2 min

Belgian investor Fortino Capital supports CERRIX in its ambition to help companies with Governance, Risk, and Compliance (GRC) software.

CERRIX’s platform offers capabilities for Business Process Management, Risk and Compliance Management, and auditing. With risk management tooling, CERRIX can contribute to organizations’ efforts to approach regulations such as the NIS2 and DORA and applicable regulations. It also helps with environmental, social, and governance (ESG) requirements so that societal desires can be met.

CERRIX has been working on this since 2014 from its headquarters in The Hague under the leadership of founder Paul Bruggeman on a broad platform. With its approach, it managed to attract the attention of banks, insurers, pension funds and accountants in particular. They have to deal with obligations around correctly applying and complying with the mentioned laws and requirements. The CERRIX platform helps the organization and primary processes to function according to the rules and requirements.

Well-known companies that rely on CERRIX are de Goudse, BDO and the pension funds of Heineken, ABN-AMRO and Ahold-Delhaize. Meanwhile, the platform supports 14,000 users across more than 20 countries.

Expand

CERRIX has experienced 40 percent annual growth and still sees plenty of opportunities for further growth. That is why Fortino Capital is now stepping in without communicating the amount of the investment. What is clear, however, is that the ambition is to expand into multiple sectors and have a further presence in other countries.

“We are entering the next phase of our company’s development” Bruggeman responds. “Our team has been able to build state-of-the-art software that enables the various GRC stakeholders within an organization to collaborate efficiently and quickly understand risk profiles. To meet the high market demand, we need to strengthen CERRIX. We are convinced that with Fortino we have found a partner who shares our vision and ambitions and can bring a lot of knowledge and experience through its portfolio of SaaS companies.”

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