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Yes. ThirdPartyIQ is additive by design. It works alongside the GRC, third-party risk management (TPRM/VRM), and procurement systems you already run, and just as well for teams managing the program on spreadsheets and email. Nothing to rip out.

A questionnaire collects a third party’s answers, and your team still has to decide whether those answers meet what you require. ThirdPartyIQ starts from the requirements. Each one is verified directly against the evidence, and the evidence maps back to your assessment questionnaire as needed, so a third party is qualified on whether it meets your requirements rather than on whether it completed a form. Because most requirements are settled before the third party is contacted, evaluations finish sooner.

Less work, and they will thank you for it. Third parties hate answering hundreds of questions by copying and pasting from documents they have already produced, and that burden is the biggest reason assessments come back slowly or only after repeated follow-up. ThirdPartyIQ answers the majority of assessment questions from evidence before your third parties are asked anything, so they confirm a short set of targeted items instead. Less work for them, less chasing for you, and faster responses that mean faster onboarding.

On your authority, and we keep them current as new versions are published. That covers SOC 2 reports and bridge letters, attestations, continuity and disaster recovery plans, insurance certificates, financial statements, and policy documents. In a conversation, our team will walk you through exactly how we do this for your program.

Your team does. AI does the reasoning and shows its work. Every recommendation is evidence-cited, every decision is logged, and nothing becomes a work product without a named human approval.

The cited diligence report on each third party, and an exportable audit trail behind it: what triggered each action, the evidence that supported it, who reviewed it, and when they approved it. Together they answer the questions examiners and auditors ask about any third party: what diligence was performed, what has been done since, and who decided what and why.

We expect that diligence, because assessing third parties is our business. Security and trust were designed into the platform from the start. ThirdPartyIQ runs on Microsoft Azure, which carries its own SOC 2 Type 2 attestation for the underlying infrastructure, and we are building our own control set to the SOC 2 criteria, with controls operating at our Q4 go-live and an independent Type II attestation targeted for early 2027. Our founding team has built and operated SOC 2 audited platforms for financial services organizations before. Our Security page has the detail, and we answer security questionnaires directly.