10 fastest growing compliance companies 2016
Leading technology that provides a holistic view of integrated risk management: Riskonnect, Inc.
‘The only provider of true Integrated Risk Management solutions.’
Riskonnect, Inc. is the only provider of true Integrated Risk Management solutions. As an innovator in risk management technology, Riskonnect offers a growing suite of technology solutions on a world-class cloud computing model, helping clients elevate their programs for management of all risks across the enterprise. Riskonnect provides, the highly configurable technology needed to understand, manage and control risks, positively affecting shareholder value.
Founded in July 2007, Riskonnect is headquartered in Atlanta, Georgia with offices in Chicago, London and Mangalore, India.
In conversation with the Key Executives
Why was the company set up? How did you select the vertical and decide to be a part of the global platform?
Riskonnect was formed on two main pillars: to provide a broad view of risk across the enterprise and on the concept of building on another company’s platform to leverage its scale and investment.
In 2007, when Salesforce introduced their concept of Platform-as-a-Service (PaaS) to Morrell, he saw this as major opportunity to deliver a genuinely innovative product to the risk management industry and provide the technology to accomplish that broader view of risk.
What kind of mixed responses have you received from your consumers over the years? How have they motivated you to shape your offerings/grow the company?
There weren’t negative responses from consumers but we did have to adjust our focus onto more operational/insurable risks when the financial melt-down occurred and companies became inwardly focused and reacted to that crisis. We had to be flexible as we were starting out. That didn’t change the fundamental mission of the company. However, because of that, we have a full suite of products that touch and integrate risks across the entire enterprise. True Integrated Risk Management.
What were the grounds on which you have expanded your company and its offerings over the years?
We have always offered a full suite of integrated risk management solutions, including claims management, insurance, audit, compliance, governance, enterprise risk management— all things risk-related. We offer such a broad definition of risk, which has helped us in international expansion, with a presence in Europe and Asia.
What do you feel are the reasons behind your consistent growth as an organization?
Our growth is due to consistently acquiring and retaining customers that share in our view of risk management, and our ability to hire and retain the best talent.
How do you and your company contribute to the global IT platform and society at large?
In risk management, we are dealing with mission critical things for some of the largest companies in the world. Risk management is all about preventing bad things from happening. Organizations can be blind to their risks. In fact, many are structured to hide bad news from the individuals who most need to be aware of it. But with a platform like Riskonnect that helps visualize and manage those risks, we are helping businesses all over the world perform better.
Where do you see your company a couple of years from now?
As the leader in integrated risk management, we believe we can make a profound change in how organizations manage risk. When they do this, there will be a fundamental change as to how business is done because when business leaders make decisions, it will be based on having a broader view of risk and a better understanding of consequences.
“Risk management with Riskonnect has greater visibility because we have much more data at our fingertips. With the press of a button we get executive summary snapshots, which our senior management needs. We are creating efficiencies within our entire organization.” – Project Manager, Risk Management | Global Distribution Company.
“Riskonnect brings the most powerful and secure technology to the risk management industry and a new way of doing business.”
Meet the Key Executives
Bob Morrell, CEO/Co-Founder: Bob Morrell, a leading authority on risk management technology solutions, Co-founded Riskonnect in 2007 to develop comprehensive applications addressing integrated risk management across the enterprise. Morrell started programming professionally as a 15-year-old student who took the school bus to a job where he was the first employee without a college degree. His early taste for technology, along with a lifelong penchant for programming, led Morrell to co-found his first risk management software firm while a sophomore at Georgia Tech.
Under Morrell’s leadership, Riskonnect has received coveted industry accolades such as Risk & Insurance magazine’s Risk Innovators Award and the Salesforce.com Appy Award for the Force.com Breakthrough App of the Year.
Antonio Dabraio, Vice President, Research/Co-Founder: Antonio Dabraio co-founded Riskonnect in 2007. In this role, Dabraio is responsible for all of Riskonnect’s technology, technical operations and security, including research efforts, software development, quality, and platform and applications security. He has extensive and diverse expertise in enterprise-class software development and project management.
Prior to Riskonnect, Dabraio served as software development manager at Risk Laboratories, where he managed high-level projects and supervised a team of developers. Dabraio received a BS in Computer Science from Southern Polytechnic State University.
Roger Dunkin, Vice President, Applications and Platform/Co-Founder: Roger Dunkin is a worldwide leader in risk management technology solutions, with more than 20 years of experience serving global organizations and providing solutions that directly and positively affect the bottom line. In his role, Dunkin is responsible for creating and launching innovative, scalable solutions to address challenges in the management of risk facing key global industries.
Prior to joining Riskonnect, Dunkin served as Chief Operating Officer of Shelter Island Risk Services, a risk technology consultant firm, previously a division of Arthur J. Gallagher and Co. He earned his undergraduate degree in Computer Sciences from Berry College.