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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 RiskMiner?

We help companies create lasting value by increasing awareness of both the benefits and drawbacks they encounter through our all-encompassing solutions, which are designed to serve a range of applications across different technical frameworks and are supported by an efficient process for managing both singular and interconnected risks and opportunities. Our approach fosters a transparent and value-oriented decision-making strategy for businesses of every size, promoting continuous enhancements in their operational practices. Utilizing real-time visualization methods driven by swarm intelligence, we achieve a significant degree of automation in data collection, making it both effective and user-friendly. Furthermore, we utilize existing datasets while integrating new sources for thorough analysis and enrichment, effectively merging risk and opportunity networks with alternative data from both internal and external sources. This comprehensive strategy not only enables organizations to better navigate their risk landscapes but also encourages a culture of agility and adaptability, ultimately leading to improved strategic results. By embracing this holistic view, businesses can make informed decisions that align with their long-term objectives.

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

Supported Platforms

SaaS
Windows
Mac

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Online Training

Training Options

Online Training

Company Facts

Organization Name

Expert Choice

Date Founded

1983

Company Location

United States

Company Website

www.expertchoice.com/riskion/

Company Facts

Organization Name

RiskMiner

Date Founded

2019

Company Location

Germany

Company Website

www.riskminer.io

Categories and Features

Decision Support

Not specified

Risk Management

Not specified

Categories and Features

Risk Management

Not specified

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