Supply Wisdom, the market's full-stack, real-time risk intelligence SaaS platform powered by artificial intelligence (AI), is partnering with Fusion Risk Management (Fusion), a leading provider of cloud-based operational resilience, business continuity, and risk management solutions—offering Fusion customers a seamless integration for enhanced third-party risk management (TPRM) and operational risk and resilience program needs.
According to the companies, Supply Wisdom's sophisticated solution—designed to reveal hidden third-party threats across financial, operational, ESG, compliance, Nth Party, and location risk—combined with Fusion Risk Management's robust platform, provides comprehensive risk intelligence and detailed insights into vendor viability. This allows organizations to have complete confidence in the security of their third-party relationships.
"To ensure business continuity, organizations must correlate their dependency on third-party suppliers. To do this, they require deep, continuous risk intelligence to understand and mitigate potential vendor threats effectively,” said Tom Thimot, CEO of Supply Wisdom. "By partnering with Fusion, we are enabling more organizations to operate with greater confidence and resilience in an increasingly complex risk landscape. We look forward to working with the Fusion team further to provide customers with the tools they need to bolster their TPRM programs."
The partnership ensures organizations can make their TPRM and operational resilience programs more strategic and proactive, enabling cross-functional teams to safeguard the enterprise.
Key benefits and features of the partnership include:
- Continuous monitoring
- Risk ratings
- User-friendly dashboards
- Action-oriented alerts
“In today’s interconnected business landscape, organizations rely on hundreds—if not thousands—of vendor partners and third-party suppliers, which makes it incredibly difficult for them to understand the potential impact of supplier risk across their risk disciplines,” said Eric Jackson, CPO at Fusion Risk Management. “We’re excited to partner with Supply Wisdom and leverage their deep insights into third-party threats to offer our customers an enhanced solution to integrate third-party risk data into their internal risk management programs, seamlessly mitigate risks, and build true operational resilience across their extended enterprise.”
For more information about this news, visit www.fusionrm.com or www.supplywisdom.com.