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Independent risk management software company Riskonnect, Inc. and The Network, Inc., a leading provider of corporate compliance solutions including the prevention, detection, management and analysis of information to nearly half of the Fortune 500, announced today a strategic partnership to align their thought-leadership vision and risk management efforts for expansive risk management software and services solutions.

The deal bolsters the breadth and depth of offerings for both industry leaders providing comprehensive risk management services, leap-frogging existing RMIS (risk management information systems) and ERM (enterprise risk management) vendors and providing superior risk management technology and service.

“With our partnership, both Riskonnect and The Network are well-positioned to provide a broader offering to our clients,” said Bob Morrell, chief executive officer at Riskonnect. “Benefits of the partnership are already evident with Riskonnect RMIS client implementations.   We are able to offer the added level of service of information intake via phone by a live, experienced specialist through The Network’s NetClaim service.  For The Network, clients can now seamlessly feed the wealth of information captured on the front-end to Riskonnect RMIS and Riskonnect ERM solutions for further analysis and action.”

The co-sponsored webinar on June 4 entitled, Integrated Risk Management Webinar:  Practical Applications of End-to-End Risk Management Software & Services Solutions, will help participants understand how incident management and RMIS work together to capture more than insurable risks, better protecting the organization. Participants will experience integrated risk management through real examples including an incident and a fraud event and the correlating risk relationships from each, resulting in alerts and dashboards as a part of the ERM system.

 “Providing organizations solutions to prevent, detect, manage and analyze risk is the core focus of our business, and this partnership further strengthens our position in the marketplace,” said Luis Ramos, chief executive officer at The Network, Inc. “Through the integration of our services and software components,  information can be further  processed and visualized to help organizations see and understand the risk and risk relationships that could result in loss of shareholder value or catastrophe if not properly, identified, assessed, managed and mitigated.”