Top 10 Risk Analytics Solution Companies - 2021
From the onset of risk to its consequences, the entire landscape of risk is dynamically evolving. Businesses are broadening their scope and horizon, and the nature of risks is inextricably expanding along with it. As such, enterprises are tapping into the potential of advanced analytics to implement new response strategies and up their risk management game.
Novel risk-scoring algorithms rank each threat based on various attributes such as priority and severity level. These algorithms help businesses prioritize risks and mitigate them systematically. On the other hand, business intelligence plays a vital role in risk management. Modern reporting systems allow risk managers to create a multitude of dashboards, reports, and graphical analyses of their mitigation plans.
Besides, the demand for behavioral science is dramatically rising in the business world. Behavioral science is helping organizations glean deeper and more actionable risk insights. Companies are using web application scanning to perform behavioral analysis that delivers visual reports of malware trends, scan activity, and risk-prone pages.
As such, the technological advancements in the arena open up a universe of new possibilities for risk analytics solution providers to develop and introduce innovative solutions. This implies that businesses looking for competent solutions have to choose from a plethora of options.
To make this task easier and assist business leaders in identifying the right risk analytics solution providers, CIOReview presents to you, “10 Most Promising Risk Analytics Solution Providers - 2021.”
A distinguished panel comprising CEOs, CIOs, VCs, Analysts, and the CIOReview editorial board has selected the most promising risk analytics solution providers. In our selection process, we looked at the company’s offerings, core competency, news/ press releases, client testimonials, milestones, and other recognition.