Kroll's acquisition of Resolver marks a significant step in the risk management industry. By integrating Resolver's cloud-based risk intelligence software with Kroll's expert-led insights, the combined entity aims to offer a comprehensive platform for managing risk, compliance, and security operations. This strategic move is poised to enhance Kroll's capabilities and set a new standard in the industry.
Founded in 2000, Resolver specializes in risk intelligence and enterprise resilience solutions. Its core products include Enterprise Risk Management, Regulatory Compliance, Incident Management, and Social Media Moderation. Resolver's unique selling points are its comprehensive Risk Intelligence Platform, end-to-end solutions covering audit to brand protection, and industry-specific offerings. The platform enhances crisis preparedness, protects revenue, and boosts brand reputation, making it a trusted choice for diverse sectors like healthcare and financial institutions.
Kroll is a leading provider of financial and risk advisory solutions, offering services such as valuation, cyber and data resilience, compliance and regulation, corporate finance and restructuring, investigations and disputes, and digital technology solutions. The company is recognized for its expertise in mitigating security, legal, and regulatory risks. With a significant influence in the industry, Kroll is frequently featured in major news outlets and participates in high-profile client engagements and industry events.
Kroll acquired Resolver on March 30, 2022. This acquisition comes at a time when the risk management industry is experiencing heightened complexity and unpredictability. By integrating Resolver's advanced Risk Intelligence software, Kroll aims to address the evolving demands in risk and governance. This strategic move aligns with broader industry trends where companies are increasingly seeking comprehensive, integrated solutions to manage enterprise-wide risks effectively.
The acquisition of Resolver by Kroll has led to significant changes in operations and management. Resolver's Chief Executive, Will Anderson, has joined Kroll’s digital services leadership team, ensuring a seamless integration of both companies' expertise. Additionally, Kam Rawal has been promoted to President of Resolver, succeeding Anderson. This leadership transition aims to maintain continuity while leveraging Kroll's extensive resources to accelerate growth and innovation. The integration of Resolver's cloud-based Risk Intelligence software into Kroll's suite of technologies is expected to enhance the company's ability to address complex demands in risk management.
In terms of product offerings and services, the acquisition has enabled Kroll to expand its risk management and security technologies. Resolver’s software will be integrated with Kroll’s expert-led insights to create a comprehensive end-to-end platform for risk management, audit, compliance, incidents, investigations, security operations, and information security. This synergy is designed to help clients better identify, anticipate, and manage critical risks. Employee reactions have been positive, with leadership expressing enthusiasm about the shared vision and cultural alignment. While specific customer reactions are not detailed, the enhanced capabilities are expected to improve customer satisfaction by providing more robust and scalable risk management solutions.
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