Risktec Solutions

What Risktec Solutions does

Risktec Solutions is a specialist risk assessment and management consulting firm headquartered in Warrington, UK, founded in 2001 and operating as a wholly-owned subsidiary of TÜV Rheinland Group since March 2014. The company delivers a portfolio of interconnected professional services to clients in high-hazard industries: consulting (covering disciplines such as bowtie risk management, asset integrity, functional safety, QRA, LOPA, FMEA, human factors, HAZOP, cyber-risk and emergency planning); training (50+ standard courses plus certified postgraduate programmes including an MSc with Liverpool John Moores University since 2009 and a PhD with Lancaster University); associate resourcing for client-site placements; industrial inspection and asset integrity management; R&D across six thematic areas; and technology-based solutions spanning ServiceNow and Archer GRC platform implementations, with vendor-agnostic coverage of SureCloud, SAI Global and Thomson Reuters.

Revenue is generated through project-based professional services engagements, scheduled public training courses, customised in-house corporate training, associate staffing, and technology platform implementation. Customer pricing signals range from short courses (CPDs at £350-£600 excl. VAT, 2-day courses at £925-£1,450 excl. VAT) through certified 5-day programmes (HAZOP Leader TÜV at £2,400, FS Engineer TÜV at £2,350) to multi-year postgraduate programmes (MSc at £14,970 across three years, PhD at £2,200/yr plus university fees).

Risktec serves primary verticals of oil/gas/chemical, nuclear, transport (rail, aviation, maritime), clean energy, and defence, with secondary exposure to conventional power and financial services (IRM/GRC). It operates from 16 offices across the UK, Netherlands, United Arab Emirates, Qatar, Malaysia, Singapore, Canada and the United States, and leverages TÜV Rheinland's network across 65+ countries. Customers are predominantly enterprise operators, EPC contractors, designers, vendors, regulators and industry associations; named customer logos are not disclosed, and named testimonials come from training graduates rather than consulting clients. The company reports a 98% overall client satisfaction score from July-November 2025 surveys with approximately 40% response rates across active projects.

Name

Risktec Solutions

Legal name

Risktec Solutions Limited

Website

https://risktec.tuv.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

251–500 employees

Short description

Risktec Solutions is a UK-based specialist risk assessment and management consulting and training firm, serving high-hazard industries including oil and gas, nuclear, defence, transport, clean energy, conventional power and financial services from 16 offices globally as part of TÜV Rheinland Group.

Ownership category

akta.pro rank

Product category

Risk Management Consulting

NAICS

Testing Laboratories and Services (541380)

akta.pro primary industry

Reliability, Safety & Risk Engineering (RAMS/PSM) Consulting (BPAHAIAK)

akta.pro secondary industries

Risk Management (Enterprise, Operational, Model) (EDABAJAF), Security Consulting, Risk Assessment & Security Program Design (BPABAMAE), Risk Management Consulting (Enterprise & Operational Risk) (FSAEADAG)

Keywords

• Risk management consulting
• Process safety training
• Asset integrity management
• Hazard analysis services
• GRC implementation

Headquarters

HQ city

Warrington

HQ country

United Kingdom

HQ region

Europe

Offices15 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Consulting Services: Risktec provides specialist risk assessment and management consulting services, delivering proportionate solutions to help reduce and manage risk. Services range from small work packages to managing complex multi-disciplinary projects with large stakeholder groups across all industries served.
2. Training Services: Online and classroom training to help develop risk assessment and management professionals. Includes public scheduled courses, in-house customised training, postgraduate programmes (MSc, PhD), professional certifications (HAZOP Leader TÜV, FS Engineer TÜV), and CPD courses. Training is delivered globally across multiple office locations and online.
3. Resourcing Services: Specialist risk, HSSE and engineering associates provided to work at client locations on short or long-term basis to help fill resource and skills shortages. Associates are supplied from an extensive database, with onboarding support including flights, visas, security clearance and professional indemnity insurance.
4. Inspection Services: Comprehensive Asset Integrity Management (AIM) services for pressure systems, including outage/turnaround support, vendor inspection, non-destructive testing (NDT), integrity assessment, weld repair solutions, and component life extension. Delivered as part of TÜV Rheinland's technical services.
5. Research and Development: R&D activities spanning six key areas: Software Tools, Training & Education, Risktec PhD, Engineering Science & Technology, HSSE Risk Management, and Asset Integrity Management. Focus on preventing accidents and avoiding loss.
6. Technology Solutions: Specialist risk and safety management technology-based solutions, including implementation of ServiceNow and Archer GRC platforms. Complements consulting services with technology-enabled delivery.

