Quantivate
Quantivate provides a SaaS governance, risk, and compliance platform with nine integrated modules (ERM, Compliance, Business Continuity, IT Risk, Vendor Management, Audit, Issue, Complaint, and Policy Management) purpose-built for U.S. banks, credit unions, mortgage lenders, and insurance carriers. Founded in 2005 and acquired by Ncontracts in December 2023.
- Company typePrivate
- Founded2005
- HeadquartersWoodinville, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Quantivate does
Quantivate is a privately held U.S. software company that provides a SaaS-based governance, risk, and compliance (GRC) platform purpose-built for the financial services industry. Founded in 2005 and headquartered in Nashville, Tennessee (with a Woodinville, Washington mailing address), Quantivate serves banks, credit unions, mortgage lenders, and insurance carriers through nine integrated modules: Enterprise Risk Management, Compliance Management, Business Continuity Management, IT Risk Management, Vendor Management, Internal Audit, Issue Management, Complaint Management, and Policy & Document Management. An additional Procurement Solution and Operational Resilience Management Solution extend the surface area into third-party sourcing and resilience use cases. The platform is built on a flexible, scalable architecture with a centralized data model, configurable automated workflows, role-based security and SSO, and a JSON-RPC API for real-time third-party integration; it is SOC 2 Type 2 and ISO 27001 audited.
Quantivate generates revenue primarily through annual SaaS subscriptions sold via a quote-based direct sales motion, supplemented by professional services such as ERM consulting, business continuity services, vendor due diligence, and contract review. Distribution combines direct enterprise sales, a credit-union channel partnership with CUNA (Credit Union Compliance Management System / CCMS PLUS), and post-acquisition access to Ncontracts' broader financial-institution network. Domain-specialized content is supplied through partnerships with law firm Farleigh Wada Witt (compliance content and a vendor-management regulatory compliance guarantee) and LexisNexis (regulatory alerts across 13,000 agencies). In December 2023, Quantivate was acquired by Ncontracts LLC for an undisclosed sum and operates as a subsidiary under the Ncontracts umbrella, with reported access to a combined base of over 4,000 financial institutions and a 98% customer renewal rate. Leadership includes CEO Andy Vanderhoff, CTO Paul Rorberg, and CFO Derek Schlicker; Quantivate had previously received a 2019 growth investment from Luminate Capital Partners.
Quantivate firmographics
Firmographics- Name
- Quantivate
- Legal name
- Quantivate, LLC
- Website
- https://quantivate.com
- Company type
- Private
- Founded year
- 2005
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Quantivate provides a SaaS governance, risk, and compliance platform with nine integrated modules (ERM, Compliance, Business Continuity, IT Risk, Vendor Management, Audit, Issue, Complaint, and Policy Management) purpose-built for U.S. banks, credit unions, mortgage lenders, and insurance carriers. Founded in 2005 and acquired by Ncontracts in December 2023.
- Ownership category
- akta.pro rank
Quantivate industry classification
Industry- Product category
- Governance, Risk and Compliance Software
- NAICS
- Software Publishers (5132), Custom Computer Programming Services (541511)
- SIC
- Services-Management Consulting Services (8742), Services-Engineering, Accounting, Research, Management (8700)
- akta.pro primary industry
- Governance, Risk & Compliance (GRC) Platforms (BPAEAPAA)
- akta.pro secondary industries
- Compliance, GRC Workflow & Audit Automation Platforms (HDAEAHAL), Third-Party Risk, Vendor Due Diligence & Supply Chain Compliance (BPAEAPAG), IT Governance, Risk & Compliance (IT GRC) Platforms (HDAEALAK)
Keywords
Where Quantivate is headquartered
LocationHeadquarters
- HQ city
- Woodinville
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Quantivate business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Supply Chain
Revenue model
- SaaS Subscription Licensing: Quantivate operates primarily as a SaaS (Software-as-a-Service) provider, offering its integrated GRC software suite on a subscription basis. Customers access the platform via web-based applications with automatic updates and maintenance included. The company also offers professional services including consulting, implementation, and deployment packages.
