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What is Riskion?

Riskion® is Expert Choice's all-encompassing risk management tool designed for organizations that require more than simple or spreadsheet-based risk evaluations. It implements a structured and systematic framework to identify risks, their root causes, related events, and possible consequences across the organization, employing mathematically sound, ratio-scale assessments rather than just conjecture. By promoting collaborative contributions from stakeholders, it enables decision-makers to leverage the collective knowledge and see the relationships between various risk factors, triggers, and mitigation approaches. Additionally, Riskion allows for the evaluation of events with both low and high probabilities, supports scenario analysis, and enhances resource allocation for efficient risk management. The inclusion of visual elements, like "bow-tie diagrams," effectively illustrates risk pathways and exposures. Furthermore, Riskion seeks to improve accountability, provide trustworthy risk evaluations, and simplify decision-making processes by reducing uncertainty and enhancing clarity within the organization. This ultimately empowers teams to proactively address potential challenges and adapt to evolving risk landscapes.

What is DMS (Decision Making Software)?

DMS, or Decision Making Software, is a PaaS solution that facilitates comprehensive decision automation workflows; its notable features include segmentation, scoring, value setting, and instant API publishing. Designed to be low-code and highly adaptable, it requires no technical expertise for use. To enhance your business knowledge, you will be connected with a dedicated account manager who will offer support. This versatile platform is available in both cloud-based and on-premise formats, catering to diverse operational needs. Among the benefits are rapid deployment, with the platform becoming operational in under a week, and user-friendly functionality, allowing modifications to strategies in minutes and thus streamlining the process of adding or altering products. Additionally, it features an instant API generator that enables you to create a fully functional API with a single click once your strategy is prepared. Another advantage is version control, which allows you to easily toggle between different iterations of your strategy. Furthermore, the dedicated account manager will provide ongoing assistance to ensure your success with DMS. This comprehensive support system is designed to help you maximize the potential of the platform.

Media

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Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

$6,000/month
Single Seat: $6,000/month

Pricing Information

Pricing not provided
Free Version
Free Trial Offered?

Supported Platforms

SaaS
Windows
Mac

Supported Platforms

SaaS
On-Prem

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Online Training

Training Options

Documentation Hub
Online Training
On-Site Training

Company Facts

Organization Name

Expert Choice

Date Founded

1983

Company Location

United States

Company Website

www.expertchoice.com/riskion/

Company Facts

Organization Name

DMS (Decision Making Software)

Date Founded

2021

Company Location

Armenia

Company Website

www.decision-making.software/

Categories and Features

Decision Support

Not specified

Risk Management

Not specified

Categories and Features

Credit Management

Not specified

Decision Support

Not specified

Risk Management

Not specified

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