4.9/5.0 stars on G2

One connected GRC system for governance, risk and regulatory proof

Built for organisations where board accountability, regulatory exposure, and third-party oversight require structure, traceability, and control.

  • End-to-end accountability across governance, risk and controls

  • Regulator-ready evidence built for scrutiny - consistent, timestamped, and fully traceable

  • Live, board-ready visibility into risk and compliance status

(BSI) IT-Grundschutz Dashboard
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One system of record for governance, risk and compliance

Turn governance activities into structured workflows with clear ownership, approvals and traceability.

Governance & Accountability

Defensible oversight and accountability, supported by consistent, audit-ready reporting.

Risk & Compliance

Link risks, controls, and evidence to operational decisions, incidents, and reporting - not just regulatory checklists.

Third-Party & Supply-Chain Risk

Continuous oversight of suppliers, evidence and dependencies across the value chain.

Framework Mapping Across Standards

Apply the same controls and evidence across NIS2, DORA, ISO 27001 and future regulations - without rebuilding.

A continuous evidence lifecycle across governance, risk and compliance.

From governance decisions to audit-ready evidence

Evidence Created from Decisions

Evidence Linked to Risks & Controls

Reviewed, approved and timestamped

Evidence Reused Across Regulations

"With Formalize, we went live practically on day one. Within two months, we had full coverage of our compliance needs, even over the holiday season."

Fernando Sanz de Galdeano

CISO, Arcano Partners

Fernando Sanz de Galdeano

Features

Implement baseline governance, risk, and control practices aligned with regulatory expectations

Demonstrable Leadership Involvement

Structured evidence of management approval, oversight and accountability across governance, risk and compliance activities. Meet regulatory expectations for active leadership involvement with clear, verifiable records.

  • Approve key governance outputs such as policies, risk assessments and incident reports

  • Capture timestamped approvals as clear evidence of leadership oversight

  • Record and prove management accountability with structured decision logs

Connected Assets, Processes, Systems and Suppliers

Effective GRC depends on understanding how organisational dependencies drive risk, accountability and regulatory exposure.
Formalize connects assets, processes, systems and suppliers in a single model, so governance decisions are always grounded in operational reality.

  • Traceable relationships between assets, processes, systems and third parties to show where risks arise and where controls apply.

  • Clear accountability and risk ownership, from business activities through to treatment and oversight decisions.

  • Defensible third-party oversight, with suppliers and systems linked directly to the risks they introduce

Supplier Management

Centralise third-party data, assessments and evidence to manage regulatory expectations for supplier governance with clarity and structure.

  • Maintain a complete supplier repository with assessments, evidence and mappings

  • Track critical suppliers, submitted evidence, contracts and SLAs in one place

  • Monitor and document third-party risk to support continuous regulatory oversight

G2 Best Usability G2 Leader G2 Regional Leader Europe Momentum Leader Best Meets Requirements

4.9/5.0 stars on G2

Often used with

Formalize is commonly used alongside other governance, risk and compliance frameworks to create a unified structure for oversight, accountability and regulatory evidence.

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