-party risks and operational resilience.
Decision Focus’ flexible, no code platform ranked top for its ability to address insurers’ operational risk management (ORM) challenges and support risk-based decision making, whilst enabling user organisations to meet rigorous regulatory requirements. Integrating seamlessly across all areas of ORM, the platform enhances preparedness for the identification, assessment and timely response to known and emerging risks throughout the supply chain.
Widely acknowledged for its integrated assurance approach, Decision Focus provides a ‘single source of GRC truth’ bringing together risk, compliance and audit frameworks and providing 360° visibility across the extended enterprise. The solution drives confidence, amongst customer organisations, stakeholders and regulators.
Commenting on the award win, Jeff Robinson, Decision Focus Partner said: ‘The InsuranceERM awards are highly regarded within the industry and provide a reliable ‘barometer’ for organisations seeking innovative, best-in-class GRC technology.
“We are delighted to help our US customers attain a robust operational risk management posture and maintain their resilience with a flexible and scalable solution that can grow and flex in line with their changing needs. Modules cover all aspects of assurance, providing functionality for Sarbanes Oxley, Risk & Control Self-Assessment, Policy Management, Third Party Risk, Quality Assurance for Claims, Underwriting Audits, Information Security and more.
“Having already secured two InsuranceERM awards this year in the UK and Europe geographies, winning ‘Operational Risk Solution of the Year’ in the Americas for the second year in a row is further evidence of the calibre, innovation, shared vision and passion amassed within the brilliant Decision Focus team. Well done all!”