Providus moves corporate HQ

Source: Providus Software Solutions

Providus Software Solutions, Inc., a leading provider of operational risk management (ORM) solutions, today announced that the company has relocated its corporate headquarters within Nashua to accommodate its on-going growth and plans for expansion.

Strengthened by the company's leadership position in delivering operational risk management and regulatory compliance software solutions for the financial services industry, Providus this year has added major new customers; advanced its RiskResolve ORM solution with two new product releases; strengthened its management team with key executive additions; and increased revenues.

Effective today, Providus will be located at 10 Tara Blvd., Suite 501, Nashua, NH 03062.

"Providus is growing because we recognize and solve the operational risk management and compliance challenges facing the financial services sector today," said Andrew T. Evans, President and CEO of Providus. "These needs can no longer be met by most homegrown systems that are difficult to maintain or by siloed, departmental solutions that are impractical to deploy enterprise-wide. In fact, we're seeing that customers recognize the benefits of a single, integrated solution for managing operational risks and regulatory compliance including Sarbanes-Oxley. That's why we've tripled the number of customers serviced so far this year and anticipate strong growth for the remainder of this year and beyond. And, as Providus grows, the southern New Hampshire region and close proximity to Boston make this office location very attractive to the large, highly-skilled talent pool of high technology software professionals nearby."

In addition to meeting the company's needs for expanded office space due to current and future hiring requirements, the new facility features a custom-built Design lab and expanded Quality Assurance lab. Both new labs greatly enhance Providus' ability to conduct advanced R&D and testing for its RiskResolve ORM solution, as well as support various high value customer services including customization and training.

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