Use case.
AI-Powered Third-Party Risk Management Automation.
Enhance accuracy, collaboration, and security by leveraging AI to identify third-party risks related to DORA and other regulatory requirements. Explore our AI-powered compliance solutions.
Has an ICT third-party risk strategy been adopted as part of the ICT risk management framework?
Is the ICT third-party risk strategy regularly reviewed, possibly including the use of a multi-ICT provider strategy (Article 6(9) DORA)?
Does the strategy include a guideline for the use of ICT services to support critical or important functions ("guideline"), which are provided by ICT third-party service providers?
Does the strategy apply on an individual basis and, if applicable, on a partially consolidated and consolidated basis?
Third-Party Vendor 1
Yes, the strategy has been integrated into the ICT risk management framework, ensuring third-party ICT services are assessed for risks.
No, the strategy is not regularly reviewed, and a multi-ICT provider strategy has not been implemented at this time.
Yes, it includes a guideline for evaluating third-party ICT services that support critical functions, focusing on reliability and compliance.
No, the strategy currently only applies on an individual basis and has not been extended to partially consolidated or consolidated levels.
Third-Party Vendor 2
No, an ICT third-party risk strategy has not yet been adopted, but discussions are underway to integrate one into the existing risk management framework.
Yes, the strategy is reviewed annually, including consideration of a multi-ICT provider approach to reduce concentration risks.
No, the strategy currently lacks a specific guideline for ICT services supporting critical functions, though this is under consideration for future updates.
Yes, the strategy applies on an individual basis and is also implemented on both a partially consolidated and consolidated level where applicable.
Enhanced
Your benefits.
See what's in it for you.
Pre-built questionnaires
Certified TPRM-compliant questionnaires powered by LLMs to significantly reduce time to completion.
Automated data extraction
Leverage AI to automate the extraction of data from unstructured documents, generating more accurate results.
Gap analysis workflows
Stay ahead of compliance challenges by leveraging automated gap analysis to streamline your vendor processes.
Certified platform by experts
Our platform has been rigorously evaluated and endorsed by industry-leading experts.
Structured process all in one
Orchestrate a structured process within a single platform to enhance compliance procedures.
Centralized document management
Don't just automate data extraction; manage all documents in an LLM-ready data room.
What you previously had to do.
Manual Data Extraction Prone to Errors
Isolated Assessments With No Easy Overview
Delayed Identification of Non-Compliance
What this task now looks like.
Automated Data Extraction & GAP Analysis
Centralized Risk Overview
Proactive Non-Compliance Alerts & Continuous Monitoring
Configure & augment compliant questionnaires
Leverage the power of secure LLMs to automate the sharing and completion of critical risk questionnaires, enabling the storage, management, and extraction of key information from large volumes of documents provided by third-party vendors.
Enhance your safeguarding through AI.
AI enhances compliance by identifying risks and ensuring adherence to regulations such as DORA. With Kern AI’s control system, you gain quick visibility into your risk overview and the tasks that require immediate action, all in one place.
Scale AI automation across compliance frameworks
Our solution adapts to various compliance requirements globally, allowing you to scale your AI agents across compliance processes and embed secure automation for next-generation risk management.
You can choose from various LLMs.
For this use case, we recommend Azure GPT-4.
Enhance accuracy, collaboration, and security by leveraging AI to identify third-party risks related to DORA and other regulatory requirements. Explore our AI-powered compliance solutions.
Train from different data sources.
Data examples.
You can train your Generative AI assistant from different data sources. Here are some examples.
Audit Policies
External reports from independent audits that assess the vendor’s security.
IT Compliance Guidelines
Official documents outlining the standards and requirements for IT compliance.
Cyber Incident Reports
Reports detailing any cyber incidents, the response process, and how they were resolved.
Take compliance to the next level
Modernise your compliance with AI
Book in a demo to see how our platform embeds GenAI into your critical compliance workflows.
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Further resources
We have collected a list of resources that might be helpful for you to learn more about this use case.
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Read moreThe blueprint for your use case.
We've been in the space of Natural Language Processing for many years before ChatGPT and pioneered open-source, data-centric AI. Solutions built on our platform follow IT, LLM and security best practices.