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features
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support

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Description

ProcessUnity Vendor Risk Management is a software-as-a-service (SaaS) application that helps companies identify and remediate risks posed by third-party service providers. ProcessUnity VRM combines a powerful vendor services catalog, dynamic reporting, and risk process automation to streamline third-party risk activities. It also captures key supporting documentation to ensure compliance and meet regulatory requirements. ProcessUnity VRM offers powerful capabilities that automate repetitive tasks, allowing risk managers to concentrate on more valuable mitigation strategies.

Description

Our platform offers a dynamic approach to evaluating and addressing AI-related risks in both models and datasets, focusing on issues like bias, proxy bias, and fairness. With our Responsible AI technology, we enhance the visibility of AI models, ensuring they are both explainable and interpretable. Our algorithms, grounded in research, work to identify and address risks stemming from a lack of robustness. Additionally, the platform conducts thorough reviews of the AI landscape in relation to various AI and MRM regulations, delivering in-depth risk assessments, detailed reporting, and automated remediation strategies. It is crucial to evaluate and mitigate AI risks present in both internally developed systems and those supplied by third parties. The SigmaRed platform facilitates an extensive third-party AI risk management (AI TPRM) process, significantly speeding up the AI risk assessment cycle while offering enhanced visibility, control, stakeholder-specific reporting, and a comprehensive repository of evidence. Furthermore, our technology not only enhances compliance but also fosters trust in AI systems by ensuring that potential risks are proactively managed.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

BitSight Yes 
Global Risk Exchange Yes 
RiskAssessmentAI Yes 
RiskRecon Yes 
Unframe Yes 

Integrations

BitSight No 
Global Risk Exchange No 
RiskAssessmentAI No 
RiskRecon No 
Unframe No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Types of Training

Training Docs No 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

ProcessUnity

Founded

2003

Country

United States

Website

www.processunity.com

Vendor Details

Company Name

SigmaRed

Website

www.sigmared.ai/

Product Features

Risk Management

Alerts/Notifications Yes 
Auditing Yes 
Business Process Control No 
Compliance Management Yes 
Corrective Actions (CAPA) No 
Dashboard Yes 
Exceptions Management No 
IT Risk Management No 
Internal Controls Management Yes 
Legal Risk Management No 
Mobile Access No 
Operational Risk Management No 
Predictive Analytics No 
Reputation Risk Management No 
Response Management Yes 
Risk Assessment Yes 

Product Features

Alternatives

Alternatives

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