Jump to content

Galvanize (software company): Difference between revisions

Add links
From Wikipedia, the free encyclopedia
Browse history interactively
← Previous editNext edit →
Content deleted Content added
VisualWikitext
No edit summary
ACL has rebranded to Galvanize.
Tags: possible conflict of interest references removed Visual edit
Line 1: Line 1:
{{advert|date=October 2018}}
{{advert|date=October 2018}}{{Infobox company
⚫
| name = Galvanize (formerly ACL Services Ltd.)
{{Infobox company
| logo =
⚫
| name = ACL Services Ltd.
| logo = ACL_Software_and_Consulting_logo.jpg
| type = [[Private company|Private]]
| type = [[Private company|Private]]
| industry = [[Computer software]]<br />[[Governance, risk management, and compliance]]
| industry = [[Computer software]]<br />[[Governance, risk management, and compliance]]
Line 11: Line 10:
| revenue =
| revenue =
| net_income =
| net_income =
| num_employees = 300
| num_employees = 400
| footnotes =
| footnotes =
| location_country = Canada
| location_country = Canada
| homepage = [http://www.ACL.com/ www.acl.com]
| homepage = {{URL|www.wegalvanize.com}}
}}
}}


'''ACL''' Services Ltd. is a privately owned software company headquartered in [[Vancouver|Vancouver, British Columbia]], [[Canada]]. ACL provides an enterprise [[Software as a service|SaaS]] platform that converges [[Governance, risk management, and compliance|governance, risk management, and compliance (GRC)]], [[Corporate performance management|corporate performance management (CPM)]], and data automation.
'''Galvanize''' ([https://biv.com/article/2019/05/vancouver-tech-mainstay-acl-rebrands-galvanize formerly known as ACL Services Ltd.]) is a privately-owned software as a service [[Software as a service|(SaaS)]] company founded and headquartered in [[Vancouver|Vancouver, British Columbia]], [[Canada]]. The Company builds security, risk management, compliance and audit software for the [[Governance, risk management, and compliance|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, Australia, and more.
Their flagship analytics products have been referred to as one of "the most widely used" data extraction tools.<ref>{{cite web |url=http://www.theiia.org/intAuditor/free-feature/2009/august/software-trend-spotting |title=Software Trend Spotting |first=Neil |last=Baker |date=August 2009 |publisher=Internal Auditor |accessdate=11 December 2012}}</ref>


<br />
⚫
In 2018, ACL was named one of Canada's Top 100 Employers by Mediacorp Canada Inc.<ref>{{Cite web|url=https://content.eluta.ca/top-employer-acl-services|title=Top Employer: ACL Services Ltd.|website=content.eluta.ca|access-date=2017-11-22}}</ref>

== Key moments ==
<br />

* '''1972:''' Hartmut J. Will (Hart Will) created the first interactive audit software known as Audit Command Language (ACL).
* '''1987:''' ACL Services Ltd. was launched as a commercial business.
* '''September 2012:''' [https://www.newswire.ca/news-releases/laurie-schultz-named-ceo-of-acl-510691451.html Laurie Schultz was named CEO].
* '''December 2017:''' the Company gets a [https://techvibes.com/2017/12/19/acl-secures-50-million-investment-from-norwest $50M minority investment from Norwest].
⚫
* '''November 2018:''' the Company was named one of [[Canada's Top 100 Employers]] by Mediacorp Canada Inc.<ref>{{Cite web|url=https://content.eluta.ca/top-employer-acl-services|title=Top Employer: ACL Services Ltd.|website=content.eluta.ca|access-date=2017-11-22}}</ref>
* '''February 2019:''' the Company, then known as [https://www.complianceweek.com/acl-acquires-rsam/24840.article ACL, acquired Rsam].
* '''March 2019:''' the Company is named one of [https://www.globenewswire.com/news-release/2019/03/07/1749568/0/en/ACL-Named-One-of-Canada-s-Best-Managed-Companies.html Canada's Best Managed Companies].
* '''May 2019:''' [https://finance.yahoo.com/news/introducing-galvanize-acl-rsam-rebrand-090000317.html the Company rebranded] from ACL to [https://www.wegalvanize.com/ Galvanize]. <br />


== History ==
== History ==


While working in the Faculty of Commerce's Division of Accounting at the [[University of British Columbia]] in 1972, Hartmut J. Will developed the first interactive audit software, "Audit Command Language" (ACL) for data bank and model bank audits.<ref>{{Cite web|url=https://www.acl.com/pdfs/IIA_UAE_Hart_Will_Article.pdf|title=The man who made 'auditing through the computer' possible - Meet the inventor of ACL|last=|first=|date=|website=|access-date=}}</ref>
While working in the Faculty of Commerce's Division of Accounting at the [[University of British Columbia]] in 1972, Hartmut J. Will developed the first interactive audit software, "Audit Command Language" (ACL) for data bank and model bank audits.<ref>{{Cite web|url=https://www.acl.com/pdfs/IIA_UAE_Hart_Will_Article.pdf|title=The man who made 'auditing through the computer' possible - Meet the inventor of ACL|last=|first=|date=|website=|access-date=}}</ref>


