AI-powered TPRM that watches every vendor, continuously.
A vendor can pass its annual questionnaire in January and suffer an undisclosed breach in March. Covasant TPRM replaces questionnaires and spreadsheets with always-on AI agents that track financial, regulatory, and operational risk across your entire vendor ecosystem.
What is AI-powered TPRM?
Covasant TPRM uses autonomous agents to identify, score, monitor, and escalate third-party risk continuously, instead of relying on annual questionnaires and point-in-time audits. Covasant TPRM combines automated vendor due diligence, dynamic risk scoring, always-on surveillance of external risk signals, and regulatory-grade reporting for frameworks such as DORA, SOX, and NIST. It gives risk, procurement, compliance, and security teams one continuous view of the vendor ecosystem, from onboarding to exit.
Your third parties are your biggest unmanaged risk.
Third parties were involved in 30% of breaches in 2025, double the share of the year before (Verizon DBIR 2025).
Chief Information Security Officer
Vendors self-report. Nobody validates.
Questionnaires are answered. A vendor can report full compliance while running an active, undisclosed breach.
Chief Risk Officer / CPO
Onboarding takes weeks. Risk changes daily.
By the time a vendor is approved, the risk picture is already three weeks old. Financial, regulatory, and operational signals keep arriving between reviews.
Chief Compliance Officer
Regulators want continuous oversight.
DORA, GDPR, SOC 2, and most financial regulations now demand continuous third-party oversight.
From vendor onboarding to
continuous risk intelligence.
Step 01
Onboard and Classify
Configurable due-diligence workflows collect, validate, and score documentation automatically, integrated with Ariba, Coupa & Oracle.
Step 02
Score and Assess
Multi-dimensional scores combining financial health, regulatory, and ESG signals, recalculated continuously.
Step 03
Monitor Continuously
Always-on surveillance across news, sanctions, breach and financial data, alerting the moment a risk profile changes.
Step 04
Escalate and Govern
When thresholds break, agents open remediation workflows, escalate through your governance process, and generate regulatory-grade reporting.
360° continuous coverage of your vendor ecosystem.
Purpose-built agents that specialize in a single risk dimension and collaborate across the portfolio.
Vendor Onboarding
Automated Vendor Onboarding Agent
Configurable due-diligence workflows collect, validate, and score documentation automatically, integrated with SAP Ariba, Coupa, and Oracle.
Risk Scoring
Dynamic Risk Scoring Engine
Composite scores across financial, cyber, regulatory, ESG and operational dimensions, aligned to your risk appetite.
Continuous Monitoring
Continuous Monitoring Agents
Always-on surveillance across news, sanctions, and financial data, with AI filtering, to surface signals relevant to your portfolio.
Risk Insights
AI Risk Insights Engine
Synthesizes intelligence into plain-language narratives and board-ready summaries, with recommended remediation.
Regulatory Reporting
Governance and Reporting Agent
Opens remediation workflows when thresholds break, tracks vendor response, and generates SOX, DORA, and NIST reporting packages, automatically.
70%
Faster vendor onboarding with automated due diligence and intelligent questionnaire generation
Covasant TPRM deployments, 2025-2026
2x
Third-party involvement in breaches doubled in a single year, reaching 30% of all breaches.
Verizon DBIR, 2025
95%
Assessment automation rate. Your team focuses on risk decisions, not data collection.
Covasant customer outcomes, 2025-2026
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 is configured to your specific vendor categories, risk thresholds, and regulatory obligations.
Vendor Onboarding Automation
Vendor onboarding within days instead of 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, and financial data sources. When a vendor’s risk profile changes, your team knows 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. Covasant TPRM'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. Covasant TPRM 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 Covasant TPRM delivers for your vendor risk program.
Your vendor ecosystem, risk appetite, and regulatory obligations are specific to your organization. Covasant TPRM is configured to your vendor categories, risk thresholds, and the regulatory frameworks that your business operates under.
01
Risk Technology and Procurement Operations Teams
Build your own third-party risk intelligence.
Your team has the procurement and risk domain expertise. Covasant TPRM 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
- Agent Observability for continuous portfolio-wide risk visibility
02
CROs, CPOs, and Chief Compliance Officers
Deploy TPRM, configured for your vendor ecosystem and regulatory obligations.
Covasant TPRM 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 to us your vendor risk challenge. We build the TPRM solution for you.
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 a strong 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 is AI-powered Covasant TPRM different from a risk rating service?
Rating services score a vendor’s external security posture and stop there. Covasant TPRM treats those ratings as one signal among many: its agents combine security posture with financial health, regulatory actions, adverse news, and operational indicators, then open remediation workflows and produce the continuous oversight evidence that regulators such as DORA now require. Ratings tell you a score changed. Covasant TPRM tells you what it means for your specific vendor relationship and what to do next.
How does Covasant TPRM 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. Covasant TPRM 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, 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 Covasant TPRM support continuous monitoring requirements for DORA compliance in financial services?
Yes, Covasant TPRM 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 Covasant TPRM 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, 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.
Covasant TPRM
Your vendors are your biggest unmanaged risk. Continuous intelligence changes that.
See how Covasant TPRM 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.