{"id":18412,"date":"2026-01-09T08:55:40","date_gmt":"2026-01-09T08:55:40","guid":{"rendered":"https:\/\/www.scmgalaxy.com\/tutorials\/?p=18412"},"modified":"2026-01-09T08:55:42","modified_gmt":"2026-01-09T08:55:42","slug":"top-10-financial-risk-management-software-features-pros-cons-comparison","status":"publish","type":"post","link":"https:\/\/www.scmgalaxy.com\/tutorials\/top-10-financial-risk-management-software-features-pros-cons-comparison\/","title":{"rendered":"Top 10 Financial Risk Management Software: Features, Pros, Cons & Comparison"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

Introduction<\/h2>\n\n\n\n

Financial Risk Management Software<\/strong> is a specialized suite of digital tools designed to identify, analyze, and monitor risks to an organization\u2019s financial health. These platforms provide a centralized framework for managing various risk categories, including market risk (price fluctuations), credit risk (defaults), liquidity risk (cash flow shortages), and operational risk (internal failures). By integrating data from across the enterprise, these tools allow financial leaders to perform stress testing, Value at Risk (VaR) calculations, and scenario modeling in real-time.<\/p>\n\n\n\n

The importance of these platforms lies in their ability to provide clarity amidst chaos. Without a structured software solution, financial data often remains siloed in spreadsheets, leading to delayed reactions and human error. Key real-world use cases include a bank assessing the creditworthiness of a loan portfolio, a multinational corporation hedging against currency fluctuations, or an investment fund managing its exposure to volatile energy markets.<\/p>\n\n\n\n

When choosing a tool, users should evaluate data integration capabilities<\/strong>, the sophistication of analytical models<\/strong>, regulatory reporting features<\/strong> (such as Basel III or IFRS 9), and scalability<\/strong>. A truly effective platform doesn’t just report what happened in the past; it provides a predictive lens into potential future vulnerabilities.<\/p>\n\n\n\n

\n\n\n\n

Best for:<\/strong> Chief Financial Officers (CFOs), Risk Managers, and Treasurers in mid-to-large enterprises, commercial banks, hedge funds, and insurance companies. It is indispensable for firms operating in highly regulated environments or those with complex international supply chains and investment portfolios.<\/p>\n\n\n\n

Not ideal for:<\/strong> Small local businesses with straightforward cash flows and no exposure to complex financial instruments. For these entities, standard ERP software or robust accounting packages like Xero or QuickBooks with basic reporting modules are usually sufficient.<\/p>\n\n\n\n

\n\n\n\n

Top 10 Financial Risk Management Software Tools<\/h2>\n\n\n\n

1 \u2014 SAS Risk Management<\/h3>\n\n\n\n

SAS is widely considered the industry gold standard for advanced analytics and risk modeling, offering a comprehensive suite that covers the entire spectrum of financial risk.<\/p>\n\n\n\n

    \n
  • Key features:<\/strong>\n
      \n
    • High-performance risk engines for massive data processing.<\/li>\n\n\n\n
    • Integrated regulatory capital management and reporting.<\/li>\n\n\n\n
    • Advanced credit risk modeling and “what-if” scenario analysis.<\/li>\n\n\n\n
    • Real-time liquidity risk monitoring and stress testing.<\/li>\n\n\n\n
    • Comprehensive governance, risk, and compliance (GRC) integration.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
    • Pros:<\/strong>\n
        \n
      • Unmatched analytical depth and ability to handle “big data” with ease.<\/li>\n\n\n\n
      • Highly respected by global regulators, making compliance audits smoother.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
      • Cons:<\/strong>\n
          \n
        • Requires specialized expertise and a significant learning curve to master.<\/li>\n\n\n\n
        • High total cost of ownership, including implementation and maintenance.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
        • Security & compliance:<\/strong> SOC 2, GDPR, HIPAA, ISO 27001, and advanced multi-factor authentication (MFA).<\/li>\n\n\n\n
        • Support & community:<\/strong> World-class enterprise support, SAS Academy training, and a massive global user community.<\/li>\n<\/ul>\n\n\n\n

          2 \u2014 Kyriba<\/h3>\n\n\n\n

          Kyriba is a leading cloud-based treasury management solution that focuses heavily on liquidity, payments, and financial risk mitigation.<\/p>\n\n\n\n

            \n
          • Key features:<\/strong>\n
              \n
            • Real-time cash visibility across global bank accounts.<\/li>\n\n\n\n
            • Automated FX (Foreign Exchange) exposure management.<\/li>\n\n\n\n
            • Interest rate risk modeling and hedging strategies.<\/li>\n\n\n\n
            • Integrated supply chain finance modules.<\/li>\n\n\n\n
            • Bank connectivity via pre-configured API and SWIFT.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
            • Pros:<\/strong>\n
                \n
              • Excellent for global corporations managing multiple currencies and international bank accounts.<\/li>\n\n\n\n
              • Modern, user-friendly interface that reduces the need for extensive IT involvement.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
              • Cons:<\/strong>\n
                  \n
                • Stronger on treasury and liquidity than on deep credit risk modeling.<\/li>\n\n\n\n
                • Can become expensive as more modules and bank connections are added.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
                • Security & compliance:<\/strong> SOC 1 & SOC 2 Type II, ISO 27001, and CyberGRX assessment.<\/li>\n\n\n\n
                • Support & community:<\/strong> 24\/7 global support, dedicated success managers, and the “Kyriba Academy” for certification.<\/li>\n<\/ul>\n\n\n\n

