Third-Party Risk Management: SIG Lite Application

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What Is SIG Lite?

Standardized Information Gathering (SIG) is a condensed questionnaire designed by Information Security leaders for organizations to gather answers to security and privacy questions from third-party vendors. The SIG Lite framework proactively identifies gaps in security when hiring and working with vendors.

SIG Lite Compliance in Risk Cloud

Risk Cloud®  is a no-code governance, risk, and compliance (GRC) platform that scales and adapts to your changing business needs and regulatory requirements.

It combines a suite of purpose-built Applications with intuitive technology that allows risk professionals to form, evolve, and communicate a market-leading risk strategy.

In partnership with SIG creator Shared Assessments, Risk Cloud’s Third-Party Risk Management SIG Lite Application is pre-built with the SIG Lite questionnaire enabling you to leverage this framework without a SIG subscription.

SIG Lite Risk Management Programs Built to Scale

  • Adhere to widely adopted frameworks built specifically for third-party risk management
  • Rely on a repeatable process to quickly verify incoming vendors
  • Automate manual tasks to save your team time and do more with less
  • Collect vendor responses and data in one location for visibility and reporting
SIG Lite Risk Management Programs Built to Scale
Holistic Third-Party Risk Management for Enterprises

Holistic Third-Party Risk Management for Enterprises

  • Get deeper insights into your privacy compliance efforts through 126 questions and 18 domains.
  • Find out how your vendors manage risks across a variety of domains.
  • Understand trends from your business continuity data by using reporting and analytics tools with real time visualizations right within the platform
  • Customize your Application to address the needs of the entire enterprise

Build Better Vendor Relationships

  • Streamline vendor reassessments with built-in collaboration tools.
  • Eliminate the need for emails and spreadsheets with the ability to communicate within Risk Cloud
  • Automate email notifications to vendors that direct them right to their task in Risk Cloud
  • Assign and allow individuals to access tasks inside Risk Cloud with a secure, one-time passcode.

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