What Riskonnect’s Xactium acquisition means for the GRC/IRM world

  By Riaan Bekker, Force Solutions Manager at thryve There is growing interest over Riskonnect’s acquisition of Xactium, a fellow GRC/IRM software vendor. It’s another big etch on Riskonnect’s growth chart, and also a sign of the accelerating evolution of the GRC/IRM market. I refer to GRC/IRM in a split fashion because there is still […]

Preparing for Competition

  By Neer Rama, Force Solutions Product Manager at thryve Business is booming in Canada. Not only is it ranked as one of the top countries to do business in, but Forbes has in this regard called Canada the second-best state in the G20. It is also home to a growing startup sector, all attracted […]

Three ways to break down silos in organisations

  By Neer Rama, Force Solutions Product Manager at thryve Silos once made a lot of sense. In the early 20th century, companies and states grew much larger and complex. Managing these behemoths was not easy and led to the creation of various layers that could toe the line, keep activities aligned with strategy and, […]

Why crisis also means opportunity

By Riaan Bekker, Force Solutions Manager at thryve The Chinese word for ‘crisis’ is not a combination of ‘danger’ and ‘opportunity’. Like many such attributed pieces of wisdom, the actual concept came from Western authors fascinated by the idea, encouraged by a mistranslation of the Chinese word. Politicians, most famously US President John F. Kennedy, […]

How cloud simplifies complex risk and insurance environments

  By Neer Rama, Force Solutions Product Manager at thryve Managing risks and insurance across a single business is difficult. To do so across numerous entities is orders of magnitude harder. The information has to be drawn from different stakeholders, each with their own capturing and reporting standards. Instead of an orchestra, risk and insurance […]

Are you providing answers through your risk visualisation?

  By Riaan Bekker, Force Solutions Manager at thryve Determining risk is complicated – risk managers know this. But some might say explaining risk to others is even harder. You can’t simply demonstrate the technical path you followed to reach your conclusions. This might not only alienate your target audience, but it’s also insufficient. Humans […]

Insurance in 2020: A personal touch will make the difference

By Riaan Bekker, Force Solutions Manager at thryve Personalisation is establishing itself as the cornerstone of modern insurance and insurtech. The trend has been building momentum for several years, and today it’s evident in the advertisements of numerous insurance products. Policyholders can reduce their costs through fitness trackers or monitoring their driving behaviour. Both are […]

Fixing strategic risk: the rise of objective-based ERM

Enterprise Risk Management

  By Neer Rama, Force Solutions Product Manager at thryve Enterprise Risk Management (ERM) gained popularity for a specific reason. It offered what risk management was initially meant to provide: strategic value. Even the most basic strategic management course is an introduction to organisational risk. The ever-present SWOT analysis is essentially about identifying risks and […]

GRC vs IRM: Looking beyond names and acronyms

By Riaan Bekker, Force Solutions Manager at thryve Is there a difference between Governance, Risk & Compliance (GRC) and Integrated Risk Management (IRM)? This topic has sparked furious debate among different practitioners and technologists. It’s also the topic thryve presented at the recent IRMSA conference held in Midrand, Johannesburg. Do we have an answer? If […]