A Leading Provider of Risk Analytics and Regulatory Compliance Solutions: Greenlight Technologies

“Greenlight’s solutions for SAP provide an enterprise-wide approach to effectively identify security risks, manage regulatory change and quantify the impact of financial and operational risk.”

The best equipped businesses are evolving their cybersecurity strategies and recognize that having technology solutions in place is not enough. Taking a comprehensive top down view of cyber threats is critical to not only the success of an organization’s cybersecurity program, but it should demonstrate management’s due diligence and instill confidence in customer and investors. Greenlight Technologies is the pioneering leader in risk analytics and regulatory compliance solutions, providing an enterprise-wide approach to analyze the business impact of security events, manage regulatory change, and quantify the impact of financial and operational risk.

Greenlight’s Cyber Governance solution provides an analytics-based platform for IT executives to monitor their security program and communicate progress and vision to the Board of Directors. This solution automates the linkage between security risks, policies and standards with underlying controls, highlighting areas of exposure and enabling customers to: Identify and address gaps in meeting evolving security requirements; Translate the impact of security violations, insider risks, and data breaches in a business context; Continuously monitor the effectiveness of security controls; all while leveraging existing security solutions.

Many of today’s enterprises have multiple systems to address compliance and regulation management which create silos of information. They need to be able to aggregate, correlate, and analyze these vast silos of access and transaction data across all of their enterprise applications and systems. Global 1000 companies rely on Greenlight Technologies to efficiently enable sustainable access compliance and transaction-control monitoring across enterprise applications and business processes.

Greenlight’s Next Gen SAP Solutions 

Greenlight offers next generation SAP solutions in the following areas:

Cyber Governance – The solution provides clients with an analytics-based platform for IT executives to monitor their security program and communicate progress and vision to the board. The solution automates the linkage between security risks and underlying controls, highlighting areas of exposure. Clients are then able to: Benchmark against industry and government standards, policies, and regulations; Measure security in the context of leading risk and performance indicators; Monitor efficiency and effectiveness of security controls; Link external breaches to internal threats to understand the full picture.

Financial Impact of Risk – Greenlight’s solution quantifies a company’s financial exposure from risk and enables them to prioritize compliance efforts based upon dollar value impact of risks across users and business processes.

Regulatory Compliance – Utilizing its solutions, clients are able to confidently assess and respond to regulatory changes, align regulatory requirements with internal control activities and operations, and automate execution and testing of controls across IT systems and business applications

Clientele
Greenlight recognizes that every industry is unique when it comes to the risks that companies need to manage and regulations that they need to comply with. Its industry solutions are designed with the flexibility to meet each company’s specific needs. These industries include banking, life sciences, utilities, healthcare, insurance, oil & gas, and others. Greenlight’s large clients include companies such as Merck, British Petroleum, Citrix, Chevron, Sharp Electronics, Heineken, Aflac, Ralph Lauren, AXA Bank and countless more.

Future Insight
The company continues to focus on the need for enterprise risk analytics and regulatory compliance. While enterprises are implementing the latest cyber security solutions, they are failing to understand how ongoing threats can impact their business. Greenlight’s Cyber Governance solution makes the connection to clearly show what threats and vulnerabilities need to be addressed based upon the business risk. CISOs also have to provide reports to the Board of Directors to show the steps they’ve taken to achieve compliance with their cyber security initiatives. “Our solution provides those reports, enabling them to communicate progress and vision to the board. We continue to add new features and functionality to the solution to provide CISOs with the resources they need to protect their company and report on compliance,” says Anand Adya, Founder and CEO.

Knowing the Key Executive

Anand Adya, Founder and CEO – Anand founded Greenlight
Technologies in 2004 and has led the company from its inception into the market leading provider of cyber governance, regulatory management, and compliance solutions. He has more than 15 years of experience leading technology teams as well as having worked in the management consulting field and for the information technology advisory practice at PwC. As a serial entrepreneur, Anand has been a founding member of two successful technology start-up organizations prior to Greenlight Technologies. As CEO of Greenlight Technologies, Anand is responsible for driving the organization’s strategic agenda, technology vision and business operations. He is considered to be an industry thought leader on the topic of governance, risk and compliance management and is a frequent speaker at major conferences on this domain. Anand received his MBA from The Wharton School of the University of Pennsylvania and his undergraduate degree from Indian Institute of Management.

“Our unique ability to integrate with and correlate data across multiple business applications, coupled with powerful analytics aimed at business users, delivers enterprise visibility of risk exposure and regulatory compliance from a single platform.”