Name: RiskTracker
Rating: 4.3 (13 reviews)

Overview

Product Information on RiskTracker

Updated 13th October 2025

What is RiskTracker?

RiskTracker is a software developed by Hitachi Energy designed to facilitate risk management activities within energy systems and utilities. The software supports organizations in identifying, assessing, and monitoring operational and project risks across various assets and workflows. RiskTracker provides tools for risk documentation, quantification, and prioritization, enabling the implementation of mitigation measures and continuous improvement of risk control processes. The software offers dashboards and analytics to visualize risk exposure and status, assisting stakeholders in making data-driven decisions for planning and compliance purposes. It addresses the business need to manage risks systematically, enhance operational reliability, and align with regulatory requirements in the energy sector.

Overall experience with RiskTracker

Asst. General Manager (Electrical)

1B - 3B USD, Energy and Utilities

FAVORABLE

“RiskTracker: A Comprehensive Tool for Real-Time Energy Market Analysis”

4.0

Dec 31, 2024

RiskTracker is an effective tool in providing real time energy market risk information. Having more fine-tuned risk reports would provide a better perspective of our risk exposure and help us fine-tune our trading strategies even more.

There are no reviews in this category.

CRITICAL

About Company

Company Description

Hitachi Energy is a global organization focused on propelling a sustainable future by advancing energy technology. Aimed at providing to clients in the utility, industry, and infrastructure sectors, the company delivers innovative services and solutions. Its main objective is to enable digital transformation essential for the acceleration of the energy transition towards a carbon-neutral future. Hitachi Energy facilitates advancements in the global energy system, aiming for it to be more sustainable, flexible, and secure. It holds a distinguished presence and extensive installed base across more than 140 countries.

Company Details

Company type

Public

Head office location

Zurich, Switzerland

Number of employees

10001+

Website

http://www.hitachienergy.com

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Reviewer Insights for: RiskTracker

Performance of RiskTracker Across Market Features

RiskTracker Likes & Dislikes

RiskTracker helped me gather and track actual time energy market data. It helps me get a clear picture of our risk to price volatility, which helps me in designing our trading strategies.

The risk management system of RiskTracker helps the smooth functioning of the whole lifecycle of financial and physical trade system. Through this system we are able to track all the risk metrics and make informed decisions for getting good valuation of the commodities we use. We have significantly reduced a lot of energy consumption related risk situations with its informed metrics.

1. Configurable and Customized Workflows with Automation based on the Organization's Risk Environment 2. Detailed Risk Management Structure developed within tool which can cater from Top to lower level management 3. Large number of Risk Metrics Available for Measurement

It is quite challenging for me to disaggregate risk by counterparty or by contract type. This limited information makes it difficult to dissect the data and come up with measures to take in order to further minimize the risks.

During the energy price volatility and higher commodities we had very less time to make the decision to incorporate this technology solution, we would have expected a smoother onboarding experience but that is expected with such critical software . We also had experienced some delay in support responses but it was corrected in later stages of usage.

1. Analysis and Segregation of Various types of Risks could have been provided at the dashboard 2. Building up of all Risks and providing score for each of the risks and entire risk score for an Organization

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Peer Discussions

RiskTracker Reviews and Ratings

4.3

(13 Ratings)

Rating Distribution

5 Star: 38%
4 Star: 62%
3 Star: 0%
2 Star: 0%
1 Star: 0%

Customer Experience

Evaluation & Contracting

4.5

Integration & Deployment

4.5

Service & Support

4.7

Product Capabilities

4.7

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Asst. General Manager (Electrical)
1B-10B USD
Energy and Utilities
Review Source
RiskTracker: A Comprehensive Tool for Real-Time Energy Market Analysis
4.0
Dec 31, 2024
RiskTracker is an effective tool in providing real time energy market risk information. Having more fine-tuned risk reports would provide a better perspective of our risk exposure and help us fine-tune our trading strategies even more.
SYSTEMS DEVELOPER II
50M-1B USD
Healthcare and Biotech
Review Source
RiskTracker - A Great Risk Management Software
5.0
May 4, 2023
RiskTracker software solution has helped us in keeping our future risks and current possible risks related to our commodity prices and other goods under good watch. It has helped us to nullify a lot of risk factors which we would normally miss. To keep our energy consumptions and pricing in check this tool has helped us a great deal.
BUSINESS ANALYST
50M-1B USD
Manufacturing
Review Source
Next Generation Risk Management Platform to Minimize & Mitigate Risks
5.0
May 9, 2023
Comprehensive and Flexible Risk Management tool to measure and mitigate various types of Risks
IT MANAGER
1B-10B USD
Construction
Review Source
Risk track
4.0
May 19, 2023
Organize the risk management tool. Monitoring and controlling risk on project. Negative risk minimize.
LEAD ENGINEER
10B+ USD
Miscellaneous
Review Source
RiskTracker- Worth a try!
4.0
May 3, 2023
Had a great experience while using RiskTracker to automate and manage risks across all financial trade lifecycle.

Showing Result 1-5 of 13

Recommended Gartner Insights

Market Guide for Energy Trading and Risk Management

Overview

Product Information on RiskTracker

What is RiskTracker?

RiskTracker Pricing

Overall experience with RiskTracker

“RiskTracker: A Comprehensive Tool for Real-Time Energy Market Analysis”