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Top 10 Risk Management Solution Providers 2022

The risk landscape has been transformingtremendously fast and more notorious. Every day new risks and response strategies are around every corner. The outlines of new opportunities and new challenges for risk leaders—indeed, all organizational leaders—are already visible.

The technology side includes the IT infrastructure for centralizing and contextualizing information about risk management and automating risk policy enforcement. Sophisticated threat actors are actively targeting identity and access management infrastructure, and credentials that are widely being misused.

In a way, some of the modern digital propositions are fundamentally changing the risk profile of a firm. Technology-related risks, from resilience to cyber risks, may increase as heavy reliance is placed on technical infrastructure and previous manual alternatives are disbanded. Advanced risk management solutions with less human interaction – both internally and with customers are becoming part of the new trend. Artificial intelligence and Machine Learning enabled solutions are the differentiators today. Such solutions analyze data and collects inputs from external sources to precisely predict the ongoing risk landscape.

As the industry is filled with a lot of noise and a huge array of solutions creating a gap between the best and the right solutions, businesses need a guidance or a review to find the right partner that fits the exact requirements. This is where GRC Outlook Magazine is creating a difference with our “Top 10 risk management solution providers 2022” edition.

In this special edition, we’ve featured some of the most innovative and out of the box solution providers who are creating a wave in the industry.

Company:

AML Partners

Management:

Frank Cummings

Designation:

Co-Founder & CEO

Headquarters:

Concord, NH

Website:

amlpartners.com

AML Partners provides 'Award Winning'​ KYC, AML, OFAC, FinCEN314a, Case Management modules designed to assess, manage risk and streamline workflow. They possess extensive expertise in AML/CFT, behavioural risk, financial-services data systems, project management, and custom software design. AML Partners success is built upon providing the highest quality software in the industry that is easily adaptable in-house as customers ​ needs evolve.

Company:

Arctic Intelligence

Management:

Darren Cade

Designation:

CEO

Headquarters:

Sydney, NSW

Website:

arctic-intelligence.com

Arctic Intelligence provides risk assessment technology to calculate and present firm-wide risk profiles, identifying and highlighting high-risk areas and control gaps or weaknesses in financial crime. The company’s solutions, risk methodologies, and models have been developed by industry experts with years of experience managing financial crime risk and compliance functions and implementing compliance frameworks.

Company:

Bugcrowd

Management:

Casey Ellis

Designation:

Chairman, Founder & CTO

Headquarters:

San Francisco, CA

Website:

bugcrowd.com

Bugcrowd is the leading provider of crowdsourced cybersecurity solutions purpose-built to secure the digitally connected world. Today’s enterprise demands a proactive approach to cybersecurity—and Bugcrowd offers the only solution that orchestrates data, technology, and human intelligence to expose blind spots. The Bugcrowd Security Knowledge Platform enables businesses to do everything possible to protect their organization, reputation and customers with products like Bug Bounty, Pen Testing-as-a-Service, and more.

Company:

Clear Risk

Management:

Craig Rowe

Designation:

Co-Founder & CTO

Headquarters:

St. John's, Newfoundland

Website:

clearrisk.com

ClearRisk provides a full suite of integrated, cloud-based software solutions for claims, incident, vendor, and fleet management for organizations looking to streamline their risk management process and drastically reduce insurance claims cost. By implementing ClearRisk’s highly automated solutions, their customers are able to allocate their resources to analytical, high ROI initiatives, rather than spending hours collecting, organizing and entering data. Which Reduces their customers insurance and claims cost by 40-55%.

Company:

Conquest Cyber

Management:

Jeffrey J. Engle

Designation:

Chair & President

Headquarters:

Nashville, TN

Website:

conquestcyber.com

Conquest Cyber is a mission-driven, Special Operations-led integrated cyber resiliency software company created to address the reality that cyber risk is business risk. Originally established to address digital transformation challenges in enterprise, Conquest refocused on secure digital transformation and cyber resiliency. This led to the deployment of their flagship product ARMED and cemented their place on the front lines – creating a competitive advantage for our customers.

Company:

Cybrella

Management:

Alon Mantsur

Designation:

CEO

Headquarters:

Newton, Massachusetts

Website:

cybrella.com

Cybrella leverages the most advanced techniques and proven best practices to safeguard your organization from cyber threats. Cybrella is a provider of high-level cyber protection solutions for SMBs, large enterprises and governmental agencies. Specializing in delivering technology-agnostic third-party and proprietary solutions tailored to specific customer requirements, they provide cutting-edge cyber risk management, cyber training, and holistic cloud security services.

Company:

Ferret

Management:

Robert Loughan

Designation:

Co-Founder & CEO

Headquarters:

Santa Monica, CA

Website:

ferret.ai

Ferret is an AI platform architected from the ground up to empower companies and individuals with real-time, unbiased intelligence to identify risks and embrace opportunities. Leveraging cutting-edge AI and more than hundreds of thousands of global data sources, Ferret provides information — once only available to the financial industry — to all types of professionals, from angel investors to business leaders, making transparency the new norm.

Company:

Resilience Cyber Insurance Solutions

Management:

Mario Vitale

Designation:

President

Headquarters:

San Francisco, CA

Website:

resilienceinsurance.com

Resilience offer cyber insurance policies with a high level of personal service, market-leading coverage, and bespoke security solutions; available exclusively through their limited distribution network. Backed by the financial strength of their A+ rated capacity partner, Resilience is proud to combine comprehensive in-house claims expertise with their proven security leadership throughout the lifecycle of a policy.

Company:

Safepaas

Management:

Adil Khan

Designation:

CEO

Headquarters:

Dallas,TX

Website:

safepaas.com

SafePaaS is a complete information risk management platform. SafePaaS allows users to securely access, process, and monitor information on any device, from any source. SafePaaS is the solution for secure, rapid, and trusted information management in the cloud and on-premise applications. SafePaaS is a leading global provider of risk management solutions that help organizations efficiently monitor internal controls, intelligently manage risks, and optimally execute business processes to gain strategic advantage.

Company:

Whistleblowersecurity

Management:

Shannon Walker

Designation:

President

Headquarters:

West Vancouver, BC

Website:

whistleblowersecurity.com

WhistleBlower Security is the only B Corp, WEConnect International, and WBE Canada Certified company that helps organizations maintain company- wide cultures of open and collaborative communication. The company provides tools to promote anonymous ethics reporting and powerful case management