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Riskion®

Web-based risk management tool for identifying, measuring, and mitigating enterprise risks

Riskion® helps enterprises identify, measure, and mitigate risks through professional crowdsourcing and mathematical models, using structured processes and

Overview

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Riskion® is a web-based risk management tool designed for enterprise-level businesses. It helps users identify, accurately measure, and mitigate potential risks through professional crowdsourcing and mathematical models. The platform combines ratio-based mathematics with experienced minds to detect and visualize risks across an entire enterprise.

The tool provides three core capabilities: identifying potential risks and their causes through collaborative data gathering tools; measuring relative risk with scientifically valid and accurate measures; and mitigating and controlling risks by optimizing resource allocations to manage treatment options across all scenarios.

Riskion® uses a structured, disciplined process with embedded team collaboration and project management tools to improve communication and buy-in. It creates visual bow-tie diagrams to help users understand risk sources, causes, and outcomes. Unlike traditional risk methodologies that rely on mathematical shortcuts, Riskion® achieves true ratio scale measures for both risk and likelihood.

Feature notes

  • Innovative collaborative data gathering tools for risk detection
  • Scientifically valid risk measurement
  • Resource allocation optimization
  • Visual bow-tie diagram mapping
  • Web-based crowdsourcing model
  • Real-time team collaboration tools
  • Scenario-specific risk treatment recommendations
  • Ratio-based mathematical models
  • True ratio scale measures for risk and likelihood
  • Actionable reporting and analytics

Pricing

Pricing model: Contact for pricing

FAQ

What is Riskion® and how does it work?
Riskion® is a revolutionary, web-based risk management tool designed to help enterprise-level businesses identify, accurately measure, and mitigate potential risks through professional crowdsourcing and mathematical models. It combines ratio-based mathematics with experienced minds to identify events, causes, and outcomes, helping users allocate necessary resources to mitigate risks using a structured, disciplined process with embedded team collaboration tools.
How does Riskion® compare to other risk management tools?
Riskion® provides real risk measurement using mathematically correct, meaningful and comprehensive measures, unlike other risk methodologies that rely on mathematically meaningless shortcuts. It uses techniques that achieve true ratio scale measures for both risk and likelihood, and provides a clear visual model to distinguish between potential risk treatments.
What are the key benefits of using Riskion® for risk management?
Riskion® identifies potential vulnerabilities in business frameworks, improves accountability and control over risk scenarios, allows teams to uncover hidden triggers and events, provides reliable relative risk measures to better allocate resources, and offers scenario-specific risk treatment portfolio recommendations. It also enables global crowdsourcing to leverage a wide range of expertise.

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