LexisNexis Risk Solutions is a risk management platform for financial services, insurance, government and health care. It offers a range of services, including financial crime compliance, credit risk assessment and fraud management, based on a large database and sophisticated analytics that can offer insights. The platform can help companies identify and manage risks, ensure compliance and focus on growth opportunities.
Another strong contender is Drata, a compliance automation platform that supports several frameworks, including SOC 2, HIPAA and GDPR. Drata automates evidence collection, streamlines workflows and monitors controls continuously and ensures audit-readiness. With features like adaptive automation and native integration with many systems, it's particularly good for companies that need to comply with multiple frameworks at the same time.
For those who want a governance software suite, Diligent offers a more powerful platform that builds boards of directors into the governance, risk and compliance process. It includes AI-powered productivity tools, reporting templates and a suite of GRC applications that can spot risks across different data sources. With a focus on regulatory compliance, strategic risk management and user privacy, Diligent is geared for companies large and small that want to streamline governance and compliance.