The collaboration aligns ethics and compliance technology with global risk and compliance advisory services.
Convercent, a leading ethics and compliance solution provider, announced today that it has selected StoneTurn to serve as its advisory services partner. The relationship is designed to deliver heightened value to organizations by combining cutting-edge technology with advisory expertise to solve some of today’s toughest corporate ethics and compliance challenges.
Convercent’s Ethics Cloud Platform gives organizations the ability to effectively engage employees; identify, characterize and mitigate E&C risk; and protect corporate reputation. StoneTurn helps clients navigate their most critical business risks and challenges, assisting companies, their counsel and government agencies on regulatory, risk and compliance issues, investigations, monitorships and business disputes worldwide.
“Helping our customers drive ethical conduct across their organizations is the cornerstone Convercent was founded upon,” said Patrick Quinlan, Chief Executive Officer at Convercent. “Partnering with a firm of StoneTurn’s caliber and breadth of advisory expertise enables us to further that mission and increase the value we can deliver to our customers,” said Quinlan.
Convercent selected StoneTurn as its advisory services partner based on the firm’s long-standing reputation with companies, their counsel and regulators, as well as for the depth and breadth of its holistic advisory services capabilities. StoneTurn works across the compliance lifecycle, including: pre-incident: developing, evaluating and enhancing ethics and compliance programs, conducting risk assessments, and implementing third-party diligence programs; crisis: conducting internal investigations, assisting with government inquiries and identifying current and future vulnerabilities; and post-incident: remediating fraud and misconduct, serving as a government-appointed or self-appointed monitor, establishing controls to prevent recurrence of wrongdoing and serving as experts in resulting litigation.
“Partnering with Convercent is an exciting development for StoneTurn and our clients, particularly as compliance continues to be a top priority for companies across the globe,” said Stephen Martin, Partner with StoneTurn. “We look forward to partnering with Convercent to bring best-in-class compliance technology and advisory services, including data analytics, to help our clients maximize their ability to better assess and reduce risk and instill a culture of integrity throughout their organizations with effective and practical ethics and compliance programs.”