                  3 \u2014 Bloomberg Terminal (Risk Solutions)<\/h3>\n\n\n\n

                  While famous as a data source, the Bloomberg Terminal offers some of the most powerful real-time risk analytics tools used by traders and portfolio managers worldwide.<\/p>\n\n\n\n

                    \n
                  • Key features:<\/strong>\n
                      \n
                    • Real-time MARS (Multi-Asset Risk System) for portfolio monitoring.<\/li>\n\n\n\n
                    • Comprehensive Value at Risk (VaR) and Greeks calculations.<\/li>\n\n\n\n
                    • Instant access to global market data and news sentiment.<\/li>\n\n\n\n
                    • Advanced fixed-income and derivative risk modeling.<\/li>\n\n\n\n
                    • Peer benchmarking and historical volatility analysis.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
                    • Pros:<\/strong>\n
                        \n
                      • The most current market data available, updated in milliseconds.<\/li>\n\n\n\n
                      • Seamless transition from market research to risk analysis within one ecosystem.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
                      • Cons:<\/strong>\n
                          \n
                        • Extremely high annual subscription cost per user.<\/li>\n\n\n\n
                        • Not a standalone enterprise risk framework; focused more on investment risk.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
                        • Security & compliance:<\/strong> High-level proprietary encryption, biometric access (B-Unit), and SOC 2 compliance.<\/li>\n\n\n\n
                        • Support & community:<\/strong> Famous “Help-Help” 24\/7 instant chat support and global training seminars.<\/li>\n<\/ul>\n\n\n\n

                          4 \u2014 IBM OpenPages<\/h3>\n\n\n\n

                          IBM OpenPages is an AI-driven GRC platform that helps organizations manage financial risk through the lens of governance and regulatory compliance.<\/p>\n\n\n\n

                            \n
                          • Key features:<\/strong>\n
                              \n
                            • Watson AI integration for identifying risk patterns and anomalies.<\/li>\n\n\n\n
                            • Centralized policy management and regulatory change tracking.<\/li>\n\n\n\n
                            • Operational risk management with automated incident reporting.<\/li>\n\n\n\n
                            • Internal audit management and financial control tracking (SOX).<\/li>\n\n\n\n
                            • Dynamic dashboards for executive-level risk visualization.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
                            • Pros:<\/strong>\n
                                \n
                              • Powerful AI capabilities that help automate the “boring” parts of risk monitoring.<\/li>\n\n\n\n
                              • Highly scalable for the world’s largest financial institutions.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
                              • Cons:<\/strong>\n
                                  \n
                                • The setup is labor-intensive and requires significant consulting hours.<\/li>\n\n\n\n
                                • The UI can feel “corporate” and dense compared to newer SaaS competitors.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
                                • Security & compliance:<\/strong> ISO 27001, HIPAA, GDPR, and FedRAMP authorized for government use.<\/li>\n\n\n\n
                                • Support & community:<\/strong> IBM’s global professional services and a vast network of certified implementation partners.<\/li>\n<\/ul>\n\n\n\n

                                  5 \u2014 Moody\u2019s Analytics (RiskCalc)<\/h3>\n\n\n\n

                                  Leveraging the world\u2019s most famous credit data, Moody\u2019s Analytics provides specialized tools for assessing credit risk and economic capital.<\/p>\n\n\n\n

                                    \n
                                  • Key features:<\/strong>\n
                                      \n
                                    • Probability of Default (PD) and Loss Given Default (LGD) modeling.<\/li>\n\n\n\n
                                    • Early warning systems for deteriorating credit quality.<\/li>\n\n\n\n
                                    • Stress testing against various economic cycle scenarios.<\/li>\n\n\n\n
                                    • Deep industry-specific risk benchmarks.<\/li>\n\n\n\n
                                    • Automated financial statement spreading and analysis.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
                                    • Pros:<\/strong>\n
                                        \n
                                      • Access to the industry’s most trusted credit risk data and methodologies.<\/li>\n\n\n\n
                                      • Essential for lending institutions that must justify their risk models to auditors.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
                                      • Cons:<\/strong>\n
                                          \n
                                        • The platform is highly specialized; it\u2019s not an “all-in-one” treasury tool.<\/li>\n\n\n\n
                                        • Some modules feel like separate products rather than a unified experience.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
                                        • Security & compliance:<\/strong> SOC 2, GDPR, and rigorous data privacy protocols.<\/li>\n\n\n\n
                                        • Support & community:<\/strong> Expert-led webinars, technical support, and extensive research publications.<\/li>\n<\/ul>\n\n\n\n

                                          6 \u2014 Oracle Financial Services Analytical Applications (OFSAA)<\/h3>\n\n\n\n

                                          Oracle offers a massive suite of applications designed specifically for financial institutions to manage risk, performance, and compliance.<\/p>\n\n\n\n

