You may have hundreds of vendors. Do you know how many of them had a security incident recently? TPRM platform solves this problem for you.
Sixty percent of data breaches originate from third parties. Yet most enterprises manage hundreds of vendors with spreadsheets, annual questionnaires, and gut instinct. The Covasant TPRM Platform replaces that with continuous AI agent monitoring, dynamic risk scoring, and automated governance across your entire vendor ecosystem.
TPRM // Live Active
847
Vendors Active
12
New Flags
94
% Low Risk
Live Activity
CloudHost Inc — Ransomware incident confirmed
now
Critical
SupplyChain Co — Financial distress signals
2h
High
TechVendor Ltd — SOC 2 renewed, risk improved
5h
Resolved
Logistics Corp — Regulatory action tracked
1d
Monitoring
DataSvc Inc — Questionnaire overdue 14 days
2d
Overdue
Agent Insight: CloudHost Inc breach disclosed affecting financial services sector. 3 of your critical vendors use CloudHost infrastructure. Recommend emergency contact for SLA status and contingency activation. Board notification prepared.
Your third parties are your biggest unmanaged risk.
The majority of enterprise data breaches originate outside your organization. Yet most vendor risk programs are built on annual questionnaires, static spreadsheets, and periodic reviews. That cadence made sense ten years ago. It does not match the threat landscape that you operate in today.
Chief Procurement Officer
Vendor onboarding takes weeks and still misses critical risk signals
Your procurement team collects questionnaires, chases responses, and manually reviews documentation. The process is slow, inconsistent, and incomplete. By the time a vendor is approved, the risk picture is already three weeks old.
Chief Risk Officer
You have a vendor list. You do not have a vendor risk picture.
Annual assessments create a false sense of security. A vendor that passed your assessment in January may have experienced a significant breach, leadership change, or financial deterioration by March. You would not know until your next review cycle.
Chief Compliance Officer
Regulators want continuous oversight. Your program delivers periodic reports.
DORA, GDPR, SOC 2, and most financial regulations demand continuous third-party oversight. Periodic assessments no longer satisfy auditors or regulators who want evidence of real-time monitoring, not past data.
Head of Information Security
Questionnaires are answered, not validated. Vendors self-report with no automated cross-check
Vendors self-report their security posture. There is no automated cross-check against external threat intelligence, breach databases, or financial health signals. A vendor can report full compliance and have an active breach simultaneously.
60%
Of data breaches originate from third parties
CFO / Head of Finance
No financial health monitoring for vendors whose failure would disrupt your operations
A supplier that goes insolvent mid-contract creates operational crises. Financial distress signals appear in credit and news data weeks before insolvency. Manual programs do not track them in real time.
CISO / Supply Chain Security
Supply chain compromise is the second most prevalent attack vector and almost entirely invisible to periodic programs
Supply chain attacks exploit the implicit trust between vendors and their customers. By the time they are discovered, it's too late. Only continuous monitoring of vendor security posture helps proactively detect a supply chain attack.
2nd
Most prevalent enterprise attack vector in 2025
From vendor onboarding
to continuous risk intelligence.
Step 01
Onboard and Classify
Intelligent onboarding agents guide vendors through configurable due diligence workflows, collecting, validating & scoring documentation, without manual coordination. Smart questionnaire generation based on vendor category and risk tier.
Step 02
Score and Assess
Multi-dimensional vendor risk scores incorporating financial health, cyber posture, regulatory compliance, ESG signals & operational dependencies, updated continuously, not on a periodic review schedule.
Step 03
Monitor Continuously
Always-on surveillance agents track vendor signals across news feeds, regulatory databases, cyber threat intelligence & financial data sources, triggering alerts the moment risk changes, not during your next review cycle.
Step 04
Escalate and Govern
When risk thresholds are breached, agents automatically escalate with plain-language risk narratives, remediation recommendations, and regulatory reporting packages. Your team makes decisions, agents handle the intelligence gathering.
Five agents. 360° continuous coverage
of your entire vendor ecosystem.
Covasant TPRM platform deploys purpose-built vendor intelligence agents that operate continuously across your entire supplier ecosystem. Each agent specializes in a different risk dimension. Together they provide comprehensive coverage that no periodic assessment program can match.
