Third-Party Risk Management

Classify, assess, evidence and reassess third parties – including privacy risk and AI-related third-party risk – without spreadsheet chaos.

4.7

★★★★★

G2 · 46+ verified reviews

375+

Customers worldwide

36+

Countries

12+

Privacy regulations & frameworks

TRUSTED BY PRIVACY, RISK AND COMPLIANCE TEAMS

Quick answer

Third-Party Risk Management software, on one page.

Modern Third-Party Risk Management covers far more than vendor security questionnaires. Privacy third-party risk, AI third-party risk and sub-processor cascades all need first-class handling.

PrivIQ’s TPRM is built for this reality. Risk-based classification, structured due diligence, privacy and AI-specific assessments, evidence and remediation – in one configurable platform that scales from 50 to 5,000+ third parties.

Who runs TPRM on PrivIQ

Risk teams. Procurement. Privacy. Security.

TPRM is cross-functional. Procurement owns the relationship; risk owns the classification; privacy owns the data dimension; security owns the technical assessment. PrivIQ is the shared layer.

Risk and compliance teams

Running TPRM as a structured discipline across all third parties - not just IT vendors.

Procurement

Embedding due diligence into the onboarding flow rather than as an afterthought.

Privacy teams

Managing processor and sub-processor oversight under GDPR / POPIA / equivalents.

Security teams

Vendor security questionnaires, certifications, evidence - integrated, not parallel.

Third-party register

Single source of truth for suppliers, processors, service providers, contractors and AI vendors.

Risk-based classification

Tier-1 through tier-3 with appropriate depth at each level.

Due diligence workflows

Questionnaires, evidence collection, gap analysis, sign-off.

Privacy third-party risk

DPA tracking, sub-processor cascades, Transfer Impact Assessments.

AI third-party risk

AI-specific assessments for model providers, AI-enabled SaaS, AI consultants.

Periodic reassessment

Tier-based reassessment cycles run automatically.

How TPRM runs in PrivIQ

Capture once. Review often.

Each step produces evidence that survives the relationship. New people on the team inherit the trail, not a folder of inconsistent spreadsheets.

Capture

Onboarding intake from procurement or business request.

Classify

Risk tier based on data, criticality, geography, AI involvement.

Diligence

Tier-appropriate questionnaires and evidence review.

Review

Gaps documented, remediation requested if needed.

Monitor and reassess

Tier-based reassessment cycles, incident triggers.

Built for both sides

Rated 4.7 on G2.
Read in their words.

375+ teams in 36+ countries use PrivIQ to run privacy, AI governance and risk programmes – from independent DPO consultants to global enterprise compliance teams.

"Perfect support for a complex and high responsibility job"

Ensuring compliance with data Protection laws within organisations is challenging, complex and sometimes frightening when one considers the breadth of scope it demands. I suppose my favourite aspect of PrivIQ is how it simplifies this complexity by laying out very clearly all the items one has to go through, as a DPO, to go from compliance assessment to compliance sustenance including the facilitation of everyday responsibilities like managing DSARs or performing DPIAs.

Jose R.

"Easy to Use Robust Privacy Management Platform"

PrivIQ is an elegant, easy-to-use and robust solution that is well-suited to support organizations in the complex and ever-evolving US data privacy landscape. We needed a platform that could easily tailor and extend to include compliance requirements from various US States, US Federal Laws and regulations and accommodate information security frameworks as well.

Nalini K.

USA

"I use PrivIQ as a privacy advisor to accelerate client success and simplify ongoing compliance"

PrivIQ is an excellent value that is unmatched in the current privacy software marketplace. Overly complex and overpriced tools prevent companies from advancing their compliance programs. PrivIQ is an excellent antidote. It’s very easy to set up and start using right away without a lot of ongoing support. It’s technology that actually makes things easier.

Karen S.

USA

"The DPOs best buddy"

As a DPO, the fact that I get an entire structure to run my compliance and keep it updated with a standardized approach for all of our companies is amazing. The possibility to create all types of users with tailored access to all sections helps me immensely to bring to the compliance process all stakeholders.

Paul G.

"Best Privacy Solution for POPIA and GDPR"

PrivIQ is the only solution that offers a 360 degree of our privacy program. The portal is “self-managing” so it reminds our staff via email notifications to conclude tasks or inform them of new DSAR. Also the standard legal templates available satisfy most of our company requirements without consulting an attorney.

