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OPEN Third Party Risk Exchange (OPEN3PRX™) is the first platform of its kind that assesses risk for startups, third-party vendors and assigns a risk score.

Many enterprise organizations want their service providers or vendors including startups to demonstrate adequate risk posture before they can consider doing business with them. Small and mid sized service providers often struggle with those lengthy and complex risk assessments initiated by enterprise customers thus losing out on key deals.

Thousands of startups are left out due to gaps in traditional risk evaluation system. OPEN Third Party Risk Exchange (OPEN3PRX™) is the answer to get in front of those large corporations that need what you offer, improve the chances of getting invited to those RFPs and win more deals.

Once assessed, companies get the flexibility to transmit or share the validated and /or certified risk assessment data securely with customers multiple times.

PROUDLY DISPLAY THE OPEN3PRX™ MARK OF CREDIBILITY

Third-Party vendors that have earned the TRUSTED or CERTIFIED badge demonstrate strong security best practices and control requirements across 12 Risk Domains and are monitored on a near real time basis thereby significantly reducing risk. They are assessed to international standards such as the NIST, ISO-27001, SOC2 and GDPR.

Awarded to STANDARD subscribers after completion of the Risk and Control Self Assessment (RCSA) and validated by industry certified third-party risk professional

Awarded to PREMIUM subscribers after completion of the Risk and Control Self Assessment (RCSA) and a Controls Audit conducted by a certified third-party risk professional

Benefits to VENDORS and STARTUPS

Shorten your sales cycle and win more deals

  • Get assessed once and share your risk assessment and ratings data with multiple prospects and customers. 
  • Don’t worry if your organization does not have the skills to complete those complex and lengthy vendor risk assessments.
  • Proactively sharing risk assessments improves your chance of getting short-listed in any competitive RFP process.

Improve your Risk Posture

  • Enterprises are increasingly weary of vendors that demonstrate poor risk hygiene. 
  • With OPEN3PRX™, you will have 24×7 monitoring for Cybersecurity, financial health, sanctions, PEP, adverse media and country risks. 
  • Ensuring that your organization has strong mitigating controls will only increase your chances of closing deals faster and becoming a ‘Preferred Vendor Partner’.

Don't chase; Attract customers

  • You can attract customers proving you are secure in addition to your strong capabilities.
  • Being a member of OPEN3PRX™, you will know via alerts when enterprises add you to their portfolio, request your risk data or is checking on your product or service offerings.

Support Sustainability, Diversity & Inclusion

  • Enterprises globally are increasingly focusing on sustainable development and are looking to do business with vendors that support this cause
  • Diversity & Inclusion is another key focus that is triggering a re-balance of the vendor portfolio

How it Works?

1

SIGN-UP

Sign-up and complete a quick Pre Assessment to get a FREE Report

2

SELF-ASSESS

Complete a guided Risk and Control Self Assessment (RCSA)

3

(RE)-CERTIFY

Engage a Certified Risk Audit Firm and attain
'CERTIFIED' badge

4

SHARE

Securely share Risk Assessment data with multiple customers

JOIN OPEN3PRX™ TODAY

Get your Pre-Assessment Report - Receive a FREE REPORT on your company’s risk posture along with recommendations, observations and a consultation with an industry certified risk analyst.
Security and Risk Compliance Policies - Get access to 40+ Information Security Policies and Procedures from our library which can be used to attain your ISO 27001 or SOC2 or simply to demonstrate to your enterprise customer that your organization has policies and procedures implemented.
Know who are your potential customer prospect – Instantly get alerted when an enterprise buyer (procurement, vendor / supplier management, risk analyst) views your company’s profile or adds you to their vendor portfolio for due-diligence.
Take the first step on ESG and Sustainability – Get your organization highlighted to prospective enterprise customers by driving sustainable development goals.

Sign-up for FREE

BASIC

FREE
  • Access to complete a Pre Assessment and generate a Preliminary Risk Report
  • Access to industry experts
  • Access to basic Risk Control Self Assessments (RCSA) template

STANDARD

CONTACT US
  • Everything in BASIC
  • Complete access to  Cybersecurity Maturity Model Certification (CMMC) Self Assessments (Government) and/or a Comprehensive Third-Party Risk Self Assessment (Non-Government)
  • Ability to share self assessed data multiple times 

PREMIUM

CONTACT US
  • Everything in STANDARD
  • Get assessed by Certified Assessors for  Cybersecurity Maturity Model Certification (CMMC) Levels (applies to Organizations Seeking Certifications ) and/or a Comprehensive Third-Party Risk Management 
  • Ability to share certified assessment data to any customer

FEATURES

PRICE / Month (Billed Annually)
  • OPEN3PRX™ Pre Assess
  • Pre-Assessment Report
  • Knowledge Base
  • OPEN3PRX™ RCSA
  • OPEN3PRX™ 'Trusted SEAL'
  • OPEN3PRX™ Controls Audit
  • OPEN3PRX™ 'Certified SEAL'
  • OPEN3PRX™ Secure Share
  • Access to Additional Add-On Assessments
  • Access to Expert Advisors
  • Number of Admin Users
  • Number of Users

BASIC

FREE
  • 1
  • 5

STANDARD

Contact Us
  • 10 Hrs
  • 5
  • 20

PREMIUM

Contact Us
  • 40 Hrs
  • 10
  • 100

FEATURES

PRICE / Month (Billed Annually)
  • Choose a Plan
  • OPEN3PRX™ Pre Assess
  • Pre-Assessment Report
  • Knowledge Base
  • OPEN3PRX™ RCSA
  • OPEN3PRX™ 'Trusted SEAL'
  • OPEN3PRX™ Controls Audit
  • OPEN3PRX™ 'Certified SEAL'
  • OPEN3PRX™ Secure Share
  • Access to Additional Add-On Assessments
  • Access to Expert Advisors
  • Number of Admin Users
  • Number of Users