Risk Intelligence A/S and Human Risks ApS have completed a data integration for a major international client
Risk Intelligence A/S (“Risk Intelligence” or "the Company") announces today that the company’s intelligence data from the Risk Intelligence System is now available through the Human Risks ApS platform for a major international client.
Human Risks ApS provide an end-to-end enterprise security risk management platform, focused on improving business continuity and compliance. It allows clients to pull overviews of key metrics and create reports across a wide range of business-critical areas.
The two Danish companies have combined their respective areas of expertise to deliver a solution, which covers both maritime supply chain intelligence and business continuity and compliance risks, to a major global client. The successful integration highlights the potential for further integration agreements for national and international clients.
Mads Pærregaard, Managing Director of Human Risks, says:
“It is with great pleasure that we have added Risk Intelligence to the list of intelligence providers that integrate directly with our risk management platform. The integration allows us to provide our users with up-to-date maritime intelligence directly in their threat assessments and keep them updated on current events relevant to their areas of operations.”
Jim Pascoe, Chief Commercial Officer of Risk Intelligence, says:
“It’s been a pleasure working with Human Risks and the client to deliver a unique, tailored solution that fits their requirements, enabling them to manage supply chain threats as well as business continuity and compliancy risk. The fact that it’s two Danish companies collaborating to deliver a world class solution to a global client is testament to the innovation and adaptability that is present in Denmark today.”
The Risk Intelligence System
The Risk Intelligence System is a digital security intelligence solution developed in close collaboration with global businesses that are established within the fields of shipping, offshore, oil and gas. The digital solution is designed based on insights directly from customers and their needs as well as Risk Intelligence’s experienced security risk analysts and developers’ knowledge of intelligence and assessment needs.
The Risk Intelligence System offers customers a complete picture of immediate, short- and medium-term security risks for coastal areas, ocean, port and landside threats. The analysis is focused on insurgency, piracy, organised crime, activism, terrorism, military conflicts, and any interplay between these. Risk Intelligence identifies where serious events arise and presents an assessment of how great the threat is in each area. This enables companies to evaluate both current and future security risks in real time to minimise risks across their operations.
Risk Intelligence clients currently operate more than 15.4% of the global merchant fleet.
Licences provide strong recurring revenue
The license agreement provides access to the Risk Intelligence System (MaRisk+PortRisk) through a subscription, paid for twelve months at a time, in advance. Variables of the Risk Intelligence System license agreements are: number of modules, selection of additional layers, number of users, and any technical integration such as API. The Risk Intelligence System license agreements create recurring revenue with a renewal rate of 98-100% (churn of 0-2%) and generates strong cash flow for the Company. The lifetime value (LTV) of a Risk Intelligence System license is on average about 1M DKK.
For more information on services and the System:
Please watch our corporate video: Knowing Risk
For further information about Risk Intelligence, please contact:
Hans Tino Hansen, CEO
Jens Krøis, CFO
Jim Pascoe, CCO
Telephone: +45 7026 6230
E-mail: investor@riskintelligence.eu
Website and social media:
Website: investor.riskintelligence.eu
Twitter: twitter.com/riskstaff
LinkedIn: linkedin.com/company/risk-intelligence
Facebook: facebook.com/riskstaff
Risk Intelligence A/S was founded in 2001 by Hans Tino Hansen. The company has evolved to become a prominent company in security risk management by delivering threat and risk assessments worldwide. Risk Intelligence operates and assists customers and partners from headquarters located north of Copenhagen, the office in Singapore as well as through representatives in Europe, Asia and North America. The business model is designed with international scalability in mind and the company is globally regarded as an expert in its field. Risk Intelligence’s core product is the ‘Risk Intelligence System (MaRisk + PortRisk + LandRisk)’, a digital solution that allows clients to monitor global security risks and enables them to plan and implement missions in risk areas. Risk Intelligence is listed on the Spotlight Stock market [RISK].