Best Free Financial Risk Management Software

Free Financial Risk Management Software offers organizations a cost-effective way to safeguard their assets and navigate market uncertainties with confidence. This innovative software category comprises digital tools that help businesses identify, assess, and mitigate potential financial risks in real time. By leveraging the Best free financial risk management software, companies can automate risk analysis and streamline their decision-making processes without incurring heavy expenses. Many enterprises benefit from Top free risk assessment tools for finance, which provide comprehensive insights into potential threats and opportunities, ensuring that risks are proactively managed. In addition, these solutions integrate seamlessly with existing financial systems, enabling businesses to monitor market fluctuations and adjust strategies dynamically. Best free market risk management tools further enhance these capabilities by delivering real-time analytics and scenario planning, empowering decision-makers to respond swiftly to changing market conditions. Embrace these cost-effective, cutting-edge tools to fortify your financial strategies and secure a more stable future for your business.
Note: Most of the products listed in this free financial risk management software category offer free trial versions, though they have restrictions like time limits, fixed number of users, or limited features. For more options and features, compare and evaluate all-time financial risk management software to find the best fit for you.
  • 3.3 avg. rating from 01 reviews

Last Updated: October 01, 2025

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161 Software

Popular Picks in Financial Risk Management Software

AuditBoard

AuditBoard

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Corporater Business Management Platform

Corporater Business Management Platform

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Diligent One Platform

Diligent One Platform

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List of Top Free Financial Risk Management Software

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Ondato is a comprehensive Anti-Money Laundering (AML) software solution designed to help financial institutions detect, prevent, and report suspicious activity in compliance with regulatory requirements. The platform uses advanced algorithms and machine learning to analyze transactions in real time, identifying potential risks and flagging them for further investigation. Ondato’s automated monit... Read more about Ondato

Free Trial

Available

Pricing Type

$600 Per month

Location

United Kingdom

Web Shield is an advanced compliance software designed to help businesses meet regulatory requirements and maintain security standards across their digital platforms. Whether you are dealing with GDPR, HIPAA, or other industry-specific regulations, Web Shield provides tools to streamline compliance management, reduce risks, and ensure adherence to laws and standards. The software includes features... Read more about Web Shield

Free Trial

Available

Pricing Type

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Location

Sweden

RS Edge is a cutting-edge Financial Risk Management Software designed to help organizations identify, assess, and mitigate financial risks effectively. The platform provides robust analytics and reporting capabilities, enabling users to monitor risk exposures across various assets and portfolios in real time. With its intuitive dashboard, RS Edge offers visual insights into risk metrics, allowing ... Read more about RS Edge

Free Trial

Available

Pricing Type

$0.01 Per feautre

Location

United States

Aparavi is a sophisticated risk management software designed to help organizations identify, assess, and mitigate risks effectively. It offers a comprehensive suite of tools that enable users to monitor risk factors across various business units and operations in real time. With its user-friendly interface, Aparavi simplifies the process of risk assessment by providing detailed analytics and repor... Read more about Aparavi

Free Trial

Available

Pricing Type

$10000 Per feautre

Location

United States

SmartRisk is a robust financial risk management software that provides organizations with the tools to identify, assess, and mitigate financial risks across their operations. Designed for businesses of all sizes, SmartRisk helps manage a range of financial risks, including credit, market, liquidity, and operational risks. The software allows users to build customized risk models and perform scenar... Read more about SmartRisk

Free Trial

Available

Pricing Type

$49.99 Per month

Location

United States

The ACTICO Credit Decision Platform is an advanced Financial Risk Management Software designed to empower financial institutions and lenders with robust tools for assessing and managing credit risk. It offers a comprehensive suite of features for automating credit decision processes, including credit scoring, risk assessment, and decision modeling, ensuring accurate and efficient evaluation of loa... Read more about ACTICO Credit Decision Platform

Free Trial

Available

Pricing Type

$30000 Per user

Location

Germany

An all-in-one solution for business continuity planning and management.

Quantivate stands as a comprehensive governance, risk management, and compliance (GRC) platform, designed to empower organizations in navigating complex regulatory landscapes. This versatile tool integrates risk and compliance functions, providing a centralized hub for streamlined management. Quantivate facilitates effective risk identification, assessment, and mitigation strategies, promoting a p... Read more about Quantivate Business Continuity

Free Trial

Available

Pricing Type

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Location

United States

Quantivate is an innovative compliance software solution designed to help organizations streamline their compliance management processes. This platform provides a comprehensive suite of tools for managing risk, regulatory requirements, and internal policies efficiently. With its user-friendly interface, organizations can easily track compliance activities, automate reporting, and manage documentat... Read more about Quantivate

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Available

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Location

United States

ModelRisk is an advanced financial risk management software that empowers organizations to analyze and mitigate risks associated with financial modeling. This powerful tool enables users to create, validate, and manage complex financial models with ease. ModelRisk’s intuitive interface allows for seamless integration with existing data sources, facilitating comprehensive risk assessments. The so... Read more about ModelRisk

Free Trial

Available

Pricing Type

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Location

Belgium

The Evolutionizer Enterprise Strategy Suite is a task management software designed to align organizational activities with strategic objectives. It facilitates the planning, execution, and monitoring of strategic initiatives through an integrated platform. Features include goal setting, project management, performance tracking, and real-time reporting. The software promotes collaboration across de... Read more about Evolutionizer Enterprise Strategy Suite

Free Trial

Available

Pricing Type

$8 Per month

Location

Switzerland

NXG Forensics is a specialized Accounts Payable Software designed for forensic accountants and financial professionals to manage and analyze financial transactions efficiently. The platform offers tools for tracking invoices, processing payments, and generating detailed reports on spending patterns. With NXG Forensics, users can identify discrepancies, track audit trails, and ensure compliance wit... Read more about NXG Forensics

