Top 10 Risk and Compliance Tools

In today’s fast paced world, organizations are facing a lot of pressure to comply with regulatory standards, manage their risks effectively including third-party induced risks and protect organization’s sensitive data. With the constantly evolving cyber threat landscape and rising compliance demands organizations need to be proactive and work on smart solutions where risk and compliance tools come into picture.

These tools are designed to streamline the compliance requirements, automate risk management and help businesses in managing their risk appetite more efficiently with desired operational efficiency. 

In today’s topic we will learn about top 10 risk and compliance tools available in the market in the year 2025. 

PDF Download – 10 Best Risk and Compliance Tools Cheat Sheet

List of Best Risk and Compliance Tools

1. ServiceNow GRC

It is widely recognized having robust automation capabilities meant for large organizations. 

Key features of ServiceNow GRC:

• Integration with risk analytics 
• One cohesive system for compliance tracking and operational 
• Predictive analytics and vendor risk management 
• Comprehensive policy management suite 
• Automation of audit processes to reduce manual efforts 

2. IBM Open Pages

IBM Open Pages leverages artificial intelligence power of IBM Watson and meant for large enterprises in regulatory space such as Finance, healthcare and manufacturing industries offering scalability and extensive customization to support various regulatory and compliance requirements. 

Key features of IBM Open Pages: 

• Centralized risk management with automated compliance workflows 
• Having audit management software inbuilt 

3. Hyper Proof

This a cloud based risk and compliance tool to simplify compliance management with automation and real time monitoring capabilities. Information technology and software development industries are key users of this to help organizations to manage various compliance frameworks in seamless manner. 

Key features of Hyper Proof: 

• Automatic evidence collections
• Streamlined audits 
• Adherence to regulatory standards , mapping of controls to reduce compliance risks and improve operational efficiency 
• Mapping control to multiple requirements hence Scale up information security compliance program
• Supports 60+ compliance frameworks out-of-the-box 

4. ZenGRC

ZenGRC is a user friendly cloud based GRC tool it is meant for mid-size organizations in technology and financial domain to maintain high compliance standards and get rid of manual oversight. 

Key features of ZenGRC:

• Centralized risk management activities
• Continuous monitoring capabilities 
• Simplified audits 
• Compliance tracking across regulatory frameworks 

5. Riskonnect

Riskonnect is a GRC solution ideal for healthcare, financial sector.  

Key features of Riskonnect:  

• Integrated risk management, compliance tracking and audit management in unified system
• Workflows based automation 
• Analytics dashboards to provide insight into risks and risk landscape in real-time 

6. Sprinto

This tool is ideal for IT companies and software firms which need a streamline approach towards compliance management. 

Key features of Sprinto: 

• Automation of compliance processes
• Continuous adherence to regulatory standards and frameworks 
• Centralized evidence management 

7. Workiva

Workiva is a cloud based GRC tool used by banking, insurance and education sector primarily. 

Key features of Workiva: 

• Cloud based reporting
• Automation of manual tasks related to Sarbanes Oxley (SOX) compliance 
• Audit management 

8. Ncontracts

Tailored for banks and credit institutions risk and compliance management requirements. 

Key features of Ncontracts:

• Integrated risk management 
• Robust tool for vendor risk management , compliance tracking and audit management 
• Custom risk management modules 
• Monitoring of regulatory changes 
• Business continuity with configurable analytics capabilities 

9. Diligent HighBond

It is a comprehensive GRC tool for risk and compliance management. 

Key features of Diligent HighBond: 

• Automation of decision making 
• Centralized platform for risk management, audit workflows and compliance tracking 
• Risk time risk reporting 
• Compliance tasks automation 

10. LogicManager

LogicManager is widely used in retail, healthcare and manufacturing sectors. 

Key features of LogicManager:

• Comprehensive reporting tools 
• Platforms incident management 
• Automated task tracking features 
• Simplification of policy management and audit processes