# Best Operational Risk Management Software - Page 5

## How Many Operational Risk Management Software Products Does G2 Track?

**Total Products under this Category:** 112

### Category Stats (Aug 2026)

- **Average Rating:** 4.37/5 (↓0.01 vs Jul 2026) The average rating of products in this category, based on all submitted ratings
- **Top Trending Product:** SAI360 (+0.63%) - Among all products in this category, SAI360 recorded the largest rating increase compared to last month

_Last updated: August 06, 2026_

## How Does G2 Rank Operational Risk Management Software Products?

**Why You Can Trust G2's Software Rankings:**

- 30 Analysts and Data Experts
- 3,900+ Authentic Reviews
- 112+ Products
- Unbiased Rankings

G2's software rankings are built on verified user reviews, rigorous moderation, and a consistent research methodology maintained by a team of analysts and data experts. Each product is measured using the same transparent criteria, with no paid placement or vendor influence. While reviews reflect real user experiences, which can be subjective, they offer valuable insight into how software performs in the hands of professionals. Together, these inputs power the G2 Score, a standardized way to compare tools within every category.

## G2 Grid® for Operational Risk Management Software
 ![G2 Grid® for Operational Risk Management Software plotting products by satisfaction and market presence](https://www.g2.com/categories/operational-risk-management/grids.png?focus%5B%5D=339&focus%5B%5D=1217079&focus%5B%5D=955&focus%5B%5D=55255&focus%5B%5D=144618&focus%5B%5D=18054&focus%5B%5D=140475&focus%5B%5D=953)

Highlighted products: Everbridge 360 (Critical Event Management), Pirani, SAP Risk Management, ServiceNow Governance, Risk, and Compliance (GRC), Ncontracts, SAI360, GlobalSuite, and IBM OpenPages.

Underlying data: [Grid® JSON](https://www.g2.com/categories/operational-risk-management/grids.json?focus%5B%5D=everbridge-360-critical-event-management&focus%5B%5D=pirani&focus%5B%5D=sap-risk-management&focus%5B%5D=servicenow-governance-risk-and-compliance-grc&focus%5B%5D=ncontracts-ncontracts&focus%5B%5D=sai360&focus%5B%5D=globalsuite&focus%5B%5D=ibm-openpages)

**Sponsored**

### Noggin

Noggin is an industry-leader in safety, security, and critical event management technology with its next-generation, software platform. The award-winning Noggin platform provides an all-hazards approach to incident management, housing all of the tools needed to help make informed decisions and respond effectively to any incident, large or small. The Noggin platform includes solutions for: business continuity, crisis management, work safety, emergency management, and operational security.

[Visit website](https://www.g2.com/external_clickthroughs/record?secure%5Bad_program%5D=ppc&secure%5Bad_slot%5D=category_product_list_llm&secure%5Bcategory_id%5D=1443&secure%5Bchosen_at%5D=2026-08-08T23%3A30%3A57Z&secure%5Bdisplayable_resource_id%5D=1443&secure%5Bdisplayable_resource_type%5D=Category&secure%5Bmedium%5D=sponsored&secure%5Bplacement_reason%5D=page_category&secure%5Bplacement_resource_ids%5D%5B%5D=1443&secure%5Bprioritized%5D=false&secure%5Bproduct_id%5D=70543&secure%5Bresource_id%5D=1443&secure%5Bresource_type%5D=Category&secure%5Bsource_type%5D=category_page&secure%5Bsource_url%5D=https%3A%2F%2Fwww.g2.com%2Fcategories%2Foperational-risk-management%3Fpage%3D5%26query%3Drisk%2Bmanagement&secure%5Btoken%5D=13bea75065b9fe15ef64e2c5a6e9a4e36f13ec46e0cf07b405ac37396347ac35&secure%5Burl%5D=https%3A%2F%2Fwww.noggin.io&secure%5Burl_type%5D=company_website)

### [Compliance Builder](https://www.g2.com/products/compliance-builder/reviews)

Compliance Builder™ is a real-time monitoring solution designed to enable 21 CFR Part 11 compliance, providing data integrity across IT systems such as file systems, database systems, laboratory or manufacturing instruments. By generating an audit trail and enabling electronic signatures, ComplianceBuilder allows you to securely track changes across all IT subsystems including file systems, databases, laboratory or manufacturing process equipment. It can be configured to monitor any file-based system for changes, including additions, deletions, and file modifications.

