Global Corporate Survey 2023: Risk Software Brands Recognition

Published 17 October 2023 by Christine O'Donnell & Daniel Garcia &

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Executive Summary

This report helps strategy executives, chief marketing officers and business development directors at firms offering risk management software solutions understand the relative strength of their brands, in terms of preference and awareness, from the perspective of 200 risk executives across 11 countries and 14 industries. The brand assessment study was conducted as part of the Verdantix 2023 global corporate risk management survey. To ensure a high-quality data set, the respondents of our survey represented firms with minimum annual revenues of $250 million and held role titles of director and above. Our market analysis finds that firm awareness is being elevated by providers instigating a brand growth strategy focusing on integrating risk management into a single solution, and/or spotlighting the ESG component of their offering.

Table of contents

Corporate perception of risk management software brands
SAI360, Resolver, ServiceNow and Riskonnect are among the top firms in brand preference
Risk management digital strategies are influenced by ESG risks, regulatory change and integration efforts

Table of figures

Figure 1. Risk management software vendors: brand preference ranking
Figure 2. Risk management software vendors: brand awareness ranking
Figure 3. ESG and sustainability ranks among the most pressing organizational risks
Figure 4. Geographic pressures related to ESG risk and climate change are key drivers of spend

About the authors

Christine O'Donnell

Industry Analyst
Christine is an Industry Analyst in the Verdantix Risk Management practice. Her current research agenda focuses on reputational risk, third-party risk, ESG risk, GRC solutions and regulatory change. Prior to joining Verdantix, Christine worked at Gartner, where she specialized in organizational design and change management. Christine holds a first-class BSc in Geography from the University of Birmingham.

Daniel Garcia

Senior Manager
Daniel is a risk and compliance subject-matter expert (SME), with over 16 years of global experience, having worked for major financial institutions and consulting firms in Latin America, Europe and Asia. He leads the Verdantix Risk Management practice, where he steers market research intelligence and provides Advisory services on risk and compliance matters. Daniel has a BA in Economics and an MSc in Capital Markets and Financial Engineering.

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