Manage third-party classification, due diligence, privacy risk, AI-related third-party risk, evidence, remediation and ongoing oversight in one structured platform.
What the programme covers
Third-party register & classification
Suppliers, processors, contractors, AI vendors — classified by risk tier
Due diligence questionnaires
Structured questionnaires, evidence collection, review outcomes
Privacy & AI third-party risk
Assess third parties that process personal data or use AI
Contracts & evidence
Documentation, supporting files and review records per party
Remediation & periodic review
Assign actions, track progress, reassess on schedule
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TPRM modules
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Lifecycle steps
Audit-ready evidence
What is Third-Party Risk Management software?
Third-Party Risk Management software helps organisations identify, assess and monitor risks linked to suppliers, processors, service providers, contractors and other external parties.
PrivIQ supports third-party oversight through classification, due diligence, privacy risk, AI risk, evidence tracking, remediation and periodic review.
What PrivIQ helps you manage
One register, one classification model, evidence in one place. Privacy and AI third-party risk handled as core concerns, not add-ons.
Maintain a structured record of suppliers, processors, service providers, contractors and other third parties.
Classify third parties by data access, operational importance, service type, geography and AI involvement.
Questionnaires, evidence collection, review outcomes and required follow-up actions.
Assess third parties that process personal information and maintain evidence of privacy oversight.
Assess AI-enabled third parties, AI SaaS platforms, AI consultants and AI service providers.
Track contracts, documentation, supporting evidence and review records.
Assign actions, track progress and reassess third parties periodically.
The third-party lifecycle
Each step produces evidence that survives the relationship. New people on the team inherit the trail, not a folder of inconsistent spreadsheets.
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Customer proof
375+ teams in 36+ countries use PrivIQ to run privacy, AI governance and risk programmes — from independent DPO consultants to global enterprise compliance teams.
Awards · Spring 2026
Best Software 2026 | Momentum Leader – GRC | High Performer – EMEA · Asia
TPRM FAQ
The process of identifying, assessing and monitoring risks created by suppliers, processors, service providers, contractors and other external parties.
Yes. PrivIQ supports due diligence questionnaires, evidence collection, risk classification, review outcomes and remediation tracking.
Yes. Assess third parties that process personal information and maintain evidence of oversight.
Yes. Assess AI-enabled third parties, AI SaaS platforms, AI consultants and AI service providers.
Yes. Consultants can deliver third-party risk management programmes for clients on a multi-tenant platform.
Risk Assessments
In TPRM, Risk Assessments cover cyber and information security, privacy and regulatory non-compliance, AI system failure and bias, supply chain disruption, ESG governance, vendor insolvency and sector-specific mandate breach — plus any custom vendor scenario you need. Stages, sections, questions, check-lists with risk scoring, and threat analyses on a 5×5 grid. Each stage assignable to a different person, including the third party themselves. Scores roll up to the assessment, then to the Risk Register dashboard.
Get started
Watch the TPRM demo, book a walkthrough, or talk to us about an AI vendor due diligence assessment.
