Press Release

Quod Orbis becomes part of Dedagroup to fuel global growth

Tue 25 Jun 2024

London-based cyber security Continuous Controls Monitoring (CCM) firm, Quod Orbis, has announced it has been acquired by digital transformation and innovation company, Dedagroup, aiming to drive the next phase of its global growth strategy.

Dedagroup is a private independent group, based in northern Italy, with offices in Europe and the US and a 2023 revenue of £288 million ($366 million).

As a user of Quod Orbis, the company said Dedagroup recognised the value of its CCM platform and subsequently acquired the business to integrate it into its global Risk and Compliance strategy.

“Throughout our acquisition strategy, we have always sought excellence, carefully assessing each company, the services they offer and their ability to integrate with the offerings of others within the Group, as a means to anticipating our clients’ greatest needs,” said Marco Podini, Executive Chairman at Dedagroup.

Podini emphasised their strategy of continuous evolution, aimed at maximising technology benefits for clients and driving profound innovation in public and private sectors over the long term.

“This element is fundamental to bringing profound innovation to public and private businesses in the long term. It’s continuous dedication to observation, research, and integration,” added Podini.

Recent investments in Italy are now extending internationally. The acquisition of Quod Orbis reflects this approach, integrating its Continuous Control Monitoring solution into the Group’s offerings to meet the rising demand for risk and governance tools driven by technological advancements and regulatory changes.

Quod Orbis will retain its independence within the Group, using the community of companies to establish a global presence that supports the company’s growth ambitions. CEO of Quod Orbis, Martin Greenfield, said Dedagroup is a trusted partner to companies across the world.

“Like us, they have seen the growing demand across a wide range of industries for CCM solutions to reduce risk and accelerate operational resilience,” added Greenfield.

Quod Orbis’ Platform

Quod Orbis’s CCM platform provides visibility into a company’s cybersecurity, compliance, and risk posture. It automates and improves the effectiveness of controls and supports the audit of vast IT environments.

Quod Orbis said users receive efficient and timely compliance management and reduced costs, enabling better governance, lower risk and accelerated operational resilience.

Dedagroup’s acquisition of Quod Orbis enhances its GRC capabilities by integrating with Deda Cloud, the Group’s Managed Cloud & Security Services Provider, and Hub Finance & Data, focusing on Banking & Finance, Data, and artificial intelligence (AI).

This move reinforces Dedagroup’s commitment to strengthening its presence in Governance, Risk, and Compliance. This strategy began with Berma in 2022, specialising in AML and risk mitigation, and continued with Opentech in 2023, enhancing integrated GRC solutions.

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