Sustainability

Lack of focus on sustainability initiatives pose a number of risks and costs.

Risk Intelligence

Reliable and trustworthy vendor risk report. An AI-Driven Human-Led solution backed by the leading credit bureau in the world.

SMART TPRM

An intelligent automation and cost-effective risk assessment solution for any sized organization.

Governance

Increase Efficiency and Effectiveness in governing your large Managed Service relationships through SMART relationship management.

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Enterprises increasingly depend on Third-Party Vendors to meet digital age challenges of technological innovation and heightened competition leading to increased risk.

Now more than ever, organizations face additional challenges in the form of increased focus on Sustainability,
Diversity & Inclusion
requiring organizations to re-balance their vendor portfolio.

Mitigating vendor risks requires more than just traditional risk assessments. It requires a new ‘mind-set’ and ‘technology-set’ change.

One that monitors the risk and reward of using vendors with increased societal benefits.

That’s why we are introducing the OPEN3PRX™.

Mitigating third-party risks requires more than just traditional risk assessments. It requires a new ‘mind-set’ and ‘technology-set’ change.

OPEN3PRX™ can help organizations make smarter business decisions by gaining a deeper insight of your third-parties.

From providing SMART Risk Intelligence to helping third-parties improve their risk posture, promoting Sustainable Development Goals (SDG), we have it all covered. 

Our purpose is to be the single source of truth for third party Risk Intelligence keeping sustainability as a core business principle

OPEN3PRX™ RISK INTELLIGENCE

OPEN3PRX™ RISK ASSESSMENT

OPEN3PRX™ SUSTAINABILITY

OPEN3PRX™ delivers reliable, trustworthy and up to date risk intelligence with near real-time monitoring to effectively mitigate third party risks.

OPEN3PRX™ Risk Intelligence

Reliable & Trustworthy – backed by the leading credit bureau in the world – Get access to the most comprehensive Risk Intelligence Report that analyzes 100+ data elements on Third-Parties or any business partners globally to help your organization make better business decisions. AI-Enabled and Human-Led solution. 

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COUNTRIES
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MILLION BUSINESSES

Quickly complete due diligence on your third-parties. OPEN3PRX™ can provide you with the SMART Risk Insights on vendors globally. We can solve both your domestic and international business challenges when it comes to vendor due diligence.

OPEN3PRX™ Risk Assessment

OPEN3PRX™ Risk Assess helps reduce effort and cost with your third party risk management lifecycle. Our intelligent automation and customizable solution makes it easy for any organization. Whether you have a handful of vendors or thousands, we have a cost-effective solution for your organization.  

  • Delivers readily accessible risk assessments where vendor assessments are already available thus saving time and cost; or
  • Enterprises can initiate their own assessment leveraging easily customizable risk assessment frameworks

OPEN3PRX™ Sustainability

OPEN3PRX™ Sustainability solution proudly adopts the Ten Principles of the United Nations Global Compact (UNGC).

The UNGC is the world’s largest corporate sustainability initiative – it is a call to companies to align strategies and operations with universal principles on human rights, labour, environment and anti-corruption, and to take actions that advance societal goals.

Small and medium businesses have been largely overlooked by climate change policy, and this sector has the greatest opportunity. Lack of focus on sustainability initiatives pose a number of risks and costs for business including putting the company’s social license to operate at risk, reputational damage, consumer boycotts, exposure to legal liability, adverse actions by government, investors and business partners.

Our approach offers encouragement and motivation for companies to take the FIRST-STEP towards adopting Sustainable Development Goals (SDG) and move towards defining Science Based Targets to GHG Emission reduction for Scope 1, Scope 2 and from upstream and downstream activities in the value chain (Scope 3) adopting the GHG Protocol standards.

International Standards

OPEN3PRX™ provides the most reliable Vendor Security Ratings and our assessment framework is based on international standards.

OPEN3PRX™ benefits both Enterprises and Third Parties

To create true value for your organization and help meet business objectives, your organization will need to closely engage with your third-parties more than ever.

Join the Global OPEN Third-Party Risk Exchange

THIRD-PARTY PROFILES

(PROVIDER)
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20+ categories, 80+ services, 20+ countries

ENTERPRISE PROFILES

(BUYERS)
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Companies looking to add third parties with strong risk posture and supports sustainable development

FOR ENTERPRISES

Gain access to validated assessments, access risk maturity levels & ratings data of your third parties.




FOR THIRD-PARTIES

Be THE company that your customers will TRUST and will want to partner





FOR RISK ADVISORY FIRM

Join the community of risk practitioner’s,assessors,appraisers and contribute to a safe and secure world.




FOR ENTERPRISES

Gain access to validated assessments, access risk maturity levels & ratings data of your third parties.

Learn More



FOR THIRD-PARTIES

Be THE company that your customers will TRUST and will want to partner

Learn More




FOR ENTERPRISES

Join the community of risk practitioner’s,assessors,appraisers and contribute to a safe and secure world.

Learn More



What are the industry experts saying about us?

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IDC believes that ENGAIZ with its AI-Driven “Integrated Third-Party Engagement Platform”, will be able to address many of the third-party governance, relationship and risk management challenges highlighted in this paper, giving it a significant opportunity to help organizations drive excellence and innovation with their strategic relationships.”

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"If your company is in the market for proven risk identification tools, actionable due diligence and risk ratings, or an AI enabled tool that help you manage contracts, costs, performance and drive innovation, ENGAIZ is the platform for you."

Linda Tuck Chapman
CEO - Third Party Risk Institute Ltd.

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"We truly are impressed with ENGAIZ's unique value proposition for organizations looking to manage, govern and mitigate third-party risks."

Dawn Tiura
President and CEO - Sourcing Industry Group (SIG)

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“Digitally transforming organizations are increasingly dependent on third parties of varying sizes. A shift from pure ‘Cost’ focus to a cost plus ‘Shared Risk’ & ‘Value’ focus when engaging with strategic third-party vendors seem to be imminent. ”

Jai Chinnakonda
Founder, ENGAIZ

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Key Benefits

FOR
ENTERPRISES
Quickly access Vendor Risk Assessments, Ratings and Insights.

Fast track vendor onboarding

Cut short the 4-6 weeks it takes for vendor risk assessments. Save effort and cost.

Automated near real time Monitoring

Peace of mind knowing that ‘blind spots’ are monitored 24×7.

Predictive Risk Insights

SMART Risk Insights promotes ‘proactive’ risk avoidance measures and better decision making.

FOR
THIRD-PARTIES
Be THE company that your customers will TRUST and will want to partner.

Shorten sales cycle

Proactively sharing risk assessments improves your chance of getting short-listed in any competitive RFP process

Don't chase; Attract Customers

Attract customers proving you are secure in addition to your strong capabilities.

Improve your Risk Posture

Ensuring that your organization has strong mitigating controls will only increase your chances of closing deals faster and becoming a ‘Preferred Vendor Partner’.

FOR
ADVISORY FIRM
Human-led
Advisory Services

Managed Advisory Services

Provide fully managed TPRM or Sustainability services for your enterprise clients leveraging our technical solution

Advise Third-Parties

Gain access to third-parties that are looking to improve their risk posture and promote sustainability

Grow your Risk Management Practice

Generate additional revenue stream and gain access to potential opportunities

As an Advanced Tier trusted AWS Partner, we meet specific criteria measuring us on Knowledge, Experience and Customer Success with AWS.

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