en.Wedoany.com Reported - Optro (formerly AuditBoard), an AI-driven Governance, Risk, and Compliance (GRC) platform provider, announced its entry into the Singapore market and the establishment of a regional hub in the city-state, aiming to provide localized support for the rapidly growing enterprise customer base in the Asia-Pacific region. The announcement was made on June 21, 2026, at the Institute of Internal Auditors (IIA) International Conference held in Singapore.
Optro stated that this move is intended to address the increasingly complex risk environment faced by enterprises in the Asia-Pacific region, driven primarily by artificial intelligence (AI), cybersecurity threats, regulatory scrutiny, and digital transformation. According to the Internal Audit Foundation's "2026 Risk in Focus: Asia-Pacific Report," 39% of organizations consider digital disruption, including AI, as one of the most critical business risks, while 58% rank regulatory changes as the highest audit priority.
Singapore's status as a regional financial hub and digital innovation center makes it a strategic base for supporting the next phase of enterprise risk management. Optro's establishment in Singapore aims to provide AI-driven technology to audit, risk, compliance, and information security practitioners in the Asia-Pacific region, enabling them to remain agile in an evolving regulatory landscape. The company's strong alliance network combines its GRC capabilities with the subject matter expertise of world-leading consulting firms, adding value to local teams.
Optro CEO Raul Villar Jr. stated that by bringing its innovative platform and partner network to the heart of Asia-Pacific, the company can help local clients navigate growing risk and compliance complexities. Rolando Caraig, Head of Internal Audit at Fuse Financing Inc. and former Chief Audit Officer at GCash, noted that Optro's shift toward agentic GRC is expected to deliver significant value to clients. Harry Lim, Group Audit Head at OCBC Bank, said that leveraging the Optro platform enables the bank to focus on what matters most and deliver consistent, high-quality audit services across the organization. Gordon Tucker, Regional Managing Director for Asia-Pacific at Protiviti, believes that organizations in the Asia-Pacific region are facing increasingly complex risk and regulatory environments, where speed, insight, and adaptability are critical.
Optro recently acquired Midship, an AI-native autonomous control testing solution, a milestone that brings the first and only agentic action system for GRC to market. Combined with the existing platform, this solution can automate up to 87% of control management, allowing auditors to dedicate more time to strategic risks. The company has also recently received multiple industry recognitions, including being named a Leader in the Forrester Wave: Governance, Risk, and Compliance Platforms, Q2 2026 report and the 2025 Gartner Magic Quadrant for Governance, Risk, and Compliance (GRC) Tools, Assurance Leaders, being selected as one of Fast Company's 2026 World's Most Innovative Companies, winning the G2 2026 Best Software Award for Best GRC Software, and being named to the Deloitte Technology Fast 500 for the seventh consecutive year.
This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com
