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Risk Management Software

Risk Management software helps organizations reduce exposure to enterprise and operational risks, improving quality and minimizing losses through better management of data. These solutions track incidents, facilitate evaluation of corrective actions, monitor enterprise-level performance, and promote compliance. Business intelligence and exception management are typical features of Risk Management software. For related software solutions see Financial Risk Management software and Compliance software.

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United Arab Emirates Show local products

1029 results

Redefine the way your organization pursues opportunity and manages risk with industry-recognized software solution Camms.Risk. Learn more about Camms.Risk
Better equip your organization to make the right business decisions with an easy to use GRC Management Software solution. Make operational risk management part of your company culture so you can identify, track and manage risks with confidence. Cloud-based and ISO 3100:2009 & COSO framework compliant, Camms.Risk features a simple user interface, pre-configured risk, incident & hazard management templates and easy-to-read dashboards to improve visibility across all organizational levels. Learn more about Camms.Risk

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Internal Controls Management
  • Business Process Control
  • Risk Scoring
  • Risk Analysis
  • Audit Trail
  • Risk Alerts
  • Reporting/Analytics
  • Incident Management Software
  • Document Management Software
New generation risk management software designed to meet complex risk reporting, metrics, & notifications to streamline management. Learn more about A1 Tracker
Powerful & user friendly risk management software with dashboard metrics & charts, web portal, threat assessments, risk audits, risk log history, workflow approvals, notifications, alerts, threat response, risk ratings, and documents. Reporting integration with financial software. Offers supporting modules to track events, incidents, contracts, insurance, claims, projects, and assets. Works across all industries and offered fully hosted or self hosted with professional support & training. Learn more about A1 Tracker

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Internal Controls Management
  • Business Process Control
  • Risk Scoring
  • Risk Analysis
  • Audit Trail
  • Risk Alerts
  • Reporting/Analytics
  • Incident Management Software
  • Document Management Software
Cloud-based (SaaS) integrated risk management tool that helps handle controls, incidents, internal audits, compliance, and more. Learn more about Risk Hawk
Cloud-based integrated risk management tool that helps handle risks (ERM, IFC, ICFR, ORM), controls, incidents, policy management, Internal Audits, action plans, regulatory compliance, Third Party Risk Management, contract management, and more. Also available for on-premise installation. Supports single sign-on, bespoke workflow configurations & dashboards and guarantees high adoptability. Learn more about Risk Hawk

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Internal Controls Management
  • Business Process Control
  • Risk Scoring
  • Risk Analysis
  • Audit Trail
  • Risk Alerts
  • Reporting/Analytics
  • Incident Management Software
  • Document Management Software
Corporater Risk software helps identify and manage risk entity-wide, assign risk ownership, and conduct risk assessments and audits. Learn more about Corporater Business Management Platform
Corporater Risk Management solution consolidates all risk data into one central hub. Define risk areas that could pose a threat to the company’s existence across all departments, levels, and processes, and communicate them across your organization. Monitor key risk indicators (KRIs) and risk exposure across multiple departments and business units, conduct risk assessments, manage various types of risks, and report on risk mitigation controls measures. Suitable for medium and large organizations. Learn more about Corporater Business Management Platform

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Internal Controls Management
  • Business Process Control
  • Risk Scoring
  • Risk Analysis
  • Audit Trail
  • Risk Alerts
  • Reporting/Analytics
  • Incident Management Software
  • Document Management Software
United Arab Emirates Local product
AutoResilience is the new standard in resilience by catering to the user, intuitive workflows, and adhering to industry standards. Learn more about AutoResilience
Ascent Business Technology Inc. is an Enterprise SaaS Software firm focusing on Risk & Resilience solutions. Our product suite is designed to strengthen the operational resilience of any financial institution, business, or service entity. An automated, SaaS, and highly intuitive operational resilience platform that helps organizations build readiness and response capabilities to keep them running, no matter what. It helps your team anticipate, prepare, and respond to business risks and threats Learn more about AutoResilience

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Internal Controls Management
  • Business Process Control
  • Risk Scoring
  • Risk Analysis
  • Audit Trail
  • Risk Alerts
  • Reporting/Analytics
  • Incident Management Software
  • Document Management Software
Essential ERM is unlike any other GRC. Essential ERM is a cloud ERM platform built specifically for business users and executives. Learn more about Essential ERM
Essential ERM is unlike any other GRC. Essential ERM is a cloud ERM platform built specifically for business users and executives. It eliminates unnecessary complexity and provides unique features & visualizations for ERM teams. Learn more about Essential ERM

