Cority Recognized as an Operational Risk Management Software Specialist by Independent Analyst Firm
Toronto, Canada – January 23, 2019 – Cority, the most trusted provider of environmental, health, safety, and quality (EHSQ) software, today announced it has been recognized as an Operational Risk Management (ORM) software specialist in a new benchmark report by independent research firm Verdantix.
The 2019 Green Quadrant: Operational Risk Management Software provides a detailed fact-based comparison of the 17 most prominent operational risk management software vendors in the industry. Based on the proprietary Verdantix Green Quadrant methodology, Cority placed in the top five overall based on capability scores that span 158 functionality criteria.
“As EHS executives move from a compliance-centric to a risk-centric perspective, Cority’s product roadmap is well aligned to support firms on this journey,” commented Malavika Tohani, Principal Analyst, Verdantix. “It possesses a strong core platform along with a reliable software app covering the majority of the process safety processes, and should be shortlisted by companies with an eye to improve their operational risk management initiatives.”
According to the report, Verdantix found that Cority has key strengths in:
Incident Management and Emergency Response
Cority scored strongly in incident management and earned the highest overall score for emergency response. Verdantix noted Cority received high scores in this area as it enables automatic notifications to alert the fire department, create automatic business continuity actions, search for similar incidents that may have occurred, and assign corrective actions.
Pre-start Up Safety Management and Management of Change
Cority received high scores for both pre-start up safety management (PSSR) and management of change (MOC). Cority’s MOC solution includes 10 pre-built workflows covering personnel, equipment, process, material and procedural changes. Users can configure up to 20 levels of approvals per change request and visualize the status of all change requests.
Business Intelligence and Configurability
Cority earned praise for being a highly configurable solution in terms of changing business rules, role definitions, and workflows to suit the needs of its customers. Cority also received high scores for its Business Intelligence solution and Predictive Analytics offering, which enables organizations to benchmark their programs against third party data and perform a What-If Analysis.
“Our vision is to be the preeminent platform that organizations use to manage their risk, compliance, sustainability, safety, and worker well-being initiatives,” said Mark Wallace, President and CEO, Cority. “This acknowledgment from the Verdantix Green Quadrant is validation of our strategy to continuously innovate so our clients can successfully reduce risk and achieve operational excellence.”
Cority is the most trusted environmental, health, safety, and quality (EHSQ) software for assuring client success. Cority enables organizations to utilize EHSQ software to advance their journey to sustainability and operational excellence by combining the deepest domain expertise with the most comprehensive and secure true SaaS platform. With 30+ years of innovation and experience, Cority’s team of over 350 experts serve more than 1000 clients in 100 countries, supporting 2.5 million end users. The company enjoys the industry’s highest levels of client satisfaction and has received many awards for its strong employee culture and outstanding business performance.