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Ideal for mid-sized to large organizations across most industries including finance, healthcare, and insurance sectors seeking a scalable solution to manage governance, risk, and compliance.
@RISK is used to analyze risk and uncertainty in a wide variety of industries. From the financial to the scientific, anyone who faces uncertainty in their quantitative analyses can benefit from @RISK.
Our use of the solution is still a work in progress, but the experience has been great. LG personnel are supportive; The help desk is quick and responsive.
Not having a sandbox to test changes to workflows pre-production or a restore/undo button has been difficult for our teams to manage; making us hesitant to work on significant changes on our own.
The customization of the environment is amazing and never ceases to amaze me. It can be utilized by any industry and the flexibility is mind blowing.
Not having a free trial period is a crucial missing aspect of the platform, also not having a free version is a serious missing point too.
I like the flexibility to make changes to workflows, etc. to enable a continuous improvement model. In addition, the support team and leadership has been responsive to our needs.
Sometimes Controls trigger before the due date and missing notifications.
LogicGate is very user friendly and it is very nice that updates auto save.
The complexity of the system can grow with your business and your business' individual requirements. Our version of risk Cloud has developed over time along with the risk maturity of the business.
The software is easy to use and it has an excellent manual as well as excellent online support.
The UI is pretty bad since there is not a standalone software to write the code and debug.
The company also organises on a regular basis very interesting conferences where case studies are presented by companies and these conferences are an opportunity to meet like minded people.
Risk is very slow when making complicated models or dealing with large datasets. R or Python would be able to process much quicker.
There are several video tutorials available for questions you might have and this is a great tool for simulating several possible outcomes quickly.
I just have one complain, the only time I had a problem with the tool, I made a ticked but didn't get a response as quick as I needed.
It has been really great to understand stochastic processes in finance and analyse investments, mergers and even stocks.
I wish Palisade @risk provided some more indepth instructional videos, focusing on each of the specific Risk functions.
LogicGate Risk Cloud
Top Features@RISK
LogicGate Risk Cloud
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@RISK
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