LogicGate Risk Cloud logo

LogicGate Risk Cloud

by LogicGate · Since 2015
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ActiveAvailable globallyCloud
Quick facts
VendorLogicGate
Year launched2015
StatusActive
Location320 W Ohio St Suite 600W Chicago, IL 60654
Countries servedGlobal
Languages10
Integrations25+
Free tierN/A
Free trialN/A
Contact salesN/A

About LogicGate Risk Cloud

LogicGate Risk Cloud is a risk management software platform from LogicGate that helps organizations manage and mitigate risk. It provides features such as risk assessment, compliance tracking, and incident management so users can effectively monitor their risk landscape. The platform supports customization to fit specific organizational needs and integrates with existing software systems for simplified data flow. LogicGate Risk Cloud is designed for businesses looking to improve their risk management processes and improve decision-making based on comprehensive data insights. Key capabilities: risk assessment compliance management incident response data integration customizable workflows Best for: risk and compliance professionals that need to manage organizational risks efficiently.

LogicGate Risk Cloud is a robust risk management platform specifically designed to streamline and strengthen risk assessment, control, and compliance functions across organizations. Built as a cloud-based solution, Risk Cloud’s intuitive and accessible interface caters to users of varying technical abilities, allowing them to navigate seamlessly through its many features without a steep learning curve. The platform effectively combines simplicity with powerful functionality, making it a comprehensive choice for managing risk, regulatory compliance, and third-party relationships. A notable feature of LogicGate Risk Cloud is its in-depth risk assessment and management capabilities. Users can identify and score risks, set priorities, and develop targeted risk mitigation plans. The platform’s control management tools allow for easy creation, implementation, and testing of controls, ensuring that organizations can establish effective measures to prevent potential risks. The inclusion of third-party risk management functionality is especially valuable for organizations reliant on external vendors; it supports thorough due diligence, vendor risk assessments, and contract management, helping to reduce exposure to vulnerabilities outside of direct organizational control.

Pros & Cons

Pros
  • Supportive Personnel: LG personnel are noted for their supportive nature, and the help desk is quick and responsive.
  • Amazing Customization: The environment's customization capabilities are impressive and highly appreciated.
  • Industry Flexibility: The platform is versatile and can be utilized by any industry, with remarkable flexibility.
  • Continuous Improvement: The ability to make changes to workflows to enable a continuous improvement model is valued.
Cons
  • Lack of Sandbox for Testing: Not having a sandbox to test changes before production or a restore/undo button has been challenging for teams.
  • System Complexity: The system can become complex as it evolves with the business and its requirements.
  • No Free Trial: The absence of a free trial period and a free version is seen as a significant drawback.
  • Control Issues: Sometimes, controls trigger before the due date, and notifications can be missed.

Features

Key features

Centralized Risk Management Platform

Consolidates various risk management functions into a single platform.

Risk Assessment and Prioritization

Provides tools to identify, assess, and prioritize risks.

Control Management

Enables the creation, management, and testing of controls.

Risk Reporting and Analytics

Generates comprehensive reports and dashboards to monitor risk exposure.

Third-Party Risk Management

Manages and assesses risks associated with third-party vendors.

Additional features

Centralized Risk Management Platform

Consolidates various risk management functions into a single platform.

Risk Assessment and Prioritization

Provides tools to identify, assess, and prioritize risks.

Control Management

Enables the creation, management, and testing of controls.

Risk Reporting and Analytics

Generates comprehensive reports and dashboards to monitor risk exposure.

Third-Party Risk Management

Manages and assesses risks associated with third-party vendors.

Compliance Management

Tracks regulatory compliance and ensures adherence to standards.

Integration Capabilities

Integrates with other systems and tools to streamline workflows.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Global
Countries served
10
Interface languages
13
Billing currencies

Interface languages

EnglishSpanishFrenchGermanItalianPortugueseDutchRussianChineseJapanese

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇦🇺AUD🇨🇦CAD🇯🇵JPY🇨🇭CHF🇨🇳CNY🇮🇳INR🇷🇺RUB🇧🇷BRL🇿🇦ZAR🇲🇽MXN

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