The API enables users to integrate risk assessment data into enterprise dashboards, data analytics platforms, or third-party applications to track organizational risk.
From: LBMC/BALLAST
from: BALLAST Launches API v1 as Part of 6.0 Release
Nashville, TN – August 17, 2020 – BALLAST (LBMC InfoSec Apps, LLC), an affiliate of LBMC Information Security and the LBMC family of companies, today announced the initial launch of an application programming interface (API) as part of its 6.0 software release. The API will enable users to integrate BALLAST risk assessment data into their enterprise dashboards, data analytics platforms, or third-party applications to track organizational risk.
There was a strong demand for the API by large, enterprise customers who were already leveraging tools like Microsoft® Power BI® and Tableau®. They knew that BALLAST already enabled them to report real-time on organizational risk, but they wanted a way to aggregate their risk data with existing enterprise key risk indicators (KRIs) to quickly identify trends and mitigate organizational risk.
In an age of big data, machine learning (ML), artificial intelligence (AI) and predictive analytics, companies are increasingly looking to employ these technologies to streamline risk management. BALLAST is
already helping over 300 organizations streamline and automate their risk assessment processes. Now, the API is making the power of big data a reality by providing real-time access to risk and compliance data, allowing them to connect the dots between year-over-year performance, ongoing remediation activities and their impact on organizational risk.
Out of the gate, the API is robust, yet simple and intuitive to use. It aims to provide developers, end-user organizations and partners a way to develop interactive visualizations and business intelligence powered by BALLAST risk and compliance algorithms.
“Existing customers and partners can extend BALLAST’s already robust reporting capabilities by using the BALLAST API,” says Mark Fulford, Co-Founder and CEO of BALLAST. “We are proud to be able to offer the new API as part of release 6.”
What is BALLAST?
BALLAST was developed by a team of LBMC’s risk and security professionals with the experience of hundreds of risk assessments performed over many years. As a result, they know first-hand how difficult and time consuming it can be to manage the risk assessment process using traditional tools like spreadsheets. So, they reimagined the risk assessment process and designed BALLAST – a risk assessment tool that is simple to use, flexible and scalable.
One of the most impressive features of BALLAST is the ability to harness the power of the data collected by your risk assessments. You can practically export any data collected in BALLAST with just a few simple clicks. However, they have taken things one step further to give users direct access to real-time data via an API.
“Previously, many of our clients were manually collating spreadsheets, compiling the data and providing the results to organizational stakeholders to include in enterprise reporting. Now, with BALLAST, they are able to create and deploy a risk assessment in a matter of minutes and begin collecting the responses that feed real-time risk data into both BALLAST and enterprise dashboards – that is powerful!” says Mark Fulford, Co-Founder and CEO of BALLAST.
Key Takeaways
- BALLAST (LBMC InfoSec Apps, LLC), an affiliate of LBMC Information Security and the LBMC family of companies, is a cloud-based software application that simplifies and automates the risk and compliance assessment processes for organizations.
- BALLAST has launched version 1 of an API as part of its 6.0 release, which is available immediately
to existing BALLAST customers at no additional charge. - The API enables usersto integrate risk assessment data into enterprise dashboards, data analytics platforms, or third-party applications to track organizational risk.
- The API was developed in response to strong demand by large, enterprise customers who were already leveraging tools like Microsoft® Power BI® and Tableau®.
- Developers, end-user organizations and partners can utilize the API to develop interactive visualizations and business intelligence powered by BALLAST risk and compliance algorithms.
- The API makes the power of big data a reality by providing real-time access to risk and compliance data, allowing organizations to connect the dots between year-over-year performance, ongoing remediation activities and their impact on organizational risk.
BALLAST is Empowering Risk ManagementSM Learn more at www.ballastrisk.com
About BALLAST
BALLAST is a feature-rich, cloud-based software application that simplifies and automates the risk and compliance assessment processes for organizations. It makes the process easier and more effective by providing management with data points about their risks and facilitating a roadmap to improve the organization’s security while documenting the progress and outcomes. Learn more at ballastrisk.com.
About LBMC
LBMC is a Top 50 firm in the country and the largest professional service solutions provider based in Tennessee, serving approximately 10,000 clients with diverse needs across a spectrum of industries. LBMC and The LBMC Family of Companies has more than 600 employees, with offices in Chattanooga, Nashville (Brentwood), and Knoxville, TN. Founded in 1984 as a traditional accounting firm, LBMC has expanded its focus to meet a broad range of financial, human resources and technology needs for its diverse client base. Today, we’ve become industry leaders in financial, human resources, technology, information security, and wealth advisory services.
submitted by: Lisa Buckholts