RiskWatch Vendor Risk Management

7.0easy start · #4of 32
in Third-Party Risk Management Software

Free trialyes
Well documentedyes
Runs where you workyes

Runs on Android, api, iOS, self-hosted, Web.

RiskWatch Vendor Risk Management is ranked #4 of 32 in third-party risk management software on The Geeks Club. It runs on Android, API, iOS, Self-hosted, Web. A free trial is offered.

RiskWatch Vendor Risk Management plans and pricing

All plans

Growth 12-month contract assumed; quote only 15–50 users · 5–10 frameworks · cloud or hybrid · shared white-glove implementation riskwatch.com · 7 Oct 2026

Starter 12-month contract assumed; quote only 5–15 users · up to 3 frameworks · cloud · self-serve onboarding riskwatch.com · 7 Oct 2026

Enterprise 12-month contract assumed; quote only 50+ users · 10+ frameworks · multi-entity · cloud, on-premise, hybrid, or air-gapped riskwatch.com · 7 Oct 2026

Compared on third-party risk management software

Free plan: No
Assessment method: questionnaire
Continuous monitoring: Yes
Questionnaire library: Yes
Framework mapping: Yes
Evidence collection: Yes
Workflow automation: Yes

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The record

Purpose: RiskWatch helps organizations identify, assess, monitor, and report risks introduced by vendors and other third parties.
Risk tiering: The platform automatically classifies vendors into Tier 1, Tier 2, or Tier 3 and uses the tier to set questionnaire depth and reassessment cadence.
Questionnaires: Pre-built questionnaire libraries include SIG, CAIQ, and NIST 800-161, and customers can upload custom questionnaires.
SOC 2 analysis: The SOC 2 parser extracts criteria, exceptions, CUECs, and gap findings from Type 1 and Type 2 reports and maps findings to the customer’s control library.
Risk coverage: Vendor scoring covers eight categories: cybersecurity, compliance, physical, financial, operational, reputational, strategic, and fourth-party risk.
Monitoring integrations: The product says it integrates with BitSight, SecurityScorecard, sanctions watchlists, news-monitoring feeds, and breach databases for continuous monitoring.
Vendor workflow: Vendors can respond through a portal by completing questionnaires and attaching SOC 2 reports.
Reports: Risk reports include per-vendor scorecards, portfolio rollups, and regulatory exam packs, with PDF and Excel exports.
Supported frameworks: The product lists mappings for standards and regulations including SIG, CAIQ, NIST 800-161, ISO 27036, FFIEC IT, OCC 2013-29, EBA Outsourcing, NYDFS 500, DORA, HIPAA, PCI DSS, and SOC 2.
Security: RiskWatch states that its platform is audited under SOC 2 Type II and ISO/IEC 27001:2022, encrypts data in transit and at rest, and segments data by tenant.
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.
Trial: The 7-day free trial requires no credit card and includes access to questionnaire libraries, SOC 2 parsing, auto-tiering, monitoring previews, and eight-category scoring.
Pricing model: RiskWatch says it does not publish list prices and provides custom quotes based on factors such as team size, frameworks, deployment, and integrations.
Support tiers: The quote page lists Starter support as email with next-business-day response, Growth as email and chat with a 4-hour SLA, and Enterprise as email, chat, and phone with a 1-hour SLA.

Where it ranks on The Geeks Club

Best Third-Party Risk Management Software in 2026#4 of 32

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Sources

riskwatch.com/vendor-risk-management-software/· checked 7 Oct 2026
riskwatch.com/security/· checked 7 Oct 2026
riskwatch.com/quote/· checked 7 Oct 2026