Third-Party Risk Management
Continuous vendor and third-party risk assessment and monitoring
Third-Party Risk Management automates the assessment and continuous monitoring of vendors, suppliers, and partners that interact with your clients' data and systems. AI streamlines vendor questionnaires, analyzes security postures, and tracks risk over time.
Automated vendor assessments pull data from public sources, security ratings services, and completed questionnaires to generate comprehensive risk profiles. The AI identifies vendors posing the highest risk and suggests mitigation measures.
Continuous monitoring ensures vendor risk doesn't drift between assessment cycles — security incidents, data breaches, or financial instability at vendor companies trigger immediate re-assessment alerts.
How It Works
Assess
Automated vendor risk assessment using questionnaires, public data, and security ratings.
Score
AI generates risk scores considering security posture, data access, and criticality.
Monitor
Continuous monitoring for vendor security incidents, breaches, and financial changes.
Mitigate
Risk mitigation recommendations with contract clause suggestions.
AI Capabilities
Automated vendor assessment
Risk scoring
Continuous monitoring
Mitigation recommendations
Human-in-the-Loop Checkpoints
- Review vendor risk scores
- Approve vendor onboarding
- Validate monitoring alerts
Key Metrics
Connected Process Areas
This process area integrates with related capabilities across the platform.
See Third-Party Risk Management in Action
Experience AI-powered grc & compliance automation — from insight to action in a single platform.