Overview
RiskAware is a leading provider of risk management solutions headquartered in Cincinnati, Ohio. Specializing in personnel risk management services, the company offers a comprehensive suite of tools designed to enhance hiring decisions and improve responsiveness to potential threats and risks. Its services include fast, accurate, and compliant processes focused on reducing organizational exposure to risky behaviors.
Key Offerings and Features
- Background Checks: Provides thorough background screening services, overseen by licensed private investigators to ensure compliance and accuracy.
- Social Media Screening: Incorporates sophisticated technology to evaluate potential risks associated with candidates' social media profiles.
- Red Flag Incident Reporting System: An innovative platform that enables real-time tracking and management of risks and threats.
- Drug and International Screening: Offers extensive screening options, including international checks to cover both domestic and global needs.
Company Statistics
- Customer Retention Rate: An impressive 95% indicating strong customer satisfaction and loyalty.
- Dispute Resolution: Less than 0.005% in total disputes showcases a commitment to high-quality service.
- Growth and Compliance: Averaging a 20% growth rate annually, with all research conducted by FCRA Certified researchers and reviewed by licensed investigators.
- Industry Innovation: Pioneered the first anonymous risk reporting system known as Red Flag.
Leadership and Foundation
RiskAware was founded by Dr. Stephanie Hughes, who has dedicated over 26 years to risk mitigation. Transitioning from a government intelligence background, Dr. Hughes emphasized the importance of comprehensive background checks to mitigate risks. Her academic accolades include a Ph.D. in International Business and Strategic Management from Temple University. She is actively involved in educational initiatives and publishing in the area of risk mitigation and threat management.
Strategic Partnerships
RiskAware has developed strategic partnerships to enhance its service offerings. These collaborations involve:
- Technology Partners: To deliver reliable and advanced services across the globe.
- Data Retrieval Networks: Supporting a global reach while providing tailored, focused reporting.
Recent Developments
- Partnered with notable entities such as Smiths Detection to advance technology solutions, particularly the development of a next-generation CBRN solution named UrbanAware.
- Maintains a robust international presence with locations in Toronto, Vancouver, and Halifax, as well as in Orlando and San Diego in the United States.
Corporate Social Responsibility
RiskAware commits to social responsibility through its "One Percent Pledge," dedicating 1% of equity, profit, product, and employee time to charitable causes, positively impacting communities and enhancing its reputation.
For more details, please visit [RiskAware's website](https://riskaware.com/).
Competitor Profiling
RiskAware faces significant competition in the industry of people risk management services. Competitors include:
Intelligent AI
- Offerings: Provides a risk underwriting management platform aimed at reducing claims with a focus on real-time risk insights using AI-driven technologies.
- Location: Headquartered in Exeter, United Kingdom.
- Industry Focus: Commercial property sector.
Govini
- Offerings: Known for transformation of defense acquisition processes through its AI-enabled platform, Ark. It focuses on national security, supporting supply chain management and modernization efforts.
- Industry Focus: Defense sector.
Forecast5 Analytics
- Offerings: Specializes in decision support software, offering analytics and data visualization platforms primarily targeted at public sector agencies, such as city and county governments, and educational institutions.
Zenysis Technologies
- Offerings: Collaborates with governments and development funders to enhance health outcomes through advanced analytics. Its platform, Harmony, provides comprehensive data integration and visualization for impactful decision-making.
Additional competitors include Redvespa Consultants, Prolity, qSEAp, and Delaware, highlighting varied focuses from AI-driven risk management to public sector analytics.
Strategic Insights
Understanding RiskAware's competitive landscape is critical as it comprises companies offering analytics, AI solutions, and defense software. RiskAware’s emphasis on compliance and comprehensive risk mitigation positions it strongly against competitors lacking this specific focus. Exploring additional capabilities in data analysis and integration similar to Zenysis or Govini might further enhance RiskAware's offerings and competitive advantage.
