General objective of this article is to discuss on Financial Risk Management Tools. The financial risk normally takes place at the domestic ground as well as at in international financing. There are certain risk management tools as well as assessment tools to support mitigate the dangers. As a way to mitigate the dangers as well as manage the various issues with the financial exposure, you can use the following methods: Financial or Technical risk modeling, Risk insurance and Transfer of risk through: Insurance in environment and Captive insurance. Here briefly explain some financial risk management tools: RiskPAC, CORAS, OCTAVE, Proteus, RiskOptix and RSAM.