ThirdPartyTrust is a vendor risk management platform designed to streamline communication and collaboration between vendors and enterprises with communication, data gathering, and information sharing tools, and more. When a vendor assessment needs to be completed, ThirdPartyTrust automates the collection of information & integrates other data sources to get the best insights. ThirdPartyTrust serves various industries, including financial services, life sciences, healthcare, and energy.
ThirdPartyTrust provides vendors with the tools to kickstart the assessment process, and enables companies to assess vendors and answer customer requests for assessments, all in one place. ThirdPartyTrust supports companies with a range of features, including access and user management, team and vendor collaboration, ongoing monitoring, customizable vendor assessments, business impact and vendor scoring, and more. The audit trail and history feature helps users maintain transparency and accountability, as well as reconstruct previous events, detect intrusions and perform problem analysis.
Access and user management technology allows vendors to manage their own users and privileges, while ongoing monitoring and data feeds enable users to accurately understand vendor risk through assessment questionnaires, web application scanning scores, security certifications monitoring and submitted vendor information. Customizable vendor assessments enable users to collect the right information and ask the most relevant questions based on the vendor’s risk to the organization. Business impact and vendor scoring tools give users an objective way to monitor and measure vendor security performance.
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