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Navex Global Riskrate

Navex Global Riskrate is a third-party risk management solution that helps organizations assess, monitor, and mitigate risks associated with their business partners. It provides automated due diligence, continuous monitoring, and risk scoring to ensure compliance with regulatory requirements and to protect against potential threats.

Howdy Network Rank#61

Top 5*

Compliance

30.2%Diligent Compliance

19.8%Compliancemate

12.1%Compliancequest

10.7%Vcomply

9.3%Oracle Risk Management Cloud

17.8%Others

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About Navex Global Riskrate

Navex Global Riskrate was developed as part of Navex Global's suite of compliance and risk management solutions. It was designed to help organizations manage third-party risks by providing automated due diligence, continuous monitoring, and risk scoring. The tool aimed to ensure regulatory compliance and safeguard against potential threats in business partnerships.

Navex Global Riskrate's strengths include automated due diligence, continuous monitoring, and comprehensive risk scoring. Weaknesses may involve integration challenges and potential high costs. Competitors include MetricStream, RSA Archer, and ProcessUnity.