Galvanize | Top Risk and Compliance Solution Company in Europe-2021

The Quintessential Technology Source for Corporate Financial Professionals

Home » Risk and Compliance » Galvanize

Galvanize: A Platform that Strengthens Organisations

CFO Tech Outlook

The rapid changes in the regulatory environment and expanding thirdparty relationships are exposing several business risks. Also, the conventional functional roles – legal, internal audit, risk management, and compliance professionals – tend to work in silos that are prone to inefficiencies in information exchange and accountability. The problem inflates when the organisation continues to utilise disconnected or disparate solutions for risk management, internal audit, policy management, and compliance. Besides, ignoring to map the organisation’s GRC processes to business strategy usually results in heavy compliance fines. This is where companies like Galvanize creates a difference.

With over three decades of experience, Galvanize builds software for security, risk management, compliance, and audit professionals. The HighBond platform offered by the company provides visibility into risk, makes it easy to demonstrate compliance, and helps grow audit, risk, and compliance programs without incurring extra costs. More than 6,300 organisations in 130 countries depend on HighBond to meet their objectives, including many of the Fortune 1000 and S&P 500 companies, plus hundreds of banks, manufacturers, healthcare and government organisations. “We don’t just make technology—we provide the tools that strengthen individuals and entire organisations, so they can achieve great things and change the world in the process,” states Laurie Schultz, President and CEO of Galvanize.

Treading on the philosophy of precision, the team of experts at Galvanize has fabricated the HighBond platform. The platform streamlines collaboration across organisations automates repetitive tasks, and delivers best practices in a seamless, awardwinning interface—all powered by ACL Robotics and Rsam technology. Also, the HighBond platform is made up of a number of different products, each covering a different area of organisational governance. Altogether, these products create the collective software platform to deliver dynamic, automated workflows, data consolidation, domain expertise and guidance, and an unparalleled customer community.


We don’t just make technology—we provide the tools that strengthen individuals and entire organisations, so they can achieve great things and change the world in the process

Through this platform, organisations also obtain the ability to provide executives visibility, assurance and confidence, demonstrate compliance, and mitigate the cost of managing risk and compliance.

The unique value proposition of the company can be best explained with a client success story that involved UnitingCare. UnitingCare is one of Australia’s largest non-profit health, aged care, disability, and community service providers, helping people from all walks of life. The client approached Galvanize with the need for an enterprise-grade software system that would bring all their risk and assurance related data together so they could increase efficiency and leverage insights from Internal Audit while supporting Management to deliver targeted risk and assurance assessments in real-time. On another note, Andrew Cooke, General Manager of Risk & Assurance at UnitingCare also wanted a way to manage the more than 400 complex child safety risk assessments across different lines of business. He wanted a way to track the status, the results, and how the risk profile changes over time. So, building out the HighBond tool ultimately came down to the ability to easily connect the data. Also, the ability for teams to configure the tool the way they needed to interact with it, instead of going through heavy customisations, which is often the path with other GRC tools.

This is one of the many instances where Galvanize has proven its excellence in driving fulfilling results for its clients. For the future, the company will continue to bring in new technologies in the risk and compliance arena and support organisations to meet its objectives.

Share this Article:
Top 10 Risk and Compliance Solution Companies in Europe - 2021

Galvanize

Company
Galvanize

Management
Laurie Schultz, President and CEO

Description
With over three decades of experience, Galvanize builds software for security, risk management, compliance, and audit professionals. The HighBond platform offered by the company provides visibility into risk, makes it easy to demonstrate compliance, and helps grow audit, risk, and compliance programs without incurring extra costs. More than 6,300 organisations in 130 countries depend on HighBond to meet their objectives, including many of the Fortune 1000 and S&P 500 companies, plus hundreds of banks, manufacturers, healthcare and government organisations