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About FirmRisk

FirmRisk is a risk management software from Firm58 that provides tools for identifying and mitigating financial risks. It combines risk assessment, compliance tracking, and reporting capabilities so organizations can manage their risk exposure effectively. The software includes a user-friendly dashboard, customizable risk metrics, and real-time reporting features to support informed decision-making. FirmRisk is designed to help businesses visualize risk profiles and maintain compliance with industry regulations. Key capabilities: risk assessment compliance tracking reporting tools customizable dashboards real-time alerts Best for: financial professionals that need to manage risk and ensure compliance in their operations.

FirmRisk Details

Vendor
FirmRisk - Firm58
Year Launched
Location
Chicago, Illinois, USA
Deployment
Training Options
demo, account manager, community
Countries Served
All Countries
Languages
English, Spanish, French, German, Italian, Portuguese, Chinese, Japanese, Korean
Users
Risk Analysts, Compliance Officers, Chief Financial Officers, Risk Managers, Internal Auditors.
Industries Served
Financial Services, Banking, Insurance, Investment Banking, Asset Management
Tags
Financial Risk Management, FirmRisk, Firm58

FirmRisk's In-App Market Place

Does FirmRisk have an in-app market place?

Yes

How many Mini-Apps in the marketplace?

6

Mini Apps

1. Scenario Analysis Tool - This add-on allows users to create and analyze different scenarios to evaluate potential outcomes and risks.

2. VaR Calculator - This plugin helps users calculate Value at Risk (VaR) to assess the potential losses from an adverse market movement within a specific time frame.

3. Stress Testing Module - This mini-app enables users to conduct stress tests on their portfolios to evaluate how they would perform under extreme market conditions.

4. Risk Dashboard - This add-on provides a visual representation of key risk metrics and indicators

allowing users to easily monitor and manage their risk exposure.

5. Historical Data Importer - This plugin allows users to import historical data from external sources to enhance their risk modeling and analysis capabilities.

Pricing Options

Free trial
Free version
Request a quote
Promo Offer

Accepted Payment Currencies

USD ($), EUR (€), GBP (£), JPY (¥), AUD ($), CAD ($), CHF (Fr), CNY (¥), SEK (kr), NZD ($), MXN ($), SGD ($), HKD ($)

Pros & Cons

  • Provides real-time monitoring of financial risks
  • Offers customizable risk assessment tools to suit a company's specific needs
  • Helps in identifying potential risks before they escalate
  • Assists in making informed decisions to mitigate financial risks
  • Intuitive interface for easy navigation and usage
  • Limited customization options for risk assessment criteria
  • Steep learning curve for new users
  • Lack of integration with other software systems
  • Reporting functionality could be more robust
  • Limited customer support options

FirmRisk's Support Options

FirmRisk's Alternatives