Trustero updates its GRC platform with AI-driven vendor risk assessment tools, aiming to transform weeks of manual due diligence into a streamlined review-and-approve workflow.
Trustero announced an extension of its AI-powered GRC platform to third-party risk management, but as a private company no direct public market impact.
Trustero has launched an extension of its AI-powered governance, risk, and compliance (GRC) platform specifically targeting third-party risk management. The new functionality automates the analysis of vendor attestations and questionnaires, significantly reducing the time required for due diligence by categorizing vendors into risk tiers.
The platform automates the reading of vendor attestations and questionnaires, sorts vendors into risk tiers, and flags specific items that require human intervention, effectively shortening the due diligence cycle.