4th Parties

4th party Detection

The platform automatically analyses vendor-submitted documents to extract references to third-party service providers engaged by the vendor. This feature provides full transparency into the vendor’s extended ecosystem by highlighting:

• Third Parties in Use – Identified directly from vendor documents with proper citation.
• Category – Classification of the third party (e.g., cloud service provider, payment processor, IT support).
• Purpose – The role or function the third party serves in the vendor’s operations.
• Sensitivity – The level of data sensitivity associated with the third party’s services.

This enables organizations to evaluate not only vendor risks but also the broader fourth-party risk exposure.