Free Trial

Available

Pricing Type

$10000 Per user

Location

United States

API-First Embedded Finance Solutions for Every Industry

VoPay is a payment processing software designed to provide businesses with a secure and seamless payment gateway for handling online transactions. Whether you're operating an eCommerce store, subscription-based service, or enterprise platform, VoPay enables businesses to accept a wide range of payment methods, including credit/debit cards, digital wallets, and bank transfers. The platform is built... Read more about VoPay

Free Trial

Available

Pricing Type

$799 Per month

Location

Canada

Bectran is an advanced debt collection software designed to enhance the efficiency and effectiveness of collections management for businesses. This robust platform streamlines the debt recovery process by providing tools for automating workflows, tracking outstanding payments, and managing customer communications. With its intuitive interface, users can easily monitor account statuses, generate pa... Read more about Bectran

Free Trial

Available

Pricing Type

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Location

United States

Lucinity is an advanced compliance software designed to assist businesses in the financial industry with anti-money laundering (AML) and regulatory compliance. It helps organizations detect suspicious activities and prevent financial crime by leveraging artificial intelligence (AI) to analyze transaction patterns and client behavior. Lucinity provides a comprehensive suite of tools for real-time m... Read more about Lucinity

Free Trial

Available

Pricing Type

$54000 Per user

Location

Iceland

finway is a robust payment processing software designed to help businesses manage their financial transactions efficiently. This platform provides comprehensive tools for accepting payments, managing invoices, and tracking financial performance seamlessly. With finway, users can easily process payments through various channels, including credit cards, ACH transfers, and mobile payments, ensuring a... Read more about finway

Free Trial

Available

Pricing Type

$199 Per month

Location

Germany

Tidely is a comprehensive financial management platform designed for businesses of all sizes. It simplifies financial planning, budgeting, and forecasting through real-time analytics and insights. With Tidely, businesses can monitor cash flow, track expenses, and create detailed financial reports with ease. The software provides a centralized dashboard, enabling users to access essential financial... Read more about Tidely

Free Trial

Available

Pricing Type

$45 Per year

Location

Germany

RMX is a sophisticated financial risk management software designed to help organizations assess and mitigate risks across their portfolios. This comprehensive platform offers tools for scenario analysis, stress testing, and risk reporting, enabling businesses to make informed decisions based on real-time data. With its user-friendly interface, RMX allows risk managers to visualize complex data and... Read more about RMX

Free Trial

Available

Pricing Type

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Location

United States

iRely i21 is a specialized risk management software designed to help organizations identify, assess, and mitigate risks across their operations. This platform provides a comprehensive suite of tools that enable users to create risk profiles, track incidents, and implement corrective actions effectively. With iRely i21, risk managers can easily analyze data from various sources to identify trends a... Read more about iRely i21

Free Trial

Available

Pricing Type

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Location

United States

LeanPay is an advanced debt collection software designed to streamline and optimize the debt recovery process for businesses and financial institutions. The platform offers a comprehensive suite of features including account management, automated reminders, payment processing, and compliance tracking, ensuring that all aspects of debt collection are handled efficiently and professionally. LeanPay'... Read more about LeanPay

Free Trial

Available

Pricing Type

$135 Per month

Location

France

Reflectiz is a cutting-edge risk management software that provides businesses with the tools needed to assess, manage, and mitigate risks across various operations. With a focus on cybersecurity, Reflectiz helps organizations identify vulnerabilities in their systems, particularly in web applications and third-party integrations. The platform uses automated scans and analysis to detect potential r... Read more about Reflectiz

Free Trial

Available

Pricing Type

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Location

Israel

DataGardener Expand is a sophisticated financial risk management software designed to help organizations identify, assess, and mitigate financial risks with precision and efficiency. It offers a comprehensive platform for monitoring market fluctuations, credit exposures, and operational risks, ensuring that businesses can proactively address potential threats to their financial stability. DataGard... Read more about DataGardener Expand

Free Trial

Available

Pricing Type

$75 Per user

Location

United Kingdom

Effectiv is a financial risk management software designed to help organizations identify, assess, and mitigate financial risks. With Effectiv, companies can monitor market trends, credit exposures, and operational risks, providing a clear view of potential vulnerabilities. The software offers customizable risk assessment models, allowing businesses to tailor risk management to specific needs. Effe... Read more about Effectiv

Free Trial

Available

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Location

United States

Company Watch is a financial risk management software designed to help businesses and investors assess the financial health and risk exposure of companies. With its powerful analytics engine, Company Watch monitors key financial metrics, such as liquidity, profitability, and solvency, and evaluates potential risks in real-time. This software aggregates data from various sources and provides users ... Read more about Company Watch

Free Trial

Available

Pricing Type

$354 Per month

Location

United Kingdom

Windham Portfolio Advisor is a sophisticated investment management software tailored for financial professionals and asset managers. This powerful platform provides tools for portfolio tracking, risk assessment, and performance analysis, enabling users to make informed investment decisions. With features like customizable dashboards, real-time market data, and comprehensive reporting, Windham Port... Read more about Windham Portfolio Advisor

Free Trial

Available

Pricing Type

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Location

United States

Eftsure is an advanced accounts payable software solution designed to streamline the payment processes of businesses while enhancing security and compliance. This platform automates invoice approvals, which reduces manual effort and minimizes the risk of errors and fraud. Users can easily track the status of invoices and payments in real-time, ensuring that no critical deadlines are missed. Eftsur... Read more about eftsure

Free Trial

Available

Pricing Type

Contact Vendor

Location

Australia

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