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About Risk Hawk

Cloud-based (SaaS) integrated risk management tool that helps handle controls, incidents, internal audits, compliance, and more.

Learn more about Risk Hawk

Pros:

The linking technology between modules is fantastic, one can easily view all connected items from one risk which is a benefit to our client.

Cons:

Simulation engines can be added for various statistical analysis covers quantification of risks, solvency, ALM etc.

Risk Hawk ratings

Average score

Ease of Use
4.6
Customer Service
4.8
Features
4.6
Value for Money
4.7

Likelihood to recommend

9.4/10

Risk Hawk has an overall rating of 4.7 out 5 stars based on 31 user reviews on Capterra.

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Filter reviews (31)

K Neelamadhab
K Neelamadhab
product manager in India
Verified LinkedIn User
Information Technology & Services, 5,001–10,000 Employees
Used the Software for: Free Trial
Reviewer Source

Exceptional Risk Management experience with Risk Hawk

5.0 last year

Comments: In conclusion, Risk Hawk has transformed the way one approaches risk management. Its user-friendly interface, robust risk assessment tools, real-time monitoring capabilities, customizable reporting, and exceptional customer support have surpassed my expectations. I definitely recommend Risk Hawk to any business seeking a reliable and comprehensive risk management solution.

Pros:

From the moment I started using Risk Hawk, I was immediately impressed by its user-friendly interface and intuitive design. The platform's seamless navigation allowed me to quickly understand its functionalities, making it easy to incorporate into my existing risk management processes. The drill-down dashboards and other analytics capabilities with simplicity, combined with its powerful features, truly sets Risk Hawk apart from other risk management solutions on the market.Moreover, the exceptional customer support provided by the Risk Hawk team has been remarkable. They have been incredibly responsive, promptly addressing any questions or concerns I had along the way. Their dedication to ensuring a smooth and satisfactory user experience has only reinforced my confidence in the product.

Cons:

It is not the least-liked feature but, it is. something I missed in RiskHawk. Organization-specific color themes will be a great feature to add on to an existing plethora of wonderful capabilities.

Sujana
Manager in India
Information Technology & Services, 201–500 Employees
Used the Software for: 6-12 months
Reviewer Source

Awesome Audit Solution with Support !!

5.0 last year

Pros:

The Risk Hawk solution is really great, especially how it works well with Risk Management and the helpful checklist for Controls. You've obviously thought things through and made a complete system. The customer support you provide during demos and understanding is a big plus too!I like how you've made the whole audit process smooth and easy, from planning to tracking what needs to be done. You've made sure everything works well together.I find it interesting how you've set up ways to measure risk. This makes the audit process quicker and lets you focus on the most important areas. Your smart choices are clear.The Dashboards you made show everything happening in the audit step by step. It's like looking from high up and seeing the whole picture. This helps everyone know what's going on.I think it's really cool how you let auditors make reports that fit them. This makes their work faster and reports are better because they can make them their own way.Your dedication to both the product and customer support really shines through. It's clear that you're committed to creating an effective and user-friendly experience.

Cons:

Choice Limited to User-Based Licenses, No Unlimited Users Option.

Vikki
Senior Consultant in UK
Financial Services Software, 11–50 Employees
Used the Software for: 2+ years
Reviewer Source

Risk Hawc

3.0 2 years ago

Pros:

The linking technology between modules is fantastic, one can easily view all connected items from one risk which is a benefit to our client.

Cons:

The dashboard reports do not show data that is relevant to our users and they are quite dated and we cannot customise the risk register which is a feature that most clients want (eg hiding irrelevant columns within a register).

Dynamatix Response

2 years ago

Thanks for the feedback. As discussed, dashboard charts can easily be added as part of our deployment. Our platform is based on low/ zero code so this is really quick and can be requested from our support team. Also, the risk register is actually configurable by end users and you can hide the irrelevant columns. Only a few select mandatory columns cannot be hidden, rest can be easily hidden.

Amith
Head of Software Development in UK
Verified LinkedIn User
Computer Software, 11–50 Employees
Used the Software for: 2+ years
Reviewer Source

Flexible, comprehensive, easy to use

5.0 last year

Pros:

Flexible, configurable, easy to use and has all features that a good GRC software in the market would have. The linking of modules is an amazing feature which gives a complete view of associated items. I found the Incident and Control modules of the tool and the ability to associate with each other very useful to mitigate the risks associated with IT assets and in preventing the incidents from occurring again.The team is very good, always available to support and responds very quickly.

Cons:

There were some teething problems, however, the team responded very quickly and resolved.

