BPM LLP, ranked among the top 35 public accounting and advisory firms in the United States, has announced a strategic alliance with Secure Systems Innovation Corporation (SSIC), the creators of X-Analytics, a leading cyber risk management application. This collaboration is set to revolutionize the way companies approach cybersecurity, providing executive boards and leadership teams with critical data-driven intelligence to make informed decisions regarding cyber risk acceptance, mitigation, and transference.
Bridging Financial Expertise and Advanced Data Analytics
The partnership synergizes BPM’s expertise in financial operations, risk management, and strategic consulting with the advanced data analytics capabilities of X-Analytics. Together, they aim to empower organizations across various industries with the tools to navigate cyber strategies, enhance operational efficiency, and drive sustainable growth.
Fred Rica, a Partner at BPM’s Risk Advisory practice, highlighted the importance of data-driven decision-making in today’s rapidly evolving business landscape. “X-Analytics leads the industry in helping executive leaders understand their company’s exposure to cyber risk and optimizing cybersecurity strategies. Our collaboration will enable clients to effectively manage business and financial exposures to cyber risks,” said Rica.
Simplifying Cybersecurity for Business Outcomes
John Frazzini, CEO of SSIC, emphasized the future of cyber risk management, “Simplifying the technical complexity of cybersecurity and delivering clear risk-reducing ROI and business value is the essence of effective cyber risk management. We look forward to converting highly technical aspects of cybersecurity into business-friendly outcomes with BPM.”
Ken Frantz, Managing Director of BPM’s Risk Advisory practice, also remarked on the shared vision between BPM and SSIC. “X-Analytics is recommended by the National Association of Corporate Directors for ensuring cyber risk governance excellence in the boardroom. We’re excited to partner in delivering more informed decision-making and better cyber protection outcomes,” said Frantz.
This strategic alliance positions BPM and SSIC as frontrunners in setting standards for cyber risk governance and utilizing data to drive business success. By integrating X-Analytics into BPM’s consulting services, clients will gain a deeper understanding of their financial exposure to cyber events and develop more effective cybersecurity strategies.
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