RiskWatch Vendor Risk Management
6.6#4 in third-party risk management softwareAndroidiOSWebAPI
Visit| Fact | RiskWatch Vendor Risk Management | Smarsh Vendor Risk Management |
|---|---|---|
| Founded | 1993 | 2001 |
| Headquarters | Sarasota, Florida, United States | Portland, Oregon, United States |
| Purpose | RiskWatch helps organizations identify, assess, monitor, and report risks introduced by vendors and other third parties. | Smarsh Vendor Risk Management automates and simplifies third-party risk evaluation and management to help organizations meet regulatory requirements and mitigate risk. |
| 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. | Smarsh says its security model includes encryption in transit and at rest, single sign-on and multi-factor identification, vulnerability monitoring, and independent penetration testing. |
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.
This platform suits organizations that need structured third-party assessments, ongoing vendor monitoring, and documented remediation. It may also fit teams that want vendor risk reporting and a centralized registry.