Posted February 5, 2020
Toronto, ON, — Today, Resolver Inc., the leader in integrated risk and security management, announced the release of Resolver 3.0 platform and applications for Enterprise Risk Management, Operational Risk Management, IT Risk and Compliance Management, Vendor Risk Management, Compliance, Incident Management, Security Risk Management and Internal Audit.
Recognized on Gartner’s Magic Quadrants for Integrated Risk Management and IT Risk Management for its ease of use, configurability and integration, the release of Resolver 3.0 extends Resolver’s leadership by bringing continuous risk assessments to the market with its innovative Active Data Warehousing and analysis capabilities.
Resolver 3.0 introduces an Active Data Warehouse that provides real-time and historical access to data in the system. Every change made to any risk or environment variable is automatically captured and time stamped in Resolver. In most other systems, data instances are transient: when data is updated, previous data is either overwritten, or a snapshot is taken for a specific variable without any supporting context.
With this power, organizations now have the ability to:
“Risk owners will now have the ability to easily update their risks and controls at any time, as soon as they see any changes, without the traditional risk assessment overhead,” said Will Anderson, CEO, Resolver. “This means that risk teams will be able to continuously monitor KRIs, such as the volume and trend of specific risk events, and trigger assessments as soon as they are out of tolerance. They can now proactively mitigate the risk before it impacts business objectives. Resolver 3.0 also enables risk teams to access historical data if necessary, helping them to better understand the state of all related risk data at any point in time. Risk managers can now get a full picture of the specific conditions of when a change was made and its impact over time.”
Enterprise and Operational Risk
Resolver’s Risk Management Software enables risk teams to help the organization understand and take action on strategic and operational threats to reduce the negative consequences of events and incidents. With Resolver 3.0, risk professionals will be able to leverage:
IT Risk and Compliance
Resolver IT Risk and Compliance Software automates processes to reduce cost, resources and effort required to effectively manage cybersecurity programs, provide risk oversight to executives and the board and achieving IT certifications such as SOC-2, ISO27001 and others
With Resolver 3.0, IT Risk professionals will have access to:
Resolver’s Internal Audit Management Software uses an agile, risk-based approach to help teams plan and manage audits more effectively. It provides an integrated view of key risks to the organization and the related assurance activities needed to support efficient and effective assurance planning and coverage.
With Resolver 3.0, Internal Audit professionals will have access to:
Vendor Risk Management
Resolver’s Vendor Risk Management application enables risk teams to reduce the impact and severity of potential incidents by better understanding the volume and complexity of 3rd party risks. New features in the 3.0 release include:
Compliance Risk Management
Resolver’s Compliance Management application helps easily organize, manage and keep up with regulatory requirements for efficient and comprehensive compliance. Compliance professionals will now also have access to:
Resolver’s Incident Management application is an end-to-end solution for responding to, reporting on, and investigating incidents. It helps teams understand what’s happening and why, so that they can manage resources, minimize impact and prevent incidents. Incident Management is a part of Resolver’s larger security offering. Resolver’s security solution includes: Investigation and Case Management, Security Operations Management and Security Risk Management. Resolver 3.0 will also offer security professionals:
Resolver helps the world’s leading organizations reduce the frequency and severity of negative events. Risk, security and resilience professionals use our software solutions to provide actionable insights and control operational costs. To learn more, chat with our team.