                                            \n
                                          • Key features:<\/strong>\n
                                              \n
                                            • Enterprise-wide stress testing and capital planning.<\/li>\n\n\n\n
                                            • Asset Liability Management (ALM) for interest rate risk.<\/li>\n\n\n\n
                                            • Market risk analytics across diverse asset classes.<\/li>\n\n\n\n
                                            • Anti-Money Laundering (AML) and fraud detection tools.<\/li>\n\n\n\n
                                            • Transfer pricing and profitability management.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
                                            • Pros:<\/strong>\n
                                                \n
                                              • Deeply integrated with Oracle\u2019s database and ERP ecosystem.<\/li>\n\n\n\n
                                              • Capable of handling the world\u2019s most complex banking regulatory requirements.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
                                              • Cons:<\/strong>\n
                                                  \n
                                                • Very high cost and complexity; requires a dedicated internal IT team.<\/li>\n\n\n\n
                                                • The “modular” nature means costs can spiral as you add necessary features.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
                                                • Security & compliance:<\/strong> ISO 27001, SOC 1\/2\/3, HIPAA, and military-grade encryption.<\/li>\n\n\n\n
                                                • Support & community:<\/strong> Global Oracle support network and a large ecosystem of third-party consultants.<\/li>\n<\/ul>\n\n\n\n

                                                  7 \u2014 FIS Ambit Risk & Performance<\/h3>\n\n\n\n

                                                  FIS provides a dedicated suite for banks and insurance companies to manage their balance sheets and regulatory capital.<\/p>\n\n\n\n

                                                    \n
                                                  • Key features:<\/strong>\n
                                                      \n
                                                    • Integrated ALM, liquidity, and market risk framework.<\/li>\n\n\n\n
                                                    • Regulatory reporting for Basel and local jurisdictions.<\/li>\n\n\n\n
                                                    • Funds Transfer Pricing (FTP) to measure business line profitability.<\/li>\n\n\n\n
                                                    • Sophisticated behavioral modeling for non-maturing deposits.<\/li>\n\n\n\n
                                                    • Economic Value of Equity (EVE) and Net Interest Income (NII) sensitivity.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
                                                    • Pros:<\/strong>\n
                                                        \n
                                                      • Built specifically for the “banking book,” making it highly relevant for CFOs.<\/li>\n\n\n\n
                                                      • Strong focus on the intersection of risk and performance.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
                                                      • Cons:<\/strong>\n
                                                          \n
                                                        • Less intuitive for non-banking corporate finance departments.<\/li>\n\n\n\n
                                                        • Implementation can be slow due to the depth of financial configuration.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
                                                        • Security & compliance:<\/strong> SOC 1, SOC 2, and FIS global security standards.<\/li>\n\n\n\n
                                                        • Support & community:<\/strong> Dedicated banking industry experts and 24\/7 technical assistance.<\/li>\n<\/ul>\n\n\n\n

                                                          8 \u2014 Misys (Finastra – Fusion Risk)<\/h3>\n\n\n\n

                                                          Finastra\u2019s Fusion Risk platform provides a modern, cloud-enabled approach to managing multi-asset class risk for financial institutions.<\/p>\n\n\n\n

                                                            \n
                                                          • Key features:<\/strong>\n
                                                              \n
                                                            • Unified data architecture for a single version of risk truth.<\/li>\n\n\n\n
                                                            • Real-time limits management to prevent unauthorized exposure.<\/li>\n\n\n\n
                                                            • Regulatory compliance modules for FRTB and IFRS 9.<\/li>\n\n\n\n
                                                            • Advanced market and credit risk analytics.<\/li>\n\n\n\n
                                                            • Open APIs for connecting to external data and fintech tools.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
                                                            • Pros:<\/strong>\n
                                                                \n
                                                              • The “Open Banking” approach makes it easier to integrate with modern fintech.<\/li>\n\n\n\n
                                                              • Highly visual dashboards that translate complex data for executives.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
                                                              • Cons:<\/strong>\n
                                                                  \n
                                                                • As a platform that grew through acquisitions, some modules still feel distinct.<\/li>\n\n\n\n
                                                                • Customer support response times have been cited as a variable factor.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
                                                                • Security & compliance:<\/strong> ISO 27001, SOC 2, and GDPR compliant.<\/li>\n\n\n\n
                                                                • Support & community:<\/strong> Finastra “FusionFabric.cloud” developer community and global support centers.<\/li>\n<\/ul>\n\n\n\n

                                                                  9 \u2014 Murex (MX.3)<\/h3>\n\n\n\n

                                                                  Murex is a dominant player in the capital markets space, providing a single platform for trading, risk, and operations.<\/p>\n\n\n\n

                                                                    \n
                                                                  • Key features:<\/strong>\n
                                                                      \n
                                                                    • Real-time market risk and P&L monitoring.<\/li>\n\n\n\n
                                                                    • Centralized collateral management across the enterprise.<\/li>\n\n\n\n
                                                                    • Support for complex derivatives and structured products.<\/li>\n\n\n\n
                                                                    • Integrated back-office and settlement features.<\/li>\n\n\n\n
                                                                    • High-performance computing (HPC) for large-scale simulations.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
                                                                    • Pros:<\/strong>\n
                                                                        \n
                                                                      • Incredible depth for firms trading complex financial instruments.<\/li>\n\n\n\n
                                                                      • eliminates the “data gap” between front-office traders and back-office risk managers.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
                                                                      • Cons:<\/strong>\n
                                                                          \n
                                                                        • Notoriously difficult and expensive to implement.<\/li>\n\n\n\n
                                                                        • Overkill for companies that do not engage in heavy capital markets activity.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
                                                                        • Security & compliance:<\/strong> SOC 2, ISO 27001, and robust internal audit logging.<\/li>\n\n\n\n
                                                                        • Support & community:<\/strong> High-touch enterprise support and a specialized consultant network.<\/li>\n<\/ul>\n\n\n\n

