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3rdRisk introduces AI in third-party risk platform

Joost van Beijsterveld
December 27, 2023
0 min read
3rdRisk introduces AI in third-party risk platform

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At 3rdRisk, we are excited to present the latest update to our platform, now enhanced with advanced AI functionalities designed to revolutionise third-party risk management. Introducing the AI Analyser, an intuitive tool that significantly accelerates the evaluation of assessment evidences such as SOC 2 reports and ISO certificates. Traditionally, risk professionals dedicated 4-6 hours to this task, but our AI technology optimises accuracy and efficiency by 90%.

Moreover, this update includes an AI-powered third-party Assessment Summerizer. This feature adeptly condenses the entirety of a third-party's responses, indicating key conclusions and suggesting areas for improvement.

We offer these AI capabilities in beta to all our customers, reinforcing our commitment to enhancing risk management processes with cutting-edge technology.

Joost van Beijsterveld
Customer Success Manager

“Aside from large corporations such as ING Bank or KBC, we value contributing to the bigger picture. That’s why we’re currently supporting The Ocean Cleanup project with our technology"

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