Magnitude

Magnitude is an AI-native platform focused on Third-Party Risk Management (TPRM) and supply chain risk. The platform is designed to automate and continuously monitor vendor risk across multiple tiers of an organization's supply chain, including fourth- and fifth-party (Nth-party) dependencies that traditional TPRM programs typically do not address. The platform is built around a suite of specialized AI agents, each handling a distinct phase of the vendor risk lifecycle: - Intake Agent: Guides business users through structured vendor intake to reduce incomplete requests and manage risk at the point of onboarding. - Autonomous Assessment Agent: Automates vendor assessments to increase TPRM team capacity. - Continuous Monitoring Agent: Monitors vendors in real time for breaches, new vulnerabilities, and terms-of-service changes. - Nth-Party Monitoring Agent: Maps multi-tier supply chain dependencies to surface concentration risk from deeper vendor relationships. - Vendor Envoy Agent: Automates vendor communication and follow-ups, maintaining an auditable communication trail. - Risk Remediation Agent: Prioritizes and tracks remediation of identified issues through to closure. Magnitude positions itself as an alternative to legacy TPRM tools that rely on point-in-time assessments. Its agents operate continuously against customer-defined policies, with each decision citing its source and reasoning. Customer data, policies, and model fine-tuning remain isolated within the customer's own tenancy and are not used to train shared models. The platform targets enterprise security and risk teams, particularly CISOs and TPRM analysts at organizations with complex vendor ecosystems.