Risk and compliance software provider
While aimed primarily at internal auditors, the upgraded platform is meant to facilitate collaboration between them and risk and compliance teams.
RiskCloud allows auditors to define granular permissions and roles for each application, format and pull reports, and enable collaboration between functions. The platform also lets users automate tasks while maintaining a single source of information for controls, assessments, risks and mitigation. In addition, the program validates internal processes through the various applications as well as the company’s Risk Cloud Exchange. Specific applications on the platform allow for:
- SOX control testing;
- CMMC self-assessment;
- Controls management;
- SOC 2 compliance;
- HiTrust controls management;
- NIST CSF assessments; and,
- SCF Control assessments.
“With our expanded audit capabilities, we want our customers to be able to tell the full audit story — not just part of it — as audit is critical to a holistic [governance, risk and compliance] program,” said Jon Siegler, chief product officer at LogicGate, in a statement. “With these improvements, LogicGate customers have access to a one-stop shop for all things audit. We’ve automated time-consuming tasks and provided more in-depth reporting capabilities. These all equip our customers to better align audit with all risk-related initiatives.”