@RISK performs risk analysis using Monte Carlo simulation to show you many possible outcomes in your spreadsheet model and how likely each are to occur. It mathematically and objectively computes and tracks many different possible future scenarios, then tells you the probabilities and risks associated with each different one. This means you can judge which risks to take and which ones to avoid, allowing for the best decision-making under uncertainty. Learn more about @RISK
Financial Risk Management Software
We collected the best Financial Risk Management Software for your business in 2021. Compare product reviews and features, find new alternative tools and help your business to beat the competitors. Every business has unique characteristics, so we have compiled a software rating including descriptions, features, alternatives and compared with competitors. Find the perfect software for you.
Sort by:
Show by:
To Favorites
To Favorites
A1 Tracker project management software is robust and includes features to manage projects of all types. A1 Tracker is suitable for large enterprise businesses with project and task workflow. Learn more about A1 Tracker
To Favorites
Technical computing system that provides tools for image processing, geometry, visualization, machine learning, data mining, and more. Learn more about Wolfram Mathematica
To Favorites
Exceed Client Expectations With Wrike. Use Wrike’s project management software to take control of your resource planning and maximize profitability. Deliver Better Outcomes to Your Clients Streamline project management and client reporting with shared Dashboards and Reports. Automate inbound requests, and assign work to your team for faster client delivery. Collaborate with clients and their partners to track ideas, feedback, and approvals. Learn more about Wrike
To Favorites
A programming environment for algorithm development, data analysis, visualization, and numerical computation. Learn more about MATLAB
To Favorites
Onboard more customers with less friction while remaining compliant and competitive. Perform a complete digital footprint analysis to block customers using stolen and fake identities. Prevent account takeovers without slowing down the customer journey. Integrate SEON's fraud management solution with your financial platform and lower the fraud rate close to 0%. Book a 30-min demo and get a free 30-day trial! Learn more about SEON. Fraud Fighters
To Favorites
Tipalti provides the world's only end-to-end payables automation solution, eliminating 80% of the workload spent managing the entire global supplier payment operations. Tipalti's holistic cloud system includes supplier onboarding, tax form capture and validation, invoice processing, PO matching, payment method and currency selection, cross border remittance, early payments, supplier payment status communications, payment reconciliation, ERP integration, and tax filing preparation reporting. Learn more about Tipalti
To Favorites
Backstop's powerful, easy-to-use investment management software is tailor-made for institutional and alternative investment management professionals who are overwhelmed by the amount of data flowing into their inboxes and filing cabinets. Backstop's award-winning and industry-leading productivity suite incorporates the most essential tools for managing portfolios, monitoring research, performing IDD/ODD, raising capital, and servicing investors. Learn more about Backstop
To Favorites
Increase revenues and reduce fraud, affordably. Recognized in Gartner's 2021 Market Guide for Online Fraud Detection, Fraud.net is a leading fraud prevention and fraud detection platform for enterprises in the financial services and digital commerce sectors. Powerful SaaS solution combines AI & deep learning, collective intelligence, rules-based decision engines, and streaming analytics to detect fraud in real-time, at scale. Learn more about Fraud.net
To Favorites
AlternativeSoft's versatile platform redefines investment optimization, providing the most extensive set of quantitative tools available on the market for investment management, report creation and risk analysis. Highly intuitive and user friendly, our platform provides both a greater breadth of analytics and monitoring options all at a faster speed than other competing platforms. Featuring free customized fact sheets, free installation and free 24hr Learn more about AlternativeSoft
To Favorites
The Closing Docs is an automated income verification tool that allows property managers and lenders to make the best approval decisions. Using The Closing Docs enables property managers and lenders to expedite the review and approval process, while increasing the accuracy of their applicant's reported income. Learn more about The Closing Docs
To Favorites
Whether you need to check your spreadsheets or understand the structure and problems of your spreadsheets, ExcelAnalyzer is an Excel add-in for Microsoft Excel which allows you to analyze, identify, and correct errors in just seconds. It combines powerful error detection with investigative capabilities to review Excel spreadsheets. ExcelAnalyzer identifies errors and displays them within the spreadsheet using an easy, straightforward method, saving considerable amounts of TIME & MONEY. Learn more about Excel Analyzer
To Favorites
Riskturn is a web application for financial planning, integrating uncertainties. It presents a simple and intuitive interface to build probabilistic financial forecast in just 5 steps. The powerful model integrates financial and time variables of uncertainty in a cash flow forecast. Then, running a Monte Carlo simulation, it delivers a complete set of probabilistic financial indicators for single initiative or portfolio (e.g. probability to reach profitability target, VaR, CFaR, sensitivity...). Learn more about RISKTURN
