Instant Analysis
Instant analysis
Get instant risk insights on vendors in our directory, powered by open source data, historical assessments, and predictive analytics. Summary insights deliver data-backed results while giving your teams the ability to move at the speed of business.
Built in context awareness keeps insights specific to your program's use case. Automated monitoring with risk advisories keeps your team ahead of exposure.
Instant analysis brings you a reliable snapshot to make well-informed decisions about vendor partnerships. For those times when you need more detail? You can always start an assessment to perform a full analysis with artifact intelligence.
Instant analysis in the directory
VISO TRUST offers several key insights in the vendor directory.
- Assessment metrics give important context around this vendor's activity with VISO TRUST. We'll surface information around the last assessment date, assessment response time, and the number of assessments completed.
- At a high level, you'll understand the ability to predict risk, the presence of compliance adherence, and general information about data sensitivity. These anonymized insights about assessment factors helps set expectations for vendor assessment.
Instant analysis in the relationship detail page
Instant analysis offers reliable insights about vendor risk based on open source data, historical assessments, and VISO TRUST's own Artifact Intelligence. Comprehensive reports speed your team's process without compromising the integrity of your information.
Predicted risk values
In the company overview, several datapoints help outline the industry, size, and filing status for the organization. You'll also find predicted risk values.
The predicted inherent risk and predicted residual risk are derived from a combination of past assessment data, and is contextualized with the most likely use case.
Taking action
Instant analysis offers several options to represent and track this vendor's risk in your program.
- Onboard: Onboarding represents this vendor's risk in your program. The predicted risk values will factor into your artifact insights. You'll also receive real-time risk advisories about this vendor.
- Start assessment: If you'd like more in-depth information on the vendor, it's time to start an assessment. You can reach out to the vendor, provide artifacts, and get the benefits of auditor-backed validations.
When you onboard the vendor, their predicted risk factors into your reporting. You'll get more accurate risk values with granular detections after the completion of the assessment.
FAQ
How do you generate the risk scores for the instant analysis?
VISO TRUST leverages open source data and historical assessments with predictive analytics to create scores. Recency also contributes to the score, which means you'll always be provided with the latest, most accurate data for the way you're working with a vendor.
A full assessment with artifacts will give you the most accurate information about a vendor's impact on your program.
Will all my relationships have instant analysis?
Relationships with vendors in the VISO TRUST directory are eligible for instant analysis. If the relationship features a vendor that is not in our directory, you'll see limited information. In those cases, a full assessment will yield the most accurate results.
What happens to my instant analysis when I assess the relationship?
You can view vendor information under the "Details" tab on the relationship detail page. Your actual risk values will replace the predicted risk values at the completion of the assessment.
Is my assessment going to be the same as the instant analysis?
The risk scores and audited analysis of the vendor may differ from the instant analysis depending on artifacts collected, actual answers to questionnaires, and auditor verification of the information provided.
How do I report incorrect information in the directory?
Please report any issues to support@VISOTRUST.com.
