Top 10 Risk Management Solution Providers 2023
The availability of data, degree of connectedness, and decision-making speed have all grown as a result of the digital revolution. These innovations have the potential to be transformative, but they also carry the risk of widespread failure, security breaches, and a quick chain of negative effects. At the same time, reputational harm may start and spread swiftly because of social media and digital connectedness.
The risk-return profiles of organizations are undergoing huge structural changes as a result of the changing environment, and these changes will accelerate non-linearly. Companies must balance pressures from governments, investors, and society at large with concerns for their immediate financial health. Additionally, natural disasters are occurring more frequently and with greater severity. To navigate an uncertain future with rapid change, companies need dynamic and adaptable risk management. The maturity of risk management differs between businesses and sectors. Banks often have the most developed strategy, followed by businesses in sectors where safety is of the utmost importance, such as oil and gas, advanced manufacturing, and pharmaceuticals. To be more ready for the new normal, we do think that almost all firms need to update and improve their risk management strategies.
To make this process more streamlined, our team of researchers, analysts, and editorial team has shortlisted a set of companies that stand out from the crowd. The companies included in the list offer some of the most innovative as well as exclusive solutions that could create an impact in the Risk management sector.
Company:
Aclaimant
Management:
David Wald
Designation:
CEO
Headquarters:
Chicago, IL
Website:
aclaimant.com
Aclaimant is a cloud-based workplace safety and risk management platform that helps organizations manage and mitigate workplace incidents and claims. The platform uses automation, data analytics, and collaboration tools to streamline incident reporting, investigation, and resolution processes.
Company:
Fusion Risk Management
Management:
Michael Campbell
Designation:
CEO
Headquarters:
Chicago, IL
Website:
fusionrm.com
Fusion Risk Management is a software company that provides enterprise risk management and business continuity solutions to organizations. Their platform offers a comprehensive suite of tools and services that help companies prepare for and respond to potential disruptions, such as natural disasters, cyber-attacks, and supply chain disruptions.
Company:
Gatekeeper
Management:
Patrick O'Connor
Designation:
CEO
Headquarters:
UK
Website:
gatekeeperhq.com
Gatekeeper is a cloud-based contract management software designed to help businesses manage their contracts more efficiently. The software provides a centralized repository for all contracts, as well as automated workflows for contract approval, renewal, and compliance management.
Company:
Halock
Management:
Jim Mirochnik
Designation:
CEO
Headquarters:
Schaumburg, IL
Website:
halock.com
HALOCK Security Labs is a cybersecurity consulting firm that provides a range of services to help businesses and organizations manage their cybersecurity risks. Some of the services offered by HALOCK Security Labs include penetration testing, vulnerability assessments, compliance assessments, risk assessments, security program development, incident response, and cybersecurity training.
Company:
LogicGate
Management:
Matt Kunkel
Designation:
CEO
Headquarters:
Chicago, IL
Website:
logicgate.com
LogicGate's GRC software platform include risk assessment and mapping, controls monitoring and testing, issue tracking and remediation, and policy and procedure management. The platform also includes workflow automation, analytics, and reporting features to help organizations streamline their GRC processes and gain insights into their risk and compliance performance.
Company:
Ncontracts
Management:
Michael Berman
Designation:
CEO
Headquarters:
Brentwood, TN
Website:
ncontracts.com
Ncontracts offers a cloud-based platform that enables financial institutions to manage risks related to vendor management, enterprise risk management, business continuity planning, and compliance management. The platform includes features such as vendor risk assessments, vendor due diligence, contract management, regulatory compliance management, policy management, and reporting.
Company:
NopSec
Management:
Lisa Xu
Designation:
CEO
Headquarters:
New York, NY
Website:
nopsec.com
"NopSec offers a whole-brain approach to vulnerability prioritization. The company has infused its years of offensive security expertise into a patented algorithm that prioritizes vulnerabilities for remediation based on each company’s unique environment. As a result, companies spend less time fixing flaws and proactively improve their risk exposure by scalably addressing what matters most to them. "
Company:
Oversight
Management:
Terrence McCrossan
Designation:
CEO
Headquarters:
Atlanta, GA
Website:
oversight.com
Company:
SambaSafety
Management:
Matt Scheuing
Designation:
CEO
Headquarters:
Denver, CO
Website:
sambasafety.com
SambaSafety is a software company that provides driver risk management solutions to organizations. Their products use data analytics to assess driver risk and help companies make informed decisions about who is driving for them. SambaSafety's solutions include driver monitoring, driver training, and fleet management tools. They serve a variety of industries, including transportation, insurance, and government.
Company:
Sigma Ratings
Management:
Stuart Jones
Designation:
CEO
Headquarters:
New York, NY
Website:
sigmaratings.com
Sigma Ratings, is a company that provides data-driven insights and ratings for global financial institutions. Sigma Ratings helps financial institutions to better manage risks and comply with regulations by providing objective ratings of the risks associated with their customers, partners, and counterparties.