Riskonnect acquired value chain governance company as compliance demands become top of mind in the supply chain.
Riskonnect acquires value chain governance company ICIX to expand its integrated risk management (IRM) offerings. ICIX allows client companies to manage, monitor, and verify environmental, social and governance (ESG) performance. The strategic buy comes at an imperative time when compliance in the supply chain heightens and companies flock to new platforms to best comply with regulations. While the acquisition benefits Riskonnect customers who will now get access to ICIX capabilities, it also extends the inverse to ICIX customers, making Riskonnect offerings available to them as well.
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