Sword Active Risk supports Risk Managers of the Future

Active Risk Manager (ARM) software made available to students in global universities supporting growing interest in risk management profession and accreditation

Maidenhead, UK – Sword Active Risk, a supplier of specialist risk management software and services, has made its risk management software (ARM) available for universities and business educational establishments. Staff and students are able to access and use the risk management software via Amazon Web Services at no cost. To date universities in the UK, US, Australia have started to use the software as part of student courses. The initiative supports Sword Active Risk’s commitment to the Risk Management profession and follows its work with the Institute of Risk Management (IRM). Sword Active Risk is a Technology Sponsor of the IRM’s Risk Agenda 2025 project, launched earlier this year, to investigate what the future of risk and risk management could look like in 2025.

Keith Ricketts, VP Marketing at Sword Active Risk said; “In the past ten years we have seen both the risk landscape and expectations faced by Risk Managers change beyond recognition. It will be essential that Risk Managers have, as a pre-requisite, a greater understanding of the business and that they continue to work collaboratively with other departments. Software tools like ARM enable the fast, easy capture of risk information and provide a powerful way to articulate the risk story working with others across an organization.”

“By enabling students the opportunity to freely access risk management software they will gain insights as to how powerful analytical tools and visual dashboards can help manage risk and business performance across an organization. It will give young Risk Managers a step up as they enter the profession and underlines our corporate social responsibility ethos to widen access to, and support, the risk management industry.”

As part of the Risk Agenda 2025 project the IRM has recently published its report, ‘Setting the Risk Agenda – Exploring the future of the risk management profession’, which following a survey amongst risk management professionals, outlines the five key risks that risk managers face including; technological change, economic and financial instability, geopolitical volatility, climate change and longevity. It also sets out the five key trends and challenges ahead for the risk profession for 2025. A full copy of the report can be downloaded from the IRM website; www.theirm.org.

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NOTES TO EDITORS

About IRM

The Institute of Risk Management (IRM) is the world’s leading professional body for enterprise risk management. We operate internationally with over 5800 members in over 100 countries – working in all risk disciplines and industries across the private, public and third sectors.

As an independent, not-for-profit organisation we are well-respected advocates of the risk profession. We passionately believe that investment in continuing professional development leads to more effective risk management and improved organisational performance.

We support our members and the wider business community through the development of professional standards. Our qualifications, training programmes, events and thought leadership activities are underpinned by a competency framework. This framework sets out the knowledge, skills and behaviours required of risk professionals at all levels to deal with the demands of a constantly changing, sophisticated and challenging business environment.

For more information please visit: INSTITUTE OF RISK MANAGMENT

About Sword Active Risk

Sword Active Risk makes risk management simple, valuable and personal. Sword 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. Active Risk Manager (ARM) is the first solution available which integrates Risk Management, Cost Management and Schedule Management to show the real impact of risk, to enable better-informed decisions, and the ability to leverage risk, creating competitive advantage.

Sword Active Risk is the project risk software provider of choice for the world’s leading Energy, Infrastructure and Defense projects, working with organizations like the US Air Force, Bechtel, Crossrail, US Federal Aviation Administration, Lockheed Martin and Skanska to manage project risk worldwide.

Sword Active Risk has offices in the UK, USA and Australia, servicing customers worldwide directly and through a growing network of partners.

In September 2013 Active Risk was acquired by Sword Group. For more information please visit: www.sword-group.com

For further information and a detailed view of Sword Active Risk and ARM please visit:
SWORD ACTIVE RISK

Editors Contacts:

Keith Ricketts
Vice President of Marketing
Sword Active Risk
+44 (0) 1628 582500
Keith.Ricketts@sword-activerisk.com

Andreina West/Mary Phillips
PR Artistry
+44 (0) 1491 845553
andreina@pra-ltd.co.uk