
Smarter Management of
Third-Party Risks
Bring clarity to third-party risk management
with AI-powered insights
Trusted by Leaders




Testimonials

I needed a cost-effective transaction monitoring tool which would identify high-risk transactions, flag potential control weaknesses, improve over time through machine learning, reduce the number of false positives reviewed by the compliance team and be user-friendly in terms of configuration and visualization. konaAI delivers on all counts, and I was very pleased with the choice we made.
Amay Sharma
CEO, Unblast
Driving Success Through
Strategic Partnerships




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Advanced Third-Party Risk Management: Continuous, AI-Driven, and Built for Resilience
Your business is only as secure as your most vulnerable third-party vendor. With nearly half of all data breaches in 2024 involving third parties, the third-party risk landscape is more complex and regulated than ever. We transform third-party risk management with an AI-native, policy-aware architecture that delivers continuous oversight. From onboarding to ongoing monitoring, we provide automation, real-time insights, and actionable intelligence across your third-party vendor ecosystem, helping you embed risk management into the core of your business.
Key Capabilities
AI at the core
layer
Leverages machine learning and behavioral modeling to surface hidden risk signals in real time
Complaint and Audit‑Ready
Supports evolving regulations across industries globally
Secure and Integration‑Ready
Built on modern architecture with robust API-driven integrations
Real‑Time Risk Visibility
Receive instant alerts on cybersecurity threats, compliance gaps, and performance issues.

Proactive Risk Intelligence
Detect early warning signals with AI‑driven pattern recognition alerts
Automation‑First Efficiency
Reduce manual effort through intelligent workflows and automated risk scoring

Delivering Continuous Oversight & Rapid Response
Our Third-Party Risk Management platform provides continuous oversight and rapid response across the entire vendor lifecycle. It integrates risk signals from internal systems, external data sources, contracts, and assessments, providing teams with the insights to act quickly, preventing risks from escalating. From onboarding to offboarding, from compliance monitoring to cyber due diligence, the platform enables unified management with reduced manual effort, improving your risk posture.
Key Capabilities

Vendor 360
A single, contextual view of each third party—integrating risk scores, contractual obligations, performance metrics, and compliance status for accelerated decision-making
Fraud detection
Detect anomalies across vendor transactions and payment flows using behavior-based analytics to protect your bottom line
Policy Controls
Identify and flag risky third-party engagements that may violate global anti-corruption laws like FCPA or UKBA, safeguarding your reputation
Contract Monitoring
Monitor adherence to commercial terms, legal clauses, and billing integrity to prevent false claims and regulatory violations
Cyber Risk Surveillance
Continuously assess and monitor third-party security posture, leveraging external threat intelligence and internal control mappings to strengthen your security
Compliance Monitoring
Automate compliance tracking across ESG, sanctions, industry regulations, and SLA violations, ensuring continuous adherence
Frequently Asked Questions
Is Covasant’s TPRM platform different from GRC or procurement tools?
Yes. Covasant is purpose-built for third-party risk—providing deeper analytics, contextual intelligence, and lifecycle automation that GRC or ERP add-ons cannot offer.
How quickly can we implement it?
With prebuilt templates and configurable workflows, most customers are live in weeks.
Does the platform support continuous monitoring?
Absolutely. Risk signals are ingested and updated continuously across cyber, compliance, financial, and behavioral domains.
Can it integrate with our existing tools?
Yes. Covasant integrates with procurement systems, ERP platforms, GRC tools, ticketing systems, and external risk feeds.
Is it suitable for global, multi-entity organizations?
Yes. The platform supports complex operating structures, multilingual environments, and regulatory jurisdictions.