Vivek
CISO in Oman
Insurance Software, 501–1,000 Employees
Used the Software for: 1+ year
Reviewer Source

Comprehensive yet easy to navigate

5.0 2 years ago

Pros:

It has many features similiar to veteran GRC tools knwon in a market but distinctively it is very easy to navigate, feature can be spotted easily and has very clean GUI which encourages to use more and more..Flexy module is anytime plus ..

Cons:

Color palette looks very aged and can be improved

Jill
Head of Compliance & Operational Support in UK
Information Technology & Services, 11–50 Employees
Used the Software for: 1+ year
Reviewer Source

Risk Hawk is much more than a risk capturing tool

5.0 2 years ago

Pros:

Originally, I used the software to create, share and store policies. However, the functionality of this software is vast. I now use it for Risk Management, Incident Management, creating forms for users to complete and many other features. This means I can centralise everything and have controls in place.

Cons:

The support team are very good and knowledgeable about their product they take the time to explain everything you need assistance with. However, I would also like a 'how to guide' so If I need to know how to create a form, set parameters for a control etc I can initially refer to the guide before contacting support.

Akash
Akash
Assistant Manager, Risk & Internal Control Dept in India
Verified LinkedIn User
Insurance Software, 501–1,000 Employees
Used the Software for: 6-12 months
Reviewer Source

Perfect tool for Risk Management, IFC, SOX and customized activities

5.0 2 years ago

Comments: Tool is very user friendly, easy to navigate, effective vendor support 24*7 and super fast.

Pros:

Tool configured with best industry practice of ERM process and cover almost all activities. With flexy, customized requirements can be handled.

Cons:

Simulation engines can be added for various statistical analysis covers quantification of risks, solvency, ALM etc.

Verified Reviewer
Verified LinkedIn User
Management Consulting, 51–200 Employees
Used the Software for: 2+ years
Reviewer Source

Best Risk Management solution

5.0 2 years ago

Comments: Excellent

Pros:

Mitigation, Risk scoring and Matrix, KRI

Cons:

Integration domestic secure cloud model

Ayush
Associate Solution Leader in India
Information Technology & Services, 1,001–5,000 Employees
Used the Software for: Free Trial
Reviewer Source

My Honest Feedback based on usage

5.0 last year

Pros:

The user interface and user experience are amazing which add ease to traverse. The cluster location for all Risk, Audit and Compliance Repositories is well appreciated.Depending upon requirements standard framework can be customized on the tool as well as integration features are something that attracts the limelight for easy navigation.For designing workflows, approval on workflows, and user-defined charts on the go, self-service features appear to be ultimately unparalleled.

Cons:

For drawing precise insights adding logical and analytical tools would be helpful.

meenal
Head - Risk Management in India
Financial Services Software, 501–1,000 Employees
Used the Software for: 1-5 months
Reviewer Source

Review of RM tool - Axis MF

4.0 last year

Pros:

The team and flexibility of the tool is very good

Cons:

Reporting module and email management needs improvement

Swapnil
Lead - ERM in India
Financial Services Software, 201–500 Employees
Used the Software for: 6-12 months
Reviewer Source

NPCI - Risk Team

3.0 2 years ago

Comments: Ok

Pros:

Customer Support is very prompt and very humble people.

Cons:

Very cumbersome and multiple navigation screens. It makes user's job very difficult.

Dynamatix Response

2 years ago

Thanks for the feedback. As discussed, the workflow setup was requested by your predecessors as per the business processes at the time of implementation. We understand that they have now moved on and you have recently joined. The workflow and user navigation can easily be reconfigured easily based on your current processes and our team has reached out to you to kick off this exercise.

Himadri
Senior Manager in India
Financial Services Software, 201–500 Employees
Used the Software for: Free Trial
Reviewer Source

Risk Hawk

5.0 2 years ago

Comments: The experience has been great. The tool has a lot of potential to be used in multiple areas in an organization. The team has been quite responsive and helpful in resolving the queries and finding workarounds to customize the tool as per our requirement

Pros:

Flexibility: The flexy module helps to build all possible workflows, add additional parameters etc.

Cons:

Some features like upload options for KRIs can be a part of the product design

Nahsihat
DA Consultant in India
Information Technology & Services, 501–1,000 Employees
Used the Software for: 1-5 months
Reviewer Source

Helps businesses to manage risk

5.0 last year

Pros:

1. Seamless execution from audit planning along with risk assessments till audit reporting and action tracking2. Clean UI for clear navigation3. Real-Time interactive dashboards4. Pre-defined checklists for all areas with Risk and control libraries are very useful.5. Integrated with other modules like Risks, Controls, Policies, etc.6. Also liked the Customer Service where they gave a trial access and helped in understanding the system quickly.

