"Compliance Risk Assessment Tools: A Comprehensive Guide to Tools for Identifying and Mitigating Compliance Risks"

1. MetricStream Compliance Risk Assessment

• Description: A comprehensive tool for managing compliance risks, including regulatory compliance, policy management, and audits.

• Source: MetricStream

• Key Features:

  • Risk assessment workflows

  • Regulatory change management

  • Compliance analytics and reporting

2. NAVEX Global RiskRate

• Description: A risk assessment tool designed to help organizations prioritize and manage compliance risks.

• Source: NAVEX Global

• Key Features:

  • Risk scoring and heat maps

  • Customizable risk assessment templates

  • Integration with compliance management systems

3. OneTrust Compliance Risk Management

• Description: A platform that integrates compliance risk assessment with privacy, security, and ethics management.

• Source: OneTrust

• Key Features:

  • Automated risk assessments

  • Regulatory intelligence

  • Real-time risk monitoring

4. LogicGate Risk Cloud

• Description: A flexible GRC (Governance, Risk, and Compliance) platform for risk assessment and compliance management.

• Source: LogicGate

• Key Features:

  • Customizable risk assessment workflows

  • Risk quantification and prioritization

  • Integration with third-party tools

5. RSA Archer Compliance Management

• Description: A tool for assessing and managing compliance risks across multiple regulatory frameworks.

• Source: RSA Archer

• Key Features:

  • Regulatory change tracking

  • Risk assessment templates

  • Compliance reporting and dashboards

6. SAP GRC (Governance, Risk, and Compliance)

• Description: A tool for managing compliance risks, including financial, operational, and regulatory risks.

• Source: SAP GRC

• Key Features:

  • Automated risk assessments

  • Policy and control management

  • Real-time risk monitoring

7. IBM OpenPages with Watson

• Description: A GRC platform that uses AI to assess and manage compliance risks.

• Source: IBM OpenPages

• Key Features:

  • AI-driven risk insights

  • Regulatory compliance management

  • Risk assessment workflows

8. ServiceNow Governance, Risk, and Compliance (GRC)

• Description: A tool for assessing and managing compliance risks within the ServiceNow platform.

• Source: ServiceNow GRC

• Key Features:

  • Risk assessment automation

  • Policy and control management

  • Integration with IT and business processes

9. Diligent HighBond (formerly Galvanize)

• Description: A GRC platform for compliance risk assessment, audit management, and regulatory compliance.

• Source: Diligent HighBond

• Key Features:

  • Risk assessment workflows

  • Regulatory change tracking

  • Compliance reporting and analytics

10. ACL GRC (Galvanize)

• Description: A tool for managing compliance risks, including audit, risk, and compliance management.

• Source: ACL GRC

• Key Features:

  • Risk assessment and monitoring

  • Policy and control management

  • Integration with data analytics tools

11. Resolver Compliance Risk Management

• Description: A tool for assessing and managing compliance risks, including regulatory and operational risks.

• Source: Resolver

• Key Features:

  • Risk assessment workflows

  • Incident management

  • Compliance reporting and dashboards

12. StandardFusion Compliance Risk Management

• Description: A GRC platform for managing compliance risks, including audits, policies, and controls.

• Source: StandardFusion

• Key Features:

  • Risk assessment templates

  • Regulatory compliance tracking

  • Real-time risk monitoring

13. SAI360 Compliance Risk Management

• Description: A tool for assessing and managing compliance risks, including ethics, regulatory, and operational risks.

• Source: SAI360

• Key Features:

  • Risk assessment workflows

  • Policy and control management

  • Compliance reporting and analytics

14. ProcessUnity Vendor Risk Management

• Description: A tool for assessing third-party compliance risks, including vendor and supplier risks.

• Source: ProcessUnity

• Key Features:

  • Vendor risk assessments

  • Compliance monitoring

  • Risk scoring and reporting

15. RiskWatch Compliance Risk Management

• Description: A tool for assessing compliance risks across multiple regulatory frameworks.

• Source: RiskWatch

• Key Features:

  • Risk assessment templates

  • Compliance reporting

  • Integration with security and audit tools

16. Camms.Risk Compliance Management

• Description: A GRC platform for assessing and managing compliance risks, including regulatory and operational risks.

• Source: Camms.Risk

• Key Features:

  • Risk assessment workflows

  • Policy and control management

  • Compliance reporting and dashboards

17. Protecht.ERM Compliance Risk Management

• Description: A tool for managing compliance risks, including regulatory, operational, and financial risks.

• Source: Protecht.ERM

• Key Features:

  • Risk assessment workflows

  • Compliance reporting

  • Integration with ERM (Enterprise Risk Management) tools

18. Wolters Kluwer TeamMate+

• Description: A tool for assessing compliance risks, including audit and regulatory risks.

• Source: Wolters Kluwer TeamMate+

• Key Features:

  • Risk assessment workflows

  • Compliance reporting

  • Integration with audit management tools

19. Lockpath Keylight Platform

• Description: A GRC platform for managing compliance risks, including regulatory and operational risks.

• Source: Lockpath

• Key Features:

  • Risk assessment workflows

  • Policy and control management

  • Compliance reporting and dashboards

20. Compliance 360 by SAI Global

• Description: A tool for assessing and managing compliance risks, including regulatory and operational risks.

• Source: Compliance 360

• Key Features:

  • Risk assessment workflows

  • Policy and control management

  • Compliance reporting and analytics