EY and avedos enter comprehensive partnership

Bundled expertise in Governance, Risk and Compliance (GRC) – EY and avedos (now GBTEC) today announced that they will work more closely together in the future as part as a formal partnership. Clients will profit from the combined knowledge of the leading global consultancy and expert for Governance, Risk and Compliance.

In recent years, the software vendor avedos has expanded its partner network significantly, one of several factors underpinning the company’s development to a leading GRC vendor in Europe. EY is a top global auditing and advisory firm with approximately 250,000 employees in over 150 countries..

Consulting and solution partner EY

As an advisory and solution partner, EY offers implementation and project services that complement the extensive consulting and system integration portfolio of avedos. Both partners have already worked together to develop an IT-based external workforce governance solution that assists companies in preventing cases of pseudo self-employment. The vast know-how of the consultants at EY combined with the state-of-the-art IT architecture of the avedos platform risk2value (now BIC GRC Solutions) lays the foundation for a future-proof solution.

“EY and avedos have worked together successfully for many years,” commented Hannes Wambach, Co-CEO at avedos, “so the next logical step was to make this symbiotic partnership official. The past has shown that our clients benefit greatly from a lasting cooperation characterized by respect, trust and cross-company transparency.”

Value-based management system

“We have already addressed the topic of GRC extensively at a joint event series,” added Christa Hasenrath, Senior Manager at EY Austria. “Now we want to work with avedos to apply our knowledge in practice. Our first goal is to establish a value-based management system, and risk2value from avedos provides the ideal foundation.”

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