About BarnOwl GRC
BarnOwl is a revolutionary integrated risk, assurance and compliance tool in use with around 60 commercial and a similar number of public sector organisations worldwide.
BarnOwl was designed from inception to incorporate leading risk and audit management thinking whilst retaining sufficient flexibility to permit organisations to adopt their own ways of working.
BarnOwl embeds risk and audit management best practice by ensuring:
- risk owners regularly review and consider all their risks and associated controls
- audit management has full visibility of all business risks and controls
For more information on BarnOwl GRC or to arrange a demonstration, please call us on
0115 8221736 or use the contact form below
Download BarnOwl GRC functionality overview presentation by clicking here. Caution
- large file
Go to BarnOwl web site by clicking here
Download BarnOwl GRC Continuous Controls Monitoring functionality overview presentation by clicking here
- audit team members have full visibility of assigned audit projects, risks and controls
BarnOwl GRC is a rich client / server based modular design, with the core BarnOwl Risk Management module supporting Compliance and Audit modules. An OLAP based BarnOwl Business Intelligence module is also available for clients wishing to perform particularly complex data analysis.
BarnOwl rich client / server architecture combines the benefits of a smart local client with low network bandwidth requirements typically associated with web based applications.
BarnOwl also encourages the widespread adoption of risk management practice across
client organizations through web-
Quick links
Development of BarnOwl started in 2001 as a joint venture project between Deloitte SA and IDI. In 2005 IDI purchased 100% of BarnOwl from Deloitte SA. IDI has maintained a close relationship with Deloitte SA and they continue to provide leading risk and audit management thinking for tool development.
Financials
IDI has been financially totally self sufficient for the past 13 years and has an
excellent credit rating. Over the past 10 years almost all our capital has been
reinvested back into the development of our software. In 2008 we decided to focus
on BarnOwl only -
Target markets / territories
About BarnOwl in the UK
Background to BarnOwl GRC
Up until 2003 Deloitte South Africa (Deloitte SA) was a majority shareholder of IDI, the proprietor of BarnOwl GRC. In 2003 the directors of IDI entered a management buyout and obtained majority control of the business with a 36% shareholding held by Zurich Financial Services.
Until recently we have been primarily focused on the South African market where we have over 60 private sector clients and approximately 60 public sector organisations using BarnOwl. BarnOwl is the ERM application of choice for the SA public sector endorsed and supported by the Department of National Treasury.
However, we are now at the point of significant international expansion and are developing a network of international distributors to market and implement BarnOwl in our key target markets.
Growth targets
We aim to continue our South African expansion with plans to increase our client base from 60 (private sector) to 80 by the end of 2010 and to 150 South African and international clients by the end of 2011 as market demand and our international presence grows. We plan to actively pursue BarnOwl sales in the UK and Europe.
Following creation of Halex Business Risk Services in early 2009, BarnOwl is now being actively marketed for the first time in the UK and has started to generate significant interest. We see the UK as core to development of our European business moving forward and plan to open an office in the UK as soon as the client base warrants this.
Reporting
Risk Management
Audit
Compliance
BarnOwl Lite
Core
Optional
Data flow