                                                                          10 \u2014 LogicManager<\/h3>\n\n\n\n

                                                                          LogicManager is a favorite for mid-market companies that need an intuitive, all-in-one Enterprise Risk Management (ERM) solution.<\/p>\n\n\n\n

                                                                            \n
                                                                          • Key features:<\/strong>\n
                                                                              \n
                                                                            • Risk assessment and heatmap visualization.<\/li>\n\n\n\n
                                                                            • Automated task management for risk mitigation.<\/li>\n\n\n\n
                                                                            • Incident management and root cause analysis.<\/li>\n\n\n\n
                                                                            • Integrated vendor risk management.<\/li>\n\n\n\n
                                                                            • Pre-built templates for financial industry compliance.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
                                                                            • Pros:<\/strong>\n
                                                                                \n
                                                                              • One of the most user-friendly platforms on the market.<\/li>\n\n\n\n
                                                                              • Excellent value-to-price ratio for mid-market firms.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
                                                                              • Cons:<\/strong>\n
                                                                                  \n
                                                                                • Lacks the deep “quantitative” engines for complex derivative modeling found in SAS or Murex.<\/li>\n\n\n\n
                                                                                • More focused on the process<\/em> of risk than the math<\/em> of risk.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
                                                                                • Security & compliance:<\/strong> SOC 2 Type II, HIPAA, and GDPR.<\/li>\n\n\n\n
                                                                                • Support & community:<\/strong> Award-winning customer success teams and a strong focus on onboarding.<\/li>\n<\/ul>\n\n\n\n
                                                                                  \n\n\n\n

                                                                                  Comparison Table<\/h2>\n\n\n\n
                                                                                  Tool Name<\/strong><\/td>Best For<\/strong><\/td>Platform(s) Supported<\/strong><\/td>Standout Feature<\/strong><\/td>Rating (Gartner\/TrueReview)<\/strong><\/td><\/tr><\/thead>
                                                                                  SAS Risk<\/strong><\/td>Advanced Analytics<\/td>Web, On-Premise<\/td>Heavyweight Data Engine<\/td>4.7\/5<\/td><\/tr>
                                                                                  Kyriba<\/strong><\/td>Corporate Treasury<\/td>Cloud \/ Web<\/td>Global FX & Cash Visibility<\/td>4.5\/5<\/td><\/tr>
                                                                                  Bloomberg<\/strong><\/td>Investment\/Market Risk<\/td>Desktop \/ Terminal<\/td>Real-Time Market Feed<\/td>4.8\/5<\/td><\/tr>
                                                                                  IBM OpenPages<\/strong><\/td>AI-Driven GRC<\/td>Cloud \/ Web<\/td>Watson AI Integration<\/td>4.3\/5<\/td><\/tr>
                                                                                  Moody’s<\/strong><\/td>Credit Risk<\/td>Web \/ Cloud<\/td>Industry-Leading Credit Data<\/td>4.4\/5<\/td><\/tr>
                                                                                  OFSAA<\/strong><\/td>Large Bank Systems<\/td>On-Premise \/ Cloud<\/td>Deep Oracle Integration<\/td>4.2\/5<\/td><\/tr>
                                                                                  FIS Ambit<\/strong><\/td>Balance Sheet Mgmt<\/td>Web \/ Cloud<\/td>ALM Behavioral Modeling<\/td>4.4\/5<\/td><\/tr>
                                                                                  Fusion Risk<\/strong><\/td>Open Banking<\/td>Cloud \/ Web<\/td>API-First Architecture<\/td>4.1\/5<\/td><\/tr>
                                                                                  Murex<\/strong><\/td>Capital Markets<\/td>Desktop \/ Web<\/td>Front-to-Back Integration<\/td>4.5\/5<\/td><\/tr>
                                                                                  LogicManager<\/strong><\/td>Mid-Market ERM<\/td>Cloud \/ Web<\/td>Intuitive Risk Heatmaps<\/td>4.6\/5<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
                                                                                  \n\n\n\n

                                                                                  Evaluation & Scoring of Financial Risk Management Software<\/h2>\n\n\n\n

                                                                                  To help organizations choose the right software, we have developed a weighted scoring system that prioritizes the technical and operational requirements of a modern finance department.<\/p>\n\n\n\n

                                                                                  Criteria<\/strong><\/td>Weight<\/strong><\/td>Evaluation Focus<\/strong><\/td><\/tr><\/thead>
                                                                                  Core Features<\/strong><\/td>25%<\/td>Scenario modeling, stress testing, VaR, and real-time monitoring.<\/td><\/tr>
                                                                                  Ease of Use<\/strong><\/td>15%<\/td>Dashboard clarity, mobile access, and UI intuitiveness.<\/td><\/tr>
                                                                                  Integrations<\/strong><\/td>15%<\/td>Compatibility with ERPs, banks, and external market data feeds.<\/td><\/tr>
                                                                                  Security & Compliance<\/strong><\/td>10%<\/td>Regulatory reporting modules, encryption, and audit trails.<\/td><\/tr>
                                                                                  Performance<\/strong><\/td>10%<\/td>Calculation speed, data processing volume, and system uptime.<\/td><\/tr>
                                                                                  Support<\/strong><\/td>10%<\/td>Training quality, 24\/7 help desk, and implementation services.<\/td><\/tr>
                                                                                  Price \/ Value<\/strong><\/td>15%<\/td>ROI, transparency of pricing, and total cost of ownership.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
                                                                                  \n\n\n\n

