Bill Diaz, Chief Executive Officer at Archer, commented:

“Cinven has a strong track record of driving value in software businesses and they are the ideal partner to support Archer’s next phase of growth. This partnership with Cinven will allow us to capitalize on significant growth opportunities both organically and through strategic acquisitions and further accelerate our leading position to the benefit of our customers, employees and all stakeholders.”

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This expansion is driven by the rising need for advanced risk management capabilities and the growing expectations of risk teams in the Indian market. The new SaaS location in India is designed to provide local customers with a secure, highly available, and scalable platform for managing risk. Customers will receive the same level of support, security, and data protection as they do in other locations around the world.

“As one of the fastest growing economies in the world, India is a strategic location for our business with a thriving local customer base and a large R&D team already serving the market. We are thrilled to expand the value of our modern, cloud-based integrated risk management solutions to this wonderfully dynamic market,” said Bill Diaz, CEO of Archer. “We have been serving customers in India for more than 10 years, and we understand the unique challenges and rising expectations of risk teams in India. This expansion highlights our continued commitment to providing a solution dedicated to their needs.”

“With everything that’s going on in the world, having access to proven, scalable and agile approaches to risk management are critical for companies to not only survive but thrive,” commented Sam O’Brien, Vice President of Archer Asia-Pacific. “We are not only seeing established companies outgrow their Excel or ticket-based risk program, we are also seeing many Indian start-ups realize they need world-class risk technology early on in the journey”.

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“We are very excited to continue the expansion of the Archer platform through the acquisition of the Atlas capabilities around policy and document creation and management,” said Bill Diaz, CEO of Archer. “We are leveraging this technology to launch a set of Document Governance features that address the need for enhanced control of the critical documents that drive business operations, and as a result should be managed as part of an overall risk management process.”

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Archer, the leading provider of Integrated Risk Management technology, today announced that Alex Sidorenko has agreed to act as a Senior Advisor to help Archer and its clients take full advantage of technology for advanced use cases like quantitative risk analysis.

“I have been passionate about integrating better quantitative risk analysis into decision making for years, helping companies make better investment and operational choices and saving a lot of money along the way. In today’s complex and turbulent times, I see risk management team as the center of excellence for dealing with uncertainty and being on call to executives when important decisions are being made. I used technology to support my team in its risk advisory role and I am very glad to support the Archer platform that allows businesses to solve complex risk issues quickly and efficiently.”

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“Archer is already well placed for hyper-scale growth in the cloud”, said Anindo. “The platform is already extremely configurable, and there is a large community of Archer certified professionals who know how to adapt the products to meet the unique needs of their business. Continued expansion in the cloud will further make Archer’s growth frictionless, by removing installation and routine maintenance work from the path to value. In addition, the cloud will also tighten the feedback loop between Archer and our customers, accelerating the speed with which our products improve.”

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“We have seen explosive growth over the past few years around our SaaS offering and more than doubled revenues last year for this part of the business,” said David Lemon, Chief Revenue Officer at Archer. “Extending our platform into the UAE will help us meet the demand we are seeing from this very important region that has long represented a strong region of our customer base.”

Read the full story at archerirm.com.

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Archer®, a leading provider of integrated risk management (IRM) solutions, today announced the addition of Graeme Keith as Global Professional Services Lead for Risk Quantification. In his new role, Graeme will be working closely with Archer customers to increase their focus on connecting risk analysis to the most strategic aspects of their business.

Graeme joins Archer with experience spanning both industry and academia, working across corporate strategy and risk management. Prior to running his own consultancy focused on risk quantification, Graeme served in twin roles as lead strategy advisor and head of enterprise risk management at Maersk Oil. Graeme earned his doctorate in applied mathematics at Cambridge in 2000 and teaches at Copenhagen University and the Technical University of Denmark. He is a fellow of the UK institute of Mathematics and its Applications and a chartered mathematician.

“With the launch of the full quantitative capability of Archer Insight, Archer has triggered a paradigm shift in enterprise risk management practice,” said Graeme. “Quantification is the fairy dust that turns GRC into an enterprise-wide, strategic decision support tool because it synthesizes the impact of uncertainties between functions and sectors and across organizational structures, and it is the only way meaningfully to articulate the fundamental trade-off between risk and reward. I have been helping clients achieve these goals throughout my career in risk management. Archer’s unique technology and the industry’s largest client base makes it the ideal environment to take this mission to the next level.”

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