Comparison of risk management apps on Jira Cloud

Comparison of Risk Management Apps on Jira Cloud

November 3, 2026

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.

 
These capabilities are documented in the Cloud user guide of the SoftComply Risk Manager Plus along with the nested-model guidance, traceability documentation and Xray integration solution for Risk-Based Testing.
 
For example, SoftComply Risk Manager Plus supports cybersecurity risk assessment that calculates the highest of several impact values (e.g. Confidentiality, Integrity, Availability) and feeds it into a likelihood-and-impact matrix of the parent risk model. This and other more complex risk management frameworks are supported only by the Risk Manager Plus on Jira Cloud today.

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?

 
These approaches overlap. Hedge and Risk Registers from BOJA and ProjectBalm offer configuration options, while Risk Manager Plus also supports straightforward registers, cybersecurity and AI risk assessment. The useful distinction is what your organization needs to configure, automate and demonstrate.

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

Table of Contents

Ready to get started?

Contact us to book a demo and learn how SoftComply can cover all your needs

Medical Device Documents, Always Current
Picture of Matteo Gubellini

Matteo Gubellini

Regulatory Affairs Manager
October 29, 2026

Your procedure is approved. But does it still describe how your team should work? Since its release, you may have changed your development tools, introduced a new supplier or reassigned responsibilities. Findings from a complaint investigation may have highlighted a gap in your processes. Your development team may have outgrown...

Why Manage Risks in Jira
Picture of Marion Lepmets

Marion Lepmets

CEO
October 24, 2026

SoftComply has been helping companies manage their risks in Jira for over 10 years and we believe that risk management works best when it happens where the work is done. Managing risks inside Jira keeps them connected to the people, deadlines and activities that help reduce and determine whether they...

Human review catches AI’s missing step
Picture of Marion Lepmets

Marion Lepmets

CEO
October 21, 2026

AI can draft a procedure in seconds. Before anyone follows it however, a person still needs to check that it describes the right process, uses current sources and has been approved for use. In regulated organisations, documents guide work and provide evidence of decisions. Outdated instructions or unsupported claims can...