Growing appetite for risk and compliance solutions fuels SAI Global’s investment in Singapore

SAI Global is one of the world’s leading assurance, compliance and learning businesses and is owned by Hong Kong-based Baring Asia Private Equity Fund VI (Baring Asia). 

The opening of SAI Global’s Singapore office coincides with what has been identified as a renewed commitment from government and regulatory bodies and signals an increased focus on ensuring companies improve cybersecurity management, governance, risk and compliance (GRC) programmes and operational excellence.

SAI Global’s suite of market-leading risk management solutions ideally positions the company to support this focus; particularly given the addition of five-star IT Risk Manager (formerly Modulo International) which significantly bolsters the cybersecurity capability they offer. 

Tasked with driving the company’s Asian market expansion, Steve Thurley is looking forward to the opportunity the new Singapore office provides.  Steve has spent the last 24 years working across the Asian Pacific region for a number of GRC and environment, health and safety vendor companies. 

“I’m excited to join SAI Global at this stage of the company’s journey.  During my time in the industry, expansion into Asia has been a growing focus for many international businesses.  With expansion comes increased risk and, to be successful companies must manage this risk intelligently.  I believe SAI Global’s suite of risk management products are far superior to others in the market, empowering companies to take an intelligent approach, mitigating any downside and optimising the upside of risk for growth” said Steve Thurley, SAI Global’s Head of Risk Sales for Asia.

Mr Thurley predicts that demand from the region will be highest for SAI Global’s GRC software Compliance 360 and IT risk software IT Risk Manager.

“Increased pressure to improve corporate behaviour from both customers and regulators coupled with the rising value of intangible assets is causing enterprise risk to skyrocket. The flow on effect of this is an increased amount of interest in GRC solutions.  SAI Global’s suite of market-leading risk and compliance software will help service Singapore’s growing demand for GRC solutions” said Mr Thurley.

“Prime Minister Lee’s launch of the Singapore Cybersecurity Strategy last year signals the country’s strong commitment to improving cybersecurity for all which bodes well for uptake of SAI Global’s IT Risk Manager software which is recognised as one of the best available products on the market.”