Control Assessments are used by third-party risk professionals to evaluate and assign the risk level of a vendor in support of initial and ongoing due diligence.

Control Assessments are used by third-party risk professionals to streamline the process and help determine the risk level of the relationship. On behalf of Venminder clients, Venminder’s team assists in reducing the workload by collecting documentation, artifacts and questionnaires from third-parties, assigning an appropriate expert to analyze the information. A Control Assessment is then compiled and made available for purchase within the Venminder Exchange.

Venminder has a large in-house team of experienced and qualified third-party risk experts who include CISSPs, CPAs, financial risk analysts, Paralegals and more.

Following the assessment, your organization receives an overall risk rating of Confident, Satisfactory, Cautious or Vulnerable. You are also rated on individual controls with ratings of low, medium, high or severe risk.

Venminder's team reviews documentation, artifacts and questionnaires you provide for risks within financial health, SOC reports, BCP and DR preparedness, cybersecurity control and more.

Third-party risk professionals who use the Venminder or who have created an account for the Venminder Exchange  can see your scores. However, to see the full assessment or receive any supporting documentation on the assessment, they must submit a purchase request at which time we then reach out to you, the vendor, for authorization to release the full control assessment and supporting documentation to that particular professional.

Share a link that invites your prospects or clients into the Venminder Exchange to see your scores. They will then have the option to purchase the full assessment, if they choose