Automate and simplify Third Party Risk Management | TPRM
A single incident affecting one supplier can disrupt your operations, business continuity, and reputation
- Continuously monitor for emerging risks across your supply chain that could impact you
- Help and guide teams with TPRM. Advanced automation returns up to 50% of their time
- Enable real-time, not point-in time monitoring of the security status of suppliers
Automate and scale third party risk management without pain
Our Aegis platform unifies real-time data, assessments, and threat monitoring to deliver a continuous 360-degree view of third party risk. Onboarding new suppliers is quick and easy, while powerful automation assesses them against key security standards or your own custom questionnaires.
The result? Teams using Aegis create automated risk assessments in half the time, easily sharing findings with suppliers and empowering them to address gaps without delay.
Speak to a TPRM expert
Ready to get a faster, clearer, and simpler view of your third party risk management?
Whether you have a live project and need a competitive quote, or just some quick advice, our team of experienced experts are here for you. Simply complete the form, or give us a call on 0330 460 4633, and we’ll be in touch very soon.
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Welcome to the Aegis Platform
How leading organisations manage their third party risks
It’s time to move on from manual tasks, workflows, shared Excels and SharePoint folders. Embrace automated and always on third-party risk assessments with our Aegis platform.
- Prioritise monitoring and alerting of high risk vendors and make confident decisions based on real-time data.
- Get insights into your suppliers and their gaps against over 20 information security frameworks including ISO 27001, SOC 2, and GDPR.
- If Aegis automatically detects an incident that has changed a key suppliers’ risk profile it will instantly alert your team.
Automate questionnaire creation and tracking
Speed up your supplier questionnaire creation and responses with AI powered automation.
Are teams telling you of their frustrations of using email or Excel to conduct and track supplier risk? Aegis automates the entire questionnaire and reporting process from start to finish, creating a simple and standardised experience for all parties.
- Automatically calculate assessment scores against your set criteria.
- Use templates from our extensive library rather than creating them from scratch.
- Aegis follows up on your behalf to remind a supplier if a response is overdue.
- No more back and forth – Aegis checks all response requirements are met before a questionnaire can be submitted to you.
Get real-time supplier risk ratings
Aegis identifies the risks among your suppliers that pose the greatest threat to you in real time, not point in time.
Easy-to-understand risk ratings, calculated by findings from multiple sources can be shared in minutes via the Aegis Evidence Hub, a centralised resource for suppliers, auditors, and leadership to co-ordinate responses. Scan results, digital questionnaire responses, and documentation for framework certification are time / date stamped and visible to all stakeholders.
Automate remediation planning
Work with your suppliers to remediate the vulnerabilities and close the compliance gaps Aegis surfaces.
Based on identified third party risks and their potential impact and likelihood, Aegis automatically creates a bespoke remediation plan.
- Not all risks carry the same weight, so Aegis intelligently prioritises issues based on potential impact and greatest security gains, helping you focus your team’s time where it matters most.
- Every remediation action is logged, providing ready-made evidence for auditors, regulators, and stakeholders without the manual paper chase.
- Easily share findings with your suppliers and work with them to improve security postures
Third Party Risk Management FAQs
Third-party risk management is the process of identifying, assessing, and mitigating risks that arise from working with external vendors, suppliers, contractors, and service providers. It ensures that third parties do not introduce security, compliance, financial, or reputational risks to your organisation.
While third parties are responsible for their own information security practices, if your organisation suffers a data breach or cyber-attack because of their actions or failures, it is also likely your organisation will also be held accountable. This is because regulators and customers expect businesses to be proactive when it comes to third party risk management, and actively assess and monitor their vendors’ risks.
High-risk vendors who can access your sensitive data or are critical to your business continuity should be reviewed continuously through Aegis, while lower-risk vendors who have limited or no access to your IT systems can be assessed quarterly or even annually.