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What is Triplicity?

With Triplicity's innovative cloud platform, you can significantly enhance your third-party risk management workflows with ease. Our specialized tool for third-party risk management ensures that your organization not only identifies but also effectively addresses risks linked to external suppliers through a strategy centered on risk assessment. By automating a variety of processes, Triplicity greatly reduces your vulnerability to risks while fostering stronger partnerships with vital third-party collaborators. You have the ability to assess and categorize your third-party vendors based on multiple factors, including risk severity, type, business sector, or their compliance with contractual obligations. To maintain reliability and mitigate risks, it is crucial to engage only with partners who meet rigorous industry standards. Moreover, you can boost your operational efficiency by simultaneously conducting thousands of evaluations of third parties, guaranteeing comprehensive assessments of all vendors involved. Triplicity distinguishes itself as a unique IT Vendor Risk Management (IVRM) solution by starting the evaluation process with a detailed profiling of each third-party entity to determine their specific risk level in relation to your organization. This personalized method not only provides deeper insights into possible weaknesses but also promotes informed and strategic decision-making in managing third-party connections, ultimately leading to more secure and productive collaborations. Additionally, Triplicity empowers organizations to proactively adapt their vendor management strategies in response to the ever-evolving risk landscape.

What is HITRUST Assessment XChange?

The HITRUST XChange Manager serves as an innovative online platform that promotes seamless collaboration in real-time among organizations and their entire supply chain, enabling effective management of risk assurance information sharing as well as ongoing oversight of third-party risks. This distinctive portal is both modular and all-encompassing, incorporating the crucial elements of people, processes, and technology. By utilizing the HITRUST third-party risk management methodology, you can enhance your decision-making regarding risk. Additionally, the HITRUST AssessmentXChange acts as a valuable extension of your third-party risk management strategy. The XChange team is dedicated to simplifying and optimizing the workflow associated with managing compliance information and conducting risk assessments for third parties. It is essential to engage with third parties efficiently and to pinpoint the individuals tasked with answering requests for compliance details and risk evaluations. Ultimately, this approach not only fosters better communication but also strengthens overall risk management practices.

Media

Media

Integrations Supported

Integrations Supported

ASCENT Security and Compliance Portal
HITRUST MyCSF

API Availability

API Availability

Pricing Information

Pricing not provided
Free Trial Offered?

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training

Training Options

Documentation Hub
Webinars

Company Facts

Organization Name

Phinity Risk Solutions

Company Location

Ireland

Company Website

www.phinityrisk.com/triplicity/

Company Facts

Organization Name

HITRUST Assessment Exchange

Date Founded

2017

Company Location

United States

Company Website

hitrustalliance.net/hitrust-assessment-xchange

Categories and Features

Categories and Features

Risk Management

Not specified

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