AgenaRisk
GRC tools
Operational risk management software
- Features
- Ease of use
- Ease of management
- Quality of support
- Affordability
- Market presence
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£1,500.00 per year
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What is AgenaRisk
AgenaRisk is a risk analytics and decision-support platform that uses Bayesian networks to model uncertainty, causal relationships, and dependencies across risk factors. It is used by risk teams, analysts, and model owners to quantify operational risk scenarios, perform what-if analysis, and support governance around risk models and assumptions. The product differentiates through probabilistic graphical modeling capabilities and the ability to combine expert judgment with data-driven updates for risk assessment workflows.
Bayesian network risk modeling
AgenaRisk provides native Bayesian network tooling to represent causal drivers, dependencies, and uncertainty in a single model. This supports scenario analysis and probabilistic inference that is harder to express in traditional control-checklist or qualitative GRC workflows. It can be used to update risk estimates as new evidence arrives, which is useful for operational risk monitoring. The modeling approach is well-suited to complex, interdependent risk domains.
Quantitative what-if analysis
The platform supports sensitivity analysis and what-if testing to understand how changes in assumptions or controls affect risk outcomes. This helps teams compare scenarios and prioritize mitigations based on modeled impact rather than only qualitative scoring. It can support stress-style exploration of adverse conditions for operational risk use cases. The outputs can be used to document rationale for decisions and model assumptions.
Supports expert judgment inputs
AgenaRisk can incorporate expert elicitation where historical data is limited or incomplete, a common constraint in operational risk. This enables structured capture of assumptions and uncertainty ranges, which can be reviewed and governed. Combining expert inputs with data updates can improve transparency of how conclusions are reached. This is particularly relevant for low-frequency, high-impact risk events.
Not a full GRC suite
AgenaRisk focuses on probabilistic risk modeling rather than end-to-end GRC program management. Organizations may still need separate systems for policy management, audit workflows, records retention, communications compliance, or broad compliance content libraries. Integrations or process handoffs may be required to connect modeling outputs to enterprise GRC processes. This can add implementation effort in environments expecting an all-in-one platform.
Modeling expertise required
Effective use typically requires familiarity with Bayesian networks, probability concepts, and disciplined model governance. Teams without quantitative risk modeling skills may face a learning curve in building, validating, and maintaining models. Mis-specified structures or assumptions can lead to misleading outputs if not reviewed carefully. Adoption often benefits from dedicated analysts or model risk oversight.
Implementation depends on data readiness
While the product can work with expert judgment, higher-value use cases often depend on access to consistent operational loss, incident, control, and KRIs data. Data quality issues and inconsistent taxonomies can limit automation and comparability across business units. Establishing data pipelines and aligning definitions can take time. This may slow time-to-value compared with lighter-weight qualitative tools.
Plan & Pricing
| Plan | Price | Key features & notes |
|---|---|---|
| Agena.ai Modeller Standard (Single User Single Machine - SUSM) | £6,000.00 per year | Single-user, single-machine annual license; includes access to the agena.ai cloud service; license renewable. |
| Agena.ai Modeller API Standard (Single User Single Machine - SUSM) | £6,000.00 per year | Single-user API license (Java/Python/R); includes access to the agena.ai cloud computational API and cloud service. |
| Agena.ai Modeller Standard (Academic SUSM) | £1,500.00 per year | Academic single-user annual license; requires valid academic position/email and cannot be used for commercial purposes. |
| Enterprise / Custom / Other licensing | Custom pricing | Enterprise, volume, or tailored licensing not listed with fixed price—contact sales for quotes. |
Seller details
Agena Ltd
Cambridge, United Kingdom (Unsure)
Private
https://www.agenarisk.com/
https://x.com/AgenaRisk
https://www.linkedin.com/company/agena/
