Freedom251 › Risk Management Software
Risk Llama
What Risk Llama is
Risk Llama is a paid web platform that connects risk, governance, and compliance records with controls, evidence, and reporting. Its workflows map risks to causes, controls, actions, and owners, with customizable dashboards, risk scanning, quantitative analysis, custom risk fields, and workflow automation. Compliance tools connect obligations, evidence, and reviews through AI-assisted assessments and customizable templates. The Data Room supports structured document collection, AI-assisted evidence assessment, and surveys. Lluma answers natural-language questions across connected records and documents, and users can check responses against source information. Risk Llama says customer data remains private and is never used to train the model. Security details include TLS 1.2 or higher in transit, AWS KMS encryption, optional MFA, audit logging, and multi-region resilience. Starter, Professional, and Enterprise plans are priced on request, with no free plan. Enterprise lists unlimited users, data rooms, Power BI integration, SSO, custom data residency, and dedicated support.
Who it suits
Risk Llama is aimed at Chief Risk Officers, Operational Risk Leaders, and Chief Compliance Officers managing connected risk and compliance workflows.
What it does well
- Maps risks to controls, actions, and owners
- AI-assisted assessments and document insights
- Custom dashboards, fields, and risk taxonomies
- Workflow automation and quantitative analysis
- Security controls and audit logging
What to know first
- No free plan
- Pricing is available on request
- Starter includes two users
- Professional includes five users
Plans
| Plan | Billed and limits | Price |
|---|---|---|
| Professional | 5 users included · 24 hour support · Everything in Starter · Supply Chain Manager · Customer Manager · third-party forms and surveys · incident and reporting portals · external risk monitoring | On request |
| Starter | 2 users included · 48 hour support · Risk Register · Alignment Map · Lluma AI · Llama Vault · AI Document Insights · Strategy Manager · Objectives Manager · Processes & Controls Manager · Incidents & Issue Manager · Excel export · document upload | On request |
| Enterprise | Unlimited users · Everything in Professional · unlimited custom fields · custom risk taxonomy · data rooms · document quality scoring · Investment Manager · Power BI integration · SSO · custom data residency · onboarding support · dedicated support SLA | On request |
As riskllama.com lists them, read 8 Oct 2026. The maker's own page has the final word.
Verdict
Risk Llama combines risk, compliance, evidence, reporting, and document workflows in a web platform with configurable plans. Its AI features, security controls, and enterprise options may fit teams with structured governance processes, but pricing requires an enquiry.
Facts from Risk Llama's own pages
- AI data use
- Risk Llama states that customer data is kept private and never used to train the model. · riskllama.com, 8 Oct 2026
- AI review
- Lluma answers natural-language questions across connected risk records and documents, and users can review its responses against source information. · riskllama.com, 8 Oct 2026
- Company experience
- Risk Llama says its leadership team has a combined 40-plus years of experience in risk and technology. · riskllama.com, 8 Oct 2026
- Compliance
- Its compliance workflow connects obligations, evidence and reviews, with AI-assisted assessments and customizable templates. · riskllama.com, 8 Oct 2026
- Data Room
- The Data Room provides structured document collection, AI-assisted evidence assessment and survey workflows. · riskllama.com, 8 Oct 2026
- Headquarters
- Hong Kong · riskllama.com, 28 Sept 2026
- Implementation
- The homepage states that the implementation fee is $0. · riskllama.com, 8 Oct 2026
- Integrations
- The Enterprise plan lists Power BI integration and the Starter plan lists Excel export. · riskllama.com, 8 Oct 2026
- Intended users
- The platform describes workflows for Chief Risk Officers, Operational Risk Leaders and Chief Compliance Officers. · riskllama.com, 8 Oct 2026
- Purpose
- Risk Llama connects risk, governance and compliance records, controls, evidence and reporting in one platform. · riskllama.com, 8 Oct 2026
- Risk workflows
- The platform maps risks to causes, controls, actions and owners, and provides customizable dashboards and risk scanning. · riskllama.com, 8 Oct 2026
- Security
- The security page describes TLS 1.2 or higher in transit, AWS KMS encryption, optional MFA, audit logging and multi-region resilience. · riskllama.com, 8 Oct 2026
- Support
- The listed plan support levels are 48-hour support for Starter, 24-hour support for Professional and a dedicated support SLA for Enterprise. · riskllama.com, 8 Oct 2026
- Support contact
- Support enquiries can be sent to [email protected] or directed to a dedicated account manager. · riskllama.com, 8 Oct 2026
Where Risk Llama stands on Freedom251
- Risk Management Software#23 of 34