                                                                                  Which Financial Risk Management Software Tool Is Right for You?<\/h2>\n\n\n\n

                                                                                  Choosing a risk management platform is a long-term commitment. The “right” choice depends heavily on your organization’s maturity, budget, and specific risk exposures.<\/p>\n\n\n\n

                                                                                  Solo Users vs SMB vs Mid-Market vs Enterprise<\/h3>\n\n\n\n
                                                                                    \n
                                                                                  • Solo\/Freelance:<\/strong> You likely do not need specialized risk software. Stick to high-level accounting software with basic budgeting modules.<\/li>\n\n\n\n
                                                                                  • SMBs:<\/strong> Focus on LogicManager<\/strong>. It provides the governance structure you need without requiring a Ph.D. in mathematics to operate.<\/li>\n\n\n\n
                                                                                  • Mid-Market:<\/strong> Kyriba<\/strong> is often the sweet spot, providing enterprise-grade treasury and FX risk management in a modern, cloud-first package.<\/li>\n\n\n\n
                                                                                  • Enterprise\/Global Banks:<\/strong> You require the heavyweight capabilities of SAS<\/strong>, Oracle<\/strong>, or IBM<\/strong>. These tools can handle the massive datasets and complex regulatory audits inherent to large-scale operations.<\/li>\n<\/ul>\n\n\n\n

                                                                                    Budget-Conscious vs Premium Solutions<\/h3>\n\n\n\n
                                                                                      \n
                                                                                    • Budget-Conscious:<\/strong> Look for modular SaaS platforms like LogicManager<\/strong> or Chaser<\/strong> (for credit risk). These allow you to pay only for the risk modules you currently need.<\/li>\n\n\n\n
                                                                                    • Premium:<\/strong> Bloomberg<\/strong> and Murex<\/strong> are premium for a reason. If your firm\u2019s profitability depends on millisecond-level market moves or complex derivatives, the cost is a necessary investment in survival.<\/li>\n<\/ul>\n\n\n\n

                                                                                      Feature Depth vs Ease of Use<\/h3>\n\n\n\n

                                                                                      If your primary concern is Ease of Use<\/strong>, avoid Murex and SAS; they are built for power, not simplicity. Instead, choose Kyriba<\/strong> or LogicManager<\/strong>. If your primary concern is Feature Depth<\/strong> (e.g., you need to model 10,000 credit scenarios for a regulatory audit), you must accept the complexity of SAS<\/strong> or Moody\u2019s<\/strong>.<\/p>\n\n\n\n

                                                                                      Integration and Scalability Needs<\/h3>\n\n\n\n

                                                                                      For those already deep in the Oracle<\/strong> or IBM<\/strong> ecosystem, sticking with their risk modules often yields the best results due to pre-built data pipelines. If you are a growing fintech company, an API-first<\/strong> platform like Finastra (Fusion Risk)<\/strong> will scale better with your tech stack.<\/p>\n\n\n\n

                                                                                      Security and Compliance Requirements<\/h3>\n\n\n\n

                                                                                      If you operate in a region with strict data residency laws (like the EU or highly regulated parts of Asia), prioritize vendors with local data centers and robust GDPR\/SOC 2<\/strong> certifications. FIS<\/strong> and Moody\u2019s<\/strong> are particularly strong in meeting high-level banking compliance standards globally.<\/p>\n\n\n\n

                                                                                      \n\n\n\n

                                                                                      Frequently Asked Questions (FAQs)<\/h2>\n\n\n\n

                                                                                      How does AI help in financial risk management?<\/p>\n\n\n\n

                                                                                      AI can scan millions of transactions to find patterns that a human might miss, such as early indicators of credit default or fraudulent activity. Tools like IBM OpenPages use AI to predict how regulatory changes might impact your specific risk profile.<\/p>\n\n\n\n

                                                                                      What is the difference between ERM and financial risk software?<\/p>\n\n\n\n

                                                                                      Enterprise Risk Management (ERM) is a broad category covering everything from fire safety to brand reputation. Financial risk software is a specialized subset that focuses strictly on quantitative threats like market, credit, and liquidity risk.<\/p>\n\n\n\n

                                                                                      Can these tools prevent a financial crisis?<\/p>\n\n\n\n

                                                                                      They cannot prevent market crashes, but they can ensure your organization has enough “cushion” to survive one. By running stress tests, these tools tell you exactly how much capital you might lose in a worst-case scenario.<\/p>\n\n\n\n

                                                                                      How long does implementation typically take?<\/p>\n\n\n\n

                                                                                      For mid-market SaaS tools, implementation takes 3 to 6 months. For enterprise-level banking systems like Oracle or SAS, it can take 12 to 24 months to fully integrate data and train staff.<\/p>\n\n\n\n

