Artificial Intelligence, done differently
At 3rdRisk, AI is not just a feature or another buzzword. It is seamlessly embedded into our platform to make third-party risk management faster, smarter and more effective. But unlike many, we do things differently. Our AI is built with context-awareness, privacy-by-design and flexibility at its core.
Why our AI stands out
Our AI is designed for professionals who take risk management seriously but want to avoid wasting time on repetitive, manual tasks. Because AI is fully embedded in our platform, you benefit from contextual intelligence, automation and control, all while maintaining the highest standards of security and trust.
Choose your own AI model
We believe in giving you control. That’s why you can select the AI model that suits your risk posture and privacy preferences. By default, we offer secure, privacy-conscious European models, but US-based models are also available for organisations that prefer them.
Context-aware intelligence
Our AI understands your world. It considers the nature of your organisation, operational geography, risk appetite, and your specific risk landscape. The result? Insights and recommendations that actually make sense for your type of organisation.
Privacy-first architecture
Your data remains yours. Always. Each customer has a dedicated, isolated database. Your data is never shared, reused, or used to train AI models.
Fully integrated in workflows
Our AI is deeply integrated into the 3rdRisk platform. That means no switching between tools, no retyping of information. Just smarter workflows, right where you need them to manage risk and compliance effectively.
Your AI, your choice
We believe control should stay in your hands. Choose the AI model that fits your organisation’s risk appetite and privacy needs. Prefer European data protection? Our secure, privacy-first European models are enabled by default. Want to use a US-based model instead? That’s entirely up to you. You can also bring your own model.
Discover supplier risk in seconds
Leverage AI to generate predictive risk profiles based on supplier’s characteristics, such as type of business, assurance standards, financial and security ratings, news mentions, and more. Our platform detects early warning signals and highlight potential vulnerabilities before they materialise, supporting more proactive risk management without the need for a large team.
Analyse and interact with documents in seconds
Easily analyse documents received from third parties or internal stakeholders, including policy documents, assurance reports and data sheets. Let the AI extract key insights, flag potential issues and surface what matters most. You can ask tailored questions or use built-in templates to engage with the content instantly and effectively.
Country risk intelligence at your fingertips
Assess and monitor inherent country-level risks that may impact your third-party relationships, including geopolitical, regulatory, cybersecurity, and ESG factors. Profiles are updated dynamically and aligned with global risk standards to support informed sourcing and risk decisions.
Extract key terms and verify compliance with contracts
Add a contract to the contract catalogue and let the AI extract essential terms and populate the relevant fields automatically. It also checks whether the contract includes the necessary safeguards to meet requirements such as DORA compliance.
3rdRisk is trusted by companies similar to you
Read what others say about our third-party risk management platform.
FAQs and answers
We've compiled a list of frequently asked questions and answers for you. Didn't find your question? Contact us, and we'll be happy to answer.
How does 3rdRisk use AI in its platform?
We use AI to automate repetitive tasks, to provide summaries and insights and to aid decision support —making it faster and easier to identify issues, prioritise actions, and stay compliant.
What types of tasks does AI help automate?
AI supports tasks such as reviewing documents provided by internal stakeholders or third parties (e.g. SOC 2 reports, policies, data sheets), extracting key risk information from documents, flagging anomalies, evaluating third-party assessments, and streamlining assessment workflows—saving time and reducing manual effort.
Is AI in 3rdRisk explainable and transparent?
Absolutely. We believe in human-centred AI, meaning our models provide clear reasoning and results you can trust. Users always stay in control—AI supports decisions, but doesn’t make them for you.
How secure is the AI functionality in 3rdRisk?
Security is our top priority. All AI-powered features are developed and deployed within secure environments, and data is handled in compliance with applicable data protection and security standards. We can also de-activate AI on your environment if requested.
Will AI replace human judgement in risk and compliance?
Not at all. AI is designed to augment your team, not replace it. By handling repetitive tasks and surfacing insights, AI frees up experts to focus on strategic, high-value work—where human judgement is irreplaceable.
Can I test your AI functionalities?
Yes, you can sign up for a free trial, which gives you access to our standard AI-powered features. This allows you to experience how AI can streamline your risk and compliance workflows first-hand.