Vendor Risk Overview reports — Legacy view
The Vendor Risk Overview page is replaced by the third-party risk reports on the Vendor Management Workspace.
Viewing the reports
To open the Vendor Risk Overview, navigate to All > Third-party Risk Management > Overview. The page displays reports that provide insights into your third-party risk management program. The
The more complete IRQ process replaces tiering
In the TPRM application, the IRQ is an internal questionnaire that improves the original tiering assessment process. IRQs enhance internal risk assessments with increased flexibility, control, and scalability. Unlike a tiering assessment where external questionnaires are determined solely by the risk tier, an IRQ can dynamically trigger external questionnaires based on both respondents' answers and risk tier.
To enable a seamless transition to TPRM, you have the option to duplicate existing tiering assessments and designate them as IRQ internal assessments. Risk tiering is supported as an unchanging legacy process.
Vendor Risk Overview — Vendor tab
Vendor Risk Overview showing Vendor reports.
| Report | Description |
|---|---|
| Total Vendors | Total number of third parties. |
| Open Tiering Assessments | Number of third parties with active tiering assessments open. |
| Open Risk Assessments | Number of third parties with active risk assessments open. |
| Past Tiering Assessments | Number of third parties that have not completed the tiering assessment within the assessment time frame. |
| Tier-Recommended Risk Assessments | Number of third parties performing risk assessments based on tiering. |
| Vendor Classification by Tier | Donut report showing the number of third parties assigned to each risk tier. |
| Vendors Performing Risk Assessment Based on Tiering | Number of third parties with active tiering-based risk assessments sorted by third-party risk. |
| Open Issues by Priority | All third-party risk open issues sorted by priority. |
| Vendors by Risk Rating | Number of third parties sorted by risk rating. |
| Upcoming Vendor Risk Assessments | Number of third-party risk assessments scheduled. |
| Vendor-related Policy Exceptions | All policy exceptions generated from third-party risk issues. |
Vendor Risk Overview — Engagement tab
Vendor Risk Overview — Engagement tab.
| Report | Description |
|---|---|
| Total Engagements | Total number of engagements. |
| Open Tiering Assessments | Number of engagements with active tiering assessments open. |
| Open Risk Assessments | Number of engagements with active risk assessments open. |
| Past Tiering Assessments | Number of engagements that have not completed the tiering assessment within the assessment time frame. |
| Past Risk Assessments | Number of engagements with active tiering-based risk assessments. |
| Engagements Classification by Tier | Donut report showing the number of engagements assigned to each tier. |
| Engagements by Type | Number of engagements of each type. |
| Open Issues by Priority | All engagement open issues sorted by priority. |
| Engagements by Risk Rating | Number of engagements sorted by risk rating. |
Important: Starting with version 18.1.3 of Third-party Risk Management the Vendor Risk Overview dashboard is deprecated. If Third-party Risk Management was installed prior to 18.1.3 the Vendor Risk overview dashboard is still available for your use.
Parent Topic:Third-party Risk Management reference