TrustRadius: an HG Insights company

Ideagen Risk Management

Score7.3 out of 10

2 Reviews and Ratings

What is Ideagen Risk Management?

Ideagen Risk Management (formerly known as Pentana Risk) delivers a strategic view of enterprise risk and its effect on performance. It helps organizations to understand their risk exposure and respond in an agile way to opportunities and threats. Risk teams can report faster and with more accuracy using its live data dashboards, automated workflows, and centralized enterprise risk data. Using spreadsheets and manual systems can create blind spots where risks and their impact are unknown. Ideagen Risk Management connects the dots by linking every KPI, event, and outcome across the organization so that risk is fully understood. The platform offers flexibility for assessing risk in the way that works best for any particular business - scoring criteria and formulas are not dictated by the software. The Ideagen Risk Management SaaS platform is designed to be intuitive enough for any business user – from occasional users, to everyday monitoring of the risk lifecycle, with the goal of empowering risk management teams to focus their expertise on solving business problems instead of managing systems.

It is also designed to include everything needed to comply with regulations and standards that govern any business, including ISO, ESG, and financial conduct. Wherever it operates, and no matter how complex the business’s risk environment, Ideagen Risk Management keeps enterprise risk under control.

Ideagen Risk Management helps businesses to establish an ERM framework that allows them to manage operational, financial, IT, and strategic risks in a single risk management system. This risk software solution provides real-time metrics on all aspects of risk, such as performance, processes, and assets, to ensure that business leaders have complete visibility and are able to exercise agility in risk management.

Screenshots

Screenshot of a dashboard showing the risk profile and scores for each individual risk, with a range of visual tools
Product screenshot
Screenshot of a step-by-step form filling exercise that guides the user through each field

1 / 3

Screenshot of a dashboard showing the risk profile and scores for each individual risk, with a range of visual tools

Technical Details

Technical Details
Deployment TypesSaaS
Mobile ApplicationNo
Supported CountriesGlobal
Supported LanguagesEnglish, can also be translated if necessary.

FAQs

What is Ideagen Risk Management?
Ideagen's Enterprise Risk Management (ERM) software solution (formerly known as Pentana Risk) fully integrates risk management processes, from identifying and assessing risk business-wide, to assigning and monitoring mitigation plans, all the way through to reporting and defining a long-term strategy for enhanced performance.
What are Ideagen Risk Management's top competitors?
Archer Integrated Risk Management Platform, MetricStream Platform, and Diligent Compliance are common alternatives for Ideagen Risk Management.