Pricing tiers

Go-to-market motion4 records

Distribution channels6 records

Marketing channels9 records

Core offering

Risktec Solutions is a specialist provider of risk assessment and management consulting, training, resourcing, inspection, and technology-based solutions for high-hazard industries. The company delivers proportionate risk management services including HAZOP, Bowtie, QRA, FMEA, LOPA, and SIL assessments, asset integrity management, postgraduate programmes (MSc and PhD), professional certifications (HAZOP Leader TÜV, FS Engineer TÜV), and GRC platform implementations.

Product overview

Risktec Solutions is a specialist provider of risk assessment and management consulting, training, resourcing, inspection, research & development, and technology-based solutions, operating as part of the TÜV Rheinland Group. The company offers a portfolio of interconnected services: Consulting Services provides specialist risk management expertise across multiple disciplines including bowtie risk management, asset integrity, and cyber-security; Training Services encompasses over 50 standard courses plus postgraduate programmes (MSc with Liverpool John Moores University, PhD with Lancaster University) and TÜV Rheinland Risktec CPDs; Resourcing Services supplies specialist associates for client locations; Inspection Services covers industrial inspections and asset integrity management; R&D activities span six key areas including software tools and asset integrity; and Technology Solutions provides IRM and GRC implementations through partnerships with ServiceNow and Archer. The company serves high-hazard industries including oil, gas, chemical, nuclear, defence, transport, clean energy, and conventional power sectors.

Differentiator

Problem solved

Functional benefit

Brands

• Risktec Technology: Specialist risk and safety management technology-based solutions, including partnerships with ServiceNow and Archer for GRC platform implementation.
• 2MC

Products and services

• Consulting Services
• Training Services
• Resourcing Services
• Inspection Services
• Research and Development
• Technology Solutions
• MSc in Risk and Safety Management
• PhD in Risk, Safety and Security Assessment and Management
• TÜV Rheinland Risktec CPDs
• HAZOP Leader (TÜV) Training and Certification
• FS Engineer (TÜV Rheinland) Certificate Training
• BowTie Risk Management Services
• Asset Integrity Management

Quantifiable outcome

• 98% overall client satisfaction based on surveys from July-November 2025
• +3 more outcomes

Named customers15 records

Segments7 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration9 records

Feature4 records

Partnerships

Nine partnerships are on record, tiered core and supporting.

