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Operational Risk Management reviews by real, verified users. Find unbiased ratings on user satisfaction, features, and price based on the most reviews available anywhere.

Best Operational Risk Management Software

    Operational risk management software identifies, assesses, and addresses operational risks across all departments of a company. This type of software is used to prevent losses that may be caused by different factors such as human behavior, inconsistent processes, or issues related to technology. Companies use operational risk management solutions to define and implement strategies and plans required to streamline the management of operational risks. Compliance officers and managers from all departments of a company use operational risk management tools to share information and collaborate on risk mitigation and avoidance.

    Operational risk management software is often implemented as part of enterprise risk management or governance, risk, and compliance projects. This type of software consolidates data from multiple systems such as ERP systems or accounting software. Operational risk management tools can be integrated with other risk management software such as IT risk management software or environmental health and safety software.

    To qualify for inclusion in the Operational Risk Management category, a product must:

    Deliver various methodologies and frameworks for risk management
    Include standard processes for risk assessment and mitigation
    Provide workflows to define and assign tasks related to risk management
    Integrate and align operational risks with business processes
    Comply with laws and regulations or internal company policies
    Monitor the performance of the operational risk management activities
    Analyze operational incidents or losses and their impact on the company

    Compare Operational Risk Management Software

    G2 takes pride in showing unbiased reviews on user satisfaction in our ratings and reports. We do not allow paid placements in any of our ratings, rankings, or reports. Learn about our scoring methodologies.
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    (81)4.6 out of 5
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    Welcome to The LogicGate Risk Cloud. The LogicGate Risk Cloud™ is an end-to-end suite of applications that blend flexibility and out-of-the-box functionality to aggregate, manage, and mitigate the entire landscape of risk within an organization. Equipped with a quantitative understanding of their organization’s risk posture, business leaders can supercharge their risk programs and take on smarter risks and opportunities.

    (80)4.0 out of 5
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    SAI Global Risk, Ethics and Compliance empowers customers to focus on developing an effective integrated risk management solution with a combination of software and learning content. Together, with our expertise, organizations can build and foster a strong risk and compliance culture, integrate risk management business process and strengthen organizational ethics and employee behavior. SAI Global is a recognized leading provider of integrated risk management solutions. We help organizations pro

    (16)3.7 out of 5

    RSA Archer, you can manage risks, demonstrate compliance, and automate business processes.

    (19)4.5 out of 5
    Optimized for quick response

    The Fusion Framework® System aligns your strategic objectives to key risk management techniques through flexible and agile tools. You set the appropriate context to analyze, assess, monitor, and respond to risk, and integrate your data across the enterprise to make informed decisions. With Fusion Framework, you will see greater productivity and more impactful risk data as you establish your shared information foundation and program taxonomy.

    (4)4.6 out of 5
    Entry Level Price:$2,695 1 user/yr

    No matter what industry you're in, the DecisionTools Suite can help you make decisions with confidence. Take the guesswork out of big decisions, and plan strategies with confidence. With the DecisionTools Suite, you can assess risk and optimize decisions – right in your Excel spreadsheet. DecisionTools Suite includes the following products: @RISK PrecisionTree TopRank StatTools NeuralTools Evolver RISKOptimizer

    (3)5.0 out of 5

    Oversight Insights On Demand™ is a web-based software solution that automates spending program compliance by comprehensively analyzing expense report, purchase card, and accounts payable transactions to identify fraud, non-compliant purchases, and wasteful spending. Through visibility into the interaction between policy and behavior, Oversight offers opportunities for ongoing improvement, and helps organizations transform how they are managing risks in their spending programs. Key Differentiato

    (24)4.4 out of 5
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    Make the right business decisions, redefine the way your organization pursues opportunity and manages risk with Camms.Risk. Camms.Risk is an industry-recognized, flexible and easy to use software solution that offers rapid time to value and provides a comprehensive integrated approach to governance, risk and compliance. Camms work with organisations across multiple sectors on both a global and a local level, with our customers including: Menzies LLP, Royal Air Force, Shell, Johnson Matthey, Ro

    (2)4.3 out of 5

    Geospark Hyperion aggregates, analyzes, and alerts on events happening, or about to happen, anywhere in the world. Pulse is a machine learning model that generates continuously updating risk assessments for every country, 1,200 cities, and 6,000+ regions - covering every spot on the globe. Pulse learns what normal risk patterns look like anywhere in the world. These patterns allow the strategic thinker to identify long-term trends and the tactical operator to take action when stability is imp

    Use Financial Reporting Compliance Cloud Service to optimize controls within and outside your financial processes using an integrated solution as part of your Oracle ERP Cloud deployment

    (4)4.4 out of 5

    RPX Recovery Planner integrates with the RPX BCM software so that from a mobile device users can utilize Plans and easily manage crisis communications.

