February Recap – A Busy & Exciting Month For ViClarity

Copy of Credit Union Monthly Reporting Service

ViClarity have announced a lot of exciting news over the past few weeks. February has been a month full of progressive developments, with so much happening we thought we’d have a quick recap.

ViClarity Win Insurance Industry Award

At the beginning of the month, we received some excellent news as ViClarity were named “Operational Risk Solution of the Year” by InsuranceERM.

ViClarity was judged to help facilitate operational risk accountability and was noted as being an end-to-end operational risk solution allowing organizations to automate their risk registers, risk control self-assessments, KRI tracking and operational risk events on the system. The awards ceremony celebrates the leading service providers in the European market and takes place on March 12th at the Tower of London.

ViClarity Merge With PolicyWorks LLC

Next up, ViClarity’s most exciting news to date, the company have merged with a US regulatory consultancy & services company, called PolicyWorks. Through this strategic merger, ViClarity will strengthen its position as a leading global provider of GRC solutions. The combining of companies will see ViClarity more than double in size providing an opportunity to grow the business globally.

The ViClarity and PolicyWorks team during PolicyWorks visit to Tralee, Ireland

PolicyWorks serves nearly 1200 organizations across the US offering compliance and audit consultancy services and brings resources, vision, and expertise in helping clients resolve their most challenging compliance issues. 

ViClarity will continue to be headquartered in Tralee Co.Kerry and will have a new office in Des Moines Iowa where PolicyWorks is located. The organization will continue to be led by Ogie Sheehy as CEO, European Business and Global CIO.

In the weeks after the merger, ViClarity CEO Ogie Sheehy and Senior Project Manager Tracy Fitzgerald were in Washington for the CUNA GAC conference, the largest Credit Union conference in the US. PolicyWorks and ViClarity were delighted to meet numerous Credit Unions at the event.

Ogie and Tracy pictured before the CUNA GAC 2020 conference kicked off in Washington D.C.

Central Bank Of Ireland Governor Makhlouf Visits ViClarity Offices

ViClarity were delighted to welcome the Governor of the Central Bank, Gabriel Makhlouf to our office in Tralee, Co. Kerry. The Governor met with local business people and students as part of the Central Bank’s outreach programme. Governor Makhlouf spoke with Ogie and the rest of the team about the business and about ViClarity’s work with Central Bank of Ireland regulated entities.

Governor Makhlouf and Ogie Sheehy on February 14th

ViClarity Feature In Irish Times Special Report on Fund Management

Finally, ViClarity featured in two special reports on Fund Management in Ireland in the Irish Times at the beginning of the month.

The first report details how ViClarity has “capitalized on Ireland’s strong regulatory landscape, achieving global success with its suite of Regtech systems.” The report outlines the background of the company and talks about ViClarity’s ability to adapt quickly as regulation changes. ViClarity’s CEO, Ogie Sheehy discusses how Regtech is likely to grow in Ireland, with Brexit having large effects on this development.

The second report featured in the Irish Times “Promoting Regional Growth” explored the Fund Industry in Ireland, and looked at ViClarity’s role in this area. ViClarity’s Business Development Manager Neil O’Sullivan spoke about the benefits of being a Tralee based company, with access to new graduates, and having easy access to Dublin, where the company works closely with fund management businesses.

Get In Touch Today

If you’d like any more information on the above stories or if you are interested in seeing how the ViClarity system works, please contact neil.osullivan@viclairty.com.