Third-Party Risk Management Solutions for Compliance Reviews and Ratings

What are Third-Party Risk Management Solutions for Compliance?

The compliance third-party risk management (TPRM) solutions market consists of vendors offering technologies to CCOs, among other senior leaders responsible for TPRM, to manage the risks associated with due diligence and/or ongoing monitoring of third-party vendors, distributors, agents, partners or other parties. Products in this market are often capable of supporting a range of TPRM workflows across multiple risk terrains. Risks specifically addressed may include anti-bribery and anti-corruption (ABAC), anti-money-laundering, data management and supply chain, and business continuity risks among others.

Products In Third-Party Risk Management Solutions for Compliance Market

"Comprehensive cyber risk rating with Third-Party Risk Management"

RiskProfiler provides a compressive assessment of third-party vendors, and helps us identify different vulnerabilities and potential risk.

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"Experience at ProcessUnity Summit Reinforces Positive Support"

I'm new to my role, so I wasn't involved in the implementation of the tool. However, my colleague who is the admin has only raved about the support the team has provided over the years. my experience at the ProcessUnity Summit confirmed that.

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"OneTrust TPRM tool"

The Third-Party risk management module of OneTrust is a good tool to identify risk associated with our vendors and partners. For the most part this tool has been helpful in identifying mitigating risks.

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"Amazing zero trust network that is helping us grow!"

Axis delivered a zero trust network with simple integration and cost-effective deployment that improved our security while reducing our development costs.

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"Vendors Notification Tool: A Modern Necessity"

Great tool to have it handy and keep notified if any of the vendors we work with are compromised

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"Onlayer Sets the bar High"

Onlayer Merchant Risk Management Platform, particularly through its PCI Checklist feature, has been a tremendous tool in helping us manage merchant PCI DSS compliance without requiring integration for product use. Their platform has a simplicity that allows us to track our merchants effectively, and their team has consistently been helpful in addressing our user requests. The platform excels in merchant monitoring and remediation, allowing users to manage risky merchants with ease. It has also significantly contributed to industry security by sharing scans, results and solutions with both banks and e-commerce clients, highlighting its role in enhancing transaction safety and compliance.

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"Customizable GRC Solution for every Organization!"

Nothing but positive things to say about our implementation with LogicGate. The implementation is incredibly supportive and talented and takes your feedback on suggestions/enhancements very seriously. They are eager to come up with solutions/workarounds for your applications when needed.

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"Reliable Source for Reputational Checks "

great tool that provides sufficient and reliable results when performing entity and beneficial owner reputational checks

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"3rdRisk is the go to Third Party Risk Management / Supply Chain Risk Management tooling"

This is the best TPRM tooling available in the market.

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