Risk Intelligence

Thousands of startups are left out due to gaps in traditional risk evaluation system. OPEN Third-Party Risk Exchange (OPEN3PRX™) is a new risk framework to improve risk posture and connect with enterprise customers.

SMART TPRM

An automated and cost-effective third party vendor risk intelligence and assessment solution designed exclusively for small and medium enterprises (SMEs).

Sustainability

Manage end-to-end ESG program including measuring and reporting GHG Emissions.

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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.

Thousands of startups and small-mid sized businesses are left out due to gaps in traditional risk evaluation system. OPEN Third-Party Risk Exchange (OPEN3PRX™) is a new risk framework to improve risk posture and connect with enterprise customers.

Enterprises can make smarter business decisions by gaining a deeper insight of their third-parties.

From  Risk Intelligence, Assessments, Compliance Audits, ESG and helping startups, third-party vendors improve their risk posture, we have it all covered. 

The Single Source of Truth for Third Party Vendor Risk Intelligence, Assessments and ESG

OPEN3PRX™ delivers Reliable, Trustworthy and up to date Risk Intelligence, Assessments and ESG Data with Near Real-Time Monitoring for Startups and Third-Party Vendors.

OPEN3PRX™ RISK INTELLIGENCE

OPEN3PRX™ RISK ASSESSMENT

OPEN3PRX™ SUSTAINABILITY

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COUNTRIES
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MILLION BUSINESSES

Risk Intelligence & Ratings

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. 

  • For Startups & Third Party Vendors – Join OPEN3PRX™ to leverage a new-age risk framework, improve your risk posture, get connected to large enterprise customers. 
  • For Enterprises – Quickly complete due-diligence on your third-parties and get SMART Risk Insights on startups and vendors globally. 

Risk Assessments & Audits

OPEN3PRX™ Risk Assessments & Audits  provides an automated and customizable solution for performing risk assessments and compliance audits.  Whether you are a startup beginning your journey or a mature organization, we have a cost-effective solution for your organization.  

  • For Startups & Third Party Vendors – Improve your risk posture, comply with industry regulations or standards, fast track your journey to attaining SOC 2 or ISO 27001 certification. 
  • For Enterprises – Easily access risk assessments or initiate your own assessments leveraging easily customizable risk assessment frameworks saving time and cost.

ESG & Sustainability

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.

  • For Startups & Third Party Vendors – Take the first step in committing to sustainable development goals and stand-out with enterprise customers. 
  • For Enterprises – Manage your end-to-end ESG program and engage your third parties. NET ZERO goals cannot be achieved without engaging your third parties.

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 Party Vendors

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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Experian

"By combining the power of Experian’s data with ENGAIZ’s risk analytics, businesses can gain the insights they need to make better business decisions and mitigate risk."

Hiq Lee
President of Business Information Services at Experian

IDC

"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.”

Aaron Polikaitis
Vice President of Research

TPRI - Linda Tuck Chapman

"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.

SIG - Dawn Tiura

"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)

Media Update - Jai Chinnakonda

“Recent pandemic and global events have put tremendous stress on the first-line of defense in dealing with risk exposures related to third parties. Companies need a smart and easy way to access comprehensive risk intelligence on suppliers globally.”

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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