Third-Party Risk Management: Standard Application

Automate and Optimize Your Third-Party Risk Management Program

Risk Cloud’s Third-Party Risk Management: Standard Application saves time and streamlines your third-party risk management program by automatically sending out questionnaires and due date notifications to vendors. You’ll have everything you need to help you:

• Assess, monitor, and report third-party risk from a single, integrated platform
• Store third party information in a centralized location for easy access
• Assign third-party risk assessment questionnaires to critical external vendors
• Create findings, assess business impact, and track their resolution through completion

Gain Better Visibility Into Your Vendors

Track and store vendor contracts, assessments, findings, and resolutions in one location so you can find and access information across all your third-party vendors more efficiently. Then, integrate Risk Cloud with third-party risk intelligence providers like Black Kite and SecurityScorecard to get even deeper insights into your third-party risks. 

Improve Decision Making and Communication With Pre-Built Reports

Save time by automatically summarizing third-party risk with Risk Cloud's OpenAI integration. Risk Cloud’s Third-Party Management: Standard Application also comes loaded with more than a dozen easy-to-use reports and dashboards detailing findings by assessment status, assessment results, open findings, contract value, findings impact, and more.