Sword GRC acquires Magique Galileo in move designed to deliver “industry-leading” GRC solutions

Sword GRC, the supplier of specialist risk management software and services, has acquired Magique Galileo. The move will enable Sword GRC to offer an expanded and “industry-leading” range of Governance, Risk and Compliance (GRC) software and services.  

Nick Scully, CEO of Sword GRC, explained to Risk Xtra: “This acquisition is about enabling us to extend our GRC solution offer, move into new markets, provide greater value for our customers and, indeed, create more opportunities for our employees.”

The new Sword GRC offer will combine solutions from Sword Active Risk, Sword Achiever and Magique Galileo. As well as cross-selling opportunities to both existing and new customers for all brands within the Sword GRC Group, the acquisition of Magique Galileo, with its strength in sectors such as financial services and its market-leading Audit solution, provides presence and paves the way for expansion into new markets.

Nick Scully

Nick Scully

Employees of the combined Sword GRC Group will benefit from being part of a company with a more competitive and stable financial foundation and enjoy opportunities to learn about new products and gain market knowledge. The expected cross-fertilisation of new ideas and ways of working, together with the sharing of development resources across the three brands, will accelerate product enhancement, in turn delivering value across the wider customer base.

Scully continued: “We’re all very excited about the opportunities that the acquisition of Magique Galileo brings to the wider Sword GRC Group going forward. The many new opportunities that will be opening up for staff across the three brands is already fuelling an excitement and momentum of its own. As we look forward to 2019 and beyond, we’ve completed a major re-engineering of our core products to leverage the latest mobile and collaborative technology. We’ve also developed new products including Sword Policy Manager. This acquisition moves us significantly towards our corporate goal of providing the market-leading GRC solutions for all vertical sectors.”

About the Author
Brian Sims BA (Hons) Hon FSyI, Editor, Risk UK (Pro-Activ Publications) Beginning his career in professional journalism at The Builder Group in March 1992, Brian was appointed Editor of Security Management Today in November 2000 having spent eight years in engineering journalism across two titles: Building Services Journal and Light & Lighting. In 2005, Brian received the BSIA Chairman’s Award for Promoting The Security Industry and, a year later, the Skills for Security Special Award for an Outstanding Contribution to the Security Business Sector. In 2008, Brian was The Security Institute’s nomination for the Association of Security Consultants’ highly prestigious Imbert Prize and, in 2013, was a nominated finalist for the Institute's George van Schalkwyk Award. An Honorary Fellow of The Security Institute, Brian serves as a Judge for the BSIA’s Security Personnel of the Year Awards and the Securitas Good Customer Award. Between 2008 and 2014, Brian pioneered the use of digital media across the security sector, including webinars and Audio Shows. Brian’s actively involved in 50-plus security groups on LinkedIn and hosts the popular Risk UK Twitter site. Brian is a frequent speaker on the conference circuit. He has organised and chaired conference programmes for both IFSEC International and ASIS International and has been published in the national media. Brian was appointed Editor of Risk UK at Pro-Activ Publications in July 2014 and as Editor of The Paper (Pro-Activ Publications' dedicated business newspaper for security professionals) in September 2015. Brian was appointed Editor of Risk Xtra at Pro-Activ Publications in May 2018.

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