                                                                                      Are cloud-based risk tools secure enough for banks?<\/p>\n\n\n\n

                                                                                      Yes. Modern cloud providers (AWS, Azure, Google Cloud) often offer better security than on-premise servers. Most top-tier vendors now use “private cloud” or “hybrid cloud” setups to meet the strictest banking security standards.<\/p>\n\n\n\n

                                                                                      What is Value at Risk (VaR) and do I need it?<\/p>\n\n\n\n

                                                                                      VaR is a calculation that tells you the maximum amount you are likely to lose over a specific time frame. If you manage an investment portfolio or trade commodities, VaR is an essential metric.<\/p>\n\n\n\n

                                                                                      Do these tools integrate with Excel?<\/p>\n\n\n\n

                                                                                      Most do. While the goal is to move away from spreadsheets, almost all platforms allow you to export reports to Excel or use “Excel Add-ins” to pull live risk data into your existing sheets.<\/p>\n\n\n\n

                                                                                      Is training included in the subscription cost?<\/p>\n\n\n\n

                                                                                      It varies. Premium vendors like Kyriba and SAS have dedicated “academies” that may require a separate fee, while mid-market vendors like LogicManager often include basic onboarding in their pricing.<\/p>\n\n\n\n

                                                                                      What is “Stress Testing” in this context?<\/p>\n\n\n\n

                                                                                      Stress testing involves “breaking” your financial model on purpose. For example, you might ask the software: “What happens to our cash flow if interest rates rise by 3% and our biggest client defaults simultaneously?”<\/p>\n\n\n\n

                                                                                      What is the most common mistake when buying this software?<\/p>\n\n\n\n

                                                                                      Buying a tool that is too complex for your team to use. If your staff finds the interface intimidating, they will revert to using spreadsheets, and you will lose the “single source of truth” that you paid for.<\/p>\n\n\n\n

                                                                                      \n\n\n\n

                                                                                      Conclusion<\/h2>\n\n\n\n

                                                                                      Financial risk management is no longer a “back-office” function; it is a strategic driver of corporate stability. The market for risk software is diverse, ranging from the mathematical power of SAS<\/strong> and Moody\u2019s<\/strong> to the operational efficiency of Kyriba<\/strong> and LogicManager<\/strong>.<\/p>\n\n\n\n

                                                                                      As you evaluate these tools, remember that the “best” software is the one that your team can actually use to make faster, better decisions under pressure. Focus on data integration and real-time visibility. In a world of constant change, the most valuable financial asset you can own is a clear view of the risks ahead.<\/p>\n","protected":false},"excerpt":{"rendered":"

