Risk Ledger
Collaborative third-party risk platform where suppliers share security profiles and financial firms monitor their supply chain.
Overview
Risk Ledger runs a third-party risk management platform organized as a network: suppliers maintain a security profile once and share it with the organizations they serve, which replaces repeated point-in-time questionnaires. Its financial services material addresses banks, investment firms, payment institutions and electronic money institutions that outsource cloud and other ICT services under DORA and EBA outsourcing expectations.
Clients receive an activity feed of changes suppliers make to their security practices, can tag critical ICT suppliers and report on them, and see a live network graph showing connections beyond direct suppliers into fourth parties and further. The company is based in London.
Key Features
- + Shared supplier security profiles
- + Continuous supplier activity monitoring
- + Supply chain network mapping
- + Critical ICT supplier reporting