• Risk management extends its services in identifying a new form of potential risk that organizations fail to recognize or tend to overlook. This is largely due to every businesses concern of aligning risk management with the overall business strategy and the implementation of regulatory demands. But if one has set a robust risk management in place, it assists in meeting regulatory needs, results in efficient use of resources, saves cost and time, and reduces impact and loss. In order to assure risk aversion, one must comprehend the technical, operational, economic, social and environmental risks associated with the organization’s activities. This is achieved by adopting a five step method which is the basic skeletal structure for any company. One has to commence with identifying the threat and then move on to assessing the exposure the identified threat could have on critical assets of the organization. Once the risks are identified, a diagnosis ways to reduce those risks is conducted. Post brainstorming sessions, risk reduction measures are methodically prioritized based on a strategy. But not all vendors have the ability to make certain that risk management as an integral part of organizational processes, be responsive to change and establish that it is customizable. Scouting for the suitable vendor who is meticulous in their service offerings can be quite the daunting task. CIOReview recognizes the need of the hour and comes to your aid with a list of “20 Most Promising Risk Management Solution Providers”, an inventory of potential vendors providing best-in-class risk management solutions. A panel of reputable and renowned CEOs, CIOs, industry analysts and the CIOReview editorial team has carefully surveyed a sizable directory of risk management solution providers to ensure one can reach out to the trusted vendors in this unforgiving vast market.