Tool Overview:
RISMA

About RISMA

RISMA is a unified Governance, Risk and Compliance (GRC) platform developed by Risma Systems AB, a Swedish company founded in 2015. The platform integrates various compliance management functions including information security, data privacy, risk management, and internal controls into a centralized system. The platform aims to help organizations manage complex regulatory requirements and security standards through a single interface rather than using multiple separate solutions.

What do Risma Systems do?

The platform provides tools for managing multiple aspects of compliance and security. For GDPR compliance, it enables organizations to track data processing activities, maintain records of processing, and document compliance measures. The Information Security Management System (ISMS) component helps organizations work toward ISO 27001 certification by mapping information assets, conducting gap analyses, and maintaining security controls. The platform includes functionality for risk assessments, allowing users to identify threats and vulnerabilities while documenting mitigation measures.

A key component of the platform is its control management system, which helps organizations systematize and automate various types of controls across departments. The system sends automated notifications for control activities and creates audit trails to track who performed what actions and when. This extends to supplier management, where organizations can monitor third-party compliance and maintain oversight of outsourced services.

The platform incorporates expert content through partnerships with legal and consulting firms. For example, the GDPR module was developed in collaboration with Plesner Advokatpartnerselskab, incorporating their legal expertise into the platform's workflows and guidance. This provides users with access to regularly updated compliance requirements and best practices relevant to their jurisdiction.

What makes it different?

The platform's unified approach sets it apart from single-purpose compliance tools. Rather than managing different aspects of compliance in separate systems, Risma Systems connects data, teams, and reporting in one environment. This integration extends to compliance with multiple frameworks - for instance, organizations can manage ISO 27001 and GDPR requirements simultaneously without duplicating efforts.

Risma Systems emphasizes collaboration features that enable different departments to work together on compliance activities. The platform allows organizations to delegate specific tasks to relevant employees while maintaining central oversight. This distributed approach to compliance management helps organizations involve subject matter experts across departments while keeping activities coordinated.

The platform includes a GRC Intelligence Center that provides data insights and metrics on compliance activities. Organizations can track compliance scores and progression over time, measuring efforts against custom-defined KPIs. This allows organizations to identify non-compliance issues and track the effectiveness of their governance programs through quantitative measures.

Use cases and industries

The platform serves organizations across multiple sectors including manufacturing, retail, healthcare, and financial services. Manufacturing companies use it to manage production-related compliance requirements and supply chain controls. Healthcare organizations utilize the platform to maintain patient data privacy and regulatory compliance. Financial services firms employ it for managing outsourcing arrangements and financial controls.

The platform supports compliance with various regulations and standards including GDPR, NIS2, ISO 27001, and industry-specific requirements. Organizations can use it to prepare for audits by maintaining comprehensive documentation of their compliance activities. The system helps streamline evidence collection and reporting for both internal reviews and external audits.

For larger enterprises, the platform helps coordinate compliance activities across multiple departments and locations through its centralized management capabilities. The system supports role-based access control to ensure sensitive information remains restricted to authorized personnel while enabling necessary collaboration on compliance tasks.