Fusion for Energy (F4E) selects Sword Active Risk Manager for managing risks and opportunities across its operations

Maidenhead, Berks – 20th October 2020.  Sword GRC, a supplier of specialist risk, compliance and governance solutions has been selected by Fusion for Energy (F4E) to supply Sword Active Risk Manager (ARM) for managing risks and opportunities across its operations, including all major engineering and constructions projects. In addition to several hundred ARM users, F4E will also utilise several ARM options including: integration to Oracle Primavera P6 and ARM’s Scheduling Risk Analysis (SRA) functionality, ARM’s flexible end-user reporting capability, and an Application Programming Interface (API) for integration with other F4E systems. Implementation has already begun, and ARM is expected to be ‘live’ in the coming months.

 

F4E is the European Union organisation managing Europe’s contribution to ITER— the biggest scientific experiment on the path to fusion energy. This partnership of seven parties (China, Europe, Japan, India, the Republic of Korea, the Russian Federation and the USA), represents half of the world’s population and 80% of the global GDP. Europe is responsible for nearly half of the project, while the other six parties contribute equally to the rest.

Sword GRC provides an award-winning software platform for Governance, Risk and Compliance, made up of best-of-breed solutions that address the requirements of all enterprise market sectors on a global basis. The Sword GRC product set covers Risk, Audit, Compliance, Policy Management and Incident Management.

 

Keith Ricketts, VP Marketing, Sword GRC commented: “In Active Risk Manager, Fusion For Energy has selected an Enterprise Risk Management solution which is already proven across the world’s leading energy businesses, including EDF Energy Nuclear New Build, Bruce Power, Nuclear Decommissioning Authority (NDA)/Sellafield Ltd; RWE Renewables; Vattenfall; Orsted; Vestas; OMV; Aker Solutions; Ameren; TenneT, Saudi Aramco and ERG.

 

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