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| Type | Private |
|---|---|
| Industry | Computer software Governance, risk management, and compliance |
| Predecessor | ACL Services Ltd. |
| Founded | 1987; 34 years ago |
| Headquarters | , Canada |
| |
| Products | HighBond, ACL Robotics, RiskBond, FraudBond, AuditBond, ControlsBond, ComplianceBond, Rsam ITGRCBond, Rsam ThirdPartyBond, Rsam ContinuityBond, Rsam PolicyBond, Rsam IncidentBond, Rsam CyberBond |
| 500+ | |
| Website | www.wegalvanize.com |
Galvanize (formerly known as ACL Services Ltd.) is a privately owned software as a service (SaaS) company founded and headquartered in Vancouver, British Columbia, Canada.[1] The Company builds security, risk management, compliance and audit software for the governance, risk management, and compliance (GRC) market.
Galvanize has offices in Vancouver (HQ), Singapore, London, Tokyo, and Secaucus, New Jersey. They also have a number of representatives and partners around the world, including throughout Africa, France, Malaysia, the Philippines, Indonesia, Hong Kong, China and Australia.
History[edit]
While working in the Faculty of Commerce's Division of Accounting at the University of British Columbia in 1972, Hartmut J. Will (Hart Will) developed the first interactive audit software, 'Audit Command Language' (ACL) for data bank and model bank audits.[2]
In 1987, Will and his son, Harald Will, launched the commercial business ACL Services Ltd. Harald Will grew the company as Founder & CEO until inviting Laurie Schultz to assume the role of President and CEO of ACL in 2011.[3][4]
In 2012, ACL expanded into the electronic work papers market with the acquisition of Workpapers.com, led by Dan Zitting.[5] The acquisition signaled the shift by the company towards a cloud-based, SaaS business model.[6]
ACL acquired digital design firm Artletic LLC in 2015.[7]
ACL took its first outside funding in the form of a $50 million strategic minority investment led by the growth equity team at Norwest in December 2017.[8]
In November 2018, the Company was named one of Canada's Top 100 Employers by Mediacorp Canada Inc.[9]
ACL acquired Rsam in February 2019.[10]
In March 2019, the Company was named one of Canada's Best Managed Companies.[11]
Kodi app not installed message. In May 2019, the Company rebranded from ACL to Galvanize.[12]
In March 2020, Galvanize was once again named one of Canada's Best Managed Companies for the second consecutive year.[13] Galvanize was also named a Leader in The Forrester Wave: Governance, Risk, and Compliance Software for Q1 2020.[14]
Acl Software Tool Repair
Products & Services[edit]
HighBond platform[edit]
Acl Software Tool
The HighBond platform is designed for security, risk management, compliance, and audit professionals. Using an organization's data, these professionals use the platform to:
- manage threats
- assess risk
- measure controls
- monitor compliance
- expand assurance coverage.
HighBond is a cloud-based platform that doesn't rely on third-party vendors and is hosted on Amazon's infrastructure.[15] In October 2018, Galvanize achieved 'FedRAMP In Process' status.
Leadership[edit]
- Laurie Schultz, President & CEO (2011-)
- Dan Zitting, Chief Product & Strategy Officer (2019-) ; Previously Chief Customer Experience Officer (2018-2019); Previously Chief Product Officer (2015-2018); Previously VP, Product Management & Design (2011-2015)
- Keith Cerny, Chief People Officer (2019-); Previously Chief Technology Officer (2016-2019)
- John Lauinger, General Counsel (2001-)
Awards & Accolades[edit]
In November 2018, the Company was named one of Canada's Top 100 Employers by Mediacorp Canada Inc.[9]
In March 2019, the Company was named one of Canada's Best Managed Companies.[11]
See also[edit]
External links[edit]
- '2009 IT Audit Benchmarking Study'. The Institute of Internal Auditors. March 2009. Archived from the original on 2012-07-12. Retrieved 11 December 2012.
- McCafferty, Dennis (14 January 2010). 'U.S. Military Looks to Better Control Costs with Business Analytics, Better BI'. Smarter Technology. Archived from the original on 2012-07-12. Retrieved 11 December 2012.
- Krell, Eric (16 November 2009). 'Your Internal Audit's Vital Signs'. Business Finance Magazine. Retrieved 11 December 2012.
- McCann, David (10 November 2009). 'Doing the Internal Audit-Management Dance'. CFO.com. Retrieved 11 December 2012.
- Kelly, Susan (2 November 2009). 'Monitoring the Monitors'. Treasury & Risk. Retrieved 11 December 2012.
- McCann, David (18 September 2009). 'Internal Audit: The Continuous Conundrum'. CFO. Retrieved 11 December 2012.
- Baker, Neil (August 2009). 'Software Trend Spotting'. Internal Auditor. Archived from the original on 9 May 2012. Retrieved 11 December 2012.
- McCann, David; Stuart, Alix (15 July 2009). 'The 24/7 Audit'. CFO Magazine. Retrieved 11 December 2012.
- Krell, Eric (14 July 2009). 'Monitoring Matters'. Business Finance Magazine. Retrieved 11 December 2012.
