Archer Announces Acquisition of Atlas to Expand Policy Management Capabilities
Summary
Atlas had previously been part of the numo llc, a fintech incubator and subsidiary of The PNC Financial Services Group, Inc. The use of multiple platforms for managing policies and other critical documents can cause inefficiencies and inaccuracies for organizations trying to keep content in sync, work across multiple teams, and be able to respond quickly and effectively to audits. Collaboration platforms, word processing software and email don’t provide effective and comprehensive solutions for controlled editing and tracking document versions, driving approval workflow, seeing the real-time status of the review process, or capturing detailed, auditable change records. Archer’s acquisition of Atlas brings together capabilities that can help address these challenges with strong solutions for mapping individual policy requirements to controls in an enterprise-wide manner.” Archer Document Governance delivers to customers a number of enhanced use cases, including Enterprise Policies, Operating Procedures, and Audit Workpapers, all of which can help accelerate review and approval workflows, maintain a single source of truth for critical documents, and even improve the speed and accuracy of responding to audit requests. “This is an exciting next step for Atlas and its talented team, who’ve built an impressive platform that will have a significant impact as part of the Archer ecosystem,” said David Passavant, CEO of numo. Archer is a leading provider of integrated risk management solutions that enable customers to improve strategic decision-making and operational resilience with a modern technology platform that supports qualitative and quantitative analysis driven by both business and IT impacts.