Riskonnect (formerly Sword GRC)

sword-grc.com
Cybersecurity
Few Days

Innovative, configurable risk management technology for a global audience

How to Replace Riskonnect (formerly Sword GRC)

Overview

Riskonnect is a comprehensive risk management and compliance platform that combines the solutions from Sword GRC, Active Risk Manager, and other acquired platforms. It provides enterprise-wide risk management, governance, compliance, and business continuity solutions across multiple industries including healthcare, insurance, and general enterprise markets.

Features

22 features across 6 categories

Active Risk Manager(1)

Portfolio & Program Management

Manage risk portfolios and programs

Business Continuity & Resilience(3)

Business Continuity Management

Plan and manage business continuity

Crisis Management

Manage and respond to crises

Operational Resilience

Build and maintain operational resilience

Also in: Riskonnect

Crisis Management(1)

Emergency Notification

Send emergency notifications to stakeholders

Governance, Risk & Compliance(11)

AI GovernanceAI

Govern and manage artificial intelligence systems

Business Strategy

Align risk management with business strategy

Compliance

Manage regulatory and compliance requirements

Enterprise Risk Management

Manage enterprise-wide risks

Environmental, Social, & Governance

Manage ESG initiatives and compliance

Internal Audit

Conduct and manage internal audits

Internal Controls Management

Manage internal control frameworks

IT Risk Management

Manage information technology risks

Policy Management

Create, maintain, and distribute policies

Project Risk Management

Manage risks within projects

Third-party Risk Management

Manage and monitor third-party risks

Also in: Riskonnect

Insurable Risk(4)

Billing

Billing management functionality

Claims Management

Manage insurance claims

Health & Safety

Health and safety risk management

Policy Administration

Administer and manage policies

Also in: Riskonnect

Risk Management(2)

Risk Management Information System

Core system for managing insurable risks

Threat Intelligence

Collect and analyze threat intelligence

Also in: Mitratech, Juro, Dashlane

Cost Calculator

Pricing data not available for Riskonnect (formerly Sword GRC). Check their website for current pricing.

Build vs Buy

Should you build a Riskonnect (formerly Sword GRC) alternative or buy the subscription? Estimate based on 22 features.

Buy Riskonnect (formerly Sword GRC)

Better Value
Monthly costContact Sales
3-year totalVaries
Time to deployDays

Build Your Own

Development cost$24,000
Maintenance$360/mo
3-year total$36,960
Dev time~2 months

Buying Riskonnect (formerly Sword GRC) saves ~$36,960 over 3 years vs building.

Estimates based on 22 features and a BuildScore of 4/5. Actual costs vary.