Jason S.

Co-Founder & CEO Khwezi Holdings (Pty) Ltd (EU, Africa)

"A Great Data Privacy Compliance tool"

PriviQ is super easy to use and understand. I have been interacting with the tool for about 2 weeks now and so far I am easily able to navigate around all its functionalities with relative ease and I can easily explain its value to others. I also like that you can track the progress of your compliance at any one point. The customer service is also amazing, very responsive to both new and existing customers. It is also easily adaptable in several regions, like my country Kenya.

Jesse M.

Assure Data CEO Cosmos Trading Co. Ltd. (Africa)

"Seamless approach for Privacy Professional and DPOs alike in setting the scene"

A comprehensive, user-friendly and practical information privacy compliance platform which allows for a systematic approach to the implementation of associated legislation.

Francis Cronje

LLB (PRET (UP)) LLM (OSLO (UiO)) CIPP CIPT (US) – EMEA

"Embeds PoPIA into the business"

PrivIQ comes with a lot of supporting materials, ranging from the predefined queries to the supporting documentation and the user guides – for breach management, for example. PrivIQ allows me to manage privacy for multiple clients simultaneously. Once it has been set up, and the initial compliance assessment has been done, the workflow ensures that PoPIA is not forgotten by the client

Anthony O.

EMEA

"Best Solution For Our Business"

The program is easy to manage and everything we require is easy to obtain and report on. Integrating POPIA into our business has simplified the process and enabled us to keep costs down. Our Compliance Manager manages reports are hassle free.

Lance S.

Assure Data Compliance Manager Pack ‘n Stack (Africa)

"PrivIQ is a stable platform providing clear risk management priorities."

PrivIQ basic prebuilt templates and reports clarify where we need to focus our efforts. PrivIQ assists us in clarifying areas of focus to maintain our Data Privacy tasks and related priorities. PrivIQ also ensures responsible parties retain oversight of functions and the overall status of data privacy projects.

Christo G.

EU, Africa

"Best Compliance App"

I like this solution because it contains the Kenya Data Privacy Act which simplifies the compliance process. It solves issues around the business impact of non compliance with the data laws

Kennedy W.

Africa

"Simple, versatile, cost effective compliance management software"

The software is extremely simple to use but also very comprehensive. The way the tasks module works allows you to customise it to support other aspects of the business. We needed a solution to manage our ongoing data privacy compliance.

Vincent L.

Director Labkru (Asia)

"Simple take on, great support"

Simple, intuitive, Structured, and provides a single platform. Ongoing management privacy tool.

Paul M.

EMEA

"Simple setup, instant buy-in"

I’ve been in the privacy space for years and have used my fair share of governance and compliance tools—most of them either overly complex or ridiculously expensive. PrivIQ has been a refreshing change. What stood out right away was how simple the platform is to set up. Onboarding took a fraction of the time I’ve experienced with other solutions, I was up and running quickly without the usual heavy lift or weeks of training. The UI is clean and intuitive, which makes it much easier to get buy-in from colleagues outside of privacy/legal.

DPO Consultant

USA

G2 Awards · Spring 2026

Services FAQs

What buyers usually ask.

How is this different from a vendor risk tool like OneTrust or Whistic?

PrivIQ handles TPRM with privacy and AI built in, not bolted on as separate modules. The third-party register is shared with privacy (for processor oversight) and AI governance (for AI vendor assessments) - same data, multiple views - rather than parallel platforms.

Can PrivIQ handle AI-specific vendor due diligence?

Yes. AI vendor assessment templates cover model provenance, training data lineage, behavioural testing, hallucination handling, sub-processors and oversight responsibilities - beyond what generic vendor questionnaires capture.

How many third parties can PrivIQ scale to?

PrivIQ scales from 50 to 5,000+ third parties. Mid-tier organisations typically have 200-800 in scope; large enterprises 1,000-5,000+.

What about sub-processor cascades?

Sub-processor traceability is built in - at least one level for most processors, deeper for tier-1 critical processors and for AI vendors (where the underlying model provider is itself material).

Can I import an existing third-party register?

Yes. PrivIQ accepts CSV and Excel imports for third-party registers, with mapping to PrivIQ's standard fields during onboarding.

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