Corporater Operational Risk Management vs Protecht

Corporater Operational Risk Management helps operational managers and process owners define risk policies, identify and assess risks, and manage incidents and controls. Risks can be entered through forms, connected data, or user input, then recorded in group or local registers tailored to departments and jurisdictions. Assessments can be quantitative or qualitative, using expert mode, guided wizards, surveys, or AI assistance. The system monitors internal and third-party risks, including identified, residual, and secondary risks, and tracks corrective actions. Teams can define risk areas across departments, levels, and processes, and link them to assurance frameworks. Incident workflows, control libraries, test templates, treatment alerts, and control activity monitoring support ongoing oversight. Users can create role-based dashboards and custom reports for review and approval. Listed data sources include Excel, CSV, SQL, MDX, web services, SFTP, and third-party JDBC drivers; the Open API-based API can communicate with Corporater BMP. Deployment options are SaaS, on-premises, and public cloud. The maker says its SaaS is ISO 27001 certified and supports single sign-on and role-based permissions. Pricing is on request.

Protecht is a cloud platform for managing risk, compliance, resilience, and audit. Protecht ERM covers risk assessments, key risk indicators, compliance incidents, vendor and IT risk, operational resilience, business continuity, and audit. Teams can configure forms, workflow rules, reports, and dashboards without coding. Dashboards and reports use structured, interconnected data to help identify trends and areas requiring action. Integration options include SSO, REST APIs, web services, SCIM identity management, scheduled file imports, and no-code iPaaS connections. Protecht says it hosts customer data in the customer’s region and states that it is ISO 27001 certified, SOC 2 assessed, and compliant with EU and UK GDPR. Its SaaS products are described as operating 24/7 with a standard SLA of 99.5% availability. Annual licence fees depend on the number and type of named active users, and pricing is available on request. Marketplace templates and the Operational Resilience module are billed separately. Protecht describes its customers as ranging from organizations with two users to those with more than 20,000.