- Professional Services: Quantivate offers a full suite of consulting services including ERM Services, Business Continuity Services, Vendor Due Diligence Services, Contract Review Services, and GRC Consulting Services, which complement its software solutions and drive additional revenue.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Quote-based pricing for enterprise SaaS subscription and professional services |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels7 records
Quantivate product offering
Product offeringCore offering
Quantivate sells a SaaS governance, risk, and compliance (GRC) software suite consisting of nine integrated modules — Enterprise Risk Management, Compliance Management, Business Continuity, IT Risk Management, Vendor Management, Internal Audit, Complaint Management, Policy & Document Management, and Issue Management — purpose-built for banks, credit unions, mortgage lenders, and insurance companies. The company also delivers professional services (ERM consulting, business continuity services, vendor due diligence, contract review, and GRC consulting) to support implementation.
Product overview
Quantivate provides a comprehensive integrated SaaS platform and consulting services for governance, risk, and compliance (GRC) management, specifically designed for the financial services industry. The core Quantivate GRC Software Suite combines 9 integrated modules: Enterprise Risk Management (ERM), Compliance Management, Business Continuity Management, IT Risk Management, Vendor Management, Internal Audit, Issue Management, Complaint Management, and Policy & Document Management. An additional Procurement Solution provides third-party sourcing management. All modules share a centralized data model, configurable workflows, and unified reporting through the Quantivate GRC Platform. The platform enables data integration between modules, allowing processes, controls, and action items to flow between user groups. Consulting services complement the software including ERM services (JumpStart, Premier ERM), business continuity services, vendor due diligence, contract review, and IT risk management. Founded in 2005, Quantivate was acquired by Ncontracts in December 2023.
Differentiator
Problem solved
Functional benefit
Products and services
- Quantivate GRC Software Suite Integrated SaaS platform combining all Quantivate GRC modules (Enterprise Risk Management, Compliance Management, Business Continuity, IT Risk Management, Vendor Management, Internal Audit, Complaint Management, Policy & Document Management, and Issue Management) with shared data architecture, workflows, and reporting for financial institutions.
- Enterprise Risk Management (ERM) Software ERM module that identifies, assesses, and addresses risks across the organization with risk calculator (qualitative and quantitative), what-if scenario analysis, risk appetite statement, KRIs/KPIs, and customizable dashboards.
- Compliance Management Software Regulatory compliance management module that monitors changing laws and regulations with real-time compliance status tracking, compliance calendar, risk assessment, gap reports, compliance testing templates, and integrated Farleigh Wada Witt / LexisNexis regulatory alerts.
- Business Continuity Management Software Business continuity and disaster recovery planning module with risk assessment, business impact analysis, plan development, incident management, and a companion Quantivate Mobile App for iOS/Android plan access.
- IT Risk Management Software Cyber and IT risk management module with pre-built controls for SOX, FFIEC, PCI, FISMA, GLBA, HIPAA, NERC, NIST, SCADA, FedRAMP, BITS, GAPP, ITIL, SEI CMM, and SANS 20 Critical Controls frameworks.
- Vendor Management Software Third-party risk and vendor management module managing the full vendor lifecycle — vendor due diligence, risk assessments, contract review, ongoing monitoring, and oversight — backed by a Farleigh Wada Witt compliance guarantee.
- Internal Audit Software Internal audit management module providing the full audit lifecycle — audit plan creation, workpaper management, findings tracking, and corrective action plans.
- Complaint Management Software Complaint management module that automates the full complaint lifecycle — intake from multiple channels, investigation, resolution management, and regulatory compliance reporting.
- Policy & Document Management Software Policy management module for creating, managing, and distributing policies and documents with lifecycle tracking, attestation management, employee policy testing, and policy distribution capabilities.
- Issue Management Software Issue tracking module for tracking and remediating issues across risk and compliance disciplines, with root cause analysis, issue treatment, mitigation plans, and audit trails.
