LogicGate: Optimizing Risk with Transparency, Automation, and Dynamic Partnership
“The value drive for an organization is to have a centralized data repository that can meet all of the different challenges, whether it's a third-party risk, whether it's policy management controls management, or enterprise risk management, that’s able to meet them at any maturity level, and LogicGate does that”
The ever-evolving governance, risk, compliance and privacy landscape can pose huge challenges to organizations and their business operations, especially since new regulations and requirements move quickly. The bigger problem is that most companies, though committed to risk mitigation, cannot get ahead in their management operations where risks are turned into opportunities for strategic business decisions. All of this should be mentioned with an asterisk beside it because risks only turn into opportunities when recognized and the correct actions are taken, swiftly. One of the global leading GRC solution providers is LogicGate, a powerhouse supporter for any company looking to optimize its risk management, no matter their size or maturity level. “The value drive for an organization is to have a centralized data repository that can meet all of the different challenges, whether it's a third-party risk, whether it's policy management controls management, or enterprise risk management, that’s able to meet them at any maturity level, and LogicGate does that,” says Matt Kunkel, CEO and CoFounder of LogicGate.
Built by GRC expert consultants, Matt and his co-founders started LogicGate on the premise of “find a need, fill a need,” differentiating the company as an all-in-one solutions provider that ties all factors of risk management together in one centralized operating system for clear insight and overview, managed tasks, and future-oriented resilience. Business relationships between LogicGate and their clients really resemble partnerships more than anything, where solutions grow out of business goals. “Really having a partner that can meet you where you are today but can also change and morph with you over time across many different verticals of GRC is extremely important,” Kunkel emphasizes.
In today’s business landscape, every company, no matter the size, scale, or area of industry, is dealing with evolving GRC requirements that branch off into a complex ecosystem that needs unparalleled strategy without draining time, energy, or employee resources. It’s easier than ever to log into Risk Cloud, LogicGate’s holistic GRC platform, and have incredible insight into all the nuances associated with cyber risk management, third-party risk management, controls compliance, policy management, regulatory compliance, data privacy, operational resilience and ESG compliance. These robust management offerings are available through simple out-of-the box solutions as well as enterprise-grade advanced options and run very quickly with the help of LogicGate’s committed and passionate team. “The beauty is in the interconnectivity of data,” Kunkel says, allowing the data to be shared on a centralized dashboard for easy access and collaboration. External data from across other applications and integrations are linked to workflows with intuitive controls that help tie vulnerabilities to specific assets, creating insights that become actionable instead of chaotic. For instance, automating evidence collection can significantly drive efficiencies, like how a tech company might develop 100% SOC compliance using Risk Cloud® but would like to expand into EMEA regions that require ISO compliance. LogicGate can help them quickly meet and solve for these targets, ensuring visibility and transparency for strategic business advantage.
For LogicGate, it’s all about delivering fast time to value, which means helping their customers drive greater efficiencies, and automating processes that weren’t connected before in order to meet current regulations in data collection, reporting, or internal assessments used in stakeholder communication. At the same time, cementing current GRC demands means having more insight into future opportunities. Risk Cloud has purpose-built applications that are quickly and easily integrated, and it’s also flexible and dynamic to empower customers to build out their own applications to make their business processes mesh together. “We ask things like, ‘What is the process? What do you need configured? What are the access permissions that you want to give? What data do you want to get out? What reports do you want to generate?’ We help them build out those full applications themselves within the platform,” Kunkel explains.
All of these offerings, coupled with the amazing partnerships LogicGate has with their clients, would not be possible without the kind of team and work culture at LogicGate. “Our values are built by our employees. Every employee is involved in these transparent relationships,” Kunkel explains. These closely-aligned teams create a community that makes their partnerships with clients matter beyond business results. In other words, it’s about creating a lasting impact with clients that creates the conditions for a reliable, steady, and transparent connection.
Right now, LogicGate is not only ever-evolving with their integrated GRC solutions, but also looking to push the envelope towards more AI-driven efficiencies. “We have just rolled out our AI governance solution. We want to help them understand the AI sprawl while helping put policies in place that are responsive and proactive to AI risk,” Kunkel says. LogicGate works in lockstep with customers, engaging on a partnership level: “How are we continuing to equip our customers with AI capabilities while making it easy for them to step into that world?”
What LogicGate proves time and time again is that there doesn’t have to be the type of complexity we sometimes associate with risk management. Instead, innovation means being comfortable with risks, and the way to be comfortable with risks is to have visibility and transparency where your business operations are concerned. Risk is not a pitfall but an enabler, and it takes the right kind of partnership with LogicGate to be able to realize that.