Ideagen's Enterprise Risk Management (ERM) software solution (formerly known as Pentana Risk) fully integrates risk management processes, from identifying and assessing risk business-wide, to assigning and monitoring mitigation plans, all the way through to reporting and defining a long-term strategy for enhanced performance.
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OpenText Magellan
Score9 out of 10
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OpenText Magellan Analytics Suite leverages a comprehensive set of data analytics software to identify patterns, relationships and trends through data visualizations and interactive dashboards.
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Pricing
Ideagen Risk Management
OpenText Magellan
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Ideagen Risk Management
OpenText Magellan
Free Trial
No
No
Free/Freemium Version
No
No
Premium Consulting/Integration Services
Yes
No
Entry-level Setup Fee
Optional
No setup fee
Additional Details
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More Pricing Information
Features
Ideagen Risk Management
OpenText Magellan
Governance, Risk & Compliance
Comparison of Governance, Risk & Compliance features of Ideagen Risk Management and OpenText Magellan
Feature
Ideagen Risk Management
7.3
1 Ratings
2% below category average
OpenText Magellan
-
Ratings
Common repository of GRC items
6.41 Ratings
00 Ratings
Risk management
8.21 Ratings
00 Ratings
BI Standard Reporting
Comparison of BI Standard Reporting features of Ideagen Risk Management and OpenText Magellan
Feature
Ideagen Risk Management
-
Ratings
OpenText Magellan
7.0
2 Ratings
15% below category average
Customizable dashboards
00 Ratings
7.02 Ratings
Report Formatting Templates
00 Ratings
7.01 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Ideagen Risk Management and OpenText Magellan
Feature
Ideagen Risk Management
-
Ratings
OpenText Magellan
8.3
3 Ratings
4% above category average
Drill-down analysis
00 Ratings
8.03 Ratings
Formatting capabilities
00 Ratings
8.03 Ratings
Integration with R or other statistical packages
00 Ratings
9.01 Ratings
Report sharing and collaboration
00 Ratings
8.02 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Ideagen Risk Management and OpenText Magellan
Feature
Ideagen Risk Management
-
Ratings
OpenText Magellan
8.3
2 Ratings
1% above category average
Publish to Web
00 Ratings
8.02 Ratings
Publish to PDF
00 Ratings
8.02 Ratings
Report Versioning
00 Ratings
9.02 Ratings
Report Delivery Scheduling
00 Ratings
8.02 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Ideagen Risk Management and OpenText Magellan
Pentana is great for monitoring PIs and risks. We find it less helpful for monitoring projects (with the Actions module); it isn't quite flexible enough for our needs, though the support team have been very helpful in adding custom fields for us.
If you do not have a large budget and are a large organization, I would steer clear of Actuate. If you are looking to do very complex washboarding, I would not use them. Your developers have to be very skilled to work with this. Plan to bring in consultants if necessary to help your process. Adhoc reporting is weak. If your pricing is user based and you expand, this could be very expensive.
Pentana is excellent for monitoring, recording and reporting on PIs. Very easy to use the PI module.
Pentana is excellent for monitoring risks at various levels (service, strategic etc.). Risks are displayed very clearly in a tree structure and the module is relatively easy to use.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Pentana could improve the free Documents module that comes with Pentana Risk. At the moment documents have to be linked to an action in order to display query results (such as how many documents are due for review) - this can be confusing for users who don't understand why there is an action linked. There is also no easy way for users to see the documents that are assigned to them.
We would like to use the Actions module fully in order to monitor our corporate projects, but it a bit confusing for users and not very flexible when a project doesn't mirror Pentana's way of monitoring actions.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
I am no longer working for the company that was using Actuate but I believe they would continue to use it because the stitching costs would be to high. It would require a complete rewrite of the reports and the never version of Actuate (BIRT) even required an almost complete report rewrite
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Some modules are more user-friendly than others. It's sometimes not obvious where to click to update the fields (or even that field titles can be clicked on). We have written 'Howdys' to help users. There can also seem to be a lot of steps/clicks to updating risks and actions. The Reports module on Pentana classic is certainly not user-friendly, particularly the Report Layout and Charts modules - we were told these would be integrated into the web version but this hasn't happened yet.
It is quite intuitive to use. It is fit specifically for doing sentiment, emotion, and intention analysis as well as text classification and text summarization. I would have given 10 if it is fit for the purpose of doing image processing and analysis as well. There is a huge market to analyze video and image data.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
We selected Pentana because our neighbouring authorities are users and had spoken highly of the product and given us demonstrations; some of our staff were also familiar with Pentana when it was called Covalent. It seemed to be the best product on the market for monitoring risks, PIs and projects.
It is vastly superior to these in many ways, for complex reporting it is a much more sophisticated solution. Visualizations are very good. Javascript extensibility is very powerful, others don't support this or as well. Pentaho and MS are both OLAP oriented. Pentaho is moving more toward big data, which was not our primary focus. Others are stuck in the Crystal Reports Band metaphor.
Pentana Risk has allowed my team to focus on other areas of work whereas before we would be manually chasing for updates on PIs and risk. Pentana Risk does the chasing for us!
We are able to produce reports for audit purposes very easily, rather than sending spreadsheets which is what we used to do.
New managers can easily inherit risks, projects and PIs and see all of this on a custom portal, saving them time when they start.
Actuate can handle 50 to 60 sub reports inside a report very well.
Dynamically creating the datasource, chart, graph, reports are the main advantages. We can do any level of drilling, and can create a performance matrix dashboard efficiently.