Mirato

Mirato provides a Third-Party Risk Management (TPRM) intelligence platform that automates the review, analysis, and correlation of content between TPRM questionnaires and supporting evidence documentation. The platform utilizes artificial intelligence and natural language processing algorithms to extract data from questionnaires, evidence documents, financial stability sources, and cyber posture information, transforming it into actionable risk insights. The platform addresses the manual workload traditionally associated with TPRM programs by automating the evidence review and analysis process that subject matter experts typically perform manually. It validates and cross-references questionnaire answers with other data sources, providing continuous monitoring capabilities that can update information as frequently as once an hour. The solution integrates with existing TPRM platforms, programs, and data sources rather than replacing them. Mirato's platform enables organizations to identify fourth-party and concentration risk by revealing downstream risks from vendors that serve their third parties. The system provides visibility across all risk domains through a single dashboard, allowing risk managers to model potential cascading effects across their supply chain. When new controls or data sources are added, they automatically apply to all third parties in an organization's program and are continuously monitored. The platform is designed to reduce manual labor in assessments by up to 60% and decrease continuous monitoring costs.