LogicGate announces its expansion into EMEA to satisfy rising demand for comprehensive GRC solutions
February 02, 2023 By Monica Green
(Image Credit Google)
To assist risk leaders throughout the world in transforming, connecting, and scaling their GRC programs, LogicGate, a leading provider of revolutionary risk and compliance solutions through its Risk Cloud® platform, today announced an expanded international presence.
A new relationship between LogicGate and Climb Channel Solutions, a global distributor of specialty technology and a wholly-owned subsidiary of Climb Global Solutions, Inc., was established in order to promote the company's expansion (NASDAQ: CLMB).
By the end of 2024, 75% of the world's population will have privacy protections, predicts Gartner.
Companies must combine security and privacy teams to improve collaboration, communication, and visibility across the enterprise as the global regulatory environment becomes more complex.
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By creating integrated, unified, and networked GRC programs, LogicGate and Climb will assist international firms in navigating global security and privacy problems.
Utilizing the collaboration, LogicGate will strategically increase sales and customer success for its Risk Cloud platform across EMEA. Customers like Equiniti, Zurich Insurance, and Luno are among the rapidly expanding user base of the organization in the area.
According to Andrew Fidgeon, Business Development Director at Climb Channel Solutions, "In today's global risk world, many firms struggle to communicate privacy and security risks to stakeholders, prioritize decision-making on business context, and align teams around shared results."
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The company's growth objectives at LogicGate have another significant step forward with the company's international expansion. Eight GRC Applications have been released by LogicGate this year alone.
The company also continues to innovate in the areas of cyber risk and controls compliance, making strides in the assessment of cyber risk and the integration of continuous control monitoring.
LogicGate was rated a "Strong Performer" in The Forrester WaveTM: Third-Party Risk Management Platforms, Q2 2022 report and a Leader on the G2 Grid Report for GRC Platforms in Winter 2023 as a result of its investment in the Risk Cloud platform.