Build your future with us.
Build your future with us.
Protect your business from third-party vendor risk across security, compliance, and operational risks, with automation that removes manual overhead.
Third-Party Risk, Managed from Onboarding to Outcome
Your third parties are an extension of your organization – and their security practices can directly impact your business, data, and compliance posture.
COMPASS TPRM brings vendor onboarding, questionnaire management, assessments, AI-assisted evaluation, and reviewer validation into one streamlined workflow. It reduces the manual effort involved in chasing vendors and reviewing responses, while keeping your team in control of every risk decision.
From the moment a vendor enters your ecosystem to the final assessment outcome, COMPASS creates a consistent, traceable, and defensible third-party risk management process.
The Third-Party Risk Management Lifecycle
From Vendor Onboarding to a Defensible Risk Outcome
COMPASS brings the entire assessment journey into a single, structured workflow—so your team and your vendors spend less time on administration and more time on managing risk.
Onboard Vendor
Bring Every Vendor into One Place
Onboard and manage third parties through a centralized vendor workspace. Vendors can maintain their own profiles, contacts, and documents through a self-service portal, giving your team a reliable source of vendor information.
The Value
Create Assessment
Create Consistent, Framework-Aligned Questionnaires
Build assessments quickly using a centralized Question Library containing reusable, vetted questions aligned to recognized frameworks. Select and assemble the questions needed for each assessment and send the questionnaire directly to the vendor.
The Value
Vendor Response
Make Assessments Easier for Vendors to Complete
Vendors complete questionnaires through a simple fill-and-submit experience. AI Assist helps vendors respond faster by generating suggested answers that they can review, edit, and confirm before submission.
Vendors can also provide the supporting information and evidence required as part of the assessment.
Key Benefits
AI-Assisted Evaluation
Accelerate Review Without Removing Human Judgment
Once the vendor submits the assessment, COMPASS uses AI to support the evaluation of responses and supporting evidence. Questions move through a clear status lifecycle – from submitted to pending review and ultimately to a compliance outcome.
The AI handles the initial evaluation so reviewers can focus their attention on responses that require judgment.
The Value
Review & Finalize
Keep Experts in Control of the Final Outcome
The AI Evaluator provides reviewers with a dedicated workflow to assess vendor responses and supporting evidence. Reviewers can confirm or override AI-generated outcomes before the assessment is finalized.
Every decision remains reviewable, with the supporting evidence and reviewer sign-off captured for future reference.
Key Benefits
Third-Party Risk Management for Compliance and Regulations
Built for Third-Party Risk Management Regulations
Vendor oversight is now a regulatory expectation, not a best practice. CyRAACS aligns your program with third-party risk management regulations and compliance requirements from RBI, SEBI, ISO 27001, SOC 2, and PCI DSS, and produces the audit-ready evidence reviewers request. For banks, NBFCs, and fintechs, it turns vendor management from an audit liability into proof of control.
From Manual Vendor Management to Intelligent Risk Management
Managing third-party risk shouldn’t mean chasing emails, spreadsheets, documents, and assessment responses.
COMPASS TPRM brings the vendor lifecycle into one structured, AI-assisted workflow – giving risk teams greater efficiency, consistency, and visibility.
| Traditional TPRM Challenges | With COMPASS TPRM |
|
|
Why COMPASS TPRM?
COMPASS TPRM combines intelligent automation with structured workflows and human oversight to simplify how organizations manage third-party risk.
See COMPASS TPRM in Action
Experience a smarter way to onboard, assess, evaluate, and manage third-party risk.
Frequently Asked Questions
COMPASS TPRM is an AI-enabled third-party risk management solution that brings vendor onboarding, questionnaire management, assessments, AI-assisted evaluation, and human validation into a single workflow.
Vendors can maintain their profiles, contacts, and documents through a self-service portal, reducing manual data collection and email-based coordination.
Yes. AI Answer Suggest provides suggested responses that vendors can review, edit, and confirm before submitting their assessment.
COMPASS uses AI to support the initial evaluation of vendor responses and supporting evidence. Responses move through a structured status lifecycle, allowing reviewers to focus on items that require human judgment.
Yes. Human oversight remains part of the assessment workflow. Reviewers can confirm or override AI-generated outcomes before an assessment is finalized.
Yes. COMPASS provides a reusable Question Library that allows teams to assemble questionnaires from standardized, vetted questions.
Structured workflows and AI-assisted evaluation allow teams to handle growing vendor volumes and larger questionnaires without a proportional increase in manual effort.
Related Resources
