Governance, Risk & CompliancePrivacy & Data Governance
Formalize
EU compliance ops unifying whistleblowing, risk, and policy for NIS2, DORA, ISO 27001, GDPR.
Formalize Overview
What it does
Formalize is a governance, risk, and compliance (GRC) platform that consolidates compliance work for multiple European regulations into one connected system. Its distinctive approach is a shared control and evidence layer: a single control or evidence artifact maps across overlapping frameworks such as NIS2, the Digital Operational Resilience Act (DORA), ISO 27001, and the General Data Protection Regulation (GDPR), so teams document a requirement once and reuse it across audits instead of maintaining separate spreadsheets per regulation.
How it works
The platform ships prebuilt framework packages with predefined controls and policy templates, for example 118 controls and 15 policy templates for DORA and 93 controls for ISO 27001, that teams adapt through configurable workflows for evidence collection, approval routing, and governance reporting. Risk registers track inherent, residual, and target scores against defined risk appetite thresholds, and incidents link directly to the risks they affect. Separate privacy tooling manages records of processing activities and data subject requests, while a distinct whistleblowing product handles anonymous case intake.
Credentials and traction
Formalize holds ISO/IEC 27001:2022 certification issued by Intertek in November 2024, undergoes annual ISAE 3000 Type 2 auditing of its information security and data protection, and completed its most recent external penetration test with Truesec in August 2025. It was selected as Spain's national whistleblowing authority and serves more than 8,000 organizations across 80-plus countries, with customers including Crypto.com, McDonald's, and Indexa Capital.
Key Capabilities
mapped to solution categoriesSupports configuration of assessment questionnaires, evidence collection workflows, approval routing, and report templates without professional services or platform code changes.
Prepares audit-ready evidence packages and supports collaboration with internal and external auditors.
Automatically and continuously collects control evidence from connected systems for audit readiness.
Maps controls across multiple frameworks and crosswalks overlapping requirements to reduce duplicate work.
Manages security policies and collects employee attestations to support compliance.
Provides prebuilt control libraries mapped to frameworks such as SOC 2, ISO 27001, NIST CSF, PCI DSS and HIPAA.
Compliance
certificationsIntegrations
compatible toolsImplementation & support
Info last updated on June 25, 2026
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