Protiviti deepens risk & compliance offering with Sword GRC alliance

02 June 2021 2 min. read

Protiviti has deepened its governance, risk & compliance (GRC) offerings in the Middle East through a partnership with Sword GRC.

The partnership between the global consulting firm and the UK-headquartered software provider sees Protiviti integrate Sword GRC’s full suite of solutions into its own GRC portfolio.

Founded in 2001, Sword GRC provides software that helps companies manage their enterprise risk and project portfolios. The firm’s suite of solutions includes applications for risk management (its flagship Active Risk Manager solutions), compliance, audit, quality management and operational/financial risk.

Protiviti deepens risk & compliance offering with Sword GRC alliance

Companies that use Sword GRC include the likes of Ameren, Airbus, Network Rail, NASA and Roche. In the Middle East, Protiviti and Sword GRC will mainly focus on joint clients in seven verticals: aerospace, defense, energy, financial services, government, infrastructure and oil & gas.

Commenting on the new alliance, Ranjan Sinha, a Managing Director at Protiviti, said: “Enterprise risk management has gained significant importance for businesses in the Middle East emerging from the pandemic, as indicated by Protiviti’s recent survey with 44% of organisations at initial stage of adoption.” 

“In this context, our partnership is timely and enables us to offer a proven GRC solution option to our clients across a wide range of industries. We look forward to working with Sword GRC in this space, where risk and opportunity management are critical to business performance for organisations.” 

Protiviti’s consultants and technology experts work with organisations across all stages of their GRC value chain, from strategy (defining risk policies and aligning this to broader business objectives) to technology sourcing and implementation, both from an organisational as well as technological viewpoint. 

“We have vast experience in developing risk and compliance processes and implementing GRC software solutions,” said Sinha. As Protiviti operates independently, the consultancy works with several solution providers in the market, meaning that it can “offer a unique set of choices and services to clients.” 

Meanwhile, for Sword GRC, the alliance will enable the company to expand its presence in the Middle East, leveraging Protiviti’s network of clients and offices. “We are proud to cement our relationship with Protiviti,” said Charlie Longridge, Director of Sales and Global Partnerships at Sword GRC.