Risk Llama
Risk Llama: Connected risk records with scoring, controls, workflows, AI review, and monitoring. Ranked #25 of 34 in Risk Management Software by our editors (6.3/10); pricing: Pricing on request; best for teams wanting modern connected risk records.
At a glance
- Editor score6.3 / 10
- PricingPricing on request
- Best forTeams wanting modern connected risk records
- Free planNo
- Quantitative analysisYes
- Facts checked21 Sep 2026

Where it wins
- Connects risks, controls, incidents, actions, objectives, and evidence
- Adds exposure scoring, dashboards, heat maps, reports, and workflow stages
- Combines AI document review with data-room and external monitoring workflows
Where it doesn't
- All published plans require contacting sales for pricing
- There is no free plan for self-serve evaluation
- Power BI integration is available only in the Enterprise plan
Our verdict on Risk Llama
Risk Llama is risk management software for risk and compliance teams that need connected records across operational risk, governance, and compliance work. It brings together risk registers, assessments, inherent and residual exposure scoring, controls, incidents, actions, objectives, evidence, ownership, due dates, dashboards, and reporting. The product is positioned for operational risk teams, chief risk officers, enterprise risk oversight, trading and industrial groups, and organizations managing structured governance workflows.
Pricing is organized into three plans, with all published plans requiring contact with sales and prices stated in USD. Starter includes the Risk Register, Alignment Map, Lluma AI, Llama Vault, AI Document Insights, and Strategy Manager. Professional adds Supply Chain Manager, Customer Manager, Third Party Forms & Surveys, Incident and Reporting Portals, and External Risk Monitoring. Enterprise adds Unlimited Custom Fields, Custom Risk Taxonomy, Data Rooms, Document Quality Scoring, and Power BI Integration. Purchases are non-refundable under the stated terms, so buyers should review the commercial arrangement before committing.
The product’s main strength is breadth within connected risk operations. Configurable fields can apply to risk, process, control, vendor, and incident records, while workflows support stages, ownership, and due dates. AI-assisted risk and document review, generated stakeholder reports, dashboards, heat maps, structured document and survey workflows, and continuous external risk monitoring extend the system beyond a basic register. Teams seeking a unified operating model for risk records and related evidence should consider Risk Llama. Organizations wanting transparent self-serve pricing, a free plan, or a narrower tool focused on one risk task may prefer another option.
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Risk Llama pricing
All 3 Risk Llama plans and prices →
Risk Llama fact sheet
| Free plan | No |
|---|---|
| Paid from | Not verified |
| Quantitative analysis | Yes |
| Custom risk fields | Yes |
| Workflow automation | Yes |
| Risk reporting | Dashboards |
| API access | Not verified |
| Deployment | Not verified |
| Compliance & security | GDPR, HIPAA, SSO/SAML |
| Support | |
| Built for | Small business, Mid-market, Enterprise (editorial estimate) |
| Integrations | 1 integrations: Power BI |
| Pricing | Pricing on request (source) |
| Website | riskllama.com |
| Facts checked | 21 Sep 2026 |
Risk Llama integrations
Risk Llama lists 1 integrations on its own site.
- Power BI
Alternatives to Risk Llama
- IBM OpenPagesA deep GRC suite for large enterprises with significant compliance and risk workloads.9.2
- ServiceNow Integrated Risk ManagementA broad risk and compliance suite for organizations already using ServiceNow.9.0
- Synergi LifeA configurable risk platform with offline mobile access, workflows and broad BI connectivity.8.9
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Featured on iTechGuides
Risk Llama is listed in our Risk Management Software directory. Add the badge to your site — it links back to this page.
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Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026
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