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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 Risk Ledger?

Clients are equipped with all the necessary resources to implement a comprehensive, cyber-security-focused third-party risk management strategy across their entire supply chain. Engaging third parties is quick, effortless, cost-free, and straightforward, enabling clients to enhance their risk management capabilities. Our innovative secure network model empowers each organization to effectively manage their third-party risk programs while addressing client risk assessments, fostering trust between the entities involved on the platform. Those utilizing the Risk Ledger platform for their third-party risk management initiatives can experience a range of advantages, including: - Ongoing surveillance of the supply chain to ensure risk controls are enacted - Enhanced visibility extending to fourth, fifth, and sixth parties - Streamlined procurement processes, potentially shortening cycles by up to 80% - Greater levels of engagement from suppliers - Minimal costs incurred per supplier, making the approach economically viable. As a result, organizations not only strengthen their risk management practices but also build more resilient relationships within their supply chains.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Phinity Risk Solutions

Company Location

Ireland

Company Website

www.phinityrisk.com/triplicity/

Company Facts

Organization Name

Risk Ledger

Date Founded

2017

Company Location

United Kingdom

Company Website

riskledger.com

Categories and Features

Risk Management

Alerts/Notifications
Auditing
Business Process Control
Compliance Management
Corrective Actions (CAPA)
Dashboard
Exceptions Management
IT Risk Management
Internal Controls Management
Legal Risk Management
Mobile Access
Operational Risk Management
Predictive Analytics
Reputation Risk Management
Response Management
Risk Assessment

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