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Ready for faster assessments, richer insights, and lower costs? Meet the next generation of Assessment Copilot.  

Whistic

Ready for faster assessments, richer insights, and lower costs? Meet the next generation of Assessment Copilot.  

Whistic
Whistic TPRM vs. Competitors

How We Stack Up: 
Whistic vs. Competitors

At Whistic, we don’t just want to make TPRM easier; we want to make choosing the right TPRM solution easier, too. Below, you’ll find a side-by-side comparison of the Whistic Platform to other available TPRM solutions. This competitive matrix highlights the distinct features and key capabilities each type of solution provides so you can make the most informed decision for your business—and see at a glance exactly how Whistic delivers for our customers. 

Security ratings software with questionnaire capabilities Automated security & compliance software with questionnaire capabilities Governance, Risk & Compliance (GRC) software Third-Party Risk Management (TPRM) / Vendor risk management (VRM) software Outsourced TPRM / VRM professional services firm
Architecture & Strategic Value
These characteristics are a useful checklist for the overall capabilities of the TPRM solution, covering the breadth of service, the operating capacity of the software, and the long-term strategic viability of the tool.
Purpose-built to be best-in-class at Third-Party Risk Management
Dual-sided platform addressing the needs of both vendors and those assessing vendors
On-demand access to security and compliance documentation on thousands of vendors through an Exchange
Product / Service-level architecture to allow for multiple assessments across a suite of products at a single vendor company
Integrated or built-in continuous cybersecurity risk monitoring
Proprietary scoring algorithm
AI Capabilities
Modern TPRM—the ability to automate the bulk of manual tasks on both sides of the vendor assessment and response process—depends on reliable, secure AI capabilities. These benchmarks ensure your solution will help you achieve automation, maintain control and transparency, and enrich decision-making insights in a secure way.
AI-First Third-Party Risk Management (i.e. > 50% of vendor assessment lifecycle workflow powered by AI capabilities)
AI transparency includes generative AI answer explanations, confidence scores, direct access to sources, etc.
AI-powered SOC 2 Summarization
AI-powered assessments (i.e. determine vendor control compliance from PDF, Excel, Word, and other file types)
AI-powered search to deliver insights from a vendor's library of documentation or imported Trust Center
AI-powered risk insights to get answers to plain-text questions from vendor documentation across your entire vendor population or filtered groupings of vendors
Questionnaire & Framework Capabilities
Standardized frameworks and questionnaires are essential for regulatory compliance and efficiency, while customized questionnaires are purpose-built for the unique needs of your business. These capabilities ensure your solution has you covered for both, saving you time and money in the process.
Cross-mapping for 50+ standardized frameworks 
Support for industry standard questionnaires
Support for custom questionnaires
Serves as system of record and TPRM workflow for all customers
Robust, multi-layer questionnaire logic with support for 5+ question types
Workflow Capabilities
TPRM software improves the speed, efficiency, and quality of your program by fitting seamlessly with your existing workflows. These capabilities reflect the tool’s ability to match the way you work, so you can get to value faster.
Inherent risk questionnaire / vendor intake to drive risk triage
Automated inherent risk scoring triggered upon vendor intake
Issue management & remediation suite of capabilities, including in-platform communication with vendors
Automated reassessment workflow that can be triggered based on inherent risk level
Document request workflow
Workflow to re-engage business sponsors in advance of reassessment to update scope and intake information
General Capabilities
These features help you to understand the overall usability of the solution. They shed light on how user-friendly the tool is, how it assists with reporting to measure the health and improvement of your program, and how customizable it is to your evolving needs.
Usable out-of-the-box without requiring extensive resources, development or customization
Robust customization and enterprise-grade TPRM capabilities
Robust reporting suite, with the ability to report on custom fields and create custom report templates
Self-serve open API, self-serve webhook subscription & standard integrations
Customizable, automated email notifications configurable to send from your own domain
Audit trail and exportable audit log
Data risk classification model support and customization
Vendor Capabilities
TPRM is a dual-sided process impacting both assessors and their vendors—along with a host of key stakeholders in your own business affected by TPRM. Make sure your solution has the features to make your program more impactful and collaborative for all parties.
AI-powered questionnaire response leveraging uploaded documentation
Free, self-service access for vendors to respond to assessment requests, provide documentation, etc.
Option to publish vendor Trust Center to an Exchange to eliminate redundant assessment requests
Add collaborators to assessment requests, set due dates, receive automated notifications and reminder, and assign questions to teammates

When it comes to modern, AI-first TPRM™, Whistic checks all the boxes. If you’re ready to reduce the time for vendor assessments from days or weeks to minutes, we’re here to help. 

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