Choosing a risk management tool or a platform that fits your methodology is an important and time-consuming task. We hope this comparison will help you.
The right risk app for Jira Cloud depends on how your organization assesses risks. A team building its first risk register may prioritize ready-made content and straightforward reporting. An organization managing several risk methodologies may need configurable risk models and calculations, different risk register structures and detailed traceability.
SoftComply Risk Manager Plus stands out when the requirement is to either model your actual risk methodology in Jira or follow an already established complex process when moving to Jira. Its 2D, 3D, score-based and nested models, multisheet registers and reusable object structures give teams flexibility across different risk-management use cases.
Jira Risk Management Apps Comparison at a Glance
This comparison covers SoftComply Risk Manager Plus, Risk Register by BOJA Technology, Risk Register by ProjectBalm, Hedge and LiveRisk from Appfire. It groups their strengths into three approaches, then compares individual features.
This comparison is published by SoftComply, the developer of Risk Manager Plus. The groupings are our interpretation of product emphasis, use cases and main features.
Where Risk Manager Plus makes the strongest difference
A risk register becomes more demanding when the process includes several assessment methods, more than two characteristics, reusable risk related objects or detailed evidence relationships. Risk Manager Plus brings those configuration needs together in Jira Cloud.
Requirement | Risk Manager Plus capability | Practical value |
Several assessment methodologies | 2D, 3D and score-based risk models | Use the assessment structure appropriate to the risk domain. |
A calculated input to an overall model | Nested child and parent risk models | Retain detailed inputs while producing a higher-level assessment. |
Different risk structures in each project | Multiple models and multisheet risk registers | Organize risk work without making every assessment identical. |
Reusable information across risks | Configurable object registers | Relate risks consistently to assets, systems, hazards and controls. |
Evidence and coverage review | Traceability pairs and Xray integration | Inspect links between risks, treatment work and verification. |
Embedded templates for quick setup | Templates library for various cybersecurity, information security, AI and product risk management frameworks | Set up your risk models and registers fast by enabling built-in risk templates. |
Three approaches to risk management in Jira Cloud
Approach | Apps | Main buying question |
Configurable risk platform for regulated industries | SoftComply Risk Manager Plus | Can we implement our assessment methods, data structures and evidence relationships? |
Project risk management focus | BOJA, ProjectBalm and Hedge | Can we capture, assess, treat and report on project risks effectively inside Jira? |
Risk management workflows with AI assistance | LiveRisk | Can we turn external findings into risks and connected treatment work? |
Define your methodology before choosing the app
List the assessment inputs, calculation rules, risk review stages and relationships your risk management process requires. Then ask each vendor to show those requirements using the same representative risk. A familiar heatmap is only one part of that evaluation.
What each app brings to the comparison
SoftComply Risk Manager Plus for methodology flexibility
Risk Manager Plus supports multiple risk assessment models in one Jira project and different models on separate sheets of a risk register. Its score-based and nested models let one assessment supply an input to another. Teams can therefore represent a detailed methodology while preserving an overall result for review.
Object registers add reusable structures for assets, systems, hazards and controls. Traceability views help reviewers inspect the relationships and coverage between risks and related items. This combination is particularly relevant when several risk domains share a Jira environment.
Risk Manager Plus has built-in templates library for risk models, risk registers and risk controls for all the major risk management frameworks like FDA, NIST, ISO 27001, ISO 42001, and more. Users can set up their models and registers quickly with compliant templates that allow additional customisability for your configured process.
BOJA for capable Jira risk registers
BOJA is an alternative choice when the main requirement is a configurable risk register in Jira. It supports project-, board- and JQL-based registers, editable risk information, reporting, dashboard gadgets, imports, assessment history and Confluence access.
It supports one assigned risk model per Jira project. If your requirement includes multiple models in one project or nested calculations, test those requirements explicitly during the evaluation.
ProjectBalm for a register with a content starting point
ProjectBalm combines configurable registers and matrices with Risk Foundry, a curated library of pre-written risks and suggested treatments. Teams can select relevant content and create risk work items, with treatments as linked work items, sub-tasks or content in the description.
That addresses a different onboarding need from configuring a calculation: helping a team populate a useful register. The selected content still needs review against the project context. Model templates and pre-written risk statements solve related but different problems.
Hedge for registers configurable scoring and reporting
Hedge emphasizes cross-project registers, configurable frameworks, scoring and reports. It supports four framework templates and multiple calculations for inherent and residual risk, additional register columns and CSV export.