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Internal Controls Management
  • Business Process Control
  • Risk Scoring
  • Risk Analysis
  • Audit Trail
  • Risk Alerts
  • Reporting/Analytics
  • Incident Management Software
  • Document Management Software
This software allows you to manage risk according to established principles, define & track treatment strategies, and visualize risks. Learn more about AdaptiveGRC
AdaptiveGRC Risk Management Suite transparently applies established principles (e.g., ISO 31000) to governing, managing, analyzing, visualizing, and reporting your exposures to risk according to your directives. It allows you to define and track risk treatment strategies based on controls and corrective action plans. Our reporting visualization of the risk register can intuitively show you (via customized heatmaps and dashboards) over 12 risk dimensions tailored to your organization’s needs. Learn more about AdaptiveGRC

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Internal Controls Management
  • Business Process Control
  • Risk Scoring
  • Risk Analysis
  • Audit Trail
  • Risk Alerts
  • Reporting/Analytics
  • Incident Management Software
  • Document Management Software
TeamMate+ is purpose built to assist audit teams efficiently and effectively move through the audit workflow. Learn more about TeamMate+ Audit
TeamMate+ is purpose built to assist audit teams efficiently and effectively move through the audit workflow. From establishing annual plans to planning audits, from fieldwork and execution to reporting, to closing the audit and follow-up. Using configurable workflows to collaborate with stakeholders and collect data in real-time, to deliver critical insights to stakeholders. Learn more about TeamMate+ Audit

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Internal Controls Management
  • Business Process Control
  • Risk Scoring
  • Risk Analysis
  • Audit Trail
  • Risk Alerts
  • Reporting/Analytics
  • Incident Management Software
  • Document Management Software
Log360 is a comprehensive SIEM solution that helps you combat threats on premises, in the cloud, or in a hybrid environment. Learn more about ManageEngine Log360
Log360 is a SIEM solution that helps combat threats on premises, in the cloud, or in a hybrid environment. It also helps organizations adhere to several compliance mandates. You can customize the solution to cater to your unique use cases. It offers real-time log collection, analysis, correlation, alerting and archiving abilities. You can monitor activities that occur in your Active Directory, network devices, employee workstations, file servers, Microsoft 365, cloud services and more. Learn more about ManageEngine Log360

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Internal Controls Management
  • Business Process Control
  • Risk Scoring
  • Risk Analysis
  • Audit Trail
  • Risk Alerts
  • Reporting/Analytics
  • Incident Management Software
  • Document Management Software
CAREweb is a comprehensive and fully integrated Governance, Risk, and Compliance (GRC) system. Learn more about CAREweb
CAREweb is a comprehensive and fully integrated Governance, Risk, and Compliance (GRC) system that was first established in 1997. It is designed for market-leading businesses that aim to achieve long-term growth while staying within their risk appetite. It is comprised of 4 main modules: 1. CAREweb for Enterprise Risk Management (ERM) 2. CAREweb for Operational Risk Management (ORM) 3. CAREweb for Internal Audit (IA) 4. CAREweb for Compliance Learn more about CAREweb

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Internal Controls Management
  • Business Process Control
  • Risk Scoring
  • Risk Analysis
  • Audit Trail
  • Risk Alerts
  • Reporting/Analytics
  • Incident Management Software
  • Document Management Software
NCSSoft Solutions is a product development company primarily focused on centralizing the entire audit management life cycle. Learn more about eTHIC
eTHIC, an industry-defining solution that reshapes the way risk-based auditing and compliance management is executed in the industry and is the best risk assessment software. Capable of centralizing the entire audit management life cycle, eTHIC introduces efficiency and reliability into overall audit Risk Assessment and Risk Mitigation. eTHIC serves as a significant first step in the realm of automation for Governance, Risk and Compliance. Learn more about eTHIC

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Internal Controls Management
  • Business Process Control
  • Risk Scoring
  • Risk Analysis
  • Audit Trail
  • Risk Alerts
  • Reporting/Analytics
  • Incident Management Software
  • Document Management Software
The high-performance and low-cost LEADER in enterprise fraud detection for the financial services & digital commerce sectors. Learn more about Fraud.net
Increase revenues and reduce fraud, affordably. Recognized in Gartner’s Market Guide for Online Fraud Detection, Fraud.net is a leading KYC/AML, fraud prevention and fraud detection platform for enterprises in the financial services and digital commerce sectors. Our powerful SaaS solution combines AI & deep learning, collective intelligence, rules-based decision engines, and streaming analytics to detect fraud in real-time, at scale. Request a demo today to learn more! Learn more about Fraud.net

