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Financial Services Review | Friday, February 25, 2022
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MINNEAPOLIS, MN – Argos Risk, a leading provider of Third-Party Risk Intelligence (TPRI) solutions, announces a new strategic partnership with Fusion Risk Management (“Fusion”), a leading provider of operational resilience, business continuity, and risk management software and services.
Fusion empowers organizations to make data-driven decisions and achieve their North Star of resilience to deliver on their brand promise through any disruption – whether it be unprecedented internal business situations or external risks that impact both the world and business operations. The Fusion Framework® System™ is Fusion’s flagship solution which delivers a revolutionary structure that eliminates the need for separate modules across the many areas of risk and continuity management, bringing them together under the comprehensive umbrella of operational resilience.
“It is more critical than ever that today’s risk and resilience teams have access to critical Third-Party Risk Intelligence data to inform their ongoing vendor management and monitoring decisions, enabling organizations to maintain resilient operations and efficiently deliver on their customer promise,” said Paul Ybarra, CRO of Fusion Risk Management. “Argos Risk is a trusted provider of Third-Party Risk Intelligence data, and we are thrilled to offer our customers the AR Surveillance™ integration to expand their third-party risk management capabilities as well as continue providing them with the products and services they require to achieve dynamic resilience programs.”
Argos Risk’s flagship solution, AR Surveillance, continuously monitors and provides key insights into a third-party vendor’s operations, including financial viability, sanctions status, the strength of cash flow, business health, industry outlook, and much more.
The system automatically generates and delivers alerts related to significant events and changes, including lawsuits, liens, mergers and acquisitions, key executive changes, and other material news and events – and which are now incorporated and can be managed within the Fusion Framework.
“We are very excited to work with Fusion Risk Management’s business continuity professionals and support their mission to make true business resiliency a reality,” said Lori Frank, President and CEO of Argos Risk. “Our relationship with Fusion Risk has created a best-in-class integration between our systems that securely brings dynamic, actionable intelligence into the heart of risk and resiliency programs,” added Frank.