Third party risk management

Our Third-Party Risk Management module is a comprehensive, intuitive solution designed to seamlessly integrate various risk areas, encapsulating a multidisciplinary approach to third-party risk management. This module simplifies and automates the complexities of third-party relationships, integrating insights from different risk domains like sustainability, cybersecurity, and compliance.

Some of our
Third party risk management
clients and partners
Third party risk management

3 most common challenges and our solutions

Your challenge #1

Lack of established process

For organisations just beginning to manage third-party risks, the absence of a structured process can lead to inconsistent risk evaluations and missed critical vulnerabilities. This lack of formalisation often results in inadequate risk oversight and increased exposure to third-party related risks.

Our solution #1

TPRM module

We provide best-practice templates and a guided setup process to quickly establish an effective TPRM framework. Our platform ensures that even organisations without an existing TPRM process can deploy a robust, comprehensive risk management strategy efficiently.

Your challenge #2

Dependence on spreadsheets

Reliance on spreadsheets for managing third-party risks often results in inefficiencies, data inaccuracies, and limited capabilities for risk analysis. This approach struggles to keep pace with the dynamic nature of risk management and fails to provide a holistic view.

Our solution #2

TPRM module

Transition from spreadsheets to our intuitive, AI-powered platform that offers advanced analytics and real-time data capabilities. Our solution facilitates efficient data management, comprehensive risk insights, and supports informed decision-making.

Your challenge #3

Inadequate technology

Many organisations struggle with technology that is not specifically designed for performing multi-disciplinary TPRM, leading to inadequate risk assessments and a lack of critical features necessary for comprehensive risk management.

Our solution #3

TPRM module

Our TPRM module is specifically tailored for TPRM, equipped with all necessary features, including a multi-disciplinary approach. This ensures a seamless transition and enhancement of your current risk management practices, making them more effective and aligned with your specific needs.

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Janneke Coopmans
"Thanks to 3rdRisk's technology, risk management and the execution of controls have become something for the entire organisation. Our stakeholders in the business are now much more involved in executing and testing controls. Risk awareness has improved. That's a huge gain."
Farida Fouad
de Bijenkorf
"You don't need any training at all to understand the 3rdRisk platform. Everything is self-explanatory. Moreover, it looks very intuitive and sleek – it feels as though it's a tool that has been specially developed for de Bijenkorf."
Nick DeFreitas
"The implementation felt like a true partnership. It seemed as if we extended our team to include you, and you took on the majority of the work, guiding us every step of the way. Your support was invaluable in helping us succeed”
Sem J. de Spa
"3rdRisk is genuinely an innovative technology scale-up. They've tailored their platform to match the real needs of the end users. Its integrations and design make the system navigation easy and fun, which is unique for risk and compliance technology."
Dave van Gulik
Trust Alliance
"3rdRisk is our go-to platform for risk and compliance management. Why? Because it's based on the latest standards in our field, highly flexible, intuitive, and pleasant to work with, and very accessible to our clients, from multinationals to large SMEs."


In the overview below, we have listed the most frequently asked questions and answers. Do you still have questions? Just reach out to one of our experts.

Does the TPRM module allow for customisation of email templates?

Absolutely. We understand the importance of consistent communication, so our module supports the customisation of email templates. This allows organisations to maintain their tone and style in all communications related to third-party risk management.

Can 3rdRisk be integrated with existing systems and support custom domains?

Yes, our TPRM module offers flexible integration with existing systems and supports custom domains, allowing for a cohesive and branded risk management experience. This feature enables organisations to maintain their brand identity while using our platform.

How does the 3rdRisk due-diligence portal enhance third-party risk management?

The dedicated due-diligence portal allows third-parties to securely submit and update their information, ensuring a streamlined and efficient risk assessment process. The ability to brand the portal according to the client organization’s identity further enhances trust and professionalism in the relationship.

What makes the 3rdRisk different from a TPRM module from a traditional GRC solution provider?

The 3rdRisk TPRM module distinguishes itself from traditional GRC solutions through several key features and approaches:

  1. Intuitive user interface: The module is designed with an intuitive interface, making it user-friendly and accessible. This contrasts with many traditional GRC tools, which can be complex and require extensive training.
  2. Real-time monitoring and analytics: 3rdRisk's TPRM module offers advanced real-time monitoring and analytics capabilities. This enables more proactive risk management, as opposed to the often reactive nature of traditional GRC solutions.
  3. Multidisciplinary integration: Unlike traditional solutions that may focus on specific risk areas, the 3rdRisk TPRM module integrates various risk domains (such as financial, cyber, compliance) for a comprehensive risk assessment.
  4. Automated aue diligence and AI analysis: The module automates the due diligence process and employs AI for analyzing reports and assessments, streamlining workflows and improving accuracy. Traditional GRC tools may not offer such advanced automation and AI capabilities.
  5. Flexible integrations with existing systems: 3rdRisk's TPRM module is built for seamless integration with a variety of existing systems, enhancing its utility and ensuring it complements rather than replaces current processes.
  6. Customisation and branding: The module allows for a high degree of customization, including custom domains and email templates. The due-diligence portal for third parties can also be branded to match the client organization’s identity, a feature not commonly found in traditional GRC tools.
  7. User-centric design and approach: The focus on user experience is central to the 3rdRisk TPRM module. It's designed not just as a tool but as a solution that fits into and enhances the user's workflow.

By combining these innovative features with a user-centric design, the 3rdRisk TPRM module provides a modern, efficient, and effective alternative to traditional GRC solutions.

Can I effectively manage third-party risks with 3rdRisk without having a dedicated team?

Yes. By using the TPRM module of the 3rdRisk platform, you can already assess and monitor up to 100 third parties with only a few hours a week. In addition, you can also decide to outsource third-party risk management or internal control activities. For organisations that are inclined to outsource these tasks, we have established partnerships with renowned partners who are well-versed in leveraging our platform’s capabilities allowing them to deliver excellent quality at a competitive price.

Do I need training to operate the 3rdRisk platform?

No. No training or certification is required to operate the 3rdRisk platform. For organisations that choose to manage their internal control or third-party risk management program in-house, our platform acts as an intuitive platform, streamlining processes and making follow-up and monitoring straightforward. Its design ensures that teams can quickly familiarise themselves with its features, reducing the learning curve and allowing for immediate implementation.

Still have a question?

Our experts are always here to help you out.