Vendor Risk Management

RiskXchange Vendor Risk Management Solution enables organisations to effectively manage, monitor performance and mitigate risk across their supplier networks.

A single disruption or unmitigated cybersecurity vulnerability anywhere along the supplier network can quickly turn into a much larger issue, impacting share price, bottom-line profits and brand value.

RiskXchange Vendor Risk Management solution helps streamline the global supplier cyber risk and compliance management processes with actionable insights that enhance business value.

Vendor Risk Management Benefits

Increases visibility into cybersecurity risks and business exposures from vendors, suppliers and other third parties.

Streamlines vendor assessment, compliance, due diligence and remediation initiatives.

Provides role-based reports for monitoring compliance and third-party risk mitigation.

Strengthens vendor relationships by providing a collaborative platform for identifying and mitigating shared risks.

Informs risk-based decisions to prioritise remediation and verify compliance.

Unifies and centralises inside-out vendor risk assessment and outside-in vendor risk monitoring.

What our clients say

"We are thrilled with the RiskXchange solution. Ensuring that our third-party supply chain is secure is of paramount importance to us and whereas it used to take weeks and in some cases months to complete lengthy third-party vendor assessments, it now takes us hours. The RiskXchange platform has helped us to streamline the process, saving valuable time and money, which we can re-invest into helping people in need."
Miguel Fiallos, CIO at the Salvation Army

Vendor Risk Management Key Capabilities

A Proven TPRM Maturity Process

Speed time to value and mature your TPRM program with our expert planning and advisory services. We’ll help you prioritise your vendors and suppliers, define assessment strategies, and accommodate compliance.

Continuous Risk Monitoring

Validate vendor controls by correlating assessments with monitoring for cyber threats (e.g. website vulnerabilities, leaked credentials on the dark web, etc.) and potential business threats (e.g. brand, financial, operational, regulatory, legal, etc.) for a more complete risk score.

Smart Assessments

Measure vendor and supplier internal controls and procedures and access risk data with a library of 75+ assessments covering everything from IT security controls to corporate social responsibility issues – or build custom assessments to meet specific needs.

Shared Vendor Networks

Scale your TPRM program with shared networks of completed vendor risk assessments. The RiskXchange Exchange enables you to check compliance quickly for any organisation on the exchange.

Improve attack surface management:

Improve third-party monitoring with better insights into your vendor’s internet assets.

Trace your digital footprint:

Monitor all activities taking place in your infrastructure, including your vendor's.

Assess your vendor’s security:

Get a quantitative score on your vendor’s security standards through our platform.

Determine your critical exposures:

Categorise your weaknesses in security domains to address them accordingly.

Automate key cybersecurity functions:

Create alerts for new anomalies and automate cyber risk management for safety.

Real-time alert system:

The RiskXchange platform has a real-time alert system that will alert you to cyberattacks and anomalies.