Risk Wizard

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What Risk Wizard is

Risk Wizard is a web-based cloud system combining risk, compliance and incident management. Organizations can buy these products separately, in pairs or as a bundle. The risk component supports capturing, prioritizing and managing strategic, operational and enterprise risks under ISO 31000 guidelines. Compliance tools address internal and external obligations using ISO 19600 guidelines. Incident management records and follows events such as workplace accidents, near misses, loss events and security breaches, aligned with ISO 27035 guidelines. Dashboards, reports, charts, registers and forms show governance information, risk profiles, compliance levels, incident trends and overdue actions. Customers can customize terminology, forms, criteria, dashboard widgets, report templates and workflow rules. SAML 2.0 single sign-on works with providers including Azure AD, Okta and Google Workspaces. Data is hosted on AWS in the customer’s region. Roles and record-level permissions control access, while encrypted daily backups are distributed across AWS data centers. Pricing depends on selected products and core-user count; a 30-day demonstration site is available.

Who it suits

Risk Wizard is intended for risk managers, risk teams and organizations running enterprise risk-management programs.

What it does well

Risk, compliance and incident modules
ISO-aligned management frameworks
Custom fields, forms and workflow rules
Board-ready reporting and dashboards
Regional AWS data hosting

What to know first

No free plan
Pricing depends on products and core-user count
Usual minimum contract is one year
Web access only is listed

Plans

Plan	Billed and limits	Price
Risk Wizard software (quote-based)	Price depends on the products selected and number of core users; usual minimum contract term is one year. · Risk · Compliance · Incident products, individually or combined; core-user count determines price	On request

As riskwizard.com lists them, read 7 Oct 2026. The maker's own page has the final word.

Verdict

Risk Wizard combines governance workflows with configurable reporting and controls for risk, compliance and incidents. Its quote-based model and one-year usual minimum term are important considerations for buyers.

Facts from Risk Wizard's own pages

Compliance management: The compliance product helps organisations manage internal and external obligations and follows ISO 19600 guidelines. · riskwizard.com, 7 Oct 2026
Contract and data: The usual minimum contract term is one year; customers own their data, can export it to Excel, and the database is destroyed within 60 days after termination. · riskwizard.com, 7 Oct 2026
Customization: Customers can tailor terminology, forms, criteria, dashboard widgets, report templates and workflow rules. · riskwizard.com, 7 Oct 2026
Data hosting: Risk Wizard uses AWS and says customer data is stored in the customer's region, including Sydney for Australia and New Zealand, London for the UK and US-based servers for the USA. · riskwizard.com, 7 Oct 2026
Features: The software includes dashboards, reports, charts, registers and forms for displaying governance information, risk profiles, compliance levels, incident trends and overdue actions. · riskwizard.com, 7 Oct 2026
Incident management: The incident product records, tracks and supports action on events such as workplace accidents, near misses, loss events and security breaches, following ISO 27035 guidelines. · riskwizard.com, 7 Oct 2026
Integrations: Risk Wizard supports cloud single sign-on with identity providers that support SAML 2.0, including Azure AD, Okta and Google Workspaces. · riskwizard.com, 7 Oct 2026
Intended users: Risk Wizard describes its customers as risk managers, risk management teams and organisations deploying enterprise risk management programs. · riskwizard.com, 7 Oct 2026
Product: Risk Wizard combines risk, compliance and incident management software, which can be purchased individually, paired or bundled. · riskwizard.com, 7 Oct 2026
Risk management: The risk product provides a framework for capturing, prioritising and managing strategic, operational and enterprise risks, following ISO 31000 guidelines. · riskwizard.com, 7 Oct 2026
Security: User access is controlled with roles and record-level permissions, and the company says daily backups are encrypted and distributed across multiple AWS data centres. · riskwizard.com, 7 Oct 2026
Support: The Helpdesk provides technical and user support, and customers can access an online Help facility from the software. · riskwizard.com, 7 Oct 2026
Trial: The company offers free access to a demonstration site for 30 days; supported pilots and proof-of-concept trials are usually 4 to 6 weeks. · riskwizard.com, 7 Oct 2026

Where Risk Wizard stands on Freedom251

Risk Management Software#18 of 34