Third Party Risk Management
Visibility of your Third Party Risk
Providing the high-level snapshot you need to monitor, manage and mitigate third-party risk. Our dashboard provides a quick overview of your risk profile, active risks, risk ratings and a full log, ensuring you are always informed and on top of your third-party risk management.
Automated Third Party Risk Assessment
Fully digitise TPRM risk assessments and risk management policies. Go further than traditional surveys by composing the next best action(s) tied to any survey question, initiating exactly the right workflow, controls, and measures. Automate alerts of failures, exceptions, and warnings from ongoing risk assessments, to put TPRM at top of mind, during intake and post-contract.
Turn results into clear and concise risk rating reports that bring transparency and control over your risk management function.
Risk Capture in Real-time
Capture risks comprehensively through reviews, surveys, and assessments ensuring third-party risk is not missed. The Risk Register provides an automated log for real-time action tracking, prompting risk owners for necessary steps. Utilise risk scoring to establish mitigation measures aligned with risk policies and secure outsourcing practices.
Audited Third Party Risk Logs
Dynamically analyse and monitor critical risks with outsourced third parties. Assess customer/supplier risk against mitigation plans in real-time. Streamline threat response with automated workflows, facilitating effective communication and action.
External Response Management
Connect with diverse external data feeds and advanced AI for proactive analysis. The platform enhances risk profiles in real-time and integrates seamlessly with platforms like Creditsafe and Dun & Bradstreet for comprehensive risk management.