Riskonnect — Review, Assessment & Pricing | Applied Verdict

Riskonnect

by Riskonnect

Founded: 2007 · Visit website

About Riskonnect

Riskonnect provides AI-powered risk, compliance, and resilience software that unifies risk data and intelligence across enterprise functions. Core GRC capabilities include enterprise risk management, compliance, IT risk management, policy management, third-party risk management, internal audit, and AI governance. The platform also delivers specialized solutions for insurable risk management (RMIS, claims, policy administration, billing), business continuity and operational resilience, and health & safety. Organizations use Riskonnect to connect risk signals, orchestrate cross-functional responses, and translate risk exposure into business and financial impact.

Product Areas

Business Continuity & ResilienceCyber & Information Security RiskPolicy ManagementAudit ManagementCompliance ManagementEnterprise Risk ManagementThird-Party Risk Management

AV Expert Opinion

Riskonnect is an established enterprise risk management software vendor offering an integrated platform that spans governance, risk, compliance (GRC), insurable risk (RMIS/claims), and business continuity and resilience. The company differentiates itself through AI-powered 'Intelligent Risk' capabilities built on Salesforce's Agentforce platform, enabling organizations to consolidate risk data across traditional GRC and operational risk domains with a focus on translating risk exposure into business and financial impact.

Best suited for: Large enterprises with complex risk programs spanning both traditional GRC and insurable risk (claims, safety, RMIS) seeking a unified platform; Organizations in hospitality, retail, government, and healthcare sectors looking for industry-proven solutions with demonstrable ROI (as evidenced by IHG, Wendy's, BT, U.S. Army); Risk management teams needing to consolidate data from multiple risk domains and automate routine processes with AI assistance; Enterprises seeking to connect risk, compliance, finance, and operations with a focus on quantifying financial impact of risk exposure