As part of the expansion of Crossword Cybersecurity Plc’s (CCS) partner programme, it has announced a collaboration with leading security reseller and managed security services provider Satisnet Limited, who will provide third party assurance technology to its clients.
Satisnet will help its customers take control of third party risks through Crossword's Rizikon Assurance third party risk management platform. The platform will allow Rizikon customers to proactively managed their risk by automating supplier onboarding and gaining full visibility of third-party risk exposure. Customers will also be able to fully outsource their assurance processes to Satisnet through the Third-Party Assurance as a Service offering. Through Rizikon Assurance, Satisnet will help customers manage this risk at scale whilst improving the experience for their suppliers.
Shares in Crossword opened slightly lower at 340p in early trade
Sean Arrowsmith, Group Sales Director at Crossword Cybersecurity PLC, said: "We are really excited to have signed this agreement with Satisnet and it is a great step forward, as we progress our partner programme. Rizikon Assurance compliments Satisnet's existing portfolio and will allow their clients to really take control of their supply chain assurance programmes."
John McCann, CEO, Satisnet, said: "The Rizikon Assurance platform is a welcome addition to our offering. A lot of our clients are keen to further mature and enhance their approach to third party risk management and Rizikon will allow them to do this by driving automation at scale into the process."