Control Risks, the leading global specialist risk consultancy, announced a 10 per cent stake in Geospark Analytics, a market leader in developing applied artificial intelligence solutions for risk and threat monitoring, laying the foundation for a revolutionary strategic partnership.
The move represents a shift in thinking that the human-to-machine interface is more tightly connected than ever before. This partnership accelerates the integration of the two companies’ industry-leading technology and methodology to bring the power of human and AI collaborative intelligence to the next generation of global risk and threat analysis professionals.
With the tsunami of real-time data streaming in, developing a new standard for global risk and threat assessments is essential for organisations looking to convert risk into opportunity. The answer can only be found in a single platform integrating methods, data, tradecraft, and techniques — providing an unrivalled combination of predictive analytics, powered by artificial intelligence, machine learning all filtered by expert human analysts.
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“Together, we instinctively understand the power of human verification of emerging indicators, warnings, and stability forecasts that are amplified and enhanced by expert risk consultants with context and advice. Simply put, by investing in Geospark Analytics, we are ready to revolutionise risk monitoring and forecasting and safeguard our clients’ future,” said Control Risks CEO Nick Allan.
“Since inception we have always strived to simplify the chaos of precisely oriented data with an exquisite user experience, aligning with Control Risks’ global experts provides consensus proof for customers who seek rapid and operationally accurate data,” said Geospark Analytics’ Founder and Executive Chairman Omar Balkissoon. “It’s quite an exciting time to see this all come together, man and machine.”
The two firms are committed to an aggressive product roadmap, and a unique collaboration with their industry partners in the form of a Client Advisory Panel will demonstrate their obsessive focus on purpose-built innovation.
