Risk reporting is a major challenge for many organizations that few people talk about
Company experiences strong adoption of ARM Risk Performance Manager
Maidenhead, UK. February 14, 2013 - Active Risk today announced that there has been strong demand for its Active Risk Manager (ARM) advanced risk management reporting and analysis module, ARM Risk Performance Manager (ARM RPM), which integrates with the recent ARM 6 release. In the first three months after the release of ARM 6, 10% of Active Risk’s customers have already adopted ARM RPM.
Active Risk is focused on making risk management simple, valuable and personal. ARM RPM delivers on this philosophy by providing an easy to use tool that puts report design and production into the hands of risk and project professionals, enabling them to build sophisticated reports on the fly without the need to schedule scarce IT department resources. The module provides the vital risk and opportunity analysis required by organizations to support strategic decision-making. ARM RPM presents information in simple to understand graphical formats and can be used to respond quickly to ad-hoc information requests.
Loren Padelford, Executive Vice President and General Manager at Active Risk said, “Risk reporting is a major challenge for many organizations that few people talk about. Risk team members, business leaders and executives all need better information on a timely basis. With traditional technology it can take hours, even days, preparing risk reports for senior management, and by the time the reports are delivered the data is often out-of-date. With ARM RPM, you get real-time risk reporting and analysis, which can help you make better decisions. ARM RPM makes an organization’s risk data, and the risk function itself, much more valuable to the business.”
ARM RPM customers include Rio Tinto, Logica, Thames Tideway Tunnels, BT, EADS and Transpacific. For more information on ARM and ARM RPM visit www.activerisk.com/solutions/.
About Active Risk
Active Risk makes risk management simple, valuable and personal. Active Risk provides the world’s first risk management software that drives business performance by enhancing visibility, accountability and confidence at project, program and enterprise levels. With Active Risk you have a truly comprehensive view of your organization’s risk and opportunities, enabling you to make better-informed decisions and leverage risk to create a competitive advantage.
Active Risk is the risk management software provider of choice for the world’s leading companies in aerospace and defense, engineering and construction, energy and mining, government, and other industries. Customers include US Air Force, Bechtel, Crossrail, US Federal Aviation Administration, Lockheed Martin, Nestle, Rio Tinto and Skanska.
Active Risk has offices in the UK, USA and Australia, servicing customers worldwide directly and through a growing network of partners. Active Risk is listed on the FTSE AIM Index. For further information and a detailed view of Active Risk's products and services visit www.activerisk.com or call +44 (0)1628 582500 (EMEA/Asia Pacific), +1 703 673 9580 (Americas) or +61 2 9037 0150 (Australia).
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Mary Phillips/Andreina West, PR Artistry
+44 (0)1491 639500
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