Vendor Onboarding
Automated Vendor Onboarding Agent
Intelligent onboarding agents guide vendors through configurable due diligence workflows, collecting, validating, and scoring documentation without manual coordination. Seamlessly integrates with SAP Ariba, Coupa, and Oracle Procurement.
Risk Scoring
Dynamic Risk Scoring Engine
Multi-dimensional vendor risk scores incorporating financial health, cyber posture, regulatory compliance, ESG signals, and operational dependencies, updated continuously. Configurable risk models aligned to your industry & risk appetite.
Continuous Monitoring
Continuous Monitoring Agents
Always-on surveillance across news feeds, regulatory databases, cyber threat intelligence & financial data sources. Real-time adverse news & sanctions screening, cyber breach & vulnerability intelligence, financial distress signals & regulatory action tracking.
Risk Insights
AI Risk Insights Engine
Beyond raw data, reasoning agents synthesize intelligence into plain-language risk narratives, executive summaries, and board-ready reports with recommended actions. Provides prescriptive remediation recommendations per vendor. Portfolio-level risk concentration and dependency analysis.
Regulatory Reporting
Regulatory Reporting Agent
Generates regulatory reporting packages for SOX, DORA, and NIST automatically. Maintains audit trails of all vendor risk decisions. Produces the continuous oversight evidence that regulators now expect from mature third-party risk programs.
Vendor Remediation
Vendor Remediation Workflow Agent
When risk thresholds are breached, agents automatically generate remediation workflows, track vendor response, and escalate unresolved issues through your governance process. Vendor accountability without manual coordination overhead.
70%
Faster vendor onboarding with automated due diligence and intelligent questionnaire generation
TPRM Deployment Data, 2024
60%
Of data breaches originate from third parties, the most common source of enterprise risk exposure
Verizon DBIR, 2025
95%
Assessment automation rate. Your team focuses on risk decisions, not data collection.
Customer Outcomes, 2024
48hrs
Risk escalation response time from signal detection to actionable intelligence reaching your team
TPRM Performance Benchmarking
Complete coverage of your vendor
ecosystem from onboarding to exit.
Covasant TPRM platform is configured to your specific vendor categories, risk thresholds, and regulatory obligations. Whether you manage 50 critical suppliers or 5,000 vendor relationships, the agents in the platform provide consistent, continuous coverage.
Vendor Onboarding Automation
Vendor onboarding within days, not weeks; with consistent due diligence at every tier
Intelligent onboarding agents guide every vendor through the appropriate due diligence workflow based on their category and risk tier. Documentation is collected, validated, and scored automatically. Seamless integration with your existing procurement systems means no manual handoffs between systems.
CPOs and Procurement Teams
Continuous Risk Monitoring
Vendor risk posture monitored continuously, updated the moment risk changes, not at your next review cycle
Always-on surveillance agents track your vendor ecosystem across news feeds, regulatory databases, cyber threat intelligence, and financial data sources. When a vendor's risk profile changes, you get to know immediately!
CROs and Chief Information Security Officers
Financial Health Intelligence
Detect vendor financial distress weeks before it becomes an operational crisis
Financial distress signals, such as credit deterioration, leadership changes, regulatory actions, and adverse news, appear in data weeks before they become public. The TPRM platform's financial monitoring agents surface those signals in time for your procurement team to develop contingency plans before disruption occurs.
CFOs and Supply Chain Leaders
Regulatory Compliance Reporting
Produce the continuous oversight evidence that DORA, GDPR, and financial sector regulations now demand
Regulators across financial services, healthcare, and critical infrastructure now expect evidence of continuous third-party oversight, not an annual questionnaire and a periodic report. The TPRM platform produces the continuous monitoring documentation that complies with modern regulatory expectations.
CCOs and Compliance Teams
Connects to the systems that you already run.
Procurement Integration
Spend Management
ERP and Procurement
Financial Intelligence
Cyber Risk Ratings
Regulatory Frameworks
Three ways in which our TPRM platform delivers for your vendor risk program.
Your vendor ecosystem, risk appetite, and regulatory obligations are specific to your organization. TPRM is configured to your vendor categories, risk thresholds, and the regulatory frameworks that your business operates under, not a generic template.
01
Risk Technology and Procurement Operations Teams
Build your own third-party risk intelligence platform on CAMS.
Your team has the procurement and risk domain expertise. The Covasant Agent Management Suite (CAMS) provides the agent infrastructure. Build vendor risk intelligence specific to your vendor categories, risk thresholds, and governance processes.
