Arlanto GmbH and XOLAS GmbH proudly announce their strategic partnership that will focus on the provision of risk management services to the higher education sector. It will encompass access to its EDURISK software and supplementary advisory enabling clients to establish an effective risk management architecture. Arlanto and XOLAS are ultimately envisioning a further deepening of their partnership with software-supported projects enabling universities to manage their impact within their ecosystem more effectively.
The Partner Companies
Arlanto (formerly RimaOne GmbH) is a provider of risk and compliance software with nearly 20 years of successful operations in the financial services sector. XOLAS is a strategy consultancy in the higher education sector with a focus on performance analytics and risk management.
The marketization and disruption of higher education is encouraging universities to make risk management a priority. Tuition and grant income as well as most other revenue streams are becoming ever more volatile exposing higher education institutions to the threat of financial hardship. Non-financial risks matter a great deal as well with hyper-competition forcing universities into resource-intensive contests over ranking positions, retention of star faculty, etc. Finally, change dynamics such as the digitization of learning, or the emergence of new qualification opportunities in the form of MOOCs, micro-credentials and stackable degrees are shaking up established “business models” in higher education.
The joint service of Arlanto and XOLAS provides clients with a software-supported risk management environment build around their specific needs. The service is based on the risk register methodology that allows for an organization-wide tracking, mitigating, and reporting of risks. Customized dashboards provide users with risk-related information relevant for their respective work environments. Clients can draw on the technical and management expertise of both partners in the form of advisory and training to implement a purpose-built risk management system involving all levels of the organization.