3rdcomply is an AI-powered third-party risk assessment platform designed to help risk officers, compliance consultants, and organizations evaluate vendor security posture more efficiently. The platform addresses the manual, time-intensive nature of traditional vendor risk assessments by using artificial intelligence to analyze vendor documentation, extract relevant information, and automatically answer assessment questionnaires. Key capabilities include: - AI Document Analysis: Processes large volumes of vendor documentation (hundreds of pages) to extract security and compliance-relevant information. - Smart Questionnaire Answering: Automatically maps extracted document content to assessment questions, reducing manual effort. - Public Information Enrichment: Pulls verified public data such as certifications, SOC reports, and compliance records to answer up to 90% of assessment questions automatically. - Vendor Document Portal: Allows vendors to upload documents once, with the AI reusing that information across multiple assessments. - Expert Validation: Incorporates human review by risk professionals to validate AI-generated responses. - Pre-Assessed Vendor Database: Maintains a growing database of over 1,000 vendors that have already been assessed, with downloadable reports available instantly. The platform targets risk professionals and compliance teams looking to reduce assessment time, as well as vendors seeking to streamline their responses to repetitive questionnaires. 3rdcomply also offers a managed service option for organizations that lack internal resources to conduct vendor reviews themselves. The company claims an average assessment time of 5 minutes and a 95% accuracy rate.