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RiskWatch Vendor Risk Management

RiskWatch Vendor Risk Management helps organizations identify, assess, monitor, and report risks from vendors and other third parties.

Place
#4 of 31
Score
6.6
RiskWatch Vendor Risk Management's website

What RiskWatch Vendor Risk Management is

RiskWatch Vendor Risk Management helps organizations identify, assess, monitor, and report risks from vendors and other third parties. It automatically assigns vendors to Tier 1, Tier 2, or Tier 3, using those tiers to determine questionnaire depth and reassessment timing. Teams can choose pre-built SIG, CAIQ, and NIST 800-161 questionnaires or upload their own. Vendors can respond through a portal and attach SOC 2 reports; the parser extracts criteria, exceptions, CUECs, and gap findings from Type 1 and Type 2 reports and maps them to a customer’s control library.

Scoring covers cybersecurity, compliance, physical, financial, operational, reputational, strategic, and fourth-party risk. Monitoring integrations include BitSight, SecurityScorecard, sanctions watchlists, news feeds, and breach databases. Reports include vendor scorecards, portfolio rollups, and regulatory exam packs, with PDF and Excel exports. The product maps numerous standards and regulations, including ISO 27036, DORA, HIPAA, PCI DSS, and SOC 2. It is available on Android, iOS, web, API, and self-hosted deployments. Pricing is on request; there is no free plan, but a 7-day trial requires no credit card.

Good

  • Automatic vendor tiering sets review depth and cadence
  • Pre-built and customer-uploaded questionnaires
  • SOC 2 report parsing maps findings to controls
  • Monitoring integrations include breach databases and watchlists
  • Exports include PDF and Excel reports

Watch out

  • No free plan
  • Pricing is available on request
  • Free trial lasts 7 days

Who it suits

It suits teams managing vendor-risk programs, particularly the small, mid-market, and enterprise or multi-entity teams RiskWatch identifies as intended users. Buyers can review whether its questionnaire, monitoring, reporting, and framework-mapping features match their process.

Verdict

RiskWatch combines questionnaire-based assessments with vendor tiering, report parsing, monitoring, and portfolio reporting. The 7-day trial offers access to core features, while purchase pricing requires a quote.

Plans and prices

From RiskWatch Vendor Risk Management's own pricing page, checked 7 Oct 2026.

All about pricing
PlanPriceWhat it gives you
EnterprisePriced on request50+ users · 10+ frameworks · multi-entity · cloud, on-premise, hybrid, or air-gapped · 12-month contract assumed; quote only
GrowthPriced on request15–50 users · 5–10 frameworks · cloud or hybrid · shared white-glove implementation · 12-month contract assumed; quote only
StarterPriced on request5–15 users · up to 3 frameworks · cloud · self-serve onboarding · 12-month contract assumed; quote only

The facts

Each one read from RiskWatch Vendor Risk Management's own pages, with the date it was checked.

The company

Founded
1993checked 28 Sep 2026
Headquarters
Sarasota, Florida, United Stateschecked 28 Sep 2026

What it does

Intended users
The maker describes teams managing 200–2,000 vendors and presents reference tiers for small teams, mid-market teams, and enterprise or multi-entity programs.checked 7 Oct 2026
Monitoring integrations
The product says it integrates with BitSight, SecurityScorecard, sanctions watchlists, news-monitoring feeds, and breach databases for continuous monitoring.checked 7 Oct 2026
Pricing model
RiskWatch says it does not publish list prices and provides custom quotes based on factors such as team size, frameworks, deployment, and integrations.checked 7 Oct 2026
Purpose
RiskWatch helps organizations identify, assess, monitor, and report risks introduced by vendors and other third parties.checked 7 Oct 2026
Questionnaires
Pre-built questionnaire libraries include SIG, CAIQ, and NIST 800-161, and customers can upload custom questionnaires.checked 7 Oct 2026
Reports
Risk reports include per-vendor scorecards, portfolio rollups, and regulatory exam packs, with PDF and Excel exports.checked 7 Oct 2026
Risk coverage
Vendor scoring covers eight categories: cybersecurity, compliance, physical, financial, operational, reputational, strategic, and fourth-party risk.checked 7 Oct 2026
Risk tiering
The platform automatically classifies vendors into Tier 1, Tier 2, or Tier 3 and uses the tier to set questionnaire depth and reassessment cadence.checked 7 Oct 2026
Security
RiskWatch states that its platform is audited under SOC 2 Type II and ISO/IEC 27001:2022, encrypts data in transit and at rest, and segments data by tenant.checked 7 Oct 2026
Security controls
The security page specifies TLS 1.3 in transit, AES-256 at rest, SAML 2.0 SSO, MFA, and role-based access controls.checked 7 Oct 2026
SOC 2 analysis
The SOC 2 parser extracts criteria, exceptions, CUECs, and gap findings from Type 1 and Type 2 reports and maps findings to the customer’s control library.checked 7 Oct 2026
Supported frameworks
The product lists mappings for standards and regulations including SIG, CAIQ, NIST 800-161, ISO 27036, FFIEC IT, OCC 2013-29, EBA Outsourcing, NYDFS 500, DORA, HIPAA, PCI DSS, and SOC 2.checked 7 Oct 2026
Support tiers
The quote page lists Starter support as email with next-business-day response, Growth as email and chat with a 4-hour SLA, and Enterprise as email, chat, and phone with a 1-hour SLA.checked 7 Oct 2026
Vendor workflow
Vendors can respond through a portal by completing questionnaires and attaching SOC 2 reports.checked 7 Oct 2026

Money

Trial
The 7-day free trial requires no credit card and includes access to questionnaire libraries, SOC 2 parsing, auto-tiering, monitoring previews, and eight-category scoring.checked 7 Oct 2026

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