Press Release

RISKGRID Now Available in the Microsoft Azure Marketplace

DATE

15.06.23

LOCATION

London, UK

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RegRisk Technology today announced the availability of RISKGRID in the Microsoft Azure Marketplace, an online store providing applications and services for use on Microsoft Azure. RegRisk Technology customers can now take advantage of the scalability, high availability, and security of Azure, with streamlined deployment and management.

RISKGRID is a risk assessment platform enabling firms to automate and standardise fragmented, cross-enterprise risk assessment practices, and to harness value and eliminate risk from internal risk assessment processes.

Built upon the highly reliable Azure infrastructure, RISKGRID is delivered as a service with flexible subscription options and streamlined commercial availability through Microsoft commercial marketplaces.

RISKGRID addresses the challenge of manual, standalone, fragmented, and inconsistent risk assessment processes common within financial firms and others challenged by regulation and compliance needs. As well as the manual burden of managing largely spreadsheet-driven risk assessment processes, a lack of collaboration and integration between disparate enterprisewide practices makes it difficult to derive any actionable insights from the activity with respect to risk trends and proactive issue resolution.

Microsoft Azure customers worldwide now gain access to RISKGRID to take advantage of the scalability, reliability, and agility of Azure to drive application development and shape business strategies.

RISKGRID’s cloud-based approach enables fast and effective deployment of fully automated risk assessment frameworks that standardise cross-enterprise methodologies and processes, supporting stakeholder and regulatory risk management and reporting obligations, and maximising operational efficiency and organisational transparency.

Steven Marshall, Founder and CEO, RegRisk Technology, said, “Despite ever-evolving regulation around operational and financial risk, most risk assessments carried out within firms generate no intrinsic value to a business. Providing a single, comprehensive, aggregate and nearreal-time view of a firm’s risk, RISKGRID makes consistent, proactive, value-generating risk assessments more accessible to firms of all sizes, and enables them to more effectively anticipate and mitigate business risks."

“As a Microsoft Partner we are pleased to make RISKGRID available through the Microsoft commercial marketplace, providing global reach and streamlining delivery to our customers. Having capitalized on the technical advantages presented by building our cloud solution on Azure infrastructure, we recognized that the Azure Marketplace would offer a similar commercial boost and ensure a streamlined customer journey,” said Marshall

Jake Zborowski, General Manager, Microsoft Azure Platform at Microsoft Corp. said, “We’re pleased to welcome RISKGRID to the Microsoft Azure Marketplace, which gives our partners great exposure to cloud customers around the globe. Azure Marketplace offers worldclass quality experiences from global trusted partners with solutions tested to work seamlessly with Azure.”

The Azure Marketplace is an online market for buying and selling cloud solutions certified to run on Azure. The Azure Marketplace helps connect companies seeking innovative, cloud-based solutions with partners who have developed solutions that are ready to use.

Test Drive RISKGRID on the Azure Marketplace