References[edit]
- ^Orton, Tyler (13 May 2019). 'Vancouver tech mainstay ACL rebrands as Galvanize'. Business in Vancouver. Retrieved 7 August 2019.
- ^'The man who made 'auditing through the computer' possible - Meet the inventor of ACL'(PDF).
- ^'Laurie Schultz Named CEO of ACL'. Accounting Today. Retrieved 2017-11-23.
- ^'Leadership'. ACL. 2015-07-23. Retrieved 2017-11-23.
- ^Fineberg, Seth (12 December 2011). 'ACL Services Acquires Workpapers.com'. Accounting Today. Retrieved 7 February 2013.
- ^Bennett, Nelson (4 December 2012). 'Laurie Schultz: Class struggle'. Business in Vancouver. Archived from the original on 10 December 2013. Retrieved 7 February 2013.
- ^'ACL Invests in GRC Software Usability with Acquisition of Design Firm Artletic'. ACL. 2015-05-28. Retrieved 2017-03-02.
- ^ACL. 'ACL Accelerates Category Consolidation Vision with $50 Million Strategic Investment from Norwest'. www.prnewswire.com. Retrieved 2018-03-15.
- ^ ab'Top Employer: ACL Services Ltd'. content.eluta.ca. Retrieved 2017-11-22.
- ^'ACL acquires Rsam'. Compliance Week. 4 February 2019. Retrieved 7 August 2019.
- ^ ab'ACL Named One of Canada's Best Managed Companies' (Press release). 7 March 2019. Retrieved 7 August 2019.
- ^'Introducing Galvanize: ACL and Rsam Rebrand to Create GRC Category-Defining Company' (Press release). 13 May 2019. Retrieved 7 August 2019.
- ^'Galvanize Named One of Canada's Best Managed Companies for Second Consecutive Year'. Olean Times Herald. Retrieved 2020-03-05.
- ^Releases, Business Wire News (2020-03-10). 'Galvanize Named a Leader in Governance, Risk, and Compliance Software by Independent Research Firm | Financial Post'. Retrieved 2020-03-12.
- ^'ACL transitions to cloud for broader global reach | GRC & Fraud Software Journal'. www.fraudjournals.com. Retrieved 2017-03-02.
External links[edit]
- Official website
Hello Guys!. Good to have you here . I want to tell you some things about a popular audit analytic tool today. It is called Audit command Language(ACL). It has been here for more than a decade and is still adding values to a lot of organisations. The initial purpose of ACL was for Audit, but over the years it has developed into Data analysis and visualization tool. AuditArena teaches ACL here.
With ACL recent acquisition of Rsam , ACL Analytics is now called ACL Robotics , a cloud based software hosted on Amazon. ACL has also rebranded, they are now called Galvanise. All their software are now on Highbond, an end-to-end platform, designed by industry experts, to create stronger security, risk management, compliance, and assurance. ACL continues to be one of the most highly rated CAATs (Computer Assisted Audit Tool) because of its valuable contribution in Data mining, Data analysis and visualization,Predictive analytics, fraud investigation , internal and external audit, operational analysis, Revenue Assurance e.t.c. Some of the recent great developments in ACL is its integration with Machine Learning Languages such as Python and R, thereby making it possible to predict or forecast trends. ACL is currently available in three editions ;
- Professional Edition :Designed for small teams or individuals that need full analytic capabilities but aren’t quite ready for full automation.
- Team Edition:For small and large teams who need to maintain all their data on premise, including reporting and remediation activities, but want to automate
processes. - Enterprise edition:For large and complex organizations requiring full Robotics functionality for monitoring programs, better testing, and collaboration tools, and full dashboarding and workflow capabilities.
Many people have been hearing about ACL for a long time but do not understand the benefits and how it can add value to organisations.The underlisted steps highlights how the Software can be made useful to your organisations.
PREPARE AND ANALYSE:
With Audit command Language, you can connect to different Data Sources such as Oracle Database, SQL Server etc, clean and prepare your data, then analyze risk and uncover insights to make better data-driven business decisions.
MONITOR:
Create a robot KPI, KRI, or KCI to monitor and provide round-the-clock oversight.
When a threshold is exceeded, or an anomaly detected, the robot will inform decision makers to take action.
REPORT:
Dashboards and visualizations show you what’s really going on. Ensure you always have the right data
at the right time to inform strategic decisions.
AUTOMATE:
Robots are your friend, not your replacement. A robot puts flagged records in front of you for review
and remediation—your knowledge is still critical to make key decisions on thresholds or anomalies.
ACT:
Create review, remediation, and reporting workflows to action red flags.Initiate workflows for any data source, from digital records to your C-suite storyboard.
LEARN:
It has been designed such that anyone can perform advanced and predictive analytics. And also included full integration with R and Python so you can identify and action future trends now.
Having Skills in ACL makes you stay relevant in this mordern world. Technological landscape is ever changing and the best way to be in tune is continuously develop one’s career. At AuditArena, we are in the business to help you achieve your dreams. We provide you with quality online technology auditing courses at cheaper prices. For more information navigate here. Hope to see you making make valuable contributions to the IS Auditing world!.