Financial teams should compare risk management software based on risk identification, exposure analysis, stress testing, reporting, compliance, scenario modeling, data integration, automation, scalability, security, and cost.
- SAS Risk Management: Supports risk analytics, stress testing, scenario analysis, reporting, and regulatory workflows.
- Moody’s Analytics: Provides credit risk, market risk, stress testing, portfolio analysis, and economic insights.
- Oracle Financial Services: Supports enterprise risk management, liquidity risk, market risk, credit risk, and regulatory reporting.
- FIS Risk Management: Provides financial risk analytics, market risk, liquidity management, and regulatory reporting.
- IBM OpenPages: Offers risk identification, controls, compliance management, reporting, and enterprise risk workflows.
- SAP Financial Risk Management: Supports market risk, credit risk, liquidity risk, treasury, and financial compliance.
- ActiveViam: Provides real-time risk analytics, stress testing, liquidity analysis, and trading risk management.
- Riskonnect: Supports enterprise risk management, risk reporting, compliance, and operational risk workflows.
- MetricStream: Provides enterprise risk management, compliance, controls, audit, and risk reporting.
- OneStream: Combines financial planning, reporting, consolidation, and risk-related financial analysis.
Financial teams should also compare risk coverage, data integration, scenario modeling, stress testing, reporting, regulatory support, automation, security, scalability, usability, implementation effort, and total cost before selecting a platform.