For a buyer, the question is whether those framework and calculation options cover the intended process. Check advanced requirements such as nested assessments and risk register customizability.
LiveRisk for connected risk treatment workflows
LiveRisk connects findings from sources such as Wiz and Snyk, and risks from OneTrust, to Jira treatment work. It includes AI-assisted scoring and treatment suggestions with human review, along with reassessment and decision history.
Its emphasis is on turning security and risk signals into governed action. Compare that operational workflow with your need for detailed model design – they are different dimensions of a buying decision.
Feature comparison of risk models and risk registers
Yes = documented support or an explicit SoftComply evaluation finding.
Specific descriptions indicate scope or implementation differences.
RMP means SoftComply Risk Manager Plus.
Feature | SoftComply RMP | BOJA | ProjectBalm | Hedge | LiveRisk |
2D risk matrix | Yes | Yes | Yes | Yes | Yes |
3D risk matrix | Yes | No | No | No | No |
Configurable scales and risk classes | Yes | Yes | Yes | Yes | Yes |
Configurable score model or formula | Yes: various formulas and multiple iterations | 2D Matrix | 2D Matrix | Customizable scoring | 2D Matrix |
Nested child and parent models | Yes | No | No | No | No |
Multiple models in one Jira project | Yes | No | No | No | No |
Assessment stages | Yes: up to 10 configurable iterations | Inherent and residual | Inherent and residual | Multiple calculations for inherent and residual | Inherent, current and target |
Ready-made assessment frameworks or models | Yes: multiple built-in templates for various risk frameworks | Default model: create company models | Default model: configurable scales | Four framework templates | Default configurable risk model |
Pre-written risk and treatment content | No | No | Risk Foundry | No | AI suggestions |
Multisheet risk register with a model per sheet | Yes | No | No | No | No |
Custom object register structures | Yes: for systems, assets and controls | No | No | No | No custom structures, framework-linked controls |
Feature comparison of workflow reporting and integrations
App-specific integrations are distinguished from ordinary Jira work-item links.
Companion apps and configuration may be required.
Feature | SoftComply RMP | BOJA | ProjectBalm | Hedge | LiveRisk |
Link risks to Jira mitigation work | Yes | Yes | Yes | Yes | Yes |
Dedicated risk-to-object coverage matrix | Yes: configurable traceability pairs | No | No | No | Treatment and evidence traceability |
Xray verification integration | Yes: Risk-Based Testing solution with Xray | No | No | No | No |
Risk reports or analytics | Model, register and aggregated reports | Risk and exposure reports | Matrices and Jira dashboards | Risk reports and KPIs | Exposure and treatment reporting |
Confluence risk display or reporting | Yes: free reporting extension in Confluence | Yes | Dashboard Smart Link | No | No |
Jira dashboard gadgets | Yes | Yes | Yes | No | No |
Automation support | Configured Jira rules and Jira field sync | Risk automation | API/workflow routes | Jira field sync | Continuous reassessment |
Spreadsheet or CSV import | Excel and CSV import | Excel and CSV | Jira import; assessments need extra setup | Jira import | Platform ingestion |
Export risk register data | CSV, Excel and PDF | Excel and CSV | CSV | CSV | No |
Assessment history | Yes | Yes | Yes | No | Yes |
AI risk assessment | Yes: AI risk management frameworks support | No | No | No | Yes: AI suggestions, human review |
Which app should you shortlist
Choose according to the requirement that is hardest to satisfy. BOJA’s Risk Register merits a close look for a capable Jira risk register. ProjectBalm adds an accessible starting point through Risk Foundry. Hedge offers configurable scoring and reporting. LiveRisk focuses on connected security findings and AI-assisted treatment workflows.
We recommend putting Risk Manager Plus at the top of your shortlist when you need to implement several methodologies, sophisticated model structures and traceability within the same Jira environment. Its strongest case is the depth and combination of those capabilities.
Configuration effort, licensing, companion apps and security requirements still matter. Use a trial to confirm the entire process, from assessment to mitigation, verification and reporting.
See your risk methodology live in Jira Cloud
Bring us a representative risk and your assessment rules to a SoftComply demo, and we can show you the risk model, risk register structure and evidence relationships your team needs to build it in Jira.
Try Risk Manager Plus free | Explore the product | Book a demo