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Internal Controls Management
  • Business Process Control
  • Risk Scoring
  • Risk Analysis
  • Audit Trail
  • Risk Alerts
  • Reporting/Analytics
  • Incident Management Software
  • Document Management Software
Presight optimizes safety and performance through Barrier Management and Operations Reporting. Learn more about Presight
Presight provides a Process Safety solution, focusing on Barrier Management, allowing you to monitor the health of your safety-critical barriers and mitigate associated risks. Additionally, Presight offers Operations Reporting solution, enabling the collection and presentation of data from daily operations. This is essential for making informed decisions and enhancing overall business performance. Our solutions have flexible visualisation and highly configurable to help with decision making. Learn more about Presight

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Internal Controls Management
  • Business Process Control
  • Risk Scoring
  • Risk Analysis
  • Audit Trail
  • Risk Alerts
  • Reporting/Analytics
  • Incident Management Software
  • Document Management Software
Ventiv IRM enhances and simplifies risk management by eliminating data silos and providing real-time insights with powerful analytics. Learn more about Ventiv IRM
Ventiv IRM provides risk managers with powerful analytics, robust reporting, and a modern user experience designed to enhance risk management across the enterprise. With Ventiv IRM, you can capture, consolidate, and integrate multiple sources of data to establish a central source of truth. Make data-driven decisions that drive optimal outcomes with real-time access to your risk and claims information. Learn more about Ventiv IRM

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Internal Controls Management
  • Business Process Control
  • Risk Scoring
  • Risk Analysis
  • Audit Trail
  • Risk Alerts
  • Reporting/Analytics
  • Incident Management Software
  • Document Management Software
HIPAA-compliant risk management software to streamline the process of identifying, assessing, and mitigating potential security risks. Learn more about Healthcare Compliance Software
Compliancy Group's HIPAA-compliant risk management software streamlines the process of identifying, assessing, and mitigating potential security risks to safeguard sensitive patient data. Get automated risk assessments, real-time monitoring, and comprehensive reporting. This software empowers healthcare providers to proactively address vulnerabilities and ensure continuous compliance with HIPAA standards, fostering a secure and trustworthy environment for both patients and stakeholders. Learn more about Healthcare Compliance Software

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Internal Controls Management
  • Business Process Control
  • Risk Scoring
  • Risk Analysis
  • Audit Trail
  • Risk Alerts
  • Reporting/Analytics
  • Incident Management Software
  • Document Management Software
Safetica protects your data against insider threats and helps you to be compliant with regulations. Learn more about Safetica
Safetica provides easy-to-use on-prem and cloud-native data loss prevention and insider threat protection solutions that help organizations secure their data and ensure regulatory compliance. Safetica is a global software company founded in 2007, serving its customers in 120 countries globally, and provides data loss prevention and insider threat protection solutions. Safetica NXT (cloud-native) Safetica ONE (on-prem) Learn more about Safetica

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Internal Controls Management
  • Business Process Control
  • Risk Scoring
  • Risk Analysis
  • Audit Trail
  • Risk Alerts
  • Reporting/Analytics
  • Incident Management Software
  • Document Management Software
iDenfy is a global all-in-one fraud prevention platform. By combining artificial intelligence, biometric technology. Learn more about iDenfy
iDenfy is a global all-in-one fraud prevention platform. By combining artificial intelligence, biometric technology, and an in-house team of KYC experts, iDenfy helps prevent fraud and stay compliant while ensuring a user-friendly ID verification. Learn more about iDenfy

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Internal Controls Management
  • Business Process Control
  • Risk Scoring
  • Risk Analysis
  • Audit Trail
  • Risk Alerts
  • Reporting/Analytics
  • Incident Management Software
  • Document Management Software
CTM360 is a global digital risk protection platform which provides detection and response to vulnerabilities and threats in cyberspace Learn more about CTM360
CTM360 is a Digital Risk Protection platform. It includes External Attack Surface Management, Security Ratings, Third-Party Risk Monitoring, Cyber Threat Intelligence, Surface Deep and Dark web monitoring, and Unlimited Takedowns. Fully configured from day 1, and no installations/inputs need from the end-user Learn more about CTM360

