Third Party Risk Management (TPRM) Suite

The Certa TPRM Suite is an AI-powered platform designed to automate and orchestrate third-party risk management across all relationship types and risk domains. It enables organizations to move from periodic assessments to real-time risk monitoring, ensuring compliance, scalability, and operational efficiency throughout the entire third-party lifecycle.

Features

• AI-Powered Studio: No-code workflow builder using natural language and drag-and-drop functionality.
• Automated Decision Engine: Automates risk-based decisions using pre-set rules and scoring models.
• Generative AI Integration: Designs workflows, gathers data, monitors risks, and generates insights.
• Out-of-the-Box Templates: Includes SOC2 reports, privacy questionnaires, and other compliance forms.
• 130+ Integrations: Connects with leading data providers and internal systems for unified risk visibility.
• Audit Trails: Maintains detailed records of actions and decisions for compliance and transparency.

Capabilities

• Real-Time Risk Management: Continuously assesses third parties using internal and external data sources.
• Dynamic Due Diligence: Automatically updates assessments based on evolving data and requirements.
• Personalized Risk Scoring: Configurable scoring aligned with internal rubrics or industry best practices.
• Workflow Orchestration: Routes tasks and alerts to relevant stakeholders with embedded escalation paths.
• Scalable Architecture: Supports millions of entities and adapts to changing regulations and business needs.
• Vendor Onboarding Automation: Reduces onboarding time from months to weeks with AI-driven processes.

Benefits

• Speed: Accelerates vendor onboarding and risk evaluation by up to 3x.
• Efficiency: Automates up to 80% of risk workflows, reducing manual effort.
• Visibility: Provides full transparency across all third-party relationships and risk domains.
• Compliance: Ensures defensible compliance with audit-ready documentation and controls.
• Adaptability: Future-proofs risk programs against new threats and regulatory changes.
• Cost Reduction: Consolidates systems and teams into a single platform, lowering operational costs.