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10+ Best Operational Risk Management Softwares 2021

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.

Alternatives

Logo Name Rating CEO Pricing Founded Revenue Employees Location Reviews Customers
LogicGate 4.6 Matt Kunkel Custom 2015 $18 M 102+ Chicago 1847+ Reviews 4900000+
BWise 4.7 Robert Pijselman Custom 1994 $20.1 M 126+ Netherlands 1784+ Reviews 1600000+
MetricStream 4.6 Bruce Dahlgren Custom 1999 $240 M 1300+ Palo Alto 1478+ Reviews 1000000+
Xactium 4.5 Andy Evans Custom 2003 $6.4 M 44+ Sheffield 1784+ Reviews 4000000+
SAI360 4.5 Peter Granat $250.22 2003 $600 M 2368+ Chicago 1578+ Reviews 500+
RSA Archer 4.3 Rohit Ghai $55000 1982 $4.1 M 2700+ Massachusetts 1654+ Reviews 12500+
Cura Operational Risk Management 4.4 Cameron Forni Custom 2016 $15 M 56+ Portland 1547+ Reviews 600000+
Cority 4.4 Mark Wallace $10000 1985 $59 M 350+ Toronto 1874+ Reviews 1200+
Resolver Operational Risk Management 4.5 Will Anderson $10000 2000 $24 M 218+ Toronto 1687+ Reviews 1000000+
Enablon 4.7 Chris Joseph Custom 2000 $45 M 190+ Chicago 1854+ Reviews 1000000+

LogicGate

4.6 User Rating
Custom Price
Alerts/Notifications, Archiving & Retention, PCI Compliance Features
Overview
Branded as an innovative GRC software, LogicGate is a powerful risk management platform that optimizes various GRC processes. LogicGate has been accurately identifying and monitoring business risks since 2015. Since its release, the platform instantly captures millions of operations for their GRC processes, making the app recognized as one of the best operational risk management software to use.

BWise

4.7 User Rating
Custom Price
Internal Audit, Information Security, Compliance Management Features
Overview
BWise is another GRC software that also provides high-end operational risk management solutions. Founded in 1994, BWise pioneered in delivering extensive risk management solutions, making them recognized as one of the best risk management software. Today, with over 1.6 million users that trust the platform, BWise also becomes one of the highest-earning risk management providers, earning $20 million in revenue.

MetricStream

4.6 User Rating
Custom Price
Big Data Analytics, Mobility Multi-Lingual, Support Features Features
Overview
MetricStream is another leading GRC platform that allows companies to streamline and automate operational risk management. Branded as an independent market leader for providing integrated operational risk management features, MetricStream has agile solutions since 1999. With millions of customers that trust MetricStream, the platform becomes one of today's best operational risk management software under Bruce Dahlgren CEO.

Xactium

4.5 User Rating
Custom Price
2-Factor Authentication, Budgeting, CRM Integration Features
Overview
Xactium is an ai-driven risk management technology programmed for businesses and organizations. Established in 2003, Xactium offers a modern, intuitive, and fully cloud-based solution for high-end risk management, making the platform included in the best risk management software charts. Today, Xactium becomes part of the Riskonnect risk management provider after the company was acquired in 2020.

SAI360

4.5 User Rating
$250.22 Price
Data Privacy Management, Audit Management, Data Breach Notification Features
Overview
SAI360 is another leading operational risk management platform that helps organizations proactively manage operational risk. Established in 1994, SAI360 is one of the pioneering operational risk management providers. This platform offers state-of-the-art operational risk management capabilities, which makes the app trusted across thousands of companies and brands around the globe.

RSA Archer

4.3 User Rating
$55000 Price
Audit Management, Business Resiliency, Third Party Governance Features
Overview
RSA Archer is a robust operational risk management software that caters to large corporations. Since its inception in 1982, this cloud-based platform now has more than 12,500 businesses using its solution. Thanks to its current CEO, Rohit Ghai, RSA Archer will continue to offer its functionality. In order to learn more about this app, such as pricing, alternatives, key employees, etc., all you need to do is scroll down.

Cura Operational Risk Management

4.4 User Rating
Custom Price
Communicate, Risks Embed, Integrate Features
Overview
CURA Operational Risk Management is a web-based software that does exactly what its name suggests, and has been doing so since its inception in 2016. Today, it is now one of the more popular solutions with a customer base of more than 600,000 users from across all continents. Continue reading below to learn more about CURA Operational Risk Management.

Cority

4.4 User Rating
$10000 Price
Quality Management, Audit Management, Safety Management Features
Overview
Cority is a highly flexible and robust solution that provides a wide range of tools that help businesses manage risks. It is also one of the earliest solutions, having been made available in 1985. Today, though, Cority manages to generate an estimated $59 million per year in revenue. To learn more about this app, simply scroll down this page now.

Resolver Operational Risk Management

4.5 User Rating
$10000 Price
Disaster Recovery, Physical Security, Checkpoint Tracking Features
Overview
Resolver is among the longest-running operational risk management software in the market. It has been around since 2000. Resolver's CEO, James Walker, is continuing to pursue breakthroughs to improve Resolver's capabilities. His team's goal is to help other companies strengthen their security and risk management. There have been some case studies backing up how Resolver can protect organizations, which they speak truly. That said, Resolver is a good choice for every organization.

Enablon

4.7 User Rating
Custom Price
EHS Management, Audit and Compliance, Greenhouse Gas Management Features
Overview
Enablon is all-in-one sustainability, EHS, and operational risk management software tailored for businesses' risk management processes. Branded as one of the leading operational risk management software, Enablon has been delivering high-end solutions for thousands of businesses. Since its establishment in 2000, Enablon instantly gains multiple recognition, including the best operational risk management software for organizations.