Effective risk management is more crucial than ever in 2025's rapidly evolving business landscape. With the advent of new regulations and heightened geopolitical tensions, organisations of all types and sizes are finding it challenging to stay ahead of potential threats and ensure resilience and compliance.

Investing in the right risk management software can empower your business to proactively identify, assess, and mitigate risks, safeguarding your operations and reputation. But where do you even start with choosing a system that’s right for you?

Not to pat our own backs, but this blog is a great place to start.  

The evolving regulatory landscape of 2025 

As we navigate through 2025, several significant regulatory changes are shaping the way businesses approach risk management. The European Union's Digital Operational Resilience Act (DORA) was introduced in January. This regulation and broader Operational Resilience regulations and guidelines emphasise the need for comprehensive risk management solutions that can adapt to evolving threats and maintain compliance.  

Another great example of this is in the United Kingdom, where Chancellor Rachel Reeves has initiated a comprehensive audit of approximately 130 regulators to assess their contributions to economic growth and determine the necessity of their continuance.  

These are just a few examples of tendencies we’re seeing across governments and industries to secure leading businesses for future challenges.  

Key features to look for in risk management software 

Selecting the appropriate risk management software is pivotal for navigating the complexities of 2025.  

Here are essential features to consider:  

• Comprehensive reporting and data visualisation tools: Access detailed reports that provide insights into risk assessments and mitigation strategies. 

• Scalability: Choose a solution that can grow with your organisation, adapting to increasing data, complexity and user base.  

• User-friendly interface and design: Opt for intuitive platforms that facilitate ease of use and integration across departments. 

• Supports holistic risk culture: It’s vital to think about how a system would support your risk culture overall. A good risk management system will help you break down silos, engage senior leaders and even support more junior members of the GRC team.
  
  

Top risk management software for businesses in 2025 

To assist you in selecting the best solution, we've curated a list of leading risk management software, starting with RiskSmart. 

Already familiar with RiskSmart? Get a customised demo.  

RiskSmart 

RiskSmart is a comprehensive platform offering real-time risk assessment, compliance tracking, and customisable reporting features. Its experience in supporting companies across a wide variety of industries, locations and sizes makes it the perfect tool for a forward-thinking GRC team that wants to move on from tick-box style risk management.  

This software is built to help you protect your organisation from threats and the unforeseen but also to help you seize hidden opportunities.  

Here are some of the things that set it apart from the competition: 

• Puts simplicity first: RiskSmart was founded on the principle that risk management shouldn’t be that difficult and complicated. The tool is based on simplicity, user-friendly design, intuitive tools and pragmatic functions. In addition to giving GRC teams everything they need to understand granular data and content, RiskSmart also allows senior stakeholders to assess the big picture.  
  
  
• Scales with your company: RiskSmart is built to scale and onboard users from across your company – without charging for extra licences and seats.
  
  
• SSO and SCIM included: Unlike many other software providers, RiskSmart offers SSO and SCIM as a complementary feature.
   
• Multiple or single modules:

• Enterprise Risk Management
• Compliance
• Policy Management
• Internal Audit
• Third-Party risk management 
  

All our modules (with the exception of Internal Audit, which is a unique birds-eye view of the RiskSmart system) are built to be used on their own or combined for a powerful solution.  

• Empower teams to be more self-sufficient: The RiskSmart platform focuses on letting your team adapt and customise as needed on their own terms. No long-tech support ticket lines, dev resources or coding are needed.  
  
  
• The ability to link elements together: One of the most competitive edges of RiskSmart is the ability to link and connect elements. Whether it’s linking an Issue to a policy document or connecting a regulatory breach to a report showing impacts and losses of the incident, RiskSmart allows you to get more context by connecting data and elements.  
  
  

Learn how RiskSmart has helped Cambridge & Counties Bank make risk management more efficient and accurate: Read their customer story

• Intuitive and user-friendly: A user-friendly interface makes RiskSmart easy to pick up for risk stakeholders across the business.
  

• Superior reporting tools: Build reports your leadership team will actually want to read. With customisable SmartWidgets and data visualisation tools, RiskSmart is the reporting tool you’ve always dreamt of.  
  
  
• Superior customer support (from actual humans!): No chatbots in sight. RiskSmart’s Customer Success team are risk management experts and do their utmost to collaborate and innovate with our customers.  
  

Want to know more about how RiskSmart worked with the PensionBee team? Read their customer story.

What else is out there?

 
Archer 

Offers a scalable platform with comprehensive risk management and compliance solutions. It’s recognised as an efficient tool that takes a proactive approach to managing risk. It helps users identify risk faster, mitigate risk across various business functions and get a variety of business functions involved with risk management.  

Archer is known for flexibility and adaptability. It mainly emphasizes asset protection and comprehensive security for critical infrastructure.  

AuditBoard 

AuditBoard is a cloud-based platform that helps businesses manage their audit, risk, and compliance processes. It offers features such as risk assessments, control management, and reporting. 

The tool enhances collaboration amongst the lines of defence by providing centralised communication, document storage and task management.  

LogicGate 

LogicGate is a cloud-based platform that helps businesses manage their operational risk. It offers features such as risk assessments, incident management, and control management. 

LogicGate also automates central compliance processes and makes the management of compliance efforts more manageable. With an intuitive drag and drop interface, it gives users the freedom to adapt the platform to suit their needs. 

OneTrust 

OneTrust GRC is a cloud-based platform that helps businesses manage their privacy, security, and third-party risk. It offers risk assessments, data mapping, and vendor management features. 

OneTrust focuses on transparent data collection with purposeful content, ensuring compliance and alignment with your first-party strategy, safeguarding that data from risks, and enforcing policies and controls.  

MetricStream 

Provides integrated risk management solutions with advanced analytics and regulatory compliance tools. This tool streamlines risk management (including operational risk, enterprise risk, third-party risk management), compliance management, policy management, audit management and more.  


ServiceNow 

It offers a comprehensive suite of GRC solutions and allows integration with existing services, making it a compelling choice for businesses who want to combine their IT and GRC processes in one platform.  

ServiceNow also has specialised tools for customer service management and human resources, focusing on talent development and workplace and operational challenges. 

Riskonnect 

As a tool, Riskonnect offers a wide range of solutions that support various industries and roles. Their solutions include a wide range or GRC, ERM and ESG tools, along with risk analytics and insight tools.  

Riskonnect also has unique solutions for the healthcare sectors as well as health and safety.  

Protecht 

Protech is a modern solution that offers the ability to link and structure data to gain a holistic view of your business risk and profile. In addition to offering an in-depth range of solutions, Protech focuses on replacing out-of-date siloed documents with a system that’s custom-made for enterprise risk management.  

 
Investing in the right risk management software is not merely a compliance necessity but a strategic move to enhance your organisation's resilience and competitive edge. By proactively addressing potential threats and staying ahead of regulatory changes, your business can navigate the complexities of 2025 with confidence and agility.