Strategic Thought has reached an agreement with Deltek, whereby the latter becomes exclusive distributor of the software firm’s Active Risk Manager (ARM) solution to the US government contracting sector.
Industry analysts are predicting significantly increased demand for risk management and governance, risk, and compliance solutions throughout 2011 driven by Federal Agency initiatives on accountability and transparency.
Lynton Barker, Strategic Thought’s executive chairman commented, “Effective risk management is an increasing focus for senior executives and continues to attract significant corporate investment.”
Kevin Parker, Deltek’s president and CEO, added, “This is a significant and exciting partnership for both Deltek and Strategic Thought. Adding ARM to our governance, risk, and compliance solutions will broaden and deepen our world-class capabilities for government contractors. We look forward to working with our government contracting customers as they leverage our GRC solutions to reduce risk throughout their complex projects and programs.”
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