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Internal Controls Management
  • Business Process Control
  • Risk Scoring
  • Risk Analysis
  • Audit Trail
  • Risk Alerts
  • Reporting/Analytics
  • Incident Management Software
  • Document Management Software
Real-time, risk-driven lifecycle management platform with full ownership of policy automation, increased efficiencies and reduces risk. Learn more about KYC Portal
The system is fully focused on automating the back-office of KYC & due diligence processes. Starting from the aspect that it allows the client to fill in directly & upload all necessary documents related to the entire on-boarding process. KYCP also automates the calculation of risk, based on pre-defined dynamic parameters which allows for instant automation on how the application should be handled. KYC Portal is an award winning fully dynamic, risk-driven Client Lifecycle Management platform. Learn more about KYC Portal

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Internal Controls Management
  • Business Process Control
  • Risk Scoring
  • Risk Analysis
  • Audit Trail
  • Risk Alerts
  • Reporting/Analytics
  • Incident Management Software
  • Document Management Software
Save time and manage risk by switching from paper-based processes to digital ones. Learn more about Fluix
Provide your field team an inspection solution that they can learn fast, while you can manage operations from wherever you are instantly, as well as analyze data collected. Fluix is used to conduct safety, quality control, and operations inspections across different industries (construction, utilities, transportation, facility management, etc.) Learn more about Fluix

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Internal Controls Management
  • Business Process Control
  • Risk Scoring
  • Risk Analysis
  • Audit Trail
  • Risk Alerts
  • Reporting/Analytics
  • Incident Management Software
  • Document Management Software
3E Protect provides immediate access to your chemical inventory and associated Safety Data Sheets (SDSs), 24-7-365. Learn more about 3E Protect
3E Protect from 3E provides immediate access to your chemical inventory and associated Safety Data Sheets (SDSs), 24-7-365. Rather than searching through multiple binders, spreadsheets or websites, unlimited users leverage the user-friendly interface to locate the SDS they need, in the jurisdiction and language required. You get instant internet access and unprecedented around-the-clock services and support with this highly efficient and affordable EHS solution. Anytime. Anywhere. Learn more about 3E Protect

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Internal Controls Management
  • Business Process Control
  • Risk Scoring
  • Risk Analysis
  • Audit Trail
  • Risk Alerts
  • Reporting/Analytics
  • Incident Management Software
  • Document Management Software
A Gartner Magic Quadrant Leader in 2014, 2015, 2016, Nlyte has the largest and most sophisticated DCIM implementations in the world. Learn more about Nlyte DCIM
IT teams implement Nlyte to automate, manage, and de-risk critical infrastructure. From the data center, colo, edge, and cloud, Nlyte discovers, manages, and reports on physical and virtual compute, infrastructure, software, and IoT assets. Nlyte includes asset, power, and energy monitoring, management. Asset Lifecycle includes capacity management, what-if planning, predictive analytics, workflow, and out of the box integration with IT, BMS, and critical BI systems. Learn more about Nlyte DCIM

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Internal Controls Management
  • Business Process Control
  • Risk Scoring
  • Risk Analysis
  • Audit Trail
  • Risk Alerts
  • Reporting/Analytics
  • Incident Management Software
  • Document Management Software
Manage all of your PCI controls and requirements from one dashboard with the support of an expert team of dedicated compliance advisors Learn more about Drata
Drata is the #1 security & compliance automation platform that continuously monitors & collects evidence of a company's security controls, while streamlining end-to-end compliance workflows to ensure audit readiness. Drata helps customers expedite their compliance efforts through automated control monitoring & evidence collection so they don't have to do so manually. Supported frameworks include: PCI DSS, SOC 2, ISO 27001, HIPAA, GDPR, CCPA, ISO 27701, Microsoft SSPA, NIST CSF, & NIST 800-171. Learn more about Drata

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Internal Controls Management
  • Business Process Control
  • Risk Scoring
  • Risk Analysis
  • Audit Trail
  • Risk Alerts
  • Reporting/Analytics
  • Incident Management Software
  • Document Management Software
You can find a dynamic map on our platform which helps you monitorate constantly your traveler’s location during their trips. Learn more about BizAway
Your business travel risk management is under control with BizAway! You can find a dynamic map on our platform which helps you monitorate constantly your traveler’s location during their trips and make their travels safer. Thanks to the partnership with Riskline, we provide certified and updated information about the travel’s conditions worldwide and we send an alert message about your itineraries currently in place. Learn more about BizAway

