TrustRadius

RiskLens vs. Ventiv IRM

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
RiskLens
Score 0.0 out of 10
N/A
RiskLens is a software & professional services company helping cyber risk leaders build programs that manage cybersecurity risk from the business perspective. Companies can use RiskLens to understand their cyber risk exposure in financial terms, prioritize their risk mitigations, measure the ROI of their security investments, and optimize their cyber insurance coverage. RiskLens is built on FAIR, the standard quantitative model for information security and operational risk.N/A
Ventiv IRM
Score 7.5 out of 10
N/A
Ventiv IRM is integrated risk management software designed to provide the insights needed to monitor and lower the user's Total Cost of Risk (TCoR). It features real-time analytics for decision support by integrating data from internal and external sources in one system while connecting risk mitigation activities across the business.N/A
Pricing
RiskLensVentiv IRM
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
RiskLensVentiv IRM
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details——
More Pricing Information
User Ratings
RiskLensVentiv IRM
Likelihood to Recommend
-
(0 ratings)
7.5
(0 ratings)
Likelihood to Renew
-
(0 ratings)
9.1
(0 ratings)
Usability
-
(0 ratings)
8.2
(0 ratings)
Support Rating
-
(0 ratings)
8.2
(0 ratings)
Implementation Rating
-
(0 ratings)
1.0
(0 ratings)
User Testimonials
RiskLensVentiv IRM
Likelihood to Recommend
No answers on this topic
I think the capabilities that Ventiv IRM has are incredible, even more so that what we've already started utilizing it for. The ability for it to be able to create graphs with reportings is a very visually useful. I do think that what we have access to is limited to our knowledge at this point. I have set up mine and my team's dashboards and customized it for each persons needs (i.e. the most updated claims that each person needs to see vs seeing every updated claim, etc), but I believe there are further capabilities that can be done, we just aren't familiar with it. As we continue to learn how to use/utilize Ventiv IRM for our needs, I'm sure my 9 points will elevate to a 10!
Verified User
Anonymous
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Pros
No answers on this topic
  • Ease of running OSHA reports
  • Claim search/navigation is user friendly
Jill Britton | TrustRadius Reviewer
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Cons
No answers on this topic
  • Clarifying what one has purchased in their modules - what's included versus not.
  • Making sure that what should be included in a module is active, usable for the client.
  • Once the module is set up for the client, give training to the client through all the modules. Walk with them, 1) make sure everything works; 2) the client understands how to use it. This is beyond the Ventiv University, which is a great refresher, and follow-up for something the client forgot.
Verified User
Anonymous
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Usability
No answers on this topic
Very usable. The team is always suggesting "tweaks" that allow for easier flow, better understanding of the information needed. This even includes in moving categories/sections in a records around so that the flow of the record is better
Verified User
Anonymous
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Support Rating
No answers on this topic
Support will reach out to me and I LOVE that. Often I want to show them what I see and they have always been willing to jump on a Teams meeting so I can do that. This has also helped me understand how to explain things better (support speak). This has led to closing tickets, completing projects sooner.
Verified User
Anonymous
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Implementation Rating
No answers on this topic
The actual implantation was not good. The system is fully customizable so Ventiv was ready to give us what we wanted; however, we never had a system so we didn't fully understand what we wanted. Since then, we hit "reset" and we are steadily moving forward.
Verified User
Anonymous
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Alternatives Considered
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Ventiv IRM is the only product - claim/risk management - that we have used.
Verified User
Anonymous
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Return on Investment
No answers on this topic
  • Effective Data Management and Governance.
  • Increased Productivity and Efficiency.
  • Improved Risk Grading and Analytics.
Verified User
Anonymous
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ScreenShots

Ventiv IRM Screenshots

Screenshot of Executive Dashboard Interactive dashboards allow you to consolidate cross module indicators with a variety of graphical visualizations, including heat and geographic maps, to show aggregations, trends, hot spots and forecasts.Screenshot of ERM Summary Dashboard Focus in on key risk metrics and track how they have changed compared to prior reporting, look at your risk concentrations by business and risk category plus spot your key risk assessment movers.Screenshot of Claims & Policy Dashboard Dashboards can be covering 2 linked modules like Claim and Policy here showing Loss Ratios along with Claims Incurred and Premium spend analysis.Screenshot of Map Search Map Search allows you look for information geographically to spot locations and concentrations. Connect to our advanced analytics to see how your risk profile is impacted by geographic hazards and perils.Screenshot of Portal Landing Page Sample 1 Create portal landing pages for your users or customers; make specific to your industry.Screenshot of Portal Landing Page Sample 2 On the portal page include quick links to their common actions plus include lists of their current cases (claims in this example).