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Enterprises increasingly depend on third-party vendors exposing themselves to increased risk.

OPEN Third-Party Risk Exchange (OPEN3PRX™) helps enterprises with readily accessible risk assessments, insights and near real time monitoring to mitigate vendor risks by aggregating multiple risk data sources eliminating 'blind spots' in risk management.

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PERCENTAGE

Respondents in a survey conducted by a Big 4 consulting firm indicated low levels of confidence in tools & technology related to Third-Party Governance & Risk Management.

Benefits to enterpriseS

Fast track vendor onboarding

  • Search OPEN3PRX™ and build your vendor portfolio in minutes. Cut short the 4-6 weeks it takes for vendor risk assessments. Save effort and cost.
  • Gain instant access to Pre-assessment Report and Inherent Risk of the vendors in your portfolio.
  • Quickly access thousands of updated vendor risk assessments and controls audit report.

Automated near real time Monitoring

  • Cybersecurity, financial health, sanctions, PEP, adverse media and country risk data monitored continuously. 
  • Vendor ratings / score is adjusted automatically on a near real time basis
  • Peace of mind knowing that ‘blind spots’ are monitored 24×7. 

Predictive Risk Insights

  • Valuable ‘Risk Insights’ generated by aggregating multiple data sources.
  • Stop managing risks at crisis point ’reactively’ resulting in retrospective action after a risk incident.

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

How it Works?

1

SIGN-UP

Quickly create your organization profile

2

SELECT

Search Global Vendor Pool and build your portfolio

3

REQUEST

Request access to view validated and/or certified risk assessment data

4

ACCESS

Gain access to vendor risk insights or assessments data

open3prx™ risk MANAGEMENT framework
The OPEN3PRX™ is the only Risk Exchange that provides Enterprises with broad focus covering 12 Risk Domains.

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Subscription Plans for the Enterprise

BASIC

FREE
  • Access to standard Risk Control Self Assessment (RCSA) templates
  • Access to standard knowledge base
  • Access or Request up to 10 Vendor Pre Assessments / Due-Diligence

STANDARD

CONTACT US
  • Everything in BASIC
  • Access or Request up to 500 Vendor Assessments
  • Includes Due-Diligence, Self Assessments reviewed by Certified Risk Practitioners

PREMIUM

CONTACT US
  • Everything in STANDARD
  • Includes Controls Assessment by Certified Risk Practitioners
  • Customize your plan

FEATURES

PRICE / Month (Billed Annually)
  • Choose a Plan
  • Access to Pre-Assessment Reports
  • Access to OPEN3PRX™ RCSA Data
  • Access to OPEN3PRX™ Controls Audit Data
  • Access to Expert Advisors
  • Number of Vendors
  • Number of Admin Users
  • Number of Users

BASIC

FREE

STANDARD

Contact Us

PREMIUM

Contact Us

FEATURES

PRICE / Month (Billed Annually)
  • Choose a Plan
  • Access to Pre-Assessment Reports
  • Access to OPEN3PRX™ RCSA Data
  • Access to OPEN3PRX™ Controls Audit Data
  • Access to Expert Advisors
  • Number of Vendors
  • Number of Admin Users
  • Number of Users