Page 18 - Admired companies 2020
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Artificial Intelligence (AI).                          receive a notification when a parameter falls outside
                                                                the acceptable range with the supporting information
         Identify Compliance Deficiencies                       they need to effectively manage the acceptance,

         The requirements for accountability, more oversight,   exception, or mitigate the risk all within the solution.
         and identifying business risk quicker are accelerating   Allgress is pure play Governance, Risk & Compliance
         with new regulations, security breaches, partner       (GRC) meaning it only sells a GRC platform and
         requirements, fines, & reporting to target stakeholders   not other solutions like infrastructure protection or
                                                                other solutions. The company regularly attends and
         virtually impossible. That lead to the introduction of
         automated Governance, Risk, and Compliance (GRC)       participates in online and industry events.
         solutions. Many of these other solutions and old       The company foresees and hears from its customers
         manual methods have their own challenges of being      that they need to improve efficiency, communicate
         complex and expensive to implement.                    their risk posture quicker, increase automation, have
                                                                the same management capability they get in their
         Allgress’ goal when developing its solution was to
         overcome and reduce the complexity of these other      current on-premise environments in the cloud, and
         solutions that introduced more complexity. To achieve   consume data from additional IT & non-IT data
         that, the company introduced easy-to-use automated     sources with responsive customer support. The
         solutions with a common integrated approach that       company has and will continue to add seasoned
                                                                professionals to its implementation and support team
         provides quick-time-to-value for all aspects of risk and
         compliance management enabling multiple people to      to help customers reduce their business risk quicker
         work off the same data from identification to taking   using years of industry experience and knowledge of
         necessary action in less time, complexity & cost.      Allgress, being most of them were Allgress customers
                                                                before joining the company.
         Configure Needs of an Organization

         Organizations were already struggling to keep up
         with numinous regulations and best practices that
         were being managed with spreadsheets and home
         grown applications using expensive armies of
         consultants. organization with less complexity, cost,
         and manpower of homegrown or other solutions.
         The solution is delivered ready to start providing
         a continuous picture of their risk and compliance
         posture for an entire organization to an individual
         department with minimal set-up. An organization can
         typically start correlating technical, procedural, and
         operational control information from multiple data
         sources and/or a traditional assessment against one or
         more policies then produce visual reports for different
         audiences within a “week or so”. With Allgress,
         customers can converge disparate enterprise risk silos
         to gain an immediate, intuitive and unified view of
         their organization’s risk & compliance posture that
         translates that data into the language of business to
         reduce business risk.

         Reduce Business Risks Quicker

         Allgress IRMS provides the ability for its customers
         to craft and acquire just the right risk and compliance
         management system to meet their specific use-cases
         over time regardless of the industry vertical or size of
         the organization. Stakeholders and risk professionals
     18                                                                                   January 2020
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