GOAT Risk Solutions

United Kingdom, London

With a passion for exploring new heights in business, Danny Wong, Founder and CEO of the risk management software company, GOAT Risk Solutions, is leading the field in changing the perception of risk management.

Main Services:

Risk Management Software, Low Cost Risk Management Software, Free Trial Risk Management Software, Enterprise Risk Management Software, Risk Management Training, Risk Management Consulting, Risk Management Support

GOAT Risk Solutions

GOAT Risk Solutions – Simplifying Risk Management

With a passion for exploring new heights in business, Danny Wong, Founder and CEO of the risk management software company, GOAT Risk Solutions, is leading the field in changing the perception of risk management.

Throughout his career, his aim has been to transform risk management from being a blocker that slows down progress to becoming the fuel that helps drive business growth. He states, “Risk management is a capability that every business needs and my goal is to turn it into a value-adding exercise that helps create stronger, more successful, sustainable and resilient businesses.”

In what would turn out to be his last corporate role, Danny spent 3 years leading an important piece of research into risk maturity. Conducting surveys with over 150 predominantly FTSE listed UK businesses, and holding a further 50 in-depth interviews with senior business leaders, gave him the opportunity to study the market in detail. His research delivered valuable insights into the risk management sector that identified a desperate need for fresh ideas. Taking matters into his own hands, he founded GOAT Risk, an innovative risk management technology platform.

Danny explains, “The research told me that whilst many businesses knew they weren’t doing enough to effectively manage risk, they were frustrated by risk management software solutions that were overly complex, expensive and difficult to buy.”

Armed with these insights, Danny decided to turn the risk software marketplace on its head and designed an easy-to-use, works ‘straight out of the box’, inexpensive risk management solution to address the needs of businesses, but without all the bells and whistles.

Danny states, “In this age of cloud computing and SaaS (software as a service), there’s no justification for high priced software unless it’s bespoke or packed with big data and advanced technologies. Often companies end up with software solutions full of features they don’t need, making them overly complicated and difficult to use. In turn, this makes it difficult to encourage widespread adoption, limiting effectiveness – it’s a vicious circle. Fixing the biggest risks and problems companies face is the key challenge and should be where available budget is spent. The process and tools for identifying these risks and problems should be simple and inexpensive; that’s what GOAT Risk is all about.”

He goes on to say, “In a nutshell, GOAT’s low cost risk software tool helps organisations manage their business risks more effectively by bringing key management information together within a secure, simple, collaborative platform.”

GOAT Risk is a small startup built by a handful of super talented and motivated team members, all with a common vision and passion for being the best at what they do. Whether it’s branding, product, IT, customer support, or marketing, they’re a small and nimble organisation, passionate about listening and responding to customer pain points.

Danny expresses, “We’re very fortunate to have customers that really like us and feel emotionally invested in our growth and success. Innovation is key, and our clients actually provide us with many of the ideas for our product development roadmap. I’ve also found that when customers love your solution, they naturally refer you to others.”

Danny adds, “Our recent focus has been on enhancing our user experience. As many are non-risk experts, we’ve launched a new product tour to help them get started creating their first risk profiles. We’ve also included a new feature to help users figure out what risks they face using a risk universe, which is proving to be really popular. Our longer term clients, who are keeping a larger amount of risk data in their system, have greater needs in terms of analysis and reporting. So our next round of product development will see us introducing some tools to help there. In this way, we’re maturing alongside our customers, introducing new features they actually want and need.”

Danny is also really excited to see the international nature of the company’s customer base and how risk management cuts across all sectors, delivering value to every size of organisation. “Ultimately, my ambition is for GOAT Risk Solutions to become synonymous with a new simpler approach to risk management, helping businesses improve their risk maturity so they can enjoy successful growth”.

GOAT Risk is available on a 30 day free trial (no credit card required) and then from as little as £30 per month.

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