G2 Crowd builds the world's largest business commerce platform fueled by $100M in funding 🚀

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

Get personalized Operational Risk Management recommendations

1
2
3
Compare Operational Risk Management Software
    Results: 21

    Filters
    Star Rating

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

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


    Quality & Project Management for achieving and maintaining ISO 13485:2016, CE Mark or U.S.QSR (21CFR 820) for 510(K) Compliance Success. qmsWrapper integrates 5 separate software into 1 complete cloud based system, including Project, Risk, Document and Quality Management modules with built-in Team Messaging for the best Collaborative Compliance experience. Quality managers with little experience can easily step into the role and effectively start. Create safer, better, medical devices and get them to market faster.


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


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


    Compliance 360 enables a comprehensive approach to regulatory compliance, risk and audit management through a common enterprise-wide platform.


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


    Whether you face well-known or emerging risks, you need a robust enterprise risk manager and framework to navigate these management challenges or strategically seize opportunities.


    ARM one of the most audited risk management solutions in the world.


    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.


    Covers all aspects of the risk management process, ranging from initial risk identification, through risk assessment and evaluation to risk mitigation.


    Group Learner™ is a suite of ready-to-go eLearning Courses with a complete Enterprise LMS. Aimed at the Manual Workforce, such as manufacturing companies, Group Learner™ is the perfect solution to manage your training activity.


    Mapistry is a mapping tool that allows scientists, civil engineers, and city planners to quickly produce elegant maps.


    The Riliance system breaks compliance down into small manageable components making it easy to implement and control.


    Protecht is focused on establishing best practice risk management frameworks to enable corporations and government entities achieve their strategic objectives.


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


    Assess firmwide risk exposure intraday or in near-real time across all risk types, market, credit and liquidity. Our powerful risk engine technology runs risk calculations and aggregates results over an in-memory grid. The software can handle complex calculations very quickly and store large volumes of results so you can investigate risk information using on-demand hierarchies in near real-time. With fast, precise answers to questions about current and potential P&Ls, cash flows and risk exposures, you can make timely, well-informed decisions related to your portfolios, even in highly volatile and stressed environments.


    As the SAS risk engine, SAS Risk Dimensions supports a wide range of risk analysis methods. It provides the ideal user interface for quantitative risk analysts and model builders who need to configure models and risk analyses for market risk, credit risk, asset and liability management, and risk aggregation.


    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, .


    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.


    Verdantis Integrity acts as a Material Data Governance layer over companies' multiple ERP/MRP/ EAM systems.


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