Archer Announces Acquisition of Atlas to Expand Policy Management Capabilities - PNC Financial Services G

Archer, the leading provider of integrated risk management solutions, announced it has acquired Atlas, an innovative provider of workflow and content governance and collaboration software. Atlas had previously been part of the numo llc, a fintech incubator and subsidiary of The PNC Financial Services Group, Inc. The acquired capabilities will initially be applied to bolster current Archer solutions around Policy Program Management and Regulatory and Corporate Compliance Management, both of which will benefit significantly from increased coverage of policy and content creation, publication and management.

"We are very excited to continue the expansion of the Archer platform through the acquisition of the Atlas capabilities around policy and document creation and management," said Bill Diaz, CEO of Archer. "We are leveraging this technology to launch a set of document governance features that address the need for enhanced control of the critical documents that drive business operations, and as a result should be managed as part of an overall risk management process."