• Liverpool John Moores University (LJMU)coreStrategic or Co-development Partner · 1 January 2009Collaborative partnership established in 2009 for delivery of MSc in Risk & Safety Management. Risktec validated to teach postgraduate programmes since 2009. LJMU is one of the largest universities in the UK. Programme delivered by teachers with industrial experience.
• 2MCcoreStrategic or Co-development Partner · 1 January 20092MC was established in 2009 and acquired by TÜV Rheinland Group in 2020 to operate as part of Risktec Solutions. Brought substantial track record of Integrated Risk Management (IRM) and Governance, Risk and Compliance (GRC) implementation to the group.
• ServiceNowcoreTechnology or IntegrationLongstanding strategic partnership spanning over 15 years for Integrated Risk Management (IRM) and Governance, Risk and Compliance (GRC) project delivery. Combines Risktec's subject matter excellence with ServiceNow platform knowledge. Parent TÜV Rheinland also has extensive partnership with ServiceNow.
• Archer (RSA)coreTechnology or IntegrationGlobal partner of Archer, bringing over two decades of expertise in Governance, Risk & Compliance (GRC) to the Archer partner ecosystem. Supports organisations in digitising, streamlining, and automating risk and compliance processes.
• Lancaster UniversitycoreStrategic or Co-development PartnerCollaboration for PhD programme in Risk, Safety and Security Assessment and Management with focus on major hazards. PhD awarded by Lancaster University with academic supervision from Lancaster and industrial supervision from Risktec. Typically 6-7 years part-time.
• Microsoft Certified PartnerssupportingTechnology or IntegrationWork closely with Microsoft certified partners to help specify, develop, support or provide training in a range of specialist HSSE and risk software. This supports their software tools development including .NET Windows applications.
• SureCloudsupportingTechnology or IntegrationPart of Risktec's multi-platform, vendor-agnostic approach to IRM and GRC implementation. Provides unbiased and unparalleled ability to implement IRM and GRC best practice across various platforms.
• SAI GlobalsupportingTechnology or IntegrationPart of Risktec's multi-platform, vendor-agnostic approach to IRM and GRC implementation. Provides additional options for clients seeking integrated risk management solutions.
• Thompson ReuterssupportingTechnology or IntegrationPart of Risktec's multi-platform, vendor-agnostic approach to IRM and GRC implementation. Provides additional options for clients seeking integrated risk management and compliance solutions.

Scale indicators10 records

Recent moves22 records

Expansion highlights5 records

Direct peers

• Lloyd's Register: Lloyd's Register provides independent risk management and safety consulting to high-hazard sectors including marine, nuclear, oil & gas and rail. Its advisory and assurance offering is closely aligned with Risktec's independence-led, high-hazard industry model.
• Golder Associates (WSP): Golder, now part of WSP, provides environmental and safety risk consulting for mining, oil & gas and infrastructure projects. It is a comparable peer in environmental and risk advisory for high-hazard industries.
• ABS Group: ABS Group delivers risk and reliability, safety, and asset integrity management services for marine, offshore, oil & gas and power clients. It is a direct competitor to Risktec in process safety and asset integrity consulting.
• Advisian (Worley): Advisian is the consulting arm of Worley focused on energy, chemicals and resources, providing risk management, HSE and asset integrity services - directly comparable to Risktec's high-hazard industry consulting.
• ioMosaic: ioMosaic is a specialised process safety and risk management consultancy offering HAZOP, LOPA, QRA and process safety training - directly comparable to Risktec's core consulting and training portfolio.
• DNV: DNV is a global risk management and assurance provider serving oil & gas, maritime, energy and process industries - directly comparable to Risktec's high-hazard industry focus. Both firms offer independent technical advisory, certification, and standards-based risk and safety management consulting.
• Exida: Exida specialises in functional safety, process safety and cybersecurity across process industries - directly comparable to Risktec's FS Engineer training and functional safety consulting offering.
• ERM (Environmental Resources Management): ERM is a global environmental, health, safety and risk consultancy serving oil & gas, mining, power and infrastructure - directly comparable for sustainability-linked risk and safety advisory, overlapping in the clean energy sector.

Broad incumbents

• Bureau Veritas: Bureau Veritas is a global TIC (testing, inspection, certification) major with deep industrial asset risk and HSE services. It competes with Risktec on industrial risk consulting, asset integrity and HAZOP/QRA work, but at vastly larger scale and with a much broader portfolio.
• DEKRA: DEKRA is a global TIC leader with substantial risk, safety and process-safety service lines serving automotive, industrial and energy clients. It competes with Risktec in process safety consulting and certification.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/TUVRisktec
• YouTubeyoutube.com/channel/UCB1YcESMm9lr3j_wECgTAPA
• Facebookfacebook.com/TUVRisktec
• LinkedInlinkedin.com/company/risktec-solutions

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Risktec Solutions