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News

Strategic Thought opens new offices in the USA.

Active Risk : 18 March, 2008  (Company News)
Strategic Thought, the author and vendor of market-leading risk management software Active Risk Manager is opening new offices in the US cities of Dallas, Texas and Los Angeles, California.
Headquartered in Washington DC, USA, since 2004 Strategic Thought is responding to increased demand for Active Risk Manager across the USA.

From its beginnings in the world of aerospace and defence Strategic Thought has seen growth in new markets such as construction, energy, infrastructure, transportation and engineering driven by initiatives in enterprise Risk Management putting Risk Management at the centre of an organization's decision making and performance strategy.

The new offices will accommodate Strategic Thought's growing team of sales, technical support, finance and operational staff involved in the support of major US organizations including Lockheed Martin, Northrop Grumman, NASA and Raytheon.

Chuck Hixson, President of Strategic Thought commented, "These are exciting times for Strategic Thought. While regulatory and compliance mandates such as Sarbanes-Oxley and Basel II are driving the requirement for Risk Management software; more and more organisations also have a desire to incorporate risk within the enterprise to improve business performance. By extending our reach across the USA we are able to support customers with local training, meeting areas and sales and technical support. We have also hired experienced US nationals in all our offices and continue to recruit to support this expansion."

Strategic Thought was recently included in an independent evaluation of the GRC market in The Forrester Wave: Enterprise Governance, Risk and Compliance Platform Q4 2007. In its latest evaluation of 15 leading Enterprise GRC platform vendors, Forrest identified "Active Risk Manager as a leader for risk" and a "Strong performer in the overall Governance, Risk and Compliance software market."
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