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What is iCoRisk?

iCoRisk acts as a cutting-edge accelerator for corporate risk management by utilizing the Microsoft Power Platform, enabling organizations to monitor, mitigate, and manage different risk types—such as project, operational, and corporate risks—through a unified system. The platform offers adaptable risk scoring frameworks that support assessments of pre-, post-, and target-risk, while also linking risks to relevant controls and mitigation tactics, and automating essential tasks like notifications, email alerts, and approval processes. Users have the ability to effectively associate risks with various departments, correlate project-specific risks with ongoing business risks, and utilize real-time, dynamic dashboards and reports powered by Power BI, giving stakeholders an insightful overview of risk registers and current mitigation strategies. Moreover, as part of Microsoft 365 and the Power Platform, iCoRisk guarantees smooth integration with Azure, Teams, and an array of third-party applications, enhancing collaboration and embedding risk management practices into daily business operations, which significantly boosts overall operational productivity. This comprehensive strategy not only optimizes risk management procedures but also equips organizations to tackle challenges in a proactive and effective manner, ultimately fostering a culture of resilience.

What is RiskGap?

In response to the rising focus on responsible investment, RiskGap LLC is expanding its portfolio to cater to the growing need for training, consulting, auditing, and strategic ESG sessions tailored for both holdings and enterprises. The firm has obtained financial backing from IBM and Microsoft, enabling the adaptation of its solutions for deployment on IBM Softlayer and Microsoft Azure platforms. Moreover, substantial research and development efforts are being directed towards utilizing IBM Watson as an AI tool to bolster risk assessment through a sophisticated recommender system integrated into the project framework. The innovative solution further supports the incorporation of diverse data analysis subsystems, including machine learning technologies, provided there is adequate data available for comprehensive training. RiskGap has also assembled a set of best practices in professional risk management and developed specialized training programs for staff, which include on-site corporate training sessions and open educational courses aimed at individual learners. This initiative not only seeks to enhance the skills of the workforce but also aspires to cultivate a culture of ongoing learning and improvement within the organizations they engage with, ultimately driving better outcomes in responsible investment practices.

Media

Media

Integrations Supported

Microsoft 365
Microsoft Azure
Microsoft Dynamics 365
Microsoft Power BI
Microsoft Power Platform
Microsoft Teams

Integrations Supported

Microsoft 365
Microsoft Azure
Microsoft Dynamics 365
Microsoft Power BI
Microsoft Power Platform
Microsoft Teams

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

$19 per user per month
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

iCoTech Services

Date Founded

2018

Company Location

United Kingdom

Company Website

icotechservices.co.uk/icorisk/

Company Facts

Organization Name

KdZen

Date Founded

2015

Company Location

United States

Company Website

riskgap.com

Categories and Features

Risk Management

Alerts/Notifications
Auditing
Business Process Control
Compliance Management
Corrective Actions (CAPA)
Dashboard
Exceptions Management
IT Risk Management
Internal Controls Management
Legal Risk Management
Mobile Access
Operational Risk Management
Predictive Analytics
Reputation Risk Management
Response Management
Risk Assessment

Categories and Features

Risk Management

Alerts/Notifications
Auditing
Business Process Control
Compliance Management
Corrective Actions (CAPA)
Dashboard
Exceptions Management
IT Risk Management
Internal Controls Management
Legal Risk Management
Mobile Access
Operational Risk Management
Predictive Analytics
Reputation Risk Management
Response Management
Risk Assessment

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