Provenir makes risk analytics faster and simpler for financial institutions. Our Provenir risk analytics and decisioning Platform is a powerful orchestration hub that can listen to any channel, integrate with any data service and operationalize any analytic model. We help clients process more applications with greater efficiency and increase sales conversions with instant, real-time risk decisioning. We serve clients in a broad range of financial verticals including consumer, commercial, cards Learn more about Provenir Platform
Compare @RISK и BowTieServer
Take a look at comparison of based on the customers reviews. The rating is calculated in real time from reviews of customers.
| Starting price | from 1 usd. | from 1 usd. |
| Who this service is for |
@RISK performs risk analysis using Monte Carlo simulation to show you many possible outcomes in your spreadsheet model and how likely each are to o... Read more |
BowTieServer is a corporate risk management application with a central database for risk management, incident management, management of controlling... Read more |
| Rating | ||
| Audit software features |
Risk Assessment
|
Risk Assessment
|
| Risk Management software features |
Legal Risk Management
Reputational Risk Management
Response Management
|
Legal Risk Management
Reputational Risk Management
Response Management
|
| Governance, Risk & Compliance (GRC) software features |
IT Risk Management
Internal Controls Management
|
IT Risk Management
Internal Controls Management
|
| Access Governance software features |
Compliance Management
Audit Management
|
Compliance Management
Audit Management
|
| Financial Risk Management software features |
Operational Risk Management
|
Operational Risk Management
|
| Business Process Management software features |
Business Process Control
|
Business Process Control
|
| AIOps Platforms software features |
Alerts/Notifications
|
Alerts/Notifications
|
| EDI software features |
Exceptions Management
|
Exceptions Management
|
| Business Performance Management software features |
Predictive Analytics
|
Predictive Analytics
|
| Complaint Management software features |
Corrective and Preventive Actions (CAPA)
|
Corrective and Preventive Actions (CAPA)
|
| Medical Transcription software features |
Mobile Access
|
Mobile Access
|
| Interface screenshot |
|
|
| Desktop & Mobile Platforms |
Cloud-hosted / box software 
|
Cloud-hosted / box software
Application 
|
| Support | Working hours, Online | Working hours, Online |
| Training |
Documentation
Webinars
Personal
Online
|
Documentation
Webinars
Personal
Online
|
| Reviews |
Feature rich software for Monte Carlo Simulation Benefits: Works within Excel as an add-in Easy to setup and use Distribution library is large, also like the distribution fitting option Drawbacks: There is no viewer available. User must have the @Risk license to interact with the results. You can always take screen shots but you cant interact... Read more Summary: Powerful Modeling Tool Benefits: The ease and efficiency @RISK allows you to model real business problems makes it a great tool to have. It provides a lot of insight with its large... Read more The ease and efficiency @RISK allows you to model real business problems makes it a great tool to have. It provides a lot of insight with its large amount of available tools to sort your collected data (tornado graphs, histograms, etc.) and can sort it further by correlation coefficients, total change, etc. It is also very easy to pick up. If you already have some fluency with Excel and basic knowledge of statistics you will be able to understand how to work @RISK very fast. Drawbacks: There is not a lot of critical things I have to say about @RISK as its functionality is as it should be. Although if I did have to choose I would s... Read more Summary: @RISK is an extremely functional tool for data modeling and has given me a great user experience since I began using it. Great Operations Tool! Benefits: There are several video tutorials available for questions you might have and this is a great tool for simulating several possible outcomes quickly.... Read more There are several video tutorials available for questions you might have and this is a great tool for simulating several possible outcomes quickly. Seems to be a lot of support available for troubleshooting and learning. Drawbacks: I liked least that I was limited by my own lack of knowledge of the potential and offerings of this product, but that may improve the more it is used. Summary: |
Be ahead! |
Alternative software
rating
3 (
2 reviews
)
rating
4 (
3 reviews
)
MetricStream Enterprise Risk Management and Operational Risk Management products enable a structured and systematic approach towards managing organizational risks. Built on the M7 Integrated Risk Platform - intelligent by design and supported by uniform risk assessment methodologies and standards, these products give organizations the ability to accurately understand risks and gain clear visibility into the top risks they face. Learn more about MetricStream Enterprise Risk Management
HighBond centralizes and simplifies core risk management activities in a single, integrated platform¿across the end-to-end risk process. The software also reduces subjectivity by seamlessly integrating risk indicators into the assessment process. Plus it helps distributed teams identify risks and aggregate risk assessments through remote workshops. As a result, risk management spends less time on process administration and more time effecting change. Learn more about HighBond