To Favorites
The system is fully focused on automating the back-office of KYC and due diligence processes. It starts off from the aspect that it allows the client to fill in directly and upload all necessary docuements related to the entire on-boarding process. KYCP also automates the calculation of risk, based on pre-defined dynamic parameters which allows for instant automation on how the application should be handled. KYC Portal is a fully dynamic, risk-driven Client Lifecycle Management platform. Learn more about KYC Portal
To Favorites
Spreadsheet-based; for predictive modeling, forecasting, simulation, and optimization for insight into the factors affecting risk. Learn more about Oracle Crystal Ball
To Favorites
Transform your company's spreadsheets into self-service dashboards that stakeholders can use to independently test assumptions and answer 'what-if' questions. Automate scenarios, analytics and simulations. Share insights via self-service dashboards in a collaborative platform with an always up-to-date spreadsheet at the center. Learn more about Visyond
To Favorites
Pulley helps founders and hyper growth startups around the world manage their equity. Join the thousands of startups, law firms, and investors already using our cap table platform to manage and optimize their equity. Starting a company is hard enough. Managing a cap table shouldn't be. Pulley provides concierge onboarding with one-day onboarding and world-class support. Platform features include scenario modeling, 409A valuations, custom views for investors and employees, and more. Learn more about Pulley
To Favorites
Financial risk management solution that helps businesses to manage risks through a Monte Carlo simulation, risk analysis tools & more. Learn more about ModelRisk
To Favorites
Our platform connects business systems to banks. We work with finance and treasury professionals to simplify corporate banking, our solution: - Centralises corporate banking across accounts, countries and entities - Connects to core payment schemes like Swift, SEPA & Bacs - Automatically transforms payment files in to bank-ready formats, ISO20022 ready - Automates bank statement retrievals to save up to 95% on reconciliation times processes Learn more about AccessPay Platform
To Favorites
TOGGLE levels the playing field for active investors by putting hedge-fund grade tools within reach of all investors, not just professional ones. TOGGLE Copilot is a smart portfolio dashboard, available for free. Covering Valuations, Momentum, Growth, and more, get daily alerts on how changes in these metrics and data affect your securities. TOGGLE Pro is the full professional suite. From no-code data science to AI generated investing insights, never miss an opportunity again. Learn more about TOGGLE
Financial Risk Management Software
Risk management within constantly changing priorities is quite labor- and time-consuming. Through the use of automated systems, one can quickly and accurately assess risks and respond to them in a prompt manner. And financial risk management software is designed specifically for this purpose.
What is financial risk management software?
Financial risk management software is a set of tools which is used by companies to prevent or manage critical risks faced by all businesses, including financial, legal and regulatory requirements, as well as strategic and operational risks.
Financial risk management software can help to classify and trace risks so that you can prioritize the tasks needed to manage and / or overcome different common types of business risk.
Risk management solutions support enterprises throughout the entire risk lifecycle, from its recognition to assessment and afterwards to monitoring and potential risk elimination. Identify risks, their potential impact and set priorities on a scale.
- Financial risk insurance management.
- Development and implementation of preventive measures.
- Risk analysis.
- Risk Identification - Identifies and records the risks faced by the business.
- Risk Assessment - Assigns simple risk ratings or allows to develop detailed classifications based on multiple factors determined by separately-run business units.
- Monitoring and Testing - Identifies key risk indicators and records the effectiveness of the risk management processes.
- Reports and Dashboards - traces risks and decisions by using easy-to-understand visual reports and dashboards.
- Statutory and regulatory compliance - Ensures that your risk management processes meet all applicable compliance regulations.
- Document Management - Allows you to collaborate and share real-time documents and reports. Contains a knowledge database for new employees.
Properly used financial risk management software provides more effective work. Awareness can help through many potential setbacks or downtime in your business.
Implementation of financial risk management software involves:
- Systematic risk identification and mitigation will result in business culture development which recognizes risks and acts using relevant business strategy.
- Data organization. The introduction of new identified risks into the system allows you to continuously track them throughout the entire life cycle.
- Simplified prioritization due to a grading system.
- Workflow improvement for risk monitoring and mitigation. Use problem management and task tracking to allocate responsibilities for each step of risk monitoring.
- Using risk reports, analytics and metrics. Monitor each risk status and its escalation or elimination.