    (5)3.2 out of 5

    Sphera is the global provider of software solutions and information services for operational risk, environmental performance and product stewardship. Sphera helps organizations keep their people safe, their products sustainable and their operations productive through software innovation, proprietary information and expert-driven insights, .

    (1)1.5 out of 5

    Active Risk Manager (ARM) one of the most audited risk management solutions in the world.

    (1)3.5 out of 5

    Analytica is a platform for building models and decision-support applications. You use intuitive influence diagrams to structure models visually -- the way you think. Scale up rapidly and flexibly with Intelligent Arrays. Manage risk and uncertainty with efficient scenario and Monte Carlo analysis to find robust decision strategies. Discover what matters and why with smart sensitivity analysis. Deploy instantly from your desktop to the web. Build clear and effective models four times faster tha

    (1)2.5 out of 5

    The Aruvio Cloud GRC platform systematically improves business continuity management for organizations of any size.

    (1)4.5 out of 5

    BLR is a provider of compliance and training solutions in the hr-employment (DOL), compensation, safety (OSHA) and environmental (EPA) areas.

    (1)1.0 out of 5

    Enterprise cloud software that gives you complete control, visibility and real time reporting of every detail and aspect of safety and operational risk in your organisation.

    (1)4.0 out of 5

    (1)2.5 out of 5

    ModelRisk is an Excel add-in that allows the user to include uncertainty in their spreadsheet models.

    (12)4.7 out of 5

    Oplift is our mobile-first employee knowledge platform that can replace your outdated Intranet and neglected LMS. Perfect for improving employee knowledge in customer-facing, deskless and distributed teams. Available where your staff need it - on iOS, Android and the web. Used for giving employees on-demand access to knowledge, preboarding & onboarding new staff, sales enablement, microlearning, internal comms and compliance. It's helped companies like Virgin Media, Tesco and Next: Boost

    (1)5.0 out of 5

    Pro-evaluate is a SaaS product that proactively ensures that your business stays safe, compliant, mitigates risk and can react immediately and effectively when incidents do occur.

    (1)4.0 out of 5

    Symfact is an international company with an industry leading software solution for document and process management. We focus to provide a single software platform to address the multiple domains of Contract and Compliance Management. Our software helps you deal with Governance, Risk and Compliance, thereby reducing risk and increasing efficiency and productivity.

    (1)5.0 out of 5

    With Risk Management Center, you’ll stand out from the competition and become your clients’ lasting broker of record—the partner they trust for risk management assistance and guidance.https://www.kpa.io/risk-management-center

    (1)5.0 out of 5

    WolfPAC's online suite of enterprise risk assessment tools and risk management plans incorporate risks into a single, integrated solution.

    0 ratings

    Managing and identfying risk has never been so simple.

    0 ratings

    AC Risk Data Manager was built to meet the specific data requirements on time series data of risk management and new regulation such as FRTB, BCBS 239, Stress Testing and IPV.

    0 ratings

    AgenaRisk uses the latest developments from the field of Bayesian AI and probabilistic reasoning to model complex, risky problems and improve how decisions are made. You can use AgenaRisk to make predictions, perform diagnostics and make decisions by combining data and knowledge about complex causal and other dependencies in the real world. Our clients use AgenaRisk to model operational risk, systems safety & reliability, health risk, cyber-security risk and strategic financial planning.

    0 ratings

    Alcea RiskMgr is a management tool for effective risk management.

    0 ratings

    APEX Analytix helps companies to recover and prevent overpayments, improve processes, ensure compliant supplier relationships, and optimize working capital.

    0 ratings

    AQMetrics provides integrated compliance and risk management software to asset managers, investment managers and broker/dealer companies.

    0 ratings

    Aucerna is the energy industry’s leading provider of solutions for integrated planning, execution and reserves.

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