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AlterRisk

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About AlterRisk

AlterRisk is a risk management software from Towers Watson that provides data-driven insights for decision-making. It combines investor relations, sustainability at WTW, and inclusion and diversity features to help organizations understand and manage their risk exposure effectively. This platform enables users to access key resources regarding leadership and the company's history, which supports informed strategy development. AlterRisk is built to assist businesses in navigating complex risk environments using comprehensive analytics and reporting capabilities. Key capabilities: investor relations sustainability insights diversity and inclusion resources leadership information historical context Best for: businesses that need reliable risk management solutions to inform their strategic decisions.

AlterRisk Details

Vendor
Towers Watson
Year Launched
Location
1211 Avenue of the Americas, New York, NY 10036
Deployment
Training Options
demo, account manager, community
Countries Served
All Countries
Languages
English, French, Spanish, German, Chinese, Japanese, Portuguese, Italian, Dutch, Russian.
Users
Risk managers, Compliance officers, Internal auditors, Chief risk officers, Business analysts
Industries Served
Healthcare, Education, Finance, Retail
Tags
Governance, Risk & Compliance (GRC), Towers Watson

AlterRisk's In-App Market Place

Does AlterRisk have an in-app market place?

Yes

How many Mini-Apps in the marketplace?

16

Mini Apps

1. Risk Assessment Tool - This add-on provides a comprehensive platform for conducting risk assessments

identifying potential threats and vulnerabilities

and creating mitigation strategies.

2. Compliance Management Module - This mini-app helps organizations track and manage their compliance efforts

ensuring adherence to industry regulations and standards.

3. Incident Reporting System - With this plugin

users can easily report and track incidents

accidents

and near-misses

allowing for timely resolution and analysis of root causes.

4. Audit Management Dashboard - This popular add-on offers a centralized dashboard for conducting internal audits

tracking findings

and monitoring corrective actions.

5. Training and Certification Module - This mini-app enables users to manage employee training records

track certification expirations

and ensure workforce readiness in key compliance areas.

Pricing Options

Free trial
Free version
Request a quote
Promo Offer

Accepted Payment Currencies

USD ($), EUR (€), GBP (£), JPY (¥), CAD (C$), AUD (A$), CHF (Fr), CNY (¥), SEK (kr), NZD (NZ$), KRW (₩), SGD (S$), HKD (HK$), NOK (kr), MXN (Mex$), INR (₹), BRL (R$), RUB (₽), ZAR (R), TRY (₺), AED (د.إ), SAR (ر.س), IDR (Rp), PHP (₱), THB (฿), MYR (RM), DKK (kr), PLN (zł), ILS (₪), COP (COL$), CLP (CLP$), ARS (AR$), PEN (S/.)

Pros & Cons

  • Helps organizations in identifying and managing risks more effectively
  • Streamlines compliance processes and ensures regulatory adherence
  • Provides real-time data insights for timely decision-making
  • Enhances overall governance practices within the organization
  • Improves risk management strategies and helps in minimizing potential losses
  • Increases transparency and accountability across various levels of the organization.
  • Limited integration with other GRC tools or platforms
  • Steep learning curve for new users
  • Lack of customization options for specific risk assessment needs
  • Limited reporting capabilities compared to other GRC software solutions
  • Expensive licensing fees for full feature access

AlterRisk's Support Options

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