The business says it has committed to investing over £5 million in the development of its ‘digital ecosystem’, developed by a team of health and safety experts, and which aims to make risk and compliance management more efficient for users.
Vantify says the launch comes’ against a backdrop of rising deaths at work’, with the most recent Health and Safety Executive figures showing a 12% rise in 2023/24, with 138 workers killed in work-related accidents. The launch has also taken place less than a year after Vantify Risk Manager (previously known as Meridian) reported that health and safety workloads ‘had never been more demanding’, with Facilities managers ‘facing excessive pressures’, following a study of 20,000 risk assessments.
Designed to support businesses with their statutory obligations to manage health and safety risk and compliance, supply chain risk, and certification, Vantify’s ecosystem
brings together ‘industry-leading’ brands, William Martin, Elogs, and Prosure360, to offer ‘seven distinct services in risk and compliance management’, including safety consultancy, risk management software, supply chain management, computer-aided facilities management, vetted contractor networks, e-learning tools, and guidance on new legislation and industry standards.
Vantify is launching its compliance software ecosystem with the associated support of an in-house, UK-based, health and safety advice team ‘available 24/7’.
CEO, Beatriz Shorrock (pictured), said: “The risk and compliance sector may not seem like the obvious place to be disruptive, but we think our industry needs a shake-up. We are taking the lead to build a platform that provides complete oversight of facilities, risk management, and supply chain systems, so people are safer, facilities are better, and organisations can operate more efficiently.”
Phil Jones, the company’s Chief Operations Officer, added: “It’s shocking that we are still seeing a rise in accidents at work in some industries, but that makes it clear that there is a need for better and more integrated systems to manage health and safety, and we truly believe technology is a major factor in making that happen.
“Rather than simply improving existing software, we are taking the big picture view to build an ever-evolving ecosystem of services that can support businesses to operate at the highest standards possible, and be fully compliant with their statutory obligations.”
Vantify is the first major launch from GRC group, following the £430m ‘carve-out’ and sale of Marlowe plc’s governance, risk, and compliance business to private equity house, Inflexion.