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Description

In alignment with the growing emphasis on responsible investment, RiskGap LLC is broadening its service offerings to meet the increasing demand for training, consulting, auditing, and strategic ESG sessions for both holdings and enterprises. The company has secured funding from IBM and Microsoft, adapting its solutions for deployment on IBM Softlayer and Microsoft Azure. Additionally, there has been research and development focused on leveraging IBM Watson as an AI component to enhance risk assessment through a recommender system within the project framework. Furthermore, the solution allows for the integration of various data analysis subsystems, including those that utilize machine learning, as long as sufficient data is available for effective training. RiskGap has curated a collection of best practices in professional risk management and created exclusive training programs for staff, offering on-site corporate training sessions and open educational courses designed for individual participants. This initiative aims to foster a culture of continuous learning and improvement within the organizations they serve.

Description

iCoRisk serves as an innovative accelerator for managing corporate risks, leveraging the Microsoft Power Platform to allow organizations to oversee, reduce, and handle various types of risks—including project, operational, and corporate—within a single, cohesive system. The platform features customizable risk scoring models that accommodate pre-, post-, and target-risk assessments, while also integrating risks with corresponding controls and mitigation strategies, and automating processes like notifications, email alerts, and approval workflows. Users can effectively map risks to different divisions, connect project-related risks with routine business risks, and access real-time, dynamic dashboards and reports powered by Power BI, providing stakeholders with a clear view of risk registers and ongoing mitigation efforts. Additionally, as a component of Microsoft 365 and the Power Platform, iCoRisk ensures seamless integration with Azure, Teams, and various third-party applications, which facilitates collaboration and embeds risk management activities into everyday business functions, thus enhancing overall operational efficiency. This holistic approach not only streamlines risk management but also empowers organizations to respond to challenges proactively and efficiently.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Microsoft 365 No 
Microsoft Azure No 
Microsoft Dynamics 365 No 
Microsoft Power BI No 
Microsoft Power Platform No 
Microsoft Teams No 

Integrations

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

Pricing Details

$19 per user per month
Free Trial Yes 
Free Version Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs No 
Webinars Yes 
Live Training (Online) Yes 
In Person No 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person No 

Vendor Details

Company Name

KdZen

Founded

2015

Country

United States

Website

riskgap.com

Vendor Details

Company Name

iCoTech Services

Founded

2018

Country

United Kingdom

Website

icotechservices.co.uk/icorisk/

Product Features

Risk Management

Alerts/Notifications No 
Auditing Yes 
Business Process Control Yes 
Compliance Management No 
Corrective Actions (CAPA) Yes 
Dashboard Yes 
Exceptions Management No 
IT Risk Management No 
Internal Controls Management No 
Legal Risk Management No 
Mobile Access No 
Operational Risk Management No 
Predictive Analytics No 
Reputation Risk Management No 
Response Management No 
Risk Assessment Yes 

Product Features

Risk Management

Alerts/Notifications No 
Auditing No 
Business Process Control No 
Compliance Management No 
Corrective Actions (CAPA) No 
Dashboard No 
Exceptions Management No 
IT Risk Management No 
Internal Controls Management No 
Legal Risk Management No 
Mobile Access No 
Operational Risk Management No 
Predictive Analytics No 
Reputation Risk Management No 
Response Management No 
Risk Assessment No 

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