Solutions > Verifiable Third-Party Risk Management
Verifiable Third-Party Risk Management
Verifiable third-party risk management backs every vendor decision with evidence an auditor can check, rather than a questionnaire answer taken on trust. DigitalXForce does this in the Third-Party Risk Management module, which scores each vendor from questionnaire answers, evidence and external signals and sorts vendors into a three-tier risk model, while the External Risk View watches each supplier from the outside between reviews. It runs on the TRiSCM platform, and the terms used here are defined in the DigitalXForce glossary.
Continuous Control Assurance (CCA) uses evidence, monitoring and validation to determine whether controls continue to operate as expected. Vendor scores and internal control results share one data layer. In X-ROC, a vendor event and a failed internal control sit in the same queue, ranked by quantified business impact.
What We Give You
Third-Party Risk Register
Track every vendor’s risk level and assessment status.
Evidence-Based Assessments
Back every decision with verifiable audit trails.
Automated Due Diligence
Evaluate vendors with less manual effort.
Remediation Workflows
Enforce corrective actions efficiently.
Audit-Ready Reports
Export data for reviews, audits, and compliance checks.
Tiered Criticality Levels
Categorize risks by assigning a criticality level to each third-party relationship (Low, Medium, High) and manage vendor risks according to priority.
Vendor Scores
Each vendor gets its own score, built from its questionnaire answers, its evidence and external signals.
External Risk View
See each vendor's risk from the outside before it affects your operations.
Artifact Analyzer
Assess vendor compliance documents and evidence with AI.
Tiered Criticality Levels
Prioritize vendor risks by assigning criticality levels to third-party relationships (Low, Medium, High)
For more on third-party risk management with DigitalXForce, watch the video.
