Active Risk to open new office in Australia

Maidenhead, UK - 18 November 2011

Active Risk (formerly Strategic Thought Group), author of award winning Enterprise Risk Management (ERM) software Active Risk Manager (ARM), has announced that it is to open a new office in Australia in early 2012. This follows rapid growth in its customer base in the region and a surge of interest in ARM, its ERM and project risk solution.

Lynton Barker, Active Risk’s Executive Chairman commented, “Australian organizations have been at the forefront of risk management thinking and application for many years. Our customers in the region are some of the most innovative users of our software. We are collaborating with many of them to build advanced capabilities into ARM to meet the growing needs of senior management for an enterprise-wide picture of strategic risks and opportunities.”

Barker continued, “2011 has seen Active Risk’s Australian customer base double in size. The business demand in Australia for Enterprise Risk Management, coupled with an appetite for risk management innovation provides a unique opportunity for both our company and our customers. Australia was the logical choice for our next office at this stage in our expansion and we are currently finalizing the location details and recruiting experienced risk professionals into the team.”

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