At its flagship global customer conference, CRX EMEA, in London, AI-powered GRC platform Optro (formerly AuditBoard) announced the launch of its Business Continuity Management (BCM) solution designed to embed operational resilience directly into enterprise governance framework. This rollout comes alongside a new Optro data report, “When business continuity fails,” which surveys over 500 risk and audit leaders across North America and EMEA. The study highlights a glaring gap between executive confidence and real-world performance, revealing that while 92 percent of leaders feel confident in meeting recovery objectives, less than half actually succeeded during a disruption, with 40 percent of those incidents costing enterprises upwards of $1 million. Optro’s new BCM module addresses this disparity by breaking down organizational silos, enabling enterprises to gain cross-functional context, build always-current recovery plans that update automatically in real time, and simulate real-world disruptions through connected tabletop exercises.
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Endorsing the launch, Kate Marechal, Director, Operational Risk and Risk Services at Shawbrook Bank, stated, “We believe Optro’s BCM solution will allow us to bridge the gap between risk management and operational response.” By housing critical processes on the same centralized platform used for risk and compliance, organizations can move past static reporting toward actionable strategy. Highlighting this transformation, Happy Wang, Chief Product and Technology Officer at Optro, added, “With our BCM solution, customers will be able to seamlessly integrate their business continuity programs with their audit, risk, and compliance data, providing the GRC intelligence needed to move beyond static reporting to proactive strategy and true operational resilience.”
