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 New ARM Partnership (10/02/2009)

Strategic Thought Group, the creator of enterprise risk management software Active Risk Manager, has agreed a partnership with Alpha & Omega, a solution provider in business process management and maintenance, to provide sustainable enterprise risk management solutions in Europe and the United States.

Strategic Thought launched Active Risk Manager (ARM) in 2001 as the first web-based enterprise risk management software system to support multi-business processes from different areas such as corporate, audit, management and projects by consolidating data to record, manage and mitigate risk. ARM is currently in use by many of the world’s leading organisations from a number of industry sectors such as life sciences, aerospace & defence and manufacturing and customers include Roche, Lockheed Martin, Rio Tinto, SABIC, NASA and the USAF.

As a result of this partnership multi-national companies will benefit from Alpha & Omega’s method to embed ARM into their daily way of working. Alpha & Omega’s experience in implementing life cycle models and continuous maintenance to address customers’ needs, highlights that risk management is not a reoccurring project but a continuous effort leading to sustainable organisations.

Albert Verschoor, Vice President Global Sales at Alpha & Omega said, “We have joined forces with Strategic Thought in the global market development of sustainability through risk management. We chose to partner with the developer of Active Risk Manager as it is the market leading enterprise risk management solution. We see mutual benefits for our organizations and our joint customers as a result of us working together.”

Karl Pringle, Global Alliances Director at Strategic Thought said, “Alpha & Omega has particular skills in pharmaceutical and related industries and with the current complex inter-networked business models used by many global companies in this area enterprise risk management processes and supporting software are in high demand. We look forward to working with Alpha & Omega to improve the sustainability and growth of leading companies in these economically challenging times. Risk adjusted business models driven by standardized processes and consistency will enable companies to improve performance and obtain the transparency that is required in today’s business climate”.

About Alpha & Omega

Founded in 1999, Alpha & Omega offers pragmatic services regarding business process modelling, monitoring and improvement. Alpha & Omega has extensive experience in gaining efficiency regarding business processes. Next to this Alpha & Omega provides pragmatic solutions related to the documentation around organizational processes. This results in improved organizational efficiency and compliancy to all relevant requirements, transparency in the benefits of document management and documentation that is used by a company’s employees. Professional Document Management Process, including optimization cycle and control process.

For more information please visit www.alphaenomega.com.

About Strategic Thought Group plc

Strategic Thought is a leader in Enterprise Risk Management in both theory and practise through its team of industry practitioners who have a wealth of experience in setting enterprise-wide risk/reward strategies and implementing ERM programmes in a variety of industries.  

Active Risk Manager is the world’s leading web-based Enterprise Risk Management system.  ARM enables the identification, registration, communication, analysis and management of risks and opportunities.  ARM aids compliance with project, operational and enterprise-wide guidelines.  The effective management of risks and opportunities allows companies to act within corporate governance requirements and industry standards while balancing the risk/reward mix to maximise the return on opportunities.

Strategic Thought was founded in the UK in 1987 and opened offices in the US in 2004.  Active Risk Manager is used by many major organisations around the globe including BAE Systems, British Nuclear Group, Enbridge, Rio Tinto, Lockheed Martin, Nestle, NASA, London Underground, Raytheon and SABIC.