Line 36: Line 49:
==Products & Services==
==Products & Services==


=== ACL GRC ===
=== HighBond platform ===
The HighBond platform is designed to unite security, risk management, compliance, and audit professionals around the answers that come from an organization's data. The platform helps these professionals:
ACL<sup><small>TM</small></sup> GRC is described on ACL's website as "software designed to solve the time suck of managing GRC activities."<ref>{{Cite news|url=https://www.acl.com/products/acl-grc/|title=ACL GRC Integrated Risk Management Software|work=ACL|access-date=2018-03-15|language=en-US}}</ref> ACL GRC is a cloud-based, data-driven audit, risk, and compliance management platform that does not rely on third-party vendors and is hosted on Amazon's infrastructure.<ref>{{Cite web|url=http://www.fraudjournals.com/acl-transitions-to-cloud/|title=ACL transitions to cloud for broader global reach {{!}} GRC & Fraud Software Journal|website=www.fraudjournals.com|language=en-US|access-date=2017-03-02}}</ref> Features include: Strategic risk view & single source of truth, offline & remote work, project management to kill silos & spreadsheets, risk assurance & frameworks, 360° oversight: triggered workflow remediation for flagged records, Investigations & forensic workflow, Issue management & tracking, and Reporting & visualization.

=== ACL Analytics ===
ACL<sup><small>TM</small></sup> Analytics is a PC client-based data extraction and analysis software tool used for [[fraud detection]] & [[fraud prevention|prevention]], and [[risk management]]. By sampling large data sets, ACL data analysis software is used to find irregularities or patterns in transactions that could indicate control weaknesses or fraud. ACL Analytics connects users to any data source, and lets them run sophisticated risk analytics and detect anomalies or patterns that can't be uncovered with random sampling, spreadsheets, or business intelligence.


* manage threats
=== ACL GRC Analytics Exchange ===
* asses risk
ACL<sup><small>TM</small></sup> GRC Analytics Exchange is a client/server-based platform that includes the capabilities of ACL Analytics plus: a centralized platform for collaborative team-based work, automated data extraction and blending with IT-trusted connections, and continuous monitoring.<ref>{{Cite news|url=https://www.acl.com/products/acl-analytics/|title=ACL Analytics|work=ACL|access-date=2018-03-15|language=en-US}}</ref>
* measure controls
* monitoring compliance
* expanding assurance coverage.


HighBond automates manual tasks, blends organization-wide data, and provides easy-to-use dashboards and reports.  
=== ACL GRC Content & Intelligence ===
ACL GRC Content & Intelligence allows users to embed ready-to-use regulatory updates, frameworks, standards, metrics & best practices into their daily compliance management workflow.<ref>{{Cite web|url=https://gallery.acl.com/|title=ACL Content & Intelligence Gallery|website=gallery.acl.com|language=en|access-date=2018-03-15}}</ref> Categories of content includes: Banking & Lending, Government & Higher Education, Financial Control Monitoring, IT Governance, Subscription Value.


It's a cloud-based platform that doesn't rely on third-party vendors and is hosted on Amazon's infrastructure.<ref>{{Cite web|url=http://www.fraudjournals.com/acl-transitions-to-cloud/|title=ACL transitions to cloud for broader global reach {{!}} GRC & Fraud Software Journal|website=www.fraudjournals.com|language=en-US|access-date=2017-03-02}}</ref> Security is a major focus by Galvanize, and in [https://www.newswire.ca/news-releases/acl-reaches-milestone-with-fedramp-in-process-moderate-designation-697682211.html October 2018, they achieved] "[[FedRAMP]] In Process" status.
=== Add-Ons ===
<br />
* ACL<sup><small>TM</small></sup> Direct Link for [[SAP SE|SAP]]<sup>®</sup> Applications:<ref>{{Cite news|url=https://www.acl.com/products/direct-link-sap/|title=ACL Direct Link for SAP|work=ACL|access-date=2018-03-15|language=en-US}}</ref> An SAP-Certified data extraction add-on for ACL<sup><small>TM</small></sup> Analytics and ACL GRC<sup><small>TM</small></sup> Analytics Exchange. Includes SAP-Certified integration with SAP S/4HANA, SAP ERP, SAP CRM, SAP SRM, SAP SCM and SAP EWM.
* ACL<sup><small>TM</small></sup> Add-In for Excel:<ref>{{Cite news|url=https://www.acl.com/products/acl-excel-add-in/|title=ACL Add-in for Excel|work=ACL|access-date=2018-03-15|language=en-US}}</ref> A free tool for governance professionals that bridges the gap between standard Excel functions and what governance professionals need to do their jobs. Eliminates the risks associated with doing governance work in Excel.
* Training & Customer Enablement:<ref>{{Cite news|url=https://www.acl.com/products/training-and-enablement/|title=ACL Training & Enablement|work=ACL|access-date=2018-03-15|language=en-US}}</ref> Customer success services, training & certification, and support center.


