August 15, 2012, Maidenhead, UK - Active Risk, the first Enterprise Risk Management (ERM) provider to drive business performance by enabling organizations to manage risk more effectively, is pleased to announce that its Active Risk Manager (ARM) solution has been shortlisted in the Risk Management Software of the Year category of the CIR Risk Management Awards 2012. Active Risk customers have also been recognized in further categories including Risk Manager of the Year.

The list of Active Risk customers shortlisted in the Risk Management Awards 2012 includes:

  • Crossrail - Risk Management Team of the Year and the Major Capital Projects Award
  • Network Rail - Risk Management Team of the Year
  • Skanska - Transformation Award

Jeremy Harrison of Network Rail and Kevin Morecroft of Skanska are finalists in the Risk Manager of the Year category.

The annual Risk Management Awards, now in their third year, recognize excellence and innovation in all facets of risk management. In 2010, the inaugural year for the awards, Active Risk won Risk Application of the Year after being nominated by customer Rio Tinto. In 2011 Active Risk customers Amlin, EADS and Eurocopter took honors.

Loren Padelford, Executive Vice President and General Manager at Active Risk commented, "We are really proud that so many of our customers have been shortlisted in this year's Risk Management Awards, not only for their implementations of risk management in major capital projects but also for their team work and individual achievement. The fact that once again ARM makes the shortlist for Risk Management Software of the Year acknowledges the investment we continue to put into our solution. The new product capabilities such as enhanced reporting and analysis mean that our customers' Project and Enterprise Risk Management implementations truly add business value and can be used as competitive differentiators when they bid for new contracts."

The winners of the Risk Management Awards 2012 will be announced at a black tie gala dinner at the Lancaster London Hotel on the 14th November. The full list of nominees is available  here.

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