Governor Software

regtechcomplianceekyc/aml/cftgovernanceregulatory reportingrisk management

FOUNDING YEAR: 2015
LOCATION: Ireland
Last Update: 01/05/2020

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About

Modern organizations are complex systems. They comprise complex legal entity structures, business models, metrics, risks and opportunities. And all of this is enveloped by complicated ‘rules of the game’ comprising external regulations, internal policies and various competing business objectives. Governor allows a firm to: • Map this complexity out and define the dependent documents, obligations, metrics and owners – all according to whatever corporate taxonomy is appropriate for each element • Monitor the status of each element of the network and understand the causality where underperformance exists • Take appropriate actions to remediate issues • All within a highly innovative visualization of the network and with a full audit trail so that the history of an issue, status or element can be understood Possible use cases: Risk Management, Regulation Management (both Inventory of Regulations and Specific Obligations), Legal Entity / Governance Management, Business Model & Performance Management, Data Lineage and Process Mapping

MEDICI Analysis

Governor Software is a GRC platform that helps senior executives in a company to maintain their regulatory governance and manage risk for their organizations. It enables users to map and visualize various regulatory and policy obligations. It has obtained a licence from the FCA that enables its clients to automatically link internal policies and controls to the FCA Handbook.

Focus

PRODUCTS & SERVICES

Governor Software provides 2 distinct products namely: Risk Management Oversight: It helps the Chief Risk Officer to maintain an overview of risk appetite and tolerance of an organization. The Risk Management Oversight involves various modules like Cyber Risk Oversight, Operational Risk Oversight, Project Risk Oversight, Model Risk Oversight, Credit Risk Oversight and Risk Appetite Oversight. Compliance Management Oversight: It helps senior compliance executives to maintain regulatory governance and oversight through clear visualisation of regulatory obligations. It helps users to communicate obligations, understand their status and evidence their compliance

REVENUE MODEL

SAAS + Content + Consultancy

PRIMARY PROBLEM SOLVED

ERM, ALM and Cyber in one product!

INTELLECTUAL PROPERTY

Patent(s) NOT_FILED

Traction

REVENUE

$100k - $499k

ACTIVE USERS:

4

People

NUMBER OF EMPLOYEES

1-10

KEY EMPLOYEES:

Paul Manson

Momentum

FUNDED

NO

LISTED

NO

For Investors

MONTHS LEFT WITH CURRENT CASH BURN RATE:

8 months from 11 Apr, 2018

BASICS

FOUNDING YEAR:

2015

LOCATION:

Ireland

Views:

84 VISITORS | 171 VIEWS

About

Modern organizations are complex systems. They comprise complex legal entity structures, business models, metrics, risks and opportunities. And all of this is enveloped by complicated ‘rules of the game’ comprising external regulations, internal policies and various competing business objectives. Governor allows a firm to: • Map this complexity out and define the dependent documents, obligations, metrics and owners – all according to whatever corporate taxonomy is appropriate for each element • Monitor the status of each element of the network and understand the causality where underperformance exists • Take appropriate actions to remediate issues • All within a highly innovative visualization of the network and with a full audit trail so that the history of an issue, status or element can be understood Possible use cases: Risk Management, Regulation Management (both Inventory of Regulations and Specific Obligations), Legal Entity / Governance Management, Business Model & Performance Management, Data Lineage and Process Mapping

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

MEDICI Analysis

Governor Software is a GRC platform that helps senior executives in a company to maintain their regulatory governance and manage risk for their organizations. It enables users to map and visualize various regulatory and policy obligations. It has obtained a licence from the FCA that enables its clients to automatically link internal policies and controls to the FCA Handbook.

Focus+
Momentum+
Traction+
People+
For Investors+
Other+

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Governor Software

About

Modern organizations are complex systems. They comprise complex legal entity structures, business models, metrics, risks and opportunities. And all of this is enveloped by complicated ‘rules of the game’ comprising external regulations, internal policies and various competing business objectives. Governor allows a firm to: • Map this complexity out and define the dependent documents, obligations, metrics and owners – all according to whatever corporate taxonomy is appropriate for each element • Monitor the status of each element of the network and understand the causality where underperformance exists • Take appropriate actions to remediate issues • All within a highly innovative visualization of the network and with a full audit trail so that the history of an issue, status or element can be understood Possible use cases: Risk Management, Regulation Management (both Inventory of Regulations and Specific Obligations), Legal Entity / Governance Management, Business Model & Performance Management, Data Lineage and Process Mapping

Focus

PRODUCTS & SERVICES

Governance Risk and Compliance Graph map builder. Custom content build around specific regulations (BCBS239, 265, 271, 328, SMR, etc)

REVENUE MODEL

SAAS + Content + Consultancy

TOP PROBLEM SOLVED

ERM, ALM and Cyber in one product!

PRODUCT DEVELOPMENT STAGE

V2.0 or BEYOND

KEY DIFFERENTIATORS

The power of a Graph applied to the complexity of an organisation to manage Risks, Regulations and Obligations

PRIMARY CUSTOMER TYPE

Enterprise - Banks or Financial Institutions

PRODUCT ATTRIBUTES

SaaS

On-premises

Back Office

People

NUMBER OF EMPLOYEES

1-10

KEY EMPLOYEES:

CEO: Richard Pike

CTO: Ian Dilley

Head of Europe: Paul Manson

Momentum

FUNDED

NO

TOTAL FUNDING:

$200 K

FUNDING COMPLETED

NO

LISTED

NO

FUNDING SERIES
Seed May 2017 --- USD200 K at a USD1.6 Mvaluation