Top 10 Canada Risk Management Services Companies - 2022

In an evolving compliance landscape, Canadian organizations are implementing groundbreaking technologies to augment their risk management capabilities to achieve operational resilience. They are leveraging advanced analytics and data mining techniques to adopt risk-informed data-driven approaches to gain an enterprise-wide view of key risk exposures.

In light of these forward-looking industry initiatives, the global risk management service market is forecasted to be worth $28.87 billion by 2027. The latest market analysis reports the market size will witness a growth momentum at a CAGR of 18.7 percent during the forecast period. The key factors driving the growth of the risk management market include the surge in data security breaches in enterprises and the increase in stringent government regulatory compliances across the globe. In addition, the global rise in the adoption of risk management solutions in fintech industries, along with the growth of risk intelligence gathered from AI, ML, and IoT platforms, is positively impacting the growth of the market.

On that note, this edition of CIOReview brings the spotlight on the key advancements in the Canadian risk management space and how Canadian organizations are adopting their risk management strategies to stay ahead of an evolving compliance landscape. The edition features thought leadership articles from Paul M. Bellack, VP of Global IT and Digital Transformation at Magna International and Eric Martin, VP of Information Technology and Digitalization at Groupe Deschenes. They shed light on designing and implementing a multi-year transformation of IT capabilities while accelerating digital transformation initiatives. They also share their insight on the significance of leadership, sponsorship, people, change management, and governance to succeed in digital transformation.

This edition also features Third Party Risk Institute, a promising risk management service provider making companies more resilient to operational and third-party risk, compliance, and vendor management through expert membership and certification programs.

We hope this edition will help you find the appropriate Canada risk management service provider that will assist you with the best resources to adopt efficient risk management practices.

Let us know your thoughts!

    Top Canada Risk Management Services Companies

  • 1

    Formerly a division of Ontala Risk Solutions Inc., Third Party Risk Institute Ltd. offers eWorkshops, certification programs, Membership with peer networking and a Resource Library for individuals interested in or working in operational and third party risk, compliance, and vendor management roles.

  • 2

    Accio Analytics offers a model-based analytics system with interactive Storyboards for performance returns, performance attribution, asset under management, risk, and security analytics. With a flexible architecture and integrated business intelligence tools for customizable reporting, Accio Analytics is a highly adaptable platform.

  • 3

    SolvedAF Consulting Inc is a boutique consulting firm providing IT consulting and growth advisory services using a holistic approach to align organizations' IT strategy and growth roadmap with overall goals.

  • 4

    Atyeti

    Atyeti

    Atyeti is a leading business and technology professional services consulting firm. Atyeti helps companies solve business problems and build for the future with a focus on enabling Digital Transformation. Atyeti’s capabilities drive Business value based on a foundation of Automation, Integrated Tooling, Application Modernization, and Data

  • 5

    Iridium

    Iridium

    Iridium Risk Services is a company that provides consultation for risk management for energy and industrial companies in Canada. The company helps their clients overcome challenges in supply chain, technology, contractual obligations, and regulatory compliance through its suite of risk management services

  • 6

    NCC Group

    NCC Group

    NCC Group is a global cyber and software resilience business operating across multiple sectors, geographies and technologies. The company advises global technology, manufacturers, financial institutions, critical national infrastructure providers, retailers and governments on the best way to keep businesses, software and personal data safe

  • 7

    PwC

    PwC

    PwC is among the leading professional services networks in the world with offices in 156 countries and more than 295,000 people. The firm helps organisations and individuals create the value they are looking for by delivering quality in assurance, tax, and advisory services

  • 8

    Simeio

    Simeio

    Simeio is an innovative industry leader. The firm offers professional services, Identity and Access Management (IAM) managed services, and Identity as a Service (IDaaS). Its full range of services is powered by an industry-first IAM Virtualization Platform delivered via Simeio's Identity SOC. Simeio's Identity SOC is the first and only solution of its kind designed specifically to operate, monitor, and defend complex multi-vendor IAM infrastructures and deliver actionable business intelligence

  • 9

    TechDemocracy

    TechDemocracy

    TechDemocracy is a trusted cybersecurity solutions provider with a core focus on Identity Security and Cyber Risk & Governance. As a global company, it provides a full suite of IT solutions - ranging from advisory consulting services to security software implementation to managed service solutions

  • 10

    Zurich Canada

    Zurich Canada

    Zurich Canada is a leading insurance provider serving mid-sized and large companies, including multinational corporations. The company's focus is to develop solutions for large Canadian corporations, Canadian-based multinationals, international companies with operations in Canada, groups, and associations in niche markets, and Canadian businesses in manufacturing, real estate, technology, public sector, energy, construction, and many other sectors