Risk Ledger Description
Clients have all the tools they need to run a thorough, cyber-security-led, third party risk management program against their entire supply chain. It is fast, easy, free, and simple for third parties to get involved and help them improve their risk management maturity.
Our unique secure network model allows each organisation to run a third party risk management program and respond to client risks assessments. This creates trust relationships among the organisations on the platform.
Organisations that run a third-party program for risk management on the Risk Ledger platform can benefit from:
- Continuous monitoring of the supply chain for implementation of risk controls
Visibility beyond third-parties to fourth-, fifth-, and sixth parties
- Reduced procurement cycles by up to 80%
- Increased supplier engagement
Low per-supplier costs
Risk Ledger Alternatives
Prevalent
Prevalent Third-Party Risk Management Platform enables customers automate the critical tasks of managing, assessing and monitoring third parties throughout their entire life cycle. This solution integrates the following capabilities to ensure that third parties are compliant and secure:
* Automated onboarding/offboarding
* Profiling, tiering, and inherent risk scoring
* Standardized and custom vendor risk assessments, with built-in workflow and task management
* Continuous vendor threat monitoring
* A network of completed standardized assessments, and risk intelligence members.
* Compliance and risk reporting
* Management of remediation
Expert professional services are available to optimize and mature third party risk management programs. Managed services can be outsourced to collect and analyze vendor assessments.
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COBRA
Supply chains are complex, organic networks that connect people and grow over time. Statistics show that security breaches are a majority caused by third parties. C2 Cyber's Cobra platform instantly assesses the supplier's inherent risk, which saves time. It then recommends a level of service that matches the supplier's risk appetite and the client's.
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Riskpro
Third party risk management (TPRM), is a structured approach to manage and control risks that may arise to an organization from third parties. Third parties include: Customers, Vendors, Counterparties and Fourth Parties. Third-party relationships can pose a significant risk to an enterprise. Companies have been forced to pay more attention to potential cyber-related risks due to regulatory pressure and the proliferation of third-party partners. They allow companies to be competitive and flexible in a global business environment. These relationships allow companies to delegate tasks so they can concentrate on their core competencies. The benefits of third parties can also come with risks that pose serious threats to a company, such as cyber attacks, business continuity challenges, and reputational damage.
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D&B Risk Analytics
Globally, teams in risk, procurement, and compliance are under pressure to manage geopolitical risks and business risks. Third-party risks are impacted by the complexity of domestic and international businesses, as well as complex and diverse regulations. It is crucial that companies proactively manage third-party relationships. This cutting-edge platform, powered by D&B Data Cloud's 520M+ Global Business Records with 2B+ annual updates for third-party risks, is an AI-powered solution that mitigates and monitors counterparty risk on a continual basis. D&B Risk Analytics uses best-in class risk data, including alerts for high-risk purchases and match points of more than a billion. This helps to drive informed decisions. Intelligent workflows allow for quick and thorough screening. Receive alerts on key business indicators.
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Integrations
No Integrations at this time
Company Details
Company:
Risk Ledger
Year Founded:
2017
Headquarters:
United Kingdom
Website:
riskledger.com
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Product Details
Platforms
SaaS
Risk Ledger Features and Options
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