KRM22 launches Enterprise Risk Cockpit

RNS Number : 4492S

KRM22 PLC

11 March 2019

 

MONDAY 11 MARCH 2019

KRM22 plc

("KRM22" or the "Company")

 KRM22 launches Enterprise Risk Cockpit for real-time enterprise risk management

KRM22 plc, (AIM: KRM:L) the technology and software investment company, with a particular focus on risk management in capital markets, has announced the launch of the Enterprise Risk Cockpit, its real-time enterprise risk management application for capital markets firms.

The Enterprise Risk Cockpit will allow firms to eliminate cumbersome spreadsheets, improve data accuracy and gain actionable insights on Enterprise risk.

Enterprise risk management typically requires high manual processing, making it challenging for firms to obtain a clear real-time view of events and their impact. By automating these time-consuming activities firms can gain actionable insights on risk, allowing efficient and better informed decision making.

Keith Todd, CEO at KRM22 comments, "The Enterprise Risk Cockpit will help firms address the critical challenge of having accurate and up-to-date information on their risk profile easily accessible at any given time. The feedback we have had during the testing phase of the new application has been very positive and we are excited to officially bring it to the marketplace. This launch also marks an important milestone for KRM22 as it is the first of our applications which will be provided through our Global Risk Platform, delivering on our promise to investors."

For further information please contact:

KRM22 plc                                                                                                                             via FTI Consulting LLP

Keith Todd CBE, Executive Chairman and CEO

Karen Bach, COO

finnCap Ltd (Nominated Adviser and Sole Broker)                                                         [phone]

Carl Holmes / Kate Bannatyne

FTI Consulting LLP                                                                                                                  [phone]

Matt Dixon / Jamille Smith / Debbie Oluwaseyi Sonaike

About the Enterprise Risk Cockpit:

The Risk Cockpit is KRM22's first native application delivered through the Global Risk Platform (GRP). It allows firms to visualise their enterprise risk profile, gain actionable insights on risk, and make better informed decisions. Firms can consolidate all risk data into one place without the need for cumbersome spreadsheets, while improving efficiency and accuracy. Time can then be spent managing risk instead of simply reporting on it.

Find out more about the Enterprise Risk Cockpit and sign up at www.krm22.com/riskcockpit

About KRM22 plc

KRM22 is a closed-ended investment company which listed on AIM on 30 April 2018. The Company has been established with the objective of creating value for its investors through the investment in, and subsequent growth and development of, target companies in the technology and software sector, with a focus on risk management in capital markets.

Through its investments and the Global Risk Platform, KRM22 helps capital market companies reduce the cost and complexity of risk management. The Global Risk Platform provides applications to help address firms' regulatory, market, technology and operations risk challenges and to manage their entire enterprise risk profile.

Capital markets companies' partner with KRM22 to optimize risk management systems and processes, improving profitability and expanding opportunities to increase portfolio returns by leveraging risk as alpha.

KRM22 PLC is listed on AIM and the Group is headquartered in London, with offices in several of the world's major financial centres.

See more about KRM22 at KRM22.com.

 

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