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Optro Introduces Innovative Business Continuity Management Solution

Optro, formerly known as AuditBoard, has recently announced an exciting new addition to its portfolio: a comprehensive Business Continuity Management (BCM) solution designed to help organizations maintain crucial business processes ahead of and during interruptions. This announcement was made at the CRX EMEA, Optro's premier customer conference held in London. The focus of the new solution is not only to ensure operational continuity, such as payroll, security measures, and customer support, but also to enhance the overall resilience of businesses facing unexpected disruptions.

In conjunction with this launch, Optro released a data report titled "When Business Continuity Fails," which highlighted concerning statistics derived from a survey of over 500 executives involved in audit, risk, compliance, and BCM across North America and the EMEA. This report revealed a significant gap between the self-reported confidence of business leaders and the reality of their recovery capabilities:

• - A staggering 92% of executives expressed confidence in their ability to meet recovery objectives.
• - However, among the 76% who experienced an external disruption in the past two years, fewer than half actually achieved their defined objectives.
• - 40% of these disruptions have resulted in costs exceeding $1 million.

This BCM solution is designed to bridge the gap in operational resilience by enabling companies to:

• - Understand Cross-Functional Relationships: Users can view important business processes along with dependencies, responsibilities, vendors, and relevant risks all in one unified view within the Optro platform.
• - Create Always-Up-To-Date Plans: It allows businesses to link plans with processes, automatically populating criticality assessments, recovery time objectives (RTO), and recovery point objectives (RPO), with real-time updates as assessments change.
• - Simulate Real Disruptions: Tabletop exercises can be directly tied to the business continuity plans, incorporating all related processes and dependencies automatically to provide a comprehensive picture.

Kate Marechal, the Head of Operational Risk and Risk Services at Shawbrook Bank, remarked, "With Optro's BCM solution, we can fill the gap between risk management and operational response. By gaining a unified overview of our business processes on the same platform we use for audit, risk management, and compliance, we can better understand what is crucial for our operations, take precautions against significant disruptions, and test our plans to fix issues before they escalate."

Happy Wang, Head of Product and Technology Development at Optro, added, "Many companies trust their paper-based contingency plans, but when real disruptions occur, less than half achieve their goals. With our BCM solution, customers will seamlessly integrate their business continuity programs with their audit, risk, and compliance data, transitioning from static reporting to proactive strategies that enhance true operational resilience."

Those interested in witnessing the capabilities of Optro's new BCM solution firsthand can visit their demo booth at the CRX EMEA in London. Additionally, for more insights on how Optro's AI-powered GRC platform transforms risks into opportunities, or to download the complete report, please visit Optro.ai.

About Optro

Optro, formerly AuditBoard, is redefining GRC (Governance, Risk, and Compliance) through an agent-based action system that empowers organizations to convert risks into opportunities. Trusted by over 50% of Fortune 500 companies, Optro is committed to optimizing audit, risk, and compliance processes, preparing businesses for a new age of risk management. Recognized by G2 with top ratings, Optro also earned a spot as a Leader in the Gartner® Magic Quadrant™ 2025 for Assurance Leaders in Governance, Risk, and Compliance Tools. For further details, visit Optro.ai.