Commercial Risk, June 19, 2024
US-based risk management software firm Riskonnect has acquired Camms, a cloud-based governance, risk and compliance (GRC) software platform.
According to Riskonnect, the move “fuels innovation” for Riskonnect and gives customers of the combined organization “all aspects of risk under one roof”.
Camms will bring extra GRC functionality, including IT risk services, while the Riskonnect platform includes business continuity and resilience services.
The acquisition also expands Riskonnect’s geographical presence, especially in Australia, New Zealand and the broader Asia-Pacific region.
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