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RiskXchange review

#12 of 31 in Third-Party Risk Management SoftwareSecurity Ratings SoftwareThird Party & Supplier Risk Management Software

A reporting-heavy TPRM suite with strong monitoring and supply-chain visibility.

8.1/10Editor score
RiskXchange8.1 Visit RiskXchange

Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026

RiskXchange is a web and API-based third-party risk management platform for security