Understand supply chain and nth party risk
Uncover your hidden nth-party dependencies, track changing supplier relationships, and identify concentration risks — at-a-glance.
Visualise entire network
- Map your supply chain. See your entire ecosystem on an ever-growing and living network map, which includes 16,000+ organisations and 33,000+ connections.
- Visualise nth-party risk. See risks posed by opaque deep-tier suppliers that you may not have been aware of otherwise.
- Identify concentration risk. Identify critical suppliers that pose higher concentration risks if things go wrong and use this to build resilience action plans.
Monitor changing risks in real-time
- View a living network. Access an expanding database of interconnected organisations as new suppliers join.
- Stay alert to changes. Receive updates as suppliers update security profiles (i.e. due to sanctions or policy changes) and simulate how they impact you.
- Track new risks. Quickly assess if new risks impact you or your critical suppliers, and have all the security data at hand to respond with confidence.
Take proactive remediation efforts
- Improve decision-making. Better understand concentration risks to decide which suppliers to onboard or de-risk and how to allocate resources.
- Increase collaboration. Share risk visualisations with the board, security, legal, and procurement teams to get cross-departmental input on mitigation.
- Reduce vulnerabilities. Create a heatmap of supplier risk to quickly identify high-risk areas and focus remediation efforts effectively.
NHS Test & Trace
“Risk Ledger provides us with a more holistic, real time view of our complex supply chain, helping to identify and remediate potential vulnerabilities and issues early. Having confidence in the management of supply chain risk through Risk Ledger allowed us to achieve a better security posture but with less demand and resource.”
Key Metrics
- 33,000+ Connections on Risk Ledger platform
- 95% visibility of its 200 suppliers
- 2x Doubled Apollo’s supplier coverage in two weeks from 30 to 60+
Frequently asked questions
How can I use Risk Ledger to report internally (to risk committees e.g.) or externally (to auditors like for ISO)?
Risk Ledger gives you instant access to up-to-date information on all of your suppliers; go into the reporting tab and export the reports necessary to demonstrate your third-party risk processes.
How granular are the Risk Ledger reports?
You can get as specific as you need with our reporting functionality. You can show a holistic overview of your supply chain ecosystem or access a more granular view of it and report on specific risk registers.
Can I take information out of Risk Ledger and plug it into a GRC tool via an API?
We have a public API that you can use to connect to some GRC tools; however, it’s worth speaking to a member of the Risk Ledger team about your specific use case.
Reviews
“As a user, the tool is already indispensable.”
Excellent service from initial enquiry through the post-onboarding support
“The Risk Ledger Platform is easy to implement and includes a number of features to improve efficiency when monitoring supplier compliance.”
Supply chain assurance made easy
"One of the main advantages of Risk Ledger is that suppliers complete a single profile which they can then share with their clients on request. Suppliers benefit as they only have to do it once (besides regular updates obviously). Clients benefit too as other companies on Risk Ledger may have previously invited the same supplier which means it is already available as soon as they accept the connection requests.”