- Procurement Solution Third-party procurement software for strategic decisions about sourcing and vendor risk, with centralized vendor management to minimize and monitor third-party risk.
- Operational Resilience Management Solution Operational resilience solution supporting business continuity maturity and operational risk awareness with centralized risk data, documentation, assessments, and reporting.
- Quantivate Now GRC solution with real-time management and integrated analytics, launched in April 2023 to help financial institutions scale their governance, risk, and compliance programs.
- GRC Consulting Services Professional consulting services covering ERM consulting, business continuity services, vendor due diligence, contract review, and IT risk management services to help customers realize maximum value from Quantivate solutions.
- Enterprise Risk Management Services ERM implementation and consulting services including the JumpStart Program (software setup, training, data conversion, program assessment, roadmap), A' La Carte services, and the Premier ERM Service Program with risk assessments and board training.
- Business Continuity Services Business continuity and disaster recovery planning services including full business impact analysis, threat and vulnerability assessment, documentation of RTOs and RPOs, plan development, exercises, and maturity roadmap.
Quantifiable outcome
- 98% customer renewal rate
- +1 more outcomes
Companies that use Quantivate
Customer profileNamed customers9 records
Segments5 records
Ideal customer profiles5 records
Quantivate technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
Feature8 records
Quantivate partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered minor and core.
- RiskScoutminorQuantivate and RiskScout entered a strategic partnership in June 2023 to enable banks and credit unions to confidently enter higher-risk markets by combining Quantivate's GRC software with RiskScout's risk assessment capabilities.
- Farleigh Wada WittcoreLaw firm Farleigh Wada Witt provides Quantivate with compliance content, executive summaries, and regulatory alerts for the Compliance Management and Vendor Management modules. Farleigh Wada Witt guarantees that the management tools in Quantivate's Vendor Management Software will always comply with current regulatory requirements from CFPB, FDIC, FRB, OCC, NCUA, FTC, FFIEC, and PCI.
- LexisNexiscoreLexisNexis Legal & Professional provides federal, state, and local compliance alert services for Quantivate's Compliance Management module, monitoring regulatory changes from 13,000 agencies covering 52,000 measures and 600 document types. Alerts are integrated with Quantivate's GRC Suite at various stages of the measure lifecycle.
- Rivial Data SecurityminorRivial Data Security provides IT risk management and cybersecurity services to Quantivate customers, including IT risk assessment, IT audit, penetration testing, and vulnerability assessment. The partnership enhances Quantivate's IT Risk Management module with specialized security services and content.
- CUNA (Credit Union National Association)coreCUNA offers Quantivate's Credit Union Compliance Management System (CCMS) and CCMS PLUS as a benefit of CUNA and league membership. This partnership extends Quantivate's GRC distribution to credit unions nationwide through the CUNA network, providing a scalable path to GRC maturity for credit union members.
Scale indicators3 records
Recent moves6 records
Expansion highlights6 records
Quantivate competitors and assessment
Company assessmentBroad incumbents
- ServiceNow Integrated Risk Management (IRM): ServiceNow's IRM/GRC offering competes broadly in integrated risk and compliance management for financial services, with deep enterprise scale and adjacent ITSM workflows; it is a much larger incumbent with broader portfolio rather than a pure-play financial-services GRC vendor.
- SAP GRC: SAP's GRC and risk management suite is widely deployed at large banks and financial institutions as part of broader SAP estates; competes as a broad enterprise incumbent rather than a financial-services pure-play.
Direct peers
- Regnology (formerly RSA Archer): Regnology's Archer platform is a long-standing integrated GRC suite used by large banks and financial institutions for ERM, regulatory compliance, and audit; it directly competes with Quantivate in the financial-services GRC category with comparable module breadth.
- Diligent (Galvanize): Diligent's Galvanize product line (acquired from ACL) offers integrated GRC, audit, and risk management software widely used by banks, insurance companies, and financial institutions; directly comparable in customer base and integrated module offering.
