RiskData Customer Reviews 2025 | Financial Risk Management

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RiskData

Composite Score

7.4 /10

CX Score

7.8 /10

8 Reviews Write a Review

What is RiskData?

Riskdata offers a comprehensive suite of Solutions for Asset Managers and Institutional Investors, covering all risk-management related needs, including quantitative asset screening, pre-trade simulation, portfolio construction, as well as regulatory compliance and reporting.

Company Details

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RiskData Ratings

Real user data aggregated to summarize the product performance and customer experience.

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

83 Likeliness to Recommend

100 Plan to Renew

77 Satisfaction of Cost Relative to Value

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Emotional Footprint Overview

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

+91 Net Emotional Footprint

The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.

How much do users love RiskData?

0% Negative

0% Neutral

100% Positive

Pros

Helps Innovate
Continually Improving Product
Reliable
Enables Productivity

Feature Ratings

Average 84

Fraud Management

Credit Risk Management

Analytics and Reporting

Transaction Monitoring

Regulatory Compliance and Audit

Anti Money Laundering

Cheque Management

Market Risk Management

Asset Liability Management

Stress Tests

Policy Management

Vendor Capability Ratings

Average 79

Breadth of Features

Vendor Support

Ease of Data Integration

Business Value Created

Ease of Customization

Ease of Implementation

Ease of IT Administration

Quality of Features

Usability and Intuitiveness

Product Strategy and Rate of Improvement

Availability and Quality of Training

RiskData Reviews

Chima J.

Role: Operations
Industry: Banking
Involvement: IT Leader or Manager

Validated Review

Verified Reviewer

Submitted Feb 2025

Easy to use, but a bit pricey

Likeliness to Recommend

8 /10

What differentiates RiskData from other similar products?

no much difference

What is your favorite aspect of this product?

its easy to use

What do you dislike most about this product?

i don't dislike the product

What recommendations would you give to someone considering this product?

very good product

Pros

Helps Innovate
Reliable
Performance Enhancing
Trustworthy

Ellie B.

Role: Information Technology
Industry: Technology
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted Sep 2022

Riskdata is an excellent data risk manager.

Likeliness to Recommend

9 /10

What differentiates RiskData from other similar products?

Numerous modules are obtainable – internal audit, enterprise risk management, compliance, and IT governance for example. The reporting in Risk Management (heat maps etc) are a pleasant function. Smart customization choices and straightforward-to-use interface for end users. The Riskdata is incredibly user-friendly and straightforward to navigate. I’m not versed in the world of coding however Riskdata setup allows me to form the changes I would like quickly and easily.

What is your favorite aspect of this product?

I like the flexibility to track the progress my team has made on audit projects. Conjointly just like the potential automation that Riskdata can bring to our audit process, we are trying forward to the victimization of the robotics application to create that automation. I favor the speed of the tool we use compared to others utilized in the past. The processing power and ability to navigate quickly through records is an immense plus.

What do you dislike most about this product?

The main issue we’ve had is simply with Riskdata support. It took a few months to get a request completed which should’ve solely taken a couple of weeks.

What recommendations would you give to someone considering this product?

Confirm that your implementation team provides you with the initial coaching before you start implementation so that you’re higher informed on the Riskdata platform and its capabilities. This can facilitate your overall implementation process to go smoother. So I definitely recommend you to give this software a try.

Pros

Helps Innovate
Unique Features
Caring
Altruistic

How We Deliver

Events

RiskData

What is RiskData?

Company Details

Need Assistance?

RiskData Ratings

83 Likeliness to Recommend

100 Plan to Renew

77 Satisfaction of Cost Relative to Value

Emotional Footprint Overview

+91 Net Emotional Footprint

How much do users love RiskData?

Pros

Feature Ratings Average rating of all product features, some of which may not be shown below

Fraud Management Includes identity theft protection, fraud alerts, payer authentication, and fraud investigations.

Credit Risk Management Includes credit assessment, credit scoring, and credit risk analysis.

Analytics and Reporting Includes historical & real-time dashboard visualizations, detailed & summary reporting and easy data extraction for data analysis.

Transaction Monitoring Includes Know Your Customer (KYC), cash deposits and withdrawals, wire transfers, and ACH activity management.

Regulatory Compliance and Audit Ability to adhere to laws, regulations, guidelines, and specifications relevant to the business. Ability to store documents and trails for audit access.

Anti Money Laundering Includes suspicious behavior identification, currency transaction reporting, case management and customer due diligence checks.

Cheque Management Includes cheque printing, cheque tracking, cheque payment processing, and cheque verification.

Market Risk Management Includes equity risk, currency risk, and commodity risk.

Asset Liability Management Includes interest rate risk, liquidity risk, and funding and capital management.

Stress Tests Includes crisis simulations, scenario generation, and scenario analysis.

Policy Management Solution centralizes policies, standards, and procedures mapped to regulations or best-practices (PCI-DSS, ISO/IEC, HIPAA, etc.) with built-in templates.

Vendor Capability Ratings Average rating of all vendor capabilities, some of which may not be shown below

Breadth of Features Users prefer feature rich software that enables them to perform diverse series of tasks. This data expresses user satisfaction with the product's breadth of features.

Vendor Support The importance of vendor support will vary for each organization depending on internal capabilities, but there will always be issues that only the vendor can resolve.

Ease of Data Integration Use this data to determine whether the product will cause headaches or make data integration easy.

Business Value Created Software needs to create value for employees, customers, partners, and, ultimately, shareholders. This data expresses user satisfaction - or lack thereof - with the product's business value.

Ease of Customization Don't get bogged down in a difficult customization; use this data to make sure you can easily achieve the functionality you need for your particular situation.

Ease of Implementation Successfully implementing new software is necessary to realize its full value and promote end user adoption. This data indicates whether or not the product is easy to implement.

Ease of IT Administration This data indicates whether IT personnel will be able to resolve issues and perform configurations efficiently and effectively.

Quality of Features Feature quality is just as important as quantity. Use this data to determine if this product will do what you're purchasing it to do, easily, intuitively, reliably, and effectively.

Usability and Intuitiveness End user learning curves cost the organization money. Pay attention to your end users' technical ability to determine how important UX is in your purchase.

Product Strategy and Rate of Improvement Vendors who don't stay on top of emerging needs and trends won't enable you to meet your business goals. Use this data to separate innovators from imposters.

Availability and Quality of Training Effective and readily available training enables users to get the most out of the software you've chosen. Use this section to make sure your vendor's training programs and materials measure up.

RiskData Reviews

Chima J.

Easy to use, but a bit pricey

Likeliness to Recommend

Pros

Ellie B.

Riskdata is an excellent data risk manager.

Likeliness to Recommend

Pros

Title

Feature Ratings

Fraud Management

Credit Risk Management

Analytics and Reporting

Transaction Monitoring

Regulatory Compliance and Audit

Anti Money Laundering

Cheque Management

Market Risk Management

Asset Liability Management

Stress Tests

Policy Management

Vendor Capability Ratings

Breadth of Features

Vendor Support

Ease of Data Integration

Business Value Created

Ease of Customization

Ease of Implementation

Ease of IT Administration

Quality of Features

Usability and Intuitiveness

Product Strategy and Rate of Improvement

Availability and Quality of Training