ACL (software)
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Galvanize (formerly known as ACL Services Ltd.) is a privately owned software as a service (SaaS) company founded and headquartered in
Vancouver Vancouver ( ) is a major city in western Canada, located in the Lower Mainland region of British Columbia. As the List of cities in British Columbia, most populous city in the province, the 2021 Canadian census recorded 662,248 people in the ...
,
British Columbia British Columbia (commonly abbreviated as BC) is the westernmost province of Canada, situated between the Pacific Ocean and the Rocky Mountains. It has a diverse geography, with rugged landscapes that include rocky coastlines, sandy beaches, ...
,
Canada Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by tot ...
. The Company builds security, risk management, compliance and audit software for the governance, risk management, and compliance (GRC) market. Galvanize has offices in Vancouver (HQ), Singapore, London, Tokyo, and Secaucus, New Jersey. They also have a number of representatives and partners around the world, including throughout
Africa Africa is the world's second-largest and second-most populous continent, after Asia in both cases. At about 30.3 million km2 (11.7 million square miles) including adjacent islands, it covers 6% of Earth's total surface area ...
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France France (), officially the French Republic ( ), is a country primarily located in Western Europe. It also comprises of Overseas France, overseas regions and territories in the Americas and the Atlantic Ocean, Atlantic, Pacific Ocean, Pac ...
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Malaysia Malaysia ( ; ) is a country in Southeast Asia. The federation, federal constitutional monarchy consists of States and federal territories of Malaysia, thirteen states and three federal territories, separated by the South China Sea into two r ...
, the
Philippines The Philippines (; fil, Pilipinas, links=no), officially the Republic of the Philippines ( fil, Republika ng Pilipinas, links=no), * bik, Republika kan Filipinas * ceb, Republika sa Pilipinas * cbk, República de Filipinas * hil, Republ ...
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Indonesia Indonesia, officially the Republic of Indonesia, is a country in Southeast Asia and Oceania between the Indian and Pacific oceans. It consists of over 17,000 islands, including Sumatra, Java, Sulawesi, and parts of Borneo and New Guine ...
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Hong Kong Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China ( abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delt ...
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China China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and ...
and
Australia Australia, officially the Commonwealth of Australia, is a Sovereign state, sovereign country comprising the mainland of the Australia (continent), Australian continent, the island of Tasmania, and numerous List of islands of Australia, sma ...
.


History

While working in the Faculty of Commerce's Division of Accounting at the
University of British Columbia The University of British Columbia (UBC) is a public university, public research university with campuses near Vancouver and in Kelowna, British Columbia. Established in 1908, it is British Columbia's oldest university. The university ranks a ...
in 1972, Hartmut J. Will (Hart Will) developed the first interactive audit software, "Audit Command Language" (ACL) for data bank and model bank audits. In 1987, Will and his son, Harald Will, launched the commercial business ACL Services Ltd. Harald Will grew the company as founder & CEO until inviting Laurie Schultz to assume the role of President and CEO of ACL in 2011. In 2012, ACL expanded into the electronic work papers market with the acquisition of Workpapers.com, led by Dan Zitting. The acquisition signaled the shift by the company towards a cloud-based,
SaaS Software as a service (SaaS ) is a software licensing and delivery model in which software is licensed on a subscription basis and is centrally hosted. SaaS is also known as "on-demand software" and Web-based/Web-hosted software. SaaS is cons ...
business model. ACL acquired digital design firm Artletic LLC in 2015. ACL took its first outside funding in the form of a $50 million strategic minority investment led by the growth equity team at Norwest in December 2017. In November 2018, the company was named one of "Canada's Top 100 Employers" by Mediacorp Canada Inc. ACL acquired Rsam in February 2019. In March 2019, the company was named one of "Canada's Best Managed Companies." In May 2019, the company rebranded from ACL to Galvanize. In March 2020, Galvanize was once again named one of "Canada's Best Managed Companies" for the second consecutive year. Galvanize was also named a Leader in The Forrester Wave: Governance, Risk, and Compliance Software for Q1 2020. In February 2021, Galvanize announced that they have been sold to Diligent Corp.


Products and services


HighBond platform

The HighBond platform is designed for security, risk management, compliance, and audit professionals. Using an organization's data, these professionals use the platform to: * manage threats * assess risk * measure controls * monitor compliance * expand assurance coverage. HighBond is a cloud-based platform that doesn't rely on third-party vendors and is hosted on Amazon's infrastructure.


Leadership

* Laurie Schultz, President & CEO (2011-) * Dan Zitting, Chief Product & Strategy Officer (2019-) ; Previously Chief Customer Experience Officer (2018-2019); Previously Chief Product Officer (2015-2018); Previously VP, Product Management & Design (2011-2015) * Keith Cerny, Chief People Officer (2019-); Previously Chief Technology Officer (2016-2019) * John Lauinger, General Counsel (2001-)


Awards and accolades

In November 2018, the Company was named one of
Canada's Top 100 Employers Canada's Top 100 Employers is an annual editorial competition that recognizes the best places in Canada to work. First held in 1999, the project aims to single out the employers that lead their industries in offering exceptional working conditions ...
by Mediacorp Canada Inc. In March 2019, the Company was named one of Canada's Best Managed Companies.


See also

*
Sarbanes–Oxley Act The Sarbanes–Oxley Act of 2002 is a United States federal law that mandates certain practices in financial record keeping and reporting for corporations. The act, (), also known as the "Public Company Accounting Reform and Investor Protecti ...
*
Financial audit A financial audit is conducted to provide an opinion whether "financial statements" (the information is verified to the extent of reasonable assurance granted) are stated in accordance with specified criteria. Normally, the criteria are internat ...


References


External links

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ACL wins best application of technology at BCTIA's annual Technology Impact Awards (TechVibes)
{{DEFAULTSORT:Galvanize Companies based in Vancouver Information technology audit Computer-aided audit tools Accounting software Data analysis software Software companies of Canada