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ViClarity CEO Ogie Sheehy.
TRALEE-BASED company ViClarity have announced it has merged with PolicyWorks LLC, a US consultancy and services firm who specialise in compliance.
Through the merger, ViClarity says it will strengthen its position as a leading global provider of GRC solutions and the combining of companies will see ViClarity more than double in size providing an opportunity to grow the business globally.
The agreement will see ViClarity continue to grow and expand its European headquarters in Tralee, while gaining a team of resources in the US.
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This will enhance their ability to provide best in class services to clients and to further develop the software, offering new and exciting solutions and features to clients.
ViClarity will continue to be headquartered in Tralee, Co. Kerry with US offices in Boston, Massachusetts and a new office in Des Moines, Iowa where PolicyWorks is located.
ViClarity CEO, Ogie Sheehy, will oversee European business activities as CEO, European Business and Global CIO.
“This brings huge opportunities for the company and the ViClarity team” said Ogie Sheehy. “With PolicyWorks, we are joining with an organisation who shares our mission and values as well as our goal to make compliance easier for organisations and gives us the on-the-ground resources to expand our footprint in the US marketplace.”
“ViClarity’s architecture and skilled team are exactly what PolicyWorks needs to expand our services into the broader GRC space and support organisations beyond complianceconsulting,” said Miriam De Dios Woodward, PolicyWorks CEO.
ViClarity is widely regarded as one of the world’s most innovative Regtech companies having recently been named “Best Operational Risk Solution” by Insurance ERM.
It has a proven track record allowing organisations to effectively identify, monitor, score and report on Audit, Risk and Compliance issues.
PolicyWorks serves nearly 1200 organisations across the US offering compliance and audit consultancy services and brings resources, vision and expertise in helping clients resolve their most challenging compliance issues.