- LogicGate Risk Cloud: LogicGate Risk Cloud is a configurable, workflow-driven GRC platform competing for the same bank and credit union budgets; comparable in mid-market positioning and no-code workflow automation approach.
- NAVEX Global (Lockpath): NAVEX's Lockpath (now NAVEX IRM) is an integrated GRC platform providing risk, compliance, vendor, and policy management; competes directly in the regulated financial-institution segment.
- Riskonnect: Riskonnect provides integrated risk management and GRC software for financial services and insurance, including ERM, vendor management, and compliance modules; directly comparable in target customer and integrated platform approach.
- Resolver (Kroll): Resolver, now part of Kroll, offers integrated GRC, ERM, and audit software used by financial institutions; comparable integrated-suite approach with similar mid-market financial services focus.
- Ideagen (Qualtrax): Ideagen (including the Qualtrax compliance platform) provides GRC, quality, and audit management software used by banks, credit unions, and insurance companies; comparable in vertical specialization and integrated compliance workflow focus.
Emerging players
- OneTrust GRC: OneTrust has expanded from privacy into broader GRC and risk management; offers overlapping capabilities (compliance, vendor risk, policy) and increasingly competes for regulated-entity GRC budgets.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Quantivate social profiles
Digital presenceQuantivate compliance and trust
Trust signalCompliance2 records
Quantivate financial estimates
Financial estimateRevenue estimate
Valuation estimate
Quantivate leadership team
Management profileNumber of profiles
Profiles3 records
Quantivate funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Quantivate M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Quantivate
What does Quantivate do?
Quantivate sells a SaaS governance, risk, and compliance (GRC) software suite consisting of nine integrated modules — Enterprise Risk Management, Compliance Management, Business Continuity, IT Risk Management, Vendor Management, Internal Audit, Complaint Management, Policy & Document Management, and Issue Management — purpose-built for banks, credit unions, mortgage lenders, and insurance companies. The company also delivers professional services (ERM consulting, business continuity services, vendor due diligence, contract review, and GRC consulting) to support implementation.
Is Quantivate a public or private company?
Quantivate is a private company. It is classified as corporate owned and is currently operating.
When was Quantivate founded?
Quantivate was founded in 2005. It employs 11 to 50 people.
Where is Quantivate based?
Quantivate is headquartered in Woodinville, United States, in the North America region.
How does Quantivate make money?
Two revenue lines are on record. SaaS Subscription Licensing is the primary driver. The others are professional Services.
Who are Quantivate's main competitors?
Broad incumbents on record are ServiceNow Integrated Risk Management (IRM) and SAP GRC. Direct peers are Regnology (formerly RSA Archer), Diligent (Galvanize), LogicGate Risk Cloud, NAVEX Global (Lockpath), Riskonnect, Resolver (Kroll) and Ideagen (Qualtrax). OneTrust GRC is listed as an emerging player.
Does Quantivate have an API?
Yes. Quantivate exposes a JSON-RPC style API allowing users to interact with Quantivate data in real time. The API enables organizations to automate processes of passing information in and out of the Quantivate platform. Available methods include getResource, addResource, updateResource, trashResource, runResourceReport, addGroupOwnership, removeGroupOwnership, setGroupMembership, removeGroupMembership, linkResources, addTableRow. Authentication uses JWT tokens. Rate limits include 10 calls/minute per IP, 15 calls/minute per JWT, and monthly license-based limits. The API supports resource management, group permissions, table attribute manipulation, and report generation. Developer documentation is at quantivate.com/api-documentation.
What industry is Quantivate in?
Quantivate's product category is Governance, Risk and Compliance Software. Its primary akta.pro industry code is BPAEAPAA, Governance, Risk & Compliance (GRC) Platforms, with a secondary code of HDAEAHAL, Compliance, GRC Workflow & Audit Automation Platforms. Its NAICS code is 5132 and its SIC code is 8742.