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Internal Controls Management
  • Business Process Control
  • Risk Scoring
  • Risk Analysis
  • Audit Trail
  • Risk Alerts
  • Reporting/Analytics
  • Incident Management Software
  • Document Management Software
RiskPartner revolutionizes your certificates of insurance management, streamlining complexities for unparalleled efficiency. Learn more about RiskPartner RMIS
RiskPartner is a comprehensive platform designed to simplify and enhance the management of certificates of insurance. Our solution empowers businesses to easily navigate the complexities of insurance documentation, streamlining the entire process. From issuance to tracking and compliance, RiskPartner ensures efficient and organized management of certificates, providing a reliable and secure gateway to certificate-related information. Learn more about RiskPartner RMIS

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Internal Controls Management
  • Business Process Control
  • Risk Scoring
  • Risk Analysis
  • Audit Trail
  • Risk Alerts
  • Reporting/Analytics
  • Incident Management Software
  • Document Management Software

Risk Management Software Buyers Guide

What is risk management software?

Risk management software is a tool for businesses to identify risk tolerance and take appropriate measures to mitigate such situations. The software offers tools to document corporate governance, risk, and compliance tasks as well as ensure that these elements align with the business objectives. 

The key features of the software include risk identification, risk assessment, mitigation planning, reporting, and preventive action planning.

Gartner defines integrated risk management as “a set of practices and processes supported by a risk-aware culture and enabling technologies that improve decision making and performance through an integrated view of how well an organization manages its unique set of risks”.

Risk management software helps organizations measure the level of risk in ongoing projects and processes, and then generate meaningful insights as well as an action plan.

The benefits of risk management software

  • Mitigate risks and address threats in a timely fashion: The sole purpose of risk management software is to identify threats and address those well within time. Unaddressed issues can result in project failure as well as scenarios that generate negative publicity or damage the brand. The software would ensure that your projects, processes, or audits follow the guidelines. Leaders can intervene as soon as they detect a change from the regular course of action and make early moves to mitigate the risk.
  • Create a risk-aware culture: The software can also maintain a risk register, which includes in-depth details about the risk, its indicators, impact, and the actions required to avoid/minimize it. An organized database helps businesses train employees on the risks, the impact, and the preventive actions to be taken. This helps in creating a workforce that’s more risk aware and trained to operate systematically.
  • Risk prioritization and assignment: No two risks have the same impact level. The software assesses the risk and assigns relevant scores to each risk. This helps businesses prioritize risks and escalate it to the concerned stakeholders. It saves the time taken to resolve the issue and ensures that the impact is minimal.

Typical features of risk management

  • Risk assessment: Assigns scores and ratings to risks or classifies issues based on multiple factors. Aggregates all the risk scores and categories from each assessment to create the business's risk register.
  • Dashboard: Sets and assigns key risk indicators (KRIs) and monitors these live on an interactive visual display. 
  • Alerts/Notifications: Allows you to set and configure alerts for critical events and receive notifications in case of a breach or failure.
  • Risk reporting: Defines and records the KRIs that measure the efficiency of a risk management program in a defined format. 
  • Compliance management: Ensures that risk management processes meet all the necessary regulatory compliance by defining and tracking processes and rules.
  • Auditing: Provides reports and tracks the status of risks and incidents to ensure accurate internal and external audits, so that businesses are always compliant.

Considerations when purchasing risk management

  • Define your expectations from the software: Risk management software offers broad functionality—from project risk management to financial risk management. Each type of software has its own set of key functionalities. Buyers should list their expectations from the software and then begin their search.
  • Plan for your budget: The software isn’t cheap—ranging from a few hundred to thousands of dollars per year. The advanced features cost more. Therefore, plan a budget and shortlist suitable vendors. We recommend shortlisting solutions that can meet the needs of your long-term business strategy.
  • Cognitive intelligence to augment traditional decision making: Advancement in cognitive technologies, artificial intelligence (AI), and real-time data analytics have advanced the scope of risk management. These smart machines can detect, predict, and prevent risks by self-learning and self-managing the defences against old and new threats. For instance, Warwick Analytics’ early warning and prevention system looks hours, days, and months ahead to predict when and how products in the field (such as aircraft and vehicles) will require maintenance. Identifying the root causes of failure helps them take corrective actions such as remanufacturing and redesigning products.
  • Risk management to be tied up with employee performance: These days, managers consider risk in terms of an employee’s ability to innovate current workflows. As risks are now measurable, the software allows businesses to relate risk with the desire to innovate existing processes. They can then create a balance between risks and rewards. This new strategy will encourage employees to make risk-informed decisions.