Managed Third-Party Risk
Trusted Third-Party Risk Management And Vendor Assessment
Our managed third-party risk services provide comprehensive, automated assessments of third parties to ensure compliance, mitigate cyber risks, and enable responsible oversight. Partner with us for a customized third-party risk management program that reduces compliance burdens and provides assurance that your vendors meet standards for security, privacy, and more.
Information Hub
Beaconer collaborates with vendors to populate and maintain our information hub.
Customer requests assessment
Customer can seamlessly trigger assessment utilizing our convenient customer-requested pre-assessment functionality.
Beaconer conducts the assessment
Beaconer AI retrieves requests and gathers relevant details from the information hub, ensuring comprehensive and prompt completion of vendor risk assessments.
Assessment review-perfection achieved!
Our CISSP certified assessors rigorously scrutinize each assessment round, guaranteeing unrivaled quality and accuracy.
Customer dashboard receives report
Track your assessment progress and remediation activities effortlessly in your personalized dashboard. Stay in control as our system provides you with real-time updates and comprehensive visibility for all your assessments.
Extended support & monitoring
We provide extensive support throughout the remediation phase, ensuring your success every step of the way.
Our customized managed services take third-party risk assessments to new heights. We surpass reliance on existing reports with individual assessments for every request.
Risk assessments
Beaconer's platform streamlines risk assessment for faster risk reduction and compliance, combining automated assessments and continuous monitoring.
Realtime updated information hub
Access a real-time updated information hub, providing the latest and most relevant data at your fingertips. Stay informed and make informed decisions with ease.
Customized assessments for your scope
Receive tailored assessments specifically designed to match your unique scope and requirements. We customize our approach to ensure accuracy and relevance.
Ongoing vendor posture monitoring
Benefit from continuous monitoring of vendor posture, ensuring you stay informed about their security status and performance in real-time.
Benefits of Managed Third-Party Risk
- Beaconer can handle the complexities of third-party risk management, so you can focus on your core business objectives and achieve sustainable growth.
- Our expert team and cutting-edge technology can help you maximize efficiency, strengthen vendor relationships, and safeguard your business reputation.
- Our comprehensive solutions can help you experience enhanced risk mitigation, streamlined processes, and improved compliance.
Exceptional customer experiences - that's what we strive for..
Beaconer provided us with exceptional service in third-party risk management. Their advanced tools and machine learning platform has helped us streamline our assessment process and reduce costs, while also improving our results.
Parth Jaghir
Chief Operating Officer
FAQs
Third-party risk management is the process of identifying and mitigating risks associated with the vendors and suppliers you rely on. It's essential because it helps protect your data, operations, and reputation from potential threats that can arise from these relationships.
Beaconer managed third-party risk service model help businesses with number of benefits, including: Reduced costs, Reduced delays, Tailored assessment, Complimentary threat intelligence platform, 24/7 support & Easy integration.
Beaconer differentiates itself from other similar platforms in the market through its unique selling points and managed service approach. Unlike its competitors who provide a Software-as-a-Service (SaaS) platform for downloading assessment reports, Beaconer offers a comprehensive managed service for third-party risk management (TPRM). Managed services are a superior choice for TPRM due to the dynamic nature of today's business environment. As companies increasingly rely on third-party entities for critical services and access to sensitive data, the associated risks become more complex to mitigate.
Our unique AI technology for third-party risk management can benefit organizations in a variety of industries, but it is particularly well-suited for those that rely heavily on third-party vendors, suppliers, contractors, and service providers. These industries include: Banking, Capital markets, Communication, Media & Technology, Healthcare, Information Services & Life Sciences.
In addition to these industries, our AI technology can also be beneficial for organizations in other sectors, such as retail, manufacturing, and government
We have a dedicated team that constantly monitors industry and regional regulations. We keep our clients informed and ensure our services align with the latest compliance requirements.
Beaconer has developed an AI-powered solution that automates the third-party vendor assessment process. This solution eliminates the need for lengthy questionnaires and manual data entry, saving businesses considerable time and effort. The solution works by first having the third party upload relevant documents to Beaconer's platform. The AI then reads and extracts the required information from these documents, facilitating a comprehensive assessment. The results of the assessment are then made available to the business in a clear and concise format.
You can get started by reaching out to our team through our website or contacting us directly. We'll work with you to understand your specific needs and tailor our services to your requirements.
