CONCORD, MA--(Marketwired - Sep 4, 2013) - ProcessUnity, a privately-held risk management software company, today announced it has hired John Nye to lead the company's Technology Risk Management business.
Today, managing and mitigating third-party risk is no longer optional. As enterprises capitalize on the benefits of engaging with external service providers, partners, and subcontractors, they also inherit the risks of those third parties. ProcessUnity's Risk Suite solutions help organizations identify risks, design and test controls, and effectively manage risk both within the enterprise and with those important third-party relationships.
"ProcessUnity's solutions are designed to enable enterprises to capitalize on risk management for competitive advantage," said Todd Stone, president and CEO of ProcessUnity. "John is well aware of how critical it is for organizations to identify risk and determine its impact on vendor relationships, business processes, and ultimately, the bottom line. His work developing risk management and assessment programs is recognized throughout the industry, and we're thrilled to have him join the ProcessUnity leadership team."
Prior to joining ProcessUnity, Nye served as the head of Information Security for SoundBite Communications, a publicly-traded technology service provider with clients in the financial services, insurance, healthcare, utility, and telecommunications industries. Nye is best known for his work at Moody's, Symantec, and @stake developing risk assessment methodologies and metrics-based information risk scoring techniques.
"ProcessUnity's risk solutions are designed to help enterprises streamline and enhance their internal risk management and third-party risk assessment processes. By leaving the spreadsheet behind, our clients enjoy advanced risk scoring and reporting capabilities in addition to improved efficiency and repeatability," said Nye. "Our approach helps risk managers align controls and assessments with risks and regulatory requirements to create and successfully operate comprehensive risk management programs. I'm excited to bring the ProcessUnity platform to a market that's eager to embrace its capabilities."
About ProcessUnity, Inc.
ProcessUnity is a risk management software company headquartered in historic Concord, Massachusetts. ProcessUnity's Software as a Service solutions (SaaS) provide organizations with the visibility and control they need to assess, measure, and mitigate risk and to ensure the optimal performance of key business processes. For more information, visit www.processunity.com.
Contact Information:
For additional information on ProcessUnity, contact:
Jill Colna or Jeff Lavery
SVM Public Relations
401-490-9700