Cons:

Too early to comment as I have not experienced any issues till now.

Mayur
AVP in India
Banking, 501–1,000 Employees
Used the Software for: 1-5 months
Reviewer Source

Risk Hawk for Risk Management

5.0 last year

Pros:

Easy interface, superior support from developers, fast turnaround

Cons:

The implementation process is still in progress, and it is going very smooth

Ritu
VP in US
Financial Services Software, 51–200 Employees
Used the Software for: 6-12 months
Reviewer Source

Very Flexible & Comprehensive risk management system

5.0 2 years ago

Comments: Risk management made simple and adoptable

Pros:

1. Single place for all risk, compliance and audit data and processes. Very flexible to accommodate everything that we need2. Can do minor changes ourselves3. Great team!

Cons:

Difficult to say as we have not encountered anything that stands out. If we had any challenge it was promptly resolved

Subhankar
L2 SUPPORT in India
Computer Software, 201–500 Employees
Used the Software for: Free Trial
Reviewer Source

Best of Risk hawk

5.0 last year

Pros:

Good work , with best tools for risk management

Cons:

No cons about this risk hawk , and can be improved.

Sudharma
Operation Risk in India
Investment Banking, 501–1,000 Employees
Used the Software for: Free Trial
Reviewer Source

GRC review

5.0 2 years ago

Pros:

Advanced Features like1. Easy user interface using flexy module2. Any Changes is configurable from front end without any dependency

Cons:

As of now now its early to comment , as we will progress will share our feedback

Surya Prakash
Senior Associate in India
Accounting Software, 1,001–5,000 Employees
Used the Software for: Free Trial
Reviewer Source

Manage your Risk

5.0 2 years ago

Pros:

Identify Risks across business and agree Risk appetite and enables dynamic and active Risk management

Cons:

Customizations need to be improved. Email triggering need to be improved

Rajesh
Business Analyst in India
Information Technology & Services, 1,001–5,000 Employees
Used the Software for: Free Trial
Reviewer Source

very good Operational Risk Management Solution

5.0 last year

Pros:

A very good Operational Risk Management Solution.Risks can be identified through incidents and also has separate incident flow.Complete view for the risk mitigation workflow.Control testing options are good.Good reporting features.

Cons:

Colour pallet can be improved & Layout theme should be provided

Reshma
Sales Specialist in India
Information Technology & Services, 501–1,000 Employees
Used the Software for: Free Trial
Reviewer Source

A game changer

5.0 2 years ago

Pros:

A technically very mature system, incredibly powerful, with good scalability, and excellent support.

Cons:

No specific cons to be mentioned as such

Nikhat
SOC Analyst in India
Information Technology & Services, 11–50 Employees
Used the Software for: 1-5 months
Reviewer Source

Feedack

5.0 last year

Pros:

Risk Hawk has excellent association features.Cost effective solution for Enterprise Risk Management.Policy Management module is very good for tracking everything.Everything is centralised and can be checked easily

Cons:

None

Anita
Senior Manager in India
Management Consulting, 51–200 Employees
Used the Software for: Free Trial
Reviewer Source

Great product for GRC/ Risk Management

5.0 2 years ago

Pros:

Multiple GRC modules all integrated thus enabling easy tracking and monitoring

Cons:

The landing page/ home page can be improved

Jyoti
Sales consultant in India
Information Technology & Services, 501–1,000 Employees
Used the Software for: 6-12 months
Reviewer Source

Risk hawk feedback

5.0 last year

Pros:

There are many good features in the tool for Risk ManagementHas a workbench to see all my itemsIf action is not taken on time, it shows date in redRisk score is shown with colour codes based on risk severity

Cons:

Various Layouts/Themes can be provided for preview

Pratik
Management Trainee in India
Financial Services Software, 501–1,000 Employees
Used the Software for: Free Trial
Reviewer Source

Flexible, easy to use, user friendly

5.0 2 years ago

Pros:

Flexible, easy to use, user friendly, good experience

Cons:

Still using so cannot comment so early .

Jacintha
Product Management in India
Information Technology & Services, 1,001–5,000 Employees
Used the Software for: Free Trial
Reviewer Source

User friendly and easy navigation on the tool.

5.0 last year

Pros:

User friendly and easy navigation on the tool.Centralized location for all Risk, Audit and Compliance Registers.Self-service features are available to design workflows, approval on workflows, user defined charts on the go.Integration features with other modules for easy tracking and monitoring.Any kind of standard frameworks can be configured on the tool based on requirements.

Cons:

More analytical features can be added. Not Integration features with other modules for easy tracking and monitoring.Not Any kind of standard frameworks can be configured on the tool based on requirements.