3rdRisk Specifications
Risk Assessment and Mitigation
Regulatory Compliance Tracking
Regulatory Change Monitoring and Impact Analysis
Incident and Issue Tracking
What Is 3rdRisk?
3rdRisk is a cloud-based platform designed for risk, compliance, and security professionals across various industries, including finance, energy, and healthcare. It caters to organizations seeking enhanced control over third-party risks, internal governance, and regulatory compliance. The software streamlines collaboration between teams and external partners, offering a structured approach to managing risks and responsibilities at scale. By replacing fragmented spreadsheets and emails with a unified system, it reduces inefficiencies and improves transparency.
3rdRisk Pricing
The 3rdRisk cost ranges in the following four packages:
- Overview: €490/month
- Insight: Custom pricing
- Manage: Custom cost
- Optimise: Custom pricing
Disclaimer: Prices are subject to change.
3rdRisk Integrations
3rdRisk seamlessly integrates with various applications, including:
- Microsoft Teams
- Slack Software
- Jira Software
- Microsoft Azure
- Okta
- SAP
- LexisNexis
Who Is 3rdRisk For?
The software accommodates businesses of all sizes, supporting diverse use cases across various industries, including:
- Energy
- Financial Services
- Healthcare
- Logistics
- Manufacturing
- Retail
Is 3rdRisk Right For You?
Known for its flexibility and scalability, 3rdRisk is a strong choice for companies aiming to build a resilient risk culture while adapting to evolving business and regulatory demands. It streamlines risk-related workflows, supports smarter decision-making, and adapts well to organizational growth. Additionally, 3rdRisk promotes accountability and consistency across teams, making it easier to manage third-party obligations.
Still not sure about 3rdRisk? Contact our support team at (661) 384-7070 for personalized guidance.
3rdRisk Features
Users can eliminate scattered spreadsheets and disconnected tools by centralizing third-party risk information, such as questionnaires, contracts, and assessments, into a single, structured platform. This centralized approach enhances visibility and speeds up risk tracking across hundreds or thousands of suppliers.
The software enables continuous monitoring of your third parties, delivering live updates on market events, security breaches, and regulatory changes. Timely alerts allow your team to respond swiftly and reduce exposure to emerging risks.
3rdRisk provides a transparent system for defining responsibilities, allowing users to assign roles, tasks, and follow-ups to specific stakeholders. This feature ensures that everyone understands their duties, improving accountability and reducing the risk of task-related issues.
The platform effortlessly generates comprehensive risk and compliance reports. Users can track performance metrics, compliance levels, and risk status with structured dashboards that support informed decision-making and simplify internal and external reporting.
Users can leverage ready-made templates, such as frameworks, control sets, and surveys, built to international standards while the AI-powered document analyzer processes and summarizes supplier documents. This feature reduces manual effort and accelerates risk evaluation.