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RNS Number : 5919V Acuity RM Group PLC 18 August 2025
This is a Reach (i.e. non-regulatory) announcement and the information
contained is not considered to be material or to have a significant impact on
management's expectations of the Company's performance.
18 August 2025
Acuity RM Group plc
("Acuity", the "Company" or the "Group")
First customer win for new product
The directors of Acuity are delighted to announce the first customer win for
Acuity's new Vendor Management Hub ("VMH"), which manages cybersecurity
connections with suppliers. VMH is available as stand-alone product or it
can be incorporated in STREAMÒ. VMH is a new product enabling users to
better manage their cybersecurity risks relating to their suppliers' systems,
addressing the same market as Rizikon, the product acquired by the Group in
November 2024.
Whilst the value of the first contract is small, the market opportunity for
VMH is substantial. A number of the high profile cybersecurity breaches in
spring 2025 were caused by hackers accessing IT systems via suppliers' IT
systems. The cost of those breaches was measured in tens and hundreds of
millions of pounds. At Infosecurity, a recent exhibition attended by Acuity,
VMH was the focus of intense interest from potential customers.
VMH provides a strong foundation for cyber risk oversight, without the
complexity of a full Governance, Risk and Compliance ("GRC") program. VMH
connects automatically and seamlessly with STREAMÒ to provide additional
surveillance and security functions.
Reasons to use Acuity's VMH
· Accelerates and standardises vendor onboarding - streamlines the
process with automated workflows, standardised assessments and digital
document management
· Automates prioritisation of third party risks based on the
criticality of the supplier and potential impact of the vulnerability
· Improves risk visibility - real time monitoring of critical measures
with automated risk scoring and alerts
· Ensures regulatory compliance - with built in compliance records,
automated monitoring and audit-ready documentation
Market opportunity
There is a clear market opportunity for VMH. It is a powerful entry level
product that enables users to manage a key area of cybersecurity risk,
controlling access to the organisation's systems from a third party's
systems. This type of risk is increasingly being managed by automated tools
such as Acuity's VMH. The small and medium enterprises segment of the market
currently accounts for 68% of overall GRC revenues. The market is expected
to grow at 15% pa up to 2030. (grandviewresearch.com). At Infosecurity, a
recent exhibition attended by Acuity, VMH attracted strong interest from
potential customers.
David Rajakovich, Chief Executive, commented: "VMH broadens Acuity's market
opportunity into a wider arena - mid-market organisations that still need to
manage third party risk. It is a relatively inexpensive, entry-level product
that appeals to any organisation serious about managing supplier cyber
security risk. VMH is a natural starting point for launching a comprehensive
cybersecurity solution."
A demonstration of VMH can be seen on the Company's website and can be
personalised to specific situations.
(https://acuityrm.com/platform/vendor-management-hub)
For further information please contact:
Acuity RM Group plc https://acuityrmgroup.com (https://acuityrmgroup.com)
David Rajakovich
Peterhouse Capital (Joint broker)
Lucy Williams / Duncan Vasey +44 (0) 20 7469 0936
Clear Capital (Joint broker)
Bob Roberts +44 (0) 20 3869 6080
Note to Editors
Acuity RM Group plc (AIM: ACRM), is an established provider of risk management
products and services. Its award-winning STREAM® software platform collects
and analyses data to improve business decisions and management is used by
clients operating in markets including government, defence, broadcasting,
utilities, manufacturing and healthcare.
The Company is focused on delivering long term, sustainable growth in
shareholder value from organic growth and complementary acquisitions.
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