                                                                                      Introduction Financial Risk Management Software is a specialized suite of digital tools designed to identify, analyze, and monitor risks to […]<\/p>\n","protected":false},"author":45,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_joinchat":[],"footnotes":""},"categories":[1],"tags":[10455,10454,9619,8840,10446],"class_list":["post-18412","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-enterpriserisk","tag-financialriskmanagement","tag-financialsoftware","tag-fintech","tag-riskanalytics"],"yoast_head":"\nTop 10 Financial Risk Management Software: Features, Pros, Cons & Comparison - scmGalaxy<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.scmgalaxy.com\/tutorials\/top-10-financial-risk-management-software-features-pros-cons-comparison\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Top 10 Financial Risk Management Software: Features, Pros, Cons & Comparison - scmGalaxy\" \/>\n<meta property=\"og:description\" content=\"Introduction Financial Risk Management Software is a specialized suite of digital tools designed to identify, analyze, and monitor risks to […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.scmgalaxy.com\/tutorials\/top-10-financial-risk-management-software-features-pros-cons-comparison\/\" \/>\n<meta property=\"og:site_name\" content=\"scmGalaxy\" \/>\n<meta property=\"article:published_time\" content=\"2026-01-09T08:55:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-01-09T08:55:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.scmgalaxy.com\/tutorials\/wp-content\/uploads\/2026\/01\/image-7.png\" \/>\n\t<meta property=\"og:image:width\" content=\"515\" \/>\n\t<meta property=\"og:image:height\" content=\"363\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"scmgalaxy\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"scmgalaxy\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"13 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.scmgalaxy.com\\\/tutorials\\\/top-10-financial-risk-management-software-features-pros-cons-comparison\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.scmgalaxy.com\\\/tutorials\\\/top-10-financial-risk-management-software-features-pros-cons-comparison\\\/\"},\"author\":{\"name\":\"scmgalaxy\",\"@id\":\"https:\\\/\\\/www.scmgalaxy.com\\\/tutorials\\\/#\\\/schema\\\/person\\\/08ab045d826b7098810be83e1205b545\"},\"headline\":\"Top 10 Financial Risk Management Software: Features, Pros, Cons & Comparison\",\"datePublished\":\"2026-01-09T08:55:40+00:00\",\"dateModified\":\"2026-01-09T08:55:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.scmgalaxy.com\\\/tutorials\\\/top-10-financial-risk-management-software-features-pros-cons-comparison\\\/\"},\"wordCount\":2632,\"commentCount\":1,\"image\":{\"@id\":\"https:\\\/\\\/www.scmgalaxy.com\\\/tutorials\\\/top-10-financial-risk-management-software-features-pros-cons-comparison\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.scmgalaxy.com\\\/tutorials\\\/wp-content\\\/uploads\\\/2026\\\/01\\\/image-7.png\",\"keywords\":[\"#EnterpriseRisk\",\"#FinancialRiskManagement\",\"#FinancialSoftware\",\"#FinTech\",\"#RiskAnalytics\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.scmgalaxy.com\\\/tutorials\\\/top-10-financial-risk-management-software-features-pros-cons-comparison\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.scmgalaxy.com\\\/tutorials\\\/top-10-financial-risk-management-software-features-pros-cons-comparison\\\/\",\"url\":\"https:\\\/\\\/www.scmgalaxy.com\\\/tutorials\\\/top-10-financial-risk-management-software-features-pros-cons-comparison\\\/\",\"name\":\"Top 10 Financial Risk Management Software: Features, Pros, Cons & Comparison - scmGalaxy\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.scmgalaxy.com\\\/tutorials\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.scmgalaxy.com\\\/tutorials\\\/top-10-financial-risk-management-software-features-pros-cons-comparison\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.scmgalaxy.com\\\/tutorials\\\/top-10-financial-risk-management-software-features-pros-cons-comparison\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.scmgalaxy.com\\\/tutorials\\\/wp-content\\\/uploads\\\/2026\\\/01\\\/image-7.png\",\"datePublished\":\"2026-01-09T08:55:40+00:00\",\"dateModified\":\"2026-01-09T08:55:42+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.scmgalaxy.com\\\/tutorials\\\/#\\\/schema\\\/person\\\/08ab045d826b7098810be83e1205b545\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.scmgalaxy.com\\\/tutorials\\\/top-10-financial-risk-management-software-features-pros-cons-comparison\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.scmgalaxy.com\\\/tutorials\\\/top-10-financial-risk-management-software-features-pros-cons-comparison\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.scmgalaxy.com\\\/tutorials\\\/top-10-financial-risk-management-software-features-pros-cons-comparison\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.scmgalaxy.com\\\/tutorials\\\/wp-content\\\/uploads\\\/2026\\\/01\\\/image-7.png\",\"contentUrl\":\"https:\\\/\\\/www.scmgalaxy.com\\\/tutorials\\\/wp-content\\\/uploads\\\/2026\\\/01\\\/image-7.png\",\"width\":515,\"height\":363},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.scmgalaxy.com\\\/tutorials\\\/top-10-financial-risk-management-software-features-pros-cons-comparison\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.scmgalaxy.com\\\/tutorials\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Top 10 Financial Risk Management Software: Features, Pros, Cons & Comparison\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.scmgalaxy.com\\\/tutorials\\\/#website\",\"url\":\"https:\\\/\\\/www.scmgalaxy.com\\\/tutorials\\\/\",\"name\":\"scmGalaxy\",\"description\":\"A Platform for Software Engineers\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.scmgalaxy.com\\\/tutorials\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.scmgalaxy.com\\\/tutorials\\\/#\\\/schema\\\/person\\\/08ab045d826b7098810be83e1205b545\",\"name\":\"scmgalaxy\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/fc2eac5e4980adadb69284b252ba53f36a83bddc60c53048057a55f336f08b5a?