rating
4.7 (
3 reviews
)
A qualitative tool to help you identify, describe and communicate risks. The application is intuitive and easy to use. Users are able to learn to retrieve relevant risks, and add or edit risks with limited instruction. Pims Risk is more than a documentation database for historic risk development; it is a communication portal for risks within a company. It can easily be accessed by those that require access. Learn more about Pims Risk Management
rating
3.2 (
14 reviews
)
NAVRISK VISION is a comprehensive administration tool for General Liability, Medical Practice Liability, and Workers Compensation Claims with additional solutions for Analytics, RMIS, Policy Issuance, Safety and Property Appraisal. We serve clients in the alternative risk market including Self-Insureds, Public Risk Pools, Insurance Brokers, and TPAs. Learn more about NavRisk
rating
3.9 (
15 reviews
)
Multi-award winning cloud based QHSE Risk & Compliance Software, 1.5 million+ users, 200+ countries. Used by Fortune 500 companies to SMEs. All functions in one application, not modules. BI, Offline apps * Health and Safety Management * Risk Management * Incident Management * Quality Management * Environmental Management * Compliance Management * Contractor Management * Training & eLearning system * Business Intelligence system * Off-line apps - full mobility * SMARTForm builder Learn more about Integrum
Get a clear, simple overview of your risk register with all the control, guidance and visual cues you need to help embed a culture of Risk Management within your organisation. Visualise your Risk Register to properly manage your controls, actions, assurances and reviews and so mitigate your risks. Focus on whats important to get critical risks under control. Spend valuable time managing your risks, not wrestling with a spreadsheet. Learn more about Decision Time Risks
rating
5 (
2 reviews
)
Risk Radar Enterprise is an easy to use & intuitive ISO 31000 compliant web application for enterprise-wide, program, and project Risk, Opportunity & Issue (ROI) Management. It supports organizational management & reporting of ROI. RRE structured with a common, flexible & scalable enterprise framework that supports your organizational structure. It provides managers & their teams the real-time visibility via MS Word and PowerPoint direct outputs. Learn more about Risk Radar
FORM OpX is a comprehensive risk management software solution powered by real-time data insights and intuitive task distribution capabilities for anyone from anywhere. Our easy-to-use mobile app streamlines inspections, audits, & safety checklists so organizations can quickly and accurately track compliance, measure results, and reduce risk across the entire enterprise. With key features like dynamic form logic, and automatic alerts and escalations, FORM OpX is trusted by the world's top teams. Learn more about FORM OpX
rating
4.4 (
5 reviews
)
Protecht is a leading risk management group that understands risk. Protecht.ERM is its flagship GRC/ERM solution supporting risk assessment, risk culture surveys, KRIs and KPIs to support risk appetite statements, compliance attestations and obligations, treatment plans and audit. The flexible form builder and workflow engine allows any form to be created for incident recording, internal audit findings, WHS forms, policies, conflicts of interest and business continuity to name a few. Learn more about Protecht.ERM
Using Monte Carlo Simulation
Benefits:
Two things: documentation and the easiness to do networking which is very important for anybody who is interested on working in the area.
Drawbacks:
Would like to see more practical examples of BIG projects but I suppose many of them are property of the company that developed them.
Summary:
Monte Carlo simulation is a very useful tool that allows the user to incorporate variability to what otherwise would be a simple spreadsheet model ... Read more
Monte Carlo simulation is a very useful tool that allows the user to incorporate variability to what otherwise would be a simple spreadsheet model that uses average values. It is possible that if you use average values a project you are analysing will be profitable according to your analysis. When you incorporate variability while the expected profit is positive, can find that there is a high probability of the profit being really a loss. @risk is a software you can use to create this type of models. It is basically an Excel add-in that will allow you to transform your Excel model into a much more versatile one. When you run your model you obtain not only a point estimate but can look the spread of the estimates. Can also identify which input variables are critical and you can also do some sensitivity analysis to look into the potential effect of one or more of the inputs changing (for example, what could happen if interest rates change). The software is easy to use and it has an excellent manual as well as excellent online support. The company also organises on a regular basis very interesting conferences where case studies are presented by companies and these conferences are an opportunity to meet like minded people. I have been using the software mostly for teaching but past students are using them at their workplace with great success.