RISMA announced a new partnership with IT Relation A/S, part of the fast-growing group itm8. The partnership leverages RISMA's GRC suite consisting of eight GRC software solutions and also enables IT Relation to make customized solutions for their customers. IT Relation is a significant player within IT Outsourcing services.

The company has a strong position focusing on managed services and business solutions. With the continued interest and customer need to system support their work with governance, risk and compliance, it is only natural for IT Relation to expand their software portfolio with GRC software. For RISMA, the partnership is a natural step in its strategic market growth, where partnerships play an important part of the growth trajectory in the Nordics in line with RISMA's listing on Nasdaq First North in March 2021.

Both RISMA and IT Relation A/S expect to have a positive business impact in Third Quarter and Fourth Quarter 2022 from the partnership.