- Agent Studio for custom vendor risk workflow automation
- Pre-built connectors to SAP Ariba, Coupa, Oracle, and major procurement platforms
- AgentEval to validate risk scoring models before live deployment
- Agent Registry with governance guardrails for every risk agent
- AI Agent Control Tower for continuous portfolio-wide risk visibility
02
CROs, CPOs, and Chief Compliance Officers
Deploy TPRM, configured for your vendor ecosystem and regulatory obligations.
The TPRM platform is production-ready. We configure it for your specific vendor categories, risk models, and regulatory frameworks. We connect it to your procurement systems and integrate the monitoring into your existing governance workflows.
- Vendor category configuration aligned to your procurement taxonomy
- Risk model calibration for your industry and regulatory environment
- Procurement system integration with your existing AP and ERP platforms
- Regulatory reporting configured for DORA, SOC 2, and applicable frameworks & regulations
- Continuous monitoring configured for your highest-risk vendor categories
03
Board Leaders and Executives with a Specific Vendor Risk Challenge
Bring us your vendor risk challenge. We build the solution on CAMS.
A custom supply chain risk intelligence platform, a critical vendor financial health monitoring system, a regulatory reporting product for DORA compliance. You bring the domain knowledge. We build the agentic solution, governed and auditable from day one.
- Vendor risk architecture design with your risk and compliance leadership
- Rapid build using CAMS as the development foundation
- Integration with your existing vendor management and GRC systems
- Custom risk scoring models aligned to your risk appetite
- Deployment, validation, and ongoing portfolio risk monitoring
Questions vendor risk leaders ask us
If your question is not here, our team will answer it directly.
Talk to a Specialist →How does the TPRM platform handle vendors who are slow to respond to due diligence requests?
The Automated Onboarding Agent uses intelligent follow-up workflows that automatically re-send requests, escalate to vendor management contacts, and flag unresponsive vendors for manual intervention. The platform tracks response timelines and incorporates responsiveness into the vendor's overall risk score. Vendors who are consistently slow to respond to due diligence are treated as higher risk. Their behavior is a risk signal in itself.
How does the dynamic risk scoring system handle vendors that operate across multiple risk categories?
The Dynamic Risk Scoring Engine maintains separate sub-scores for financial health, cyber posture, regulatory compliance, ESG signals, and operational dependencies, combining them into a composite risk score using a configurable weighting model aligned to your risk appetite. For vendors that are critical in one dimension but weaker in another, the engine surfaces the specific sub-score driving the composite score so your risk team can make an informed decision about the relationship.
Can the TPRM platform support continuous monitoring requirements for DORA compliance in financial services?
Yes. The Third Party Risk Management platform is specifically designed to produce the continuous third-party oversight documentation that DORA and similar financial sector regulations now require. The Regulatory Reporting Agent generates the specific documentation packages that DORA requires for critical ICT service providers, including ongoing monitoring evidence, concentration risk analysis, and exit strategy documentation. Many financial services customers use TPRM as their primary DORA third-party compliance tool.
How does the TPRM platform identify emerging vendor risks before they become material?
The Continuous Monitoring Agents track a broad range of leading indicators for vendor risk, including adverse news coverage, regulatory actions against the vendor or its sector, cyber breach and vulnerability disclosures, financial filing anomalies, leadership changes, and customer review patterns. These signals are processed through the AI Risk Insights Engine, which distinguishes noise from genuine risk indicators and surfaces only the signals that warrant your team's attention, with context explaining why the signal is relevant to your specific vendor relationship.
What is the typical timeline from engagement start to continuous monitoring going live?
For organizations with standard procurement infrastructure, the initial vendor portfolio ingestion and risk scoring capability is live within three to four weeks of engagement start. The full continuous monitoring capability, including all signal sources and automated escalation workflows, is typically operational within six to eight weeks. Organizations with existing SAP Ariba or Coupa deployments benefit from pre-built connectors that significantly reduce the integration timeline.
TPRM Platform · Built on CAMS by Covasant
Your vendors are your biggest unmanaged risk. Continuous intelligence changes that permanently.
See how the TPRM platform replaces periodic vendor assessments with continuous AI agent monitoring, dynamic risk scoring, and automated governance across your entire supplier ecosystem. A demo built around your specific vendor portfolio and regulatory environment.