== Leadership ==
== Leadership ==
* Laurie Schultz, President & CEO (2011-)
* Laurie Schultz, President & CEO (2011-)
* Dan Zitting, Chief Customer Experience Officer (2018-); Previously Chief Product Officer (2015-2018); Previously VP, Product Management & Design (2011-2015)
* Dan Zitting, Chief Customer Experience Officer (2018-); Previously Chief Product Officer (2015-2018); Previously VP, Product Management & Design (2011-2015)
* Sean Zuberbier, Chief Revenue Officer (2017-2019); Previously Vice President, Global Sales & Customer Success (2012-2017)
* Keith Cerny, Chief Technology Officer (2016-); Previously VP, R&D (2012-2016)
* Keith Cerny, Chief Technology Officer (2016-); Previously VP, R&D (2012-2016)
* Kathy Enros, Vice President, Talent (2014-)
* Kathy Enros, Vice President, Talent (2014-)
Line 75: Line 84:


==External links==
==External links==
* [http://www.acl.com/ Official Website]
*[http://www.wegalvanize.com/ Official Website]


{{DEFAULTSORT:Acl (Software)}}
{{DEFAULTSORT:Acl (Software)}}

Revision as of 23:54, 14 May 2019

Galvanize (formerly ACL Services Ltd.)
Company typePrivate
IndustryComputer software
Governance, risk management, and compliance
Founded1987
Headquarters
Vancouver, British Columbia
,
Canada
Key people
ProductsACL GRC; ACL Analytics; ACL Analytics Exchange; ACL GRC Content & Intelligence; ACL Direct Link for SAP Applications; ACL Add-in for Excel; Training & Customer Enablement
Number of employees
400
Websitewww.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. 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, Australia, and more.


Key moments


History

While working in the Faculty of Commerce's Division of Accounting at the University of British Columbia in 1972, Hartmut J. 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 to the world's leading audit analytics software 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]

Products & Services

HighBond platform

The HighBond platform is designed to unite security, risk management, compliance, and audit professionals around the answers that come from an organization's data. The platform helps these professionals:

  • manage threats
  • asses risk
  • measure controls
  • monitoring compliance
  • expanding assurance coverage.

HighBond automates manual tasks, blends organization-wide data, and provides easy-to-use dashboards and reports.  

It's a cloud-based platform that doesn't rely on third-party vendors and is hosted on Amazon's infrastructure.[9] Security is a major focus by Galvanize, and in October 2018, they achieved "FedRAMP In Process" status.

Leadership

  • Laurie Schultz, President & CEO (2011-)
  • Dan Zitting, Chief Customer Experience Officer (2018-); Previously Chief Product Officer (2015-2018); Previously VP, Product Management & Design (2011-2015)
  • Keith Cerny, Chief Technology Officer (2016-); Previously VP, R&D (2012-2016)
  • Kathy Enros, Vice President, Talent (2014-)
  • John Lauinger, General Counsel (2001-)

References

  1. ^ "Top Employer: ACL Services Ltd". content.eluta.ca. Retrieved 2017-11-22.
  2. ^ "The man who made 'auditing through the computer' possible - Meet the inventor of ACL" (PDF).
  3. ^ "Laurie Schultz Named CEO of ACL". Accounting Today. Retrieved 2017-11-23.
  4. ^ "Leadership". ACL. 2015-07-23. Retrieved 2017-11-23.
  5. ^ Fineberg, Seth (12 December 2011). "ACL Services Acquires Workpapers.com". Accounting Today. Retrieved 7 February 2013.
  6. ^ Bennett, Nelson (4 December 2012). "Laurie Schultz: Class struggle". Business in Vancouver. Retrieved 7 February 2013.
  7. ^ "ACL Invests in GRC Software Usability with Acquisition of Design Firm Artletic". ACL. 2015-05-28. Retrieved 2017-03-02.
  8. ^ ACL. "ACL Accelerates Category Consolidation Vision with $50 Million Strategic Investment from Norwest". www.prnewswire.com. Retrieved 2018-03-15.
  9. ^ "ACL transitions to cloud for broader global reach | GRC & Fraud Software Journal". www.fraudjournals.com. Retrieved 2017-03-02.
Retrieved from "https://en.wikipedia.org/w/index.php?title=Galvanize_(software_company)&oldid=897129690"