ManagementCBP buys new risk management tool

Published 6 December 2011

Customs and Border Protection (CBP) Office of Technology Innovation and Acquisition (OTIA) is replacing existing risk management systems with a product from a U.K. company to bolster the department’s risk and opportunity management capabilities

 

U.K. company Active Risk, author of Active Risk Manager (ARM), announced DHS has chosen ARM for risk/issue/opportunity (RIO) management across its contractors and federal staff.

Customs and Border Protection (CBP) Office of Technology Innovation and Acquisition (OTIA) is replacing existing risk management systems with ARM to bolster the department’s risk and opportunity management capabilities.

Loren Padelford, senior vice president of Active Risk Group and chairman of the Americas’ Board commented, “The federal government has a responsibility and duty to understand and manage risks to a very high level and nowhere is that more critical than the DHS. Senior administrators need the most comprehensive risk information possible to ensure the safety of the public. DHS decision makers will have the best risk and opportunity information to make the most informed decisions possible due to ARM’s unique ability to identify, manage and mitigate risks across an entire department and contractor base. We welcome DHS to the ARM user community which already includes the likes of U.S. Air Force, U.S. Department of Energy, NASA and many others.”

The company says that Active Risk Manager enables the identification, communication, analysis and mitigation of risks and opportunities within a single system. ARM addresses enterprise-wide risk management (ERM), project risk and governance, risk and compliance (GRC) requirements.