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Risk & Compliance description
Risk & Compliance software helps businesses manage potential threats and ensure they follow all laws and regulations. It offers tools for identifying, assessing, and mitigating risks across different departments. This software is beneficial for companies of all sizes and across various industries, aiding them in avoiding legal issues, protecting their reputation, and making informed decisions.
Who is Risk & Compliance best for
Risk & Compliance software helps businesses manage risks and ensure regulatory compliance. It offers tools for identifying, assessing, and mitigating risks across departments. However, users have noted difficulties with navigation and customer support. Despite these drawbacks, some praise its comprehensive insights and toolsets. Best suited for large enterprises in regulated industries.
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Not suitable for any company size.
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Suitable for any industry.
Risk & Compliance features
| Supported Risk & Compliance software supports compliance with safety regulations. |
| Supported Risk & Compliance software like Forescout supports multi-factor risk assessment. |
| Supported Risk & Compliance software supports identifying, assessing, and mitigating project risks. |
We evaluate the sentiment that users express about non-functional aspects of the software
Value and Pricing Transparency
Customer Service
Ease of Use
Reliability and Performance
Ease of Implementation
Risk & Compliance reviews
We've summarised 41 Risk & Compliance reviews (Risk & Compliance G2 reviews) and summarised the main points below.
- Comprehensive insights and toolsets for financial control in Debt Management Solutions.
- Enables analysis of financial health, tailored repayment plans, and credit advice.
- Automates communication of policy updates in insurance customer service.
- Effective data management and analysis capabilities with data integrity in Data Orchestrator.
- Extensive library of data connectors and support for data transformation in Data Orchestrator.
- Difficult navigation and unintuitive platform, impacting customer communication.
- Poor messaging capabilities hinder personalized customer interactions.
- Slow customer support response times with inadequate assistance.
- High pricing compared to similar platforms, straining budgets.
- Limited customization options for communication templates and branding.
- Lack of real-time analytics and reporting tools to monitor communication effectiveness.
- Limited system integration capabilities, hindering cross-channel communication.
- Steep learning curve and complex setup, especially for Blaze rules engine.
- Confusing UI and illogical tab placement in Debt Management Solutions.
- Limited customization options and reliance on third-party data sources in Data Orchestrator.
Risk & Compliance pricing
The commentary is based on 7 reviews from Risk & Compliance G2 reviews.
FICO's pricing is considered expensive and prohibitive for some businesses, especially compared to competitors. While some users find the cost justified by its features and benefits, others suggest exploring alternative solutions due to budget constraints and inflexible contract terms.
Users sentiment
Risk & Compliance alternatives
Sanction ScannerMore focused on anti-money laundering (AML) compliance. Better for finance, e-commerce, transportation, and legal industries. Has grown its team more rapidly. Users praise its ease of use and global database, but some find limitations with certain regions and reporting.Read more
Microsoft Power PlatformBetter for automating business processes and building custom applications with less coding. More versatile option for mid-sized companies across various industries. Has more momentum in terms of website traffic growth.Read more
Solarwinds Network ManagementBetter for network performance monitoring and troubleshooting. More suitable for IT teams.Read more
Human Defense PlatformMore focused on bot detection and online fraud prevention. Better for e-commerce, retail, and online advertising. Pricier.Read more
Microsoft 365 E5 ComplianceBetter fit for mid-sized and large enterprises in regulated industries, especially those already invested in the Microsoft ecosystem. Stronger focus on data governance and compliance reporting. Has more momentum in website traffic growth.Read more
Risk & Compliance FAQ
What is Risk & Compliance and what does Risk & Compliance do?
Risk & Compliance software helps businesses manage potential threats and ensure adherence to laws and regulations. It provides tools for identifying, assessing, and mitigating risks across various departments, enabling informed decision-making and protecting reputation.
How does Risk & Compliance integrate with other tools?
There is no information available about specific integrations for Risk & Compliance software. However, given its purpose, it's likely to integrate with other business systems like GRC platforms, incident management tools, and compliance databases to streamline risk and compliance processes.
What the main competitors of Risk & Compliance?
Alternatives to Risk & Compliance include Microsoft 365 E5 Compliance for data governance and risk management, and Microsoft Power Platform for data analysis and process automation. For software development, consider Microsoft Azure DevOps.
Is Risk & Compliance legit?
Risk & Compliance software helps businesses manage risks and ensure regulatory compliance. However, user reviews reveal negative sentiment regarding customer service, pricing, and ease of use. Thorough research is recommended to determine if Risk & Compliance is safe and suitable for your specific needs.
How much does Risk & Compliance cost?
I couldn't find pricing details for Risk & Compliance. For the most accurate pricing information, please visit the vendor's website or contact their sales team.
Is Risk & Compliance customer service good?
Customer reviews on FICO Customer Communication Services reveal some negative feedback regarding customer support. Users report slow response times and unhelpful assistance. However, some praise the software's effectiveness and ease of use.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.