Digital Version of November/December 2014 Print Edition
Altegrity launches ARI, which acquires CRI
Altegrity, Inc., the holding company formerly known as USIS, has launched Altegrity Risk International (ARI), a New York City-based new business that will focus on global risk mitigation and security solutions.
The same day this week that Altegrity announced the formation of ARI, ARI in turn announced the acquisition of Washington, DC-based Corporate Risk International (CRI), an established business intelligence and risk management firm. Terms of that transaction were not disclosed.
ARI will be headed by Bill Bratton, the former chief of both the Los Angeles and New York City police departments, who becomes chairman, and Michael Beber, who becomes president and CEO.
Altegrity says that ARI’s multidisciplinary team from the fields of investigations, forensics, data intelligence, financial technology, and security / policing will provide ARI clients with specialized solutions to identify, analyze, prevent, and remediate the entire range of financial, legal / regulatory, reputational and security risks.
ARI describes CRI as a specialist in U.S. and international due diligence and investigative projects, white collar crime investigations, business intelligence gathering, undercover investigative operations, and anti-money laundering analyses. The company also conducts security and risk assessment surveys and provides crisis management and executive protection services.
“Risk has always been a part of our professional and personal lives, but because of the interconnected, global environment in which we live today, risk and security concerns have taken an unfortunate, costly, and at times deadly center stage,” Mike Cherkasky, Altegrity CEO, said in a statement announcing the formation of ARI. “We created Altegrity Risk International to provide a quicker, more thorough and inclusive, as well as cost-effective way to provide businesses and organizations with the information and expertise they need to reduce risk and ensure more secure and successful organizations.”
Altegrity is the holding company for HireRight and Explore Information Services, as well as USIS and ARI.