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/fc2eac5e4980adadb69284b252ba53f36a83bddc60c53048057a55f336f08b5a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/fc2eac5e4980adadb69284b252ba53f36a83bddc60c53048057a55f336f08b5a?s=96&d=mm&r=g\",\"caption\":\"scmgalaxy\"},\"url\":\"https:\\\/\\\/www.scmgalaxy.com\\\/tutorials\\\/author\\\/manshi\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Top 10 Financial Risk Management Software: Features, Pros, Cons & Comparison - scmGalaxy","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.scmgalaxy.com\/tutorials\/top-10-financial-risk-management-software-features-pros-cons-comparison\/","og_locale":"en_US","og_type":"article","og_title":"Top 10 Financial Risk Management Software: Features, Pros, Cons & Comparison - scmGalaxy","og_description":"Introduction Financial Risk Management Software is a specialized suite of digital tools designed to identify, analyze, and monitor risks to […]","og_url":"https:\/\/www.scmgalaxy.com\/tutorials\/top-10-financial-risk-management-software-features-pros-cons-comparison\/","og_site_name":"scmGalaxy","article_published_time":"2026-01-09T08:55:40+00:00","article_modified_time":"2026-01-09T08:55:42+00:00","og_image":[{"width":515,"height":363,"url":"https:\/\/www.scmgalaxy.com\/tutorials\/wp-content\/uploads\/2026\/01\/image-7.png","type":"image\/png"}],"author":"scmgalaxy","twitter_card":"summary_large_image","twitter_misc":{"Written by":"scmgalaxy","Est. reading time":"13 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.scmgalaxy.com\/tutorials\/top-10-financial-risk-management-software-features-pros-cons-comparison\/#article","isPartOf":{"@id":"https:\/\/www.scmgalaxy.com\/tutorials\/top-10-financial-risk-management-software-features-pros-cons-comparison\/"},"author":{"name":"scmgalaxy","@id":"https:\/\/www.scmgalaxy.com\/tutorials\/#\/schema\/person\/08ab045d826b7098810be83e1205b545"},"headline":"Top 10 Financial Risk Management Software: Features, Pros, Cons & Comparison","datePublished":"2026-01-09T08:55:40+00:00","dateModified":"2026-01-09T08:55:42+00:00","mainEntityOfPage":{"@id":"https:\/\/www.scmgalaxy.com\/tutorials\/top-10-financial-risk-management-software-features-pros-cons-comparison\/"},"wordCount":2632,"commentCount":1,"image":{"@id":"https:\/\/www.scmgalaxy.com\/tutorials\/top-10-financial-risk-management-software-features-pros-cons-comparison\/#primaryimage"},"thumbnailUrl":"https:\/\/www.scmgalaxy.com\/tutorials\/wp-content\/uploads\/2026\/01\/image-7.png","keywords":["#EnterpriseRisk","#FinancialRiskManagement","#FinancialSoftware","#FinTech","#RiskAnalytics"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.scmgalaxy.com\/tutorials\/top-10-financial-risk-management-software-features-pros-cons-comparison\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.scmgalaxy.com\/tutorials\/top-10-financial-risk-management-software-features-pros-cons-comparison\/","url":"https:\/\/www.scmgalaxy.com\/tutorials\/top-10-financial-risk-management-software-features-pros-cons-comparison\/","name":"Top 10 Financial Risk Management Software: Features, Pros, Cons & Comparison - scmGalaxy","isPartOf":{"@id":"https:\/\/www.scmgalaxy.com\/tutorials\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.scmgalaxy.com\/tutorials\/top-10-financial-risk-management-software-features-pros-cons-comparison\/#primaryimage"},"image":{"@id":"https:\/\/www.scmgalaxy.com\/tutorials\/top-10-financial-risk-management-software-features-pros-cons-comparison\/#primaryimage"},"thumbnailUrl":"https:\/\/www.scmgalaxy.com\/tutorials\/wp-content\/uploads\/2026\/01\/image-7.png","datePublished":"2026-01-09T08:55:40+00:00","dateModified":"2026-01-09T08:55:42+00:00","author":{"@id":"https:\/\/www.scmgalaxy.com\/tutorials\/#\/schema\/person\/08ab045d826b7098810be83e1205b545"},"breadcrumb":{"@id":"https:\/\/www.scmgalaxy.com\/tutorials\/top-10-financial-risk-management-software-features-pros-cons-comparison\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.scmgalaxy.com\/tutorials\/top-10-financial-risk-management-software-features-pros-cons-comparison\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.scmgalaxy.com\/tutorials\/top-10-financial-risk-management-software-features-pros-cons-comparison\/#primaryimage","url":"https:\/\/www.scmgalaxy.com\/tutorials\/wp-content\/uploads\/2026\/01\/image-7.png","contentUrl":"https:\/\/www.scmgalaxy.com\/tutorials\/wp-content\/uploads\/2026\/01\/image-7.png","width":515,"height":363},{"@type":"BreadcrumbList","@id":"https:\/\/www.scmgalaxy.com\/tutorials\/top-10-financial-risk-management-software-features-pros-cons-comparison\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.scmgalaxy.com\/tutorials\/"},{"@type":"ListItem","position":2,"name":"Top 10 Financial Risk Management Software: Features, Pros, Cons & Comparison"}]},{"@type":"WebSite","@id":"https:\/\/www.scmgalaxy.com\/tutorials\/#website","url":"https:\/\/www.scmgalaxy.com\/tutorials\/","name":"scmGalaxy","description":"A Platform for Software Engineers","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.scmgalaxy.com\/tutorials\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.scmgalaxy.com\/tutorials\/#\/schema\/person\/08ab045d826b7098810be83e1205b545","name":"scmgalaxy","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/fc2eac5e4980adadb69284b252ba53f36a83bddc60c53048057a55f336f08b5a?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/fc2eac5e4980adadb69284b252ba53f36a83bddc60c53048057a55f336f08b5a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/fc2eac5e4980adadb69284b252ba53f36a83bddc60c53048057a55f336f08b5a?s=96&d=mm&r=g","caption":"scmgalaxy"},"url":"https:\/\/www.scmgalaxy.com\/tutorials\/author\/manshi\/"}]}},"_links":{"self":[{"href":"https:\/\/www.scmgalaxy.com\/tutorials\/wp-json\/wp\/v2\/posts\/18412","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scmgalaxy.com\/tutorials\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scmgalaxy.com\/tutorials\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scmgalaxy.com\/tutorials\/wp-json\/wp\/v2\/users\/45"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scmgalaxy.com\/tutorials\/wp-json\/wp\/v2\/comments?post=18412"}],"version-history":[{"count":1,"href":"https:\/\/www.scmgalaxy.com\/tutorials\/wp-json\/wp\/v2\/posts\/18412\/revisions"}],"predecessor-version":[{"id":18417,"href":"https:\/\/www.scmgalaxy.com\/tutorials\/wp-json\/wp\/v2\/posts\/18412\/revisions\/18417"}],"wp:attachment":[{"href":"https:\/\/www.scmgalaxy.com\/tutorials\/wp-json\/wp\/v2\/media?parent=18412"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scmgalaxy.com\/tutorials\/wp-json\/wp\/v2\/categories?post=18412"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scmgalaxy.com\/tutorials\/wp-json\/wp\/v2\/tags?post=18412"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}