#### Who Is the Company Behind Compliance Builder?

- **Seller:** [Xybion](https://www.g2.com/sellers/xybion)
- **Year Founded:** 1977
- **HQ Location:** Princeton, New Jersey
- **Twitter:** @Xybion  
1,034 Twitter followers
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=cbefe1bde37e841d20a42c36f8b0783f5c6791a54dcfb7d1c08b72d8ab913e4e&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fxybion-digital%2F&secure%5Burl_type%5D=linkedin_company_website)  
240 employees on LinkedIn®
- **Ownership:** TSXV: XYBN

### [ControlNet](https://www.g2.com/products/controlnet/reviews)

ControlNet is an end-to-end control and risk management software system that allows organisations to manage their risk and control environments in a cost-effective and secure way, with ease.

#### Who Is the Company Behind ControlNet?

- **Seller:** [CONTROLNET LTD](https://www.g2.com/sellers/controlnet-ltd)
- **Year Founded:** 2015
- **HQ Location:** City of London, GB
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=fbf3b68c0c66a177bbd73e7b2cb1fc0edfe2f78a7d4d5d89f216c8b26f0349fe&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fcontrolnetlimiteduk%2F&secure%5Burl_type%5D=linkedin_company_website)  
5 employees on LinkedIn®

### [Corizance](https://www.g2.com/products/corizance/reviews)

Corizance is an award winning risk management platform that uses AI for connected risk management. Conventional risk management requires you to have multiple applications, therefore costing you time and money to gain any insight of significance. With Corizance, you can track all forms of non-financial risk in just one place, and in real-time. Achieve true digital agility with Corizance and future-proof your operations.

#### Who Is the Company Behind Corizance?

- **Seller:** [Corizance](https://www.g2.com/sellers/corizance)
- **Year Founded:** 2018
- **HQ Location:** London, GB
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=a21170a022a758a1736b48862638d12c8ae8a4c399a1c7d2c788255257badb95&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fcorizance%2F&secure%5Burl_type%5D=linkedin_company_website)  
9 employees on LinkedIn®

### [Cura Assessor](https://www.g2.com/products/cura-assessor/reviews)

Cura's Enterprise Risk Management (ERM) software solutions enable organizations to better manage risk and take advantage of opportunities relating to business objectives and goals. Cura provides a powerful and flexible framework for managing risk, allowing organizations to identify, analyze, evaluate and treat both risks and opportunities in order to protect the corporate brand, create value for shareholders, owners, employees, customers and regulators.

#### Who Is the Company Behind Cura Assessor?

- **Seller:** [CURA Software](https://www.g2.com/sellers/cura-software)
- **Year Founded:** 2002
- **HQ Location:** Hyderabad, IN
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=4989eca44aadfae2b8d1490502c748010395c6c1a048d044568e095a3c8e2fc4&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fcura-software-solutions&secure%5Burl_type%5D=linkedin_company_website)  
115 employees on LinkedIn®

### [Cyrima](https://www.g2.com/products/cyrima/reviews)

Cyrima is a system for managing information security and risk. It helps organizations stay compliant with EU regulations such as NIS2, GDPR, and DORA. Integrated with Jira Cloud, it offers ready-to-use solutions for security and compliance — including predefined tasks, structured processes, and tools for systematic project risk management.

#### Who Is the Company Behind Cyrima?

- **Seller:** [SEDIVIO](https://www.g2.com/sellers/sedivio)
- **Year Founded:** 2006
- **HQ Location:** Warszawa, PL
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=6f3212dd72f927686b17af905f2782363b35ed81b58b6a731157e3ae9f228a05&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fsedivio%2F&secure%5Burl_type%5D=linkedin_company_website)  
34 employees on LinkedIn®

### [DeepCyc – Climate Connected Probabilistic Tropical Cyclone Events](https://www.g2.com/products/deepcyc-climate-connected-probabilistic-tropical-cyclone-events/reviews)

DeepCyc is an advanced probabilistic modeling tool designed to assess tropical cyclone risks by integrating climate data and statistical analysis. It provides detailed insights into the frequency, intensity, and potential impact of tropical cyclones, enabling users to make informed decisions regarding risk management and mitigation strategies.

#### Who Is the Company Behind DeepCyc – Climate Connected Probabilistic Tropical Cyclone Events?

- **Seller:** [Reask](https://www.g2.com/sellers/reask)
- **Year Founded:** 2018
- **HQ Location:** Sydney, AU
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=56f3e955eeb4d8f080db7f252634d958d9b3281eb4e78e068fc9f380215077f4&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Freask-earth&secure%5Burl_type%5D=linkedin_company_website)  
23 employees on LinkedIn®

### [Dmaze](https://www.g2.com/products/dmaze/reviews)

UXRisk is a modern risk management solution for the global market made easily available for every kind of organisation and ensuring that all users are engaged.

#### Who Is the Company Behind Dmaze?

- **Seller:** [Dmaze](https://www.g2.com/sellers/dmaze)
- **HQ Location:** N/A
- **Twitter:** @UXRisk  
69 Twitter followers
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=0d2b524b51ff1f673f274974eaa9b8f1824c1c1dc88bc2c111dd56a44a364d4f&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fdmaze%2F&secure%5Burl_type%5D=linkedin_company_website)  
1 employees on LinkedIn®

### [Early Warning Systems](https://www.g2.com/products/early-warning-systems/reviews)

Beyond Weather's Early Warning Systems are advanced solutions designed to provide timely and accurate alerts for impending weather hazards, enabling communities and organizations to take proactive measures to mitigate risks. By leveraging cutting-edge meteorological data and predictive analytics, these systems deliver critical information that helps safeguard lives and property.

#### Who Is the Company Behind Early Warning Systems?

- **Seller:** [Beyond Weather](https://www.g2.com/sellers/beyond-weather)
- **Year Founded:** 2023
- **HQ Location:** Utrecht, NL
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=1bf6eb967348e5dfbe379a4841b8c365ca97b3f5b88337a7120c794c8044f870&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fbeyondweather&secure%5Burl_type%5D=linkedin_company_website)  
7 employees on LinkedIn®

### [Enterprise OpRiskCenter](https://www.g2.com/products/enterprise-opriskcenter/reviews)

Operational risk management functionality built on an enterprise-wide foundation covering organizational, process, and data management functionality

#### Who Is the Company Behind Enterprise OpRiskCenter?

- **Seller:** [Centerprise Services](https://www.g2.com/sellers/centerprise-services)
- **Year Founded:** 1999
- **HQ Location:** White Plains, US
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=c44baeaaf55f84cbcfbd979ef1bea171d65df545961dee7a5ae59fec926e3006&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fcenterprise-services%2F&secure%5Burl_type%5D=linkedin_company_website)  
12 employees on LinkedIn®

### [EQS Risks](https://www.g2.com/products/eqs-risks/reviews)

Identify potential issues early by connecting data across your organization, prioritize their mitigation, and achieve real-time insights into your risk status.

#### Who Is the Company Behind EQS Risks?

- **Seller:** [EQS Group](https://www.g2.com/sellers/eqs-group)
- **Year Founded:** 2000
- **HQ Location:** München, DE
- **Twitter:** @eqsgroup  
1,430 Twitter followers
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=781af11ac685c168a85060e3e8a6fbc63d3990f2270e6c9e6d9a50bcf8fc86ff&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Feqs-group%2F&secure%5Burl_type%5D=linkedin_company_website)  
633 employees on LinkedIn®
- **Ownership:** ETR: EQS

### [Experian AML Back Book Assessment (UK)](https://www.g2.com/products/experian-aml-back-book-assessment-uk/reviews)

Experian's AML Back Book Assessment is a comprehensive solution designed to help businesses efficiently verify and manage their existing customer portfolios in compliance with Anti-Money Laundering (AML) regulations. By leveraging advanced data analytics and daily updates from authoritative sources, this service enables organizations to gain a clear understanding of complex corporate structures, identify beneficial owners, and assess potential risks associated with their business clients. Key Features and Functionality: - Daily Data Updates: Integrates daily feeds from Companies House to ensure the most current information is available. - Advanced Corporate Analysis: Utilizes unique algorithms to analyze shareholder and director data, uncovering all layers of a company's structure. - Beneficial Ownership Identification: Calculates individuals with shares or voting rights of 10% or more, and incorporates Persons of Significant Control (PSC) data to identify those with control over the business. - Risk Mitigation: Screens existing business customer back books to reduce the risk of missing hidden or changing information. - Automated Checks: Provides efficient, consistent automated checks to enhance the customer experience. - AML Scoring: Establishes AML scoring to assess the risk profile of the customer portfolio in terms of geography, entity, and industry. - Regulatory Compliance Support: Assists with meeting Financial Crime Compliance regulatory requirements. Primary Value and User Solutions: The AML Back Book Assessment addresses the challenges businesses face in maintaining up-to-date and accurate information on their existing customers, particularly those with complex or opaque structures. By automating the verification process and providing detailed insights into corporate ownership and control, the service enables organizations to make informed, risk-based decisions quickly and confidently. This not only ensures compliance with AML regulations but also enhances operational efficiency and customer satisfaction by reducing delays and manual intervention.

#### Who Is the Company Behind Experian AML Back Book Assessment (UK)?

- **Seller:** [Experian](https://www.g2.com/sellers/experian)
- **Year Founded:** 1826
- **HQ Location:** Dublin, Ireland
- **Twitter:** @Experian\_US  
38,771 Twitter followers
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=5f2ce141b811b45a47c23e9ebeb00646a160dd7e6e16b8de67f2a6ca6a4f4065&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fexperian&secure%5Burl_type%5D=linkedin_company_website)  
26,191 employees on LinkedIn®
- **Ownership:** LSE: EXPNL

### [Experian FRAML Score (UK)](https://www.g2.com/products/experian-framl-score-uk/reviews)

Experian's FRAML Score is an innovative solution designed to enhance the detection and prevention of financial crime by integrating fraud detection and Anti-Money Laundering (AML) processes. By leveraging analytical insights from key data sources, the FRAML Score aids both AML and fraud teams in identifying suspicious activities and managing risks throughout the customer journey. Key Features and Functionality: - Data-Driven Analysis: Utilizes variations of AML Flags, including Adverse Markers and Cashflow Profiles, to assess potential risks associated with businesses. - Customizable Risk Assessment: Allows organizations to set customizable cut-off scores based on their specific risk appetite, facilitating tailored risk management strategies. - Integration with Existing Processes: Can be seamlessly incorporated into existing workflows, enhancing Know Your Business (KYB) processes and compliance measures. - Bespoke Analytics Engagement: Offers the option for a tailored model built upon an organization's own data, providing personalized insights and risk assessments. Primary Value and User Solutions: The FRAML Score empowers organizations to quickly and accurately identify risks, reduce false positives, and automate manual processes, thereby enhancing customer experience while ensuring regulatory compliance. By combining fraud and AML best practices, it provides a comprehensive understanding of commercial customers and the individuals behind businesses, enabling proactive risk management and the early detection of suspicious behavior.

#### Who Is the Company Behind Experian FRAML Score (UK)?

- **Seller:** [Experian](https://www.g2.com/sellers/experian)
- **Year Founded:** 1826
- **HQ Location:** Dublin, Ireland
- **Twitter:** @Experian\_US  
38,771 Twitter followers
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=5f2ce141b811b45a47c23e9ebeb00646a160dd7e6e16b8de67f2a6ca6a4f4065&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fexperian&secure%5Burl_type%5D=linkedin_company_website)  
26,191 employees on LinkedIn®
- **Ownership:** LSE: EXPNL

### [GOAT Risk](https://www.g2.com/products/goat-risk/reviews)

GOAT Risk™ is an award-winning, low cost, cloud-based platform that makes risk management simple, fast, and effective. Designed for organisations of all sizes, GOAT replaces outdated spreadsheets with a dynamic, easy-to-use solution - perfect for both risk experts and non-experts alike. With a powerful yet intuitive interface, you can streamline risk management and assurance activities in a single source of the truth. There's no setup or installation costs. And no minimum term. Just an effective, low-cost risk management solution starting from £30 per month. With fast collaboration, powerful 1-click reporting, and a great user experience, GOAT drives accountability and ownership, saving you time and effort. Highly configurable for a huge variety of use cases, GOAT helps you stay ahead.

#### Who Is the Company Behind GOAT Risk?

- **Seller:** [Goat Risk Solutions Limited](https://www.g2.com/sellers/goat-risk-solutions-limited)
- **Year Founded:** 2018
- **HQ Location:** Gerrards Cross, GB
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=5d39e6fb067885b0dfcfa144e73542761429d4b47d0bf317df9b7a337a685b9d&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2F18949403&secure%5Burl_type%5D=linkedin_company_website)  
3 employees on LinkedIn®

### [Granite Risk Management](https://www.g2.com/products/granite-partners-ltd-granite-risk-management/reviews)

Granite Risk Management is a low cost and customisable risk management software. Granite Risk Management comes with ready-made risk management templates, adaptable workflows, automated action tracking and incident reporting. With Granite users can connect data-led risk metrics with stakeholders, manage performance and share risk and control data across the enterprise and between divisions.

#### Who Is the Company Behind Granite Risk Management?

- **Seller:** [Granite Partners Ltd.](https://www.g2.com/sellers/granite-partners-ltd)
- **Year Founded:** 2005
- **HQ Location:** Tampere, FI
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=60b10d3b6461e448dfe969942bafdd8508718d4b095113fb434c01a35770ae09&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2F2230136&secure%5Burl_type%5D=linkedin_company_website)  
27 employees on LinkedIn®

### [Haz360](https://www.g2.com/products/haz360/reviews)

Haz360 is a cloud based Integrated PHA software for owners with multiple assets. Key benefits of Haz360 are: 1. Cost Savings (due to reduction of cost of a catastrophic event or a regulatory fine) 2. Increased efficiency (due to automation, reduced manual errors, improved collaboration, traceability - typically can cut preparation time by 70%) 3. Better Knowledge capture (when experienced engineers retire, their "tribal knowledge" walks out the door. Our software captures this knowledge, preventing the company from repeating past mistakes. We can implement AI/ML to assist training Junior engineers - Other challenge is Gen Zs are not very keen to work in a factory environment) 4. 100% Ownership of Client Data (Clients can host the Data and Application anywhere their IT team prefer). We have separated the application and data completely for better Data Security. Clients can confidently upload their P&ID, SIF, Alarms, SIS and others for continuity from Pre-FEED to FEED to EPC to Commissioning to Operations & Maintenance as a Single Source of Knowledge. 5. Flexible Customization without Programming (easy to implement in hours instead of months with readily available standard templates as well as can create new ones). Haz360 is fully integrated with PHA (HAZOP), SIL Classification, SIL Verification, Bowtie Barrier Management, Safety Critical Elements, Action Closeout, Management of Change Workflow, Incident Reporting, Alarm Rationalization and more.

#### Who Is the Company Behind Haz360?

- **Seller:** [IRESC](https://www.g2.com/sellers/iresc)
- **Year Founded:** 2012
- **HQ Location:** Hong Kong, HK
- **LinkedIn® Page:** [www.linkedin.com](https://www.g2.com/external_clickthroughs/record?secure%5Bsource_type%5D=product_profile&secure%5Btoken%5D=f484494a175c804897a28d3216fa7e0b37c8c4718d18c09445c9b2eb14676b71&secure%5Burl%5D=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Firesc%2F&secure%5Burl_type%5D=linkedin_company_website)  
54 employees on LinkedIn®

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Spotlight Categories

[Third Party & Supplier Risk Management Software](https://www.g2.com/categories/third-party-supplier-risk-management)

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[ETL Tools](https://www.g2.com/categories/etl-tools)

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[Browse Operational Risk Management Themes](/categories/operational-risk-management/themes)

 ![Lauren Worth](/assets/transparent-ad5be28fbcd25b7b08d2cebe1d957125437fb5407d75ee717965ad22c8808791.gif "Lauren Worth")
LW

Researched and written by [Lauren Worth](https://research.g2.com/insights/author/lauren-worth)

Updated April 9, 2026

Operational risk management software identifies, assesses, and mitigates operational risks across an organization to prevent losses stemming from human behavior, inconsistent processes, technology issues, or external events. These tools centralize risk strategies, streamline collaboration among compliance teams and department managers, and support broader governance, risk, and compliance (GRC) efforts and [enterprise risk management](https://www.g2.com/categories/enterprise-risk-management-erm) efforts.

Operational risk management solutions often integrate with systems such as [ERP systems](https://www.g2.com/categories/erp-systems), [accounting software](https://www.g2.com/categories/accounting), [IT risk management tools](https://www.g2.com/categories/it-risk-management), and [EHS software](https://www.g2.com/categories/environmental-health-and-safety), while also supporting business resilience initiatives alongside tools like [business continuity management software](https://www.g2.com/categories/business-continuity-management-software).

### Core Capabilities of Operational Risk Management Software

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

- Support methodologies, frameworks, laws, and regulations for operational risk management such as ISO 31000 and COSO
- Provide workflows to define and assign tasks related to operational risk management
- Utilize heat maps, risk scoring, scenario analysis, dynamic dashboards, and other risk assessment metrics for analysis and reporting
- Integrate and align operational risks with business processes and company policies
- Analyze operational incidents and facilitate remediation

### How Operational Risk Management Software Differs from Other Tools

Operational risk management software focuses specifically on identifying and mitigating risks tied to day-to-day operations, whereas broader [GRC platforms](https://www.g2.com/categories/grc-tools) encompass governance and compliance initiatives beyond operational processes. These tools also differ from [incident management systems](https://www.g2.com/categories/incident-management) by combining risk identification, scoring, analysis, and remediation within a unified operational context.

### Insights from G2 on Operational Risk Management Software

Based on category trends on G2, the value of centralized risk visibility, customizable workflows, and the ability to integrate risk insights across departments. These platforms also emphasize the importance of intuitive dashboards and scenario analysis capabilities that help them proactively manage and mitigate operational risks.

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