Formalize is a compliance software platform that helps organisations manage governance, risk and compliance as an ongoing process instead of in spreadsheets. Its modules cover risk, policy and third-party management, data governance and business continuity, mapped to frameworks such as NIS2, DORA, GDPR, ISO 27001 and the EU AI Act. It is aimed at compliance teams, security leaders and consultants. The company also offers Whistleblower Software, its original product and former trading name. Formalize is delivered as hosted SaaS; no self-hosted or open-source edition is described.
Formalize is headquartered in Aarhus, Denmark, with further offices in Copenhagen, Madrid, Milan and Munich; the sources reviewed show no foreign parent company. According to its security page, data and backups are hosted with Amazon Web Services in Frankfurt, Germany, so customer data stays in the EU, although the infrastructure provider is AWS. The company states that its information security management system is ISO/IEC 27001 certified. For a European organisation, Formalize is an EU-based vendor with an EU hosting location.