Best for teams that are
- Agile enterprises wanting a flexible, no-code risk platform
- Teams needing to build custom risk applications and workflows
- Organizations prioritizing process automation and adaptability
Skip if
- Small businesses wanting a cheap, pre-configured checklist tool
- Users overwhelmed by building or configuring their own workflows
- Companies needing deep, out-of-the-box financial reporting
Expert Take
Our analysis shows LogicGate Risk Cloud distinguishes itself with a flexible no-code graph database that allows enterprises to map complex risk relationships without developer support. Research indicates it is a 'Leader' in both Forrester and Gartner reports, validated by its unique 'Risk Cloud Quantify' module that uses the Open FAIR™ model to translate qualitative risk into financial terms. Based on documented features, the 'unlimited standard users' pricing model makes it highly scalable for organization-wide adoption.
Pros
- No-code graph database architecture
- Unlimited standard user licensing
- Open FAIR™ risk quantification
- Forrester & Gartner Market Leader
- Automated evidence collection
Cons
- Steep admin learning curve
- No public pricing available
- Expensive for small teams
- Reporting visualization limitations
- Complex initial configuration