NICK FERRANTE

Apparity offers a comprehensive solution for managing end-user computing (EUC) risks, ensuring regulatory compliance and enhancing operational efficiency. The company has a proven track record in the financial services industry, and key customers – including a Fortune 100 insurer, Top 5 Global Investment Bank, and Top 3 Global ReInsurer – have expanded their usage of Apparity’s solutions and consistently renewed contracts for additional terms. This high level of customer satisfaction underscores Apparity’s commitment to delivering value and driving customer success. It has established itself as a trusted partner for organizations seeking to strengthen their EUC governance and risk management programs.

As businesses today face increased regulatory pressures, it is critical for organizations to ensure compliance while also ensuring users across the business maintain their operational efficiency. This is particularly true while managing EUC risks. Apparity, in this regard, has emerged as a leader in providing a comprehensive EUC risk management solution. It has a deep expertise in regulatory challenges, particularly in highly regulated business sectors and the financial space, as it serves customers in over 50 countries, and remains committed to long-term client relationships. The company’s global reach and robust support underpins its success and industry leadership.

“Our core product is an end-to-end EUC Risk Management software designed to streamline the identification, cataloguing, and control of EUCs,” says Nick Ferrante, President of Apparity. The platform offers a suite of features that automate critical processes, ensuring maximum control over versioning, change tracking, and reviews.

Comprising of three modules, Apparity’s solution begins with the Discovery module, facilitating systematic identification and data collection of potential EUCs that sit within shared drives and SharePoint sites to provide a comprehensive view of an enterprise’s EUC landscape. Through its Registration module, the solution then enables organizations to maintain a clean, comprehensive EUC inventory, ensuring an accurate view into the EUC landscape that stands up to regulatory and audit scrutiny. The final piece is the Active Management module, which clients can use to automate file-level controls for versioning and change tracking, reducing manual effort and the potential for errors. Apparity’s technical innovations, such as Zero Loss Fingerprinting and Active Capture, simplify the end-user experience, making it easier for organizations to effectively manage their EUC risks.

Apparity’s industry-leading capabilities have made it a trusted partner for global financial services organizations. The company’s focus on customer success and sustainable program development is reflected in its high customer retention and expansion rate. Apparity’s customer feedback and performance metrics are exemplary, with a Net Promoter Score (NPS) of 64, far exceeding the industry average.

Its success is best highlighted by the tangible benefits and improvements realized by organizations across various industries. Partnering with a Top-5 Global Asset Management Firm, Apparity helped the latter to remediate gaps within its EUC program to close audit findings and comply with Corporate Risk Control Standards. The implementation of Apparity’s technology provided automated EUC controls and created a robust reporting framework to monitor program success. This partnership resulted in the identification and control of 1,200 key User Developed Applications (UDAs), showcasing the EUC risk management specialist’s ability to deliver comprehensive solutions that drive compliance and efficiency.

Another instance is when a Top-3 Global Reinsurance Group leveraged Apparity’s expertise to ensure compliance with BaFin’ s VAIT regulations and enhance its EUC risk management capabilities. Apparity conducted workshops to understand the current EUC landscape, identified gaps, and created a risk-based inventory of EUC files. This proactive engagement resulted in the risk assessment, inventory, and control of 1,500 EUCs, significantly improving the organization’s regulatory compliance and operational efficiency.

Apparity’s modular design allows for easy deployment across different lines of business and geographies. The platform’s extensive REST APIs enable seamless integration into customer environments, providing flexibility and scalability to meet the diverse needs of organizations— a key factor in Apparity’s ability to serve a broad range of industries and markets.

The company’s initial breakthrough came with the acquisition of beta customers like Children’s Healthcare of Dallas and Aarons, Inc., followed by angel funding from Atlanta Technology Angels. Apparity’s innovative approach caught the attention of NetRoadshow, leading to an acquisition and a significant global deployment for a top 5 global investment bank. The company’s ingenuity was further validated by a patent granted by the USPTO for its unique versioning and comparison system. Today, Apparity stands as a testament to innovation and customer-centric development in the EUC risk management space.

Looking ahead, Apparity remains focused on innovation and customer-centric development, with plans to expand into new markets and industries. Leveraging its deep industry knowledge and technological expertise, Apparity is well-positioned to continue driving success for its customers and shaping the future of EUC risk management.