Risk Management
Best ISO 31000 Consultants (2026): 5 Firms Compared for Risk Management
How we ranked these firms
We ranked firms on five factors, using what each firm publishes:
- Delivery: does the firm take you from gap assessment to the certificate or report?
- Pricing transparency: does it publish prices, and do they include the audit?
- Independence: is the auditor separate from the people who prepare you?
- Framework coverage: can it map one control set across the frameworks you need?
- Experience: what track record does it publish?
See our full ranking methodology at /ranking-methodology.
Comparison table
| Rank | Firm | Base | ISO 31000 services | Certifiable? | Other areas | Notable | Indicative pricing |
|---|---|---|---|---|---|---|---|
| 1 | CyberWave GRC (publisher) | India and USA | Risk framework design, risk appetite, risk method, registers, risk owner and control owner roles, reporting, training | No, guidance standard | ISO 27001, ISO 22301, SOC 2, HIPAA, ISO 42001, TPRM | Links your enterprise risk method to ISO 27001, ISO 22301 and SOC 2 risk assessments | Fixed fee, end to end, quoted after a free scoping call |
| 2 | Lakshy Management Consultant | Navi Mumbai head office, offices in New Delhi, Vadodara and Chennai | Free gap assessment, framework design, risk workshops, registers, committee reporting, training, Effivity software | States it is not certifiable | ISO 22301 and other ISO standards | Publishes 30 to 60 days and ₹90,000–₹3,00,000 for most single-entity organisations | ₹90,000–₹3,00,000 for most single-entity organisations |
| 3 | Vinsys | Contact locations in India, the UAE, the USA, Saudi Arabia, Qatar, Oman and the UK | Context and enterprise risk mapping, assessment, risk responses, risk dashboard, policies, coaching for risk teams | Not stated | ISO 22301, wider training catalogue | Six-stage implementation method | Custom quote |
| 4 | DNV | Global (page reviewed: DNV Canada) | E-learning, one-day foundation course, implementation workshop, gap analysis or scored assessment of your risk framework | Not stated on the page | Wide certification and assurance services | Scored assessment gives a quantitative rating of your risk framework | Custom quote |
| 5 | ADVISORI | Frankfurt, Germany | Risk analysis and assessment, framework design, implementation and training for banks and enterprises | Not stated | MaRisk, DORA | States assessments typically start at €25,000–€60,000; 120+ employees | Assessments typically from €25,000–€60,000 (firm states) |
The firms in detail
1. CyberWave GRC
- Operates in India and the USA through ICyberWave Consulting Services (OPC) Private Limited and ICyberWave Consulting Services LLC.
- ISO 31000-aligned risk framework: risk appetite, scoring method, risk registers, clear risk owner and control owner roles, and reporting to management.
- We make one risk method serve ISO 27001, ISO 22301, SOC 2 and third-party risk, so you don't run separate risk exercises for each.
- Indicative pricing:
- Fixed fee, end to end, quoted after a free scoping call
- Best for:
- tech and healthcare companies that want one practical risk framework behind their certifications
- Timeline:
- ISO 27001 in as little as 4 weeks where documentation is in place
2. Lakshy Management Consultant
- Head office in Navi Mumbai; serving organisations since 2003.
- ISO 31000 services include a free gap assessment, framework design, workshops, registers, committee reporting, training and its Effivity software.
- States clearly that ISO 31000 is not certifiable, and publishes 30 to 60 days and ₹90,000–₹3,00,000 for most single-entity organisations.
- Indicative pricing:
- ₹90,000–₹3,00,000 for most single-entity organisations
- Best for:
- Indian companies that want a standard ERM framework at a published price
3. Vinsys
- Lists contact locations in India, the UAE, the USA, Saudi Arabia, Qatar, Oman and the UK.
- ISO 31000 consulting covers enterprise risk mapping, assessment, risk responses, a risk dashboard, policies and coaching for chief risk officers and teams.
- Indicative pricing:
- Custom quote
- Best for:
- organisations that want consulting combined with training for risk teams
4. DNV
- Global assurance and certification group; the page reviewed is DNV Canada's ISO 31000 service.
- Offers e-learning, a one-day foundation course, an implementation workshop and a gap analysis or scored assessment of your risk framework.
- Indicative pricing:
- Custom quote
- Best for:
- organisations that want an independent assessment of an existing risk framework
5. ADVISORI
- Based in Frankfurt, Germany, focused on banks, insurers and industrial firms in Europe.
- Risk management consulting aligned with ISO 31000, MaRisk and DORA.
- States a fixed-price proposal after a scoping workshop, with assessments typically starting at €25,000–€60,000.
- Indicative pricing:
- Assessments typically from €25,000–€60,000 (firm states)
- Best for:
- European financial institutions that also face DORA
Why we rank CyberWave GRC #1
We publish fixed, all-inclusive fees, so the audit is in the price, not a surprise later. Our team has worked on more than 200 SOC 1 and SOC 2 engagements. We build one control framework across SOC 2, ISO 27001, ISO 42001, HIPAA, HITRUST and DPDP, so you do the work once. And we never certify our own work: certificates come from accredited bodies and SOC 2 reports from licensed, peer-reviewed CPA firms. We're not the right fit for everyone: if you need enterprise-wide financial or operational risk for a bank, a specialist like the European banking firms in this list may suit you better.
Which firm is right for you?
| If you are... | Consider |
|---|---|
| Startup or SMB that wants a fixed, all-inclusive price | CyberWave GRC |
| Company that needs several frameworks at once | CyberWave GRC |
| Indian companies that want a standard ERM framework at a published price | Lakshy Management Consultant |
| Organisations that want consulting combined with training for risk teams | Vinsys |
| Organisations that want an independent assessment of an existing risk framework | DNV |
| Large enterprise or regulated institution wanting a Big Four or large advisory firm | DNV |
How to choose
- Do you need enterprise risk management, or a risk method for your certifications, or both?
- Will the firm help set a risk appetite your board will actually use?
- Does it leave you with owners, registers and reporting, not just a policy?
- Can the same method feed ISO 27001, ISO 22301 and SOC 2?
- Is anyone offering you an "ISO 31000 certificate"? If so, ask what it actually is.
- Is the fee fixed, and what exactly is included?
Frequently asked questions
In our ranking, CyberWave GRC is #1 for end-to-end delivery at a fixed fee. Lakshy Management Consultant and Vinsys are also strong options depending on your size and sector. We publish this list ourselves, so please compare the firms directly.
No. ISO 31000 is a guidance standard, not a requirements standard, so there is no organisational certification. Individuals can earn training certificates.
It gives you a recognised, consistent way to identify, assess and treat risk, which auditors for ISO 27001, ISO 22301 and SOC 2 expect to see in some form.
ISO 31000 covers risk management for any type of risk. ISO 27005 applies risk management specifically to information security.
Firms in this guide quote from about 30 to 60 days for a single organisation, longer for groups or regulated institutions.
Leadership owns the risk appetite; named risk owners own individual risks. See risk owner vs control owner.