Riskware review
A broad GRC and HSE platform with quantitative analysis and board reporting.
Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026
Riskware is an integrated governance, risk and compliance (GRC) and health, safety and environment (HSE) platform from Pan Software. It is designed for organisations managing enterprise and operational risk, compliance, audits, incidents, business continuity, information security, corporate governance and workplace-safety requirements. Its feature set suits teams that need both qualitative and quantitative analysis, configurable registers and workflows, and reporting for boards and other stakeholders.
Quantitative risk work is a central strength. Riskware includes Monte Carlo analysis alongside visual risk assessments and bowtie analysis, while control libraries and key risk indicators support ongoing monitoring. Configurable workflows, notifications and automated escalations can structure how risk, compliance and incident processes move through an organisation. Custom dashboards, a report builder and board reporting add flexibility for different audiences. Mobile risk assessments, checklists and audits extend the platform beyond desktop workflows, and AI-assisted risk assessments, incident analysis and control monitoring add assistance across recurring risk operations.
Riskware also has a broad operational scope rather than focusing on a single risk discipline. Incident reporting, investigation and analysis sit alongside audit management, compliance, business continuity and information security capabilities. The platform is cloud-deployed, provides API access and lists integrations with LexisNexis, Law Compliance, Power BI and Tableau. According to the vendor's pricing information, access is handled through contact with sales rather than published plan tiers, so it is a fit for organisations evaluating an enterprise GRC and HSE system around their requirements. Teams seeking a focused, self-service tool with transparent tiered pricing or a platform beyond the web may prefer a narrower alternative.
Riskware pros and cons
- Where it wins
- Monte Carlo analysis supports quantitative operational risk analysis
- Bowtie assessments, controls and key risk indicators support structured reviews
- Board reporting, mobile assessments and AI assistance broaden risk operations
- Where it doesn't
- Pricing requires contacting sales
- The listed platform is web-based
- Integration options listed include LexisNexis, Law Compliance, Power BI and Tableau
Riskware fact sheet, pricing and score →
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