0
1.0.0
Xanadu
This AI-driven Third-Party Risk Management (TPRM) application streamlines the assessment of third-party vendors by analyzing their submitted responses using artificial intelligence. The platform automatically identifies potential risks, flags issues, and generates relevant document requests, reducing manual effort and ensuring a consistent, data-driven approach to vendor risk evaluation.
1. Automated Response Analysis
- AI scans and interprets third-party responses for risks, inconsistencies, and compliance gaps.
2. Risk Identification and Creation
- AI detects potential risks from response data and auto-generates risk records with relevant metadata (e.g., severity, impact area).
3. Issue Detection
- Identifies issues such as policy violations, missing controls, or unsupported claims within responses.
4. Smart Document Request Generation
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AI suggests and drafts follow-up document requests to gather clarification or supporting evidence.
1. Automated Response Analysis
- AI scans and interprets third-party responses for risks, inconsistencies, and compliance gaps.
2. Risk Identification and Creation
- AI detects potential risks from response data and auto-generates risk records with relevant metadata (e.g., severity, impact area).
3. Issue Detection
- Identifies issues such as policy violations, missing controls, or unsupported claims within responses.
4. Smart Document Request Generation
-
AI suggests and drafts follow-up document requests to gather clarification or supporting evidence.
- Xanadu Version
- GRC: Vendor Risk Management
- Now Assist for Creator