Pre-fill vendor assessments from external data — with AI-assisted recommendations to mitigate risk.
ThirdPartyIQ reduces the questionnaire burden your team repeats for every vendor, supplier, and counterparty — pre-filling assessments from external data, surfacing potential issues, and monitoring continuously. Run it standalone, or alongside the GRC or TPRM tools you already use.
Pre-fill assessments from external data — less questionnaire effort, AI-assisted recommendations to mitigate risk
They digitized the workflow. We transform it.
Modern TPRM platforms organize questionnaires, collect documents, and track periodic reviews — but the manual work stays. Intelligence-first due diligence changes the structure: start from what external sources already know, verify only the gaps, and monitor continuously after onboarding. Run ThirdPartyIQ on its own, or as an intelligence layer alongside the GRC or TPRM system you already have.
Today — questionnaire-first
- Build and send a 200+ question questionnaire to every vendor
- Wait weeks for responses — many vendors deprioritize lower-priority buyers
- Manually review answers with no independent verification
- Annual re-assessment cycle — risk changes go undetected between reviews
6–12 weeks to onboard · Annual coverage · 8–12 hrs vendor time
With ThirdPartyIQ — intelligence-first
- Pull from external sources first — completing most of the assessment before vendor contact
- AI validates vendor claims against underlying evidence across financial, cyber, legal, and regulatory domains
- Vendors verify only what can't be confirmed independently — in minutes, not hours
- Continuous monitoring replaces the annual re-assessment cycle — every relationship, always under watch
Days to onboard · Always-on coverage · Minutes of vendor time
What the platform does
Vendor due diligence
We don't run your whole assessment process — we take the questionnaire burden out of it. ThirdPartyIQ pre-fills up to 80%+ of an assessment from external data on the vendor, cutting the collection and review time, and surfaces the potential issues and findings that need a closer look — with AI-assisted recommendations to mitigate risk. Use it on its own, or to complement a GRC or TPRM tool you already run.
Continuous monitoring
Financial health, cybersecurity risks, reputational and legal issues, sanctions list changes, adverse media coverage, and ESG signals tracked between review cycles. Material changes surface as alerts — not in your next quarterly report.
Examiner- and audit-ready documentation
Assessment reports structured to the guidance your examiners and auditors expect — OCC, FDIC, CFPB, and NCUA for financial institutions, and the equivalent framework in other regulated industries. A complete evidence trail with timestamps and reviewer sign-offs makes audit prep a continuous output, not a scramble.
AI-assisted assessment workflow
AI drafts risk summaries, identifies pattern anomalies, and flags gaps in evidence. Your team reviews, modifies, and approves every assessment. The work product is yours — with a complete audit trail of human decisions.
Vendor network and fourth-party visibility
ThirdPartyIQ is building a shared vendor profile network to reduce duplicated assessment work across institutions. Today, the platform maps your vendor dependency chain to surface fourth-party concentration risk that questionnaires don't reach.
AI-assisted, human-confirmed — every step
Examiners are paying close attention to how financial institutions use AI tools in high-stakes workflows. ThirdPartyIQ is designed to satisfy that scrutiny: every AI output is presented as a draft for human review, not a final decision.
No automated approvals. No risk ratings issued without a reviewer signing off. Your team owns the work product — AI accelerates the work, but the professional judgment stays with your staff.
- AI identifies
- Patterns in vendor data, gaps in evidence, anomalies in financial signals, and draft risk summaries.
- Humans confirm
- Every risk rating, every assessment conclusion, and every document submitted to examination.
- Examiners see
- A complete audit trail: who reviewed, what they changed, and when they approved.
One connection to every risk domain — decisions, not dashboards
Most teams stitch together a separate source for each kind of risk, then spend their time reconciling formats and reading raw data off a dashboard. ThirdPartyIQ brings together established data providers across every domain and adds the intelligence layer on top — consolidating and normalizing every source into one portal, reasoning across them, and returning a clear risk rating and recommendation for each category. You connect once, not to a dozen sources, and the answer is obvious at a glance.
- Financial health
- Cybersecurity
- Reputational & legal
- Sanctions & watchlists
- ESG
One connection, normalized
No juggling multiple data providers, separate logins, or mismatched formats. One portal consolidates and normalizes every source — so you stop assembling data and start using it.
Decisions, not dashboards
We don't hand you raw data to decipher. AI reasons across the domains and returns a clear, category-level risk rating and a specific recommendation — backed by cited evidence, AI-assisted and human-confirmed — so interpretation isn't left to you.
A more cost-effective path
One consolidated subscription typically costs far less than licensing each data source directly or stacking separate point solutions to cover the same ground — so you can broaden coverage without multiplying spend.
See the platform in the context of your program
Tell us about your current vendor inventory, examination schedule, and team size. We'll walk you through what ThirdPartyIQ looks like for your institution.
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