Forge Vendor Relationships with Full Risk Confidence

Build accountable joint-agreements and partnerships that stand the test of time with Risk Cloud's Third Party Risk Management Solution.

  • Gain a holistic view of vendor risks and implement vendor-specific actions to mitigate associated risks to your enterprise
  • Integrate with vendor systems for in-depth visibility over all interactions
  • Build custom vendor risk management solutions that can flexibility adapt to new changes or agreements

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Keep a Close Watch on Vendor Related Risk in Real Time

  • Assess and profile the risk level of mission-critical vendors, individually and holistically.
  • Assign internal or external remediation and track vendor associated mitigations.
  • Ensure appropriate and accurate action is taken against each known vendor-related risk.
  • Set automated reminder rules and dependencies to notify remediation activity iwners or critical deadlines.
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Empower Your Organization with a Single Source of Truth

  • Enhance visibility for all third-party vendor relationships through a central, access-restricted repository for all risk profiles and actions.
  • Seamlessly integrate with vendor systems and processes via our robust API for additional data points.
  • Demonstrate a reliable, secure, and transparent vendor risk management program for upper management and regulators.
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Leverage Pre-Configured Templates or Build Your Own Solution

  • Choose between our ready-made best practice template or customize a solution from your existing processes.
  • Adjust assessment and risk scoring with your own inputs to identify your riskiest vendors and align with standard control frameworks.
  • Create a flexible risk management and monitoring solution that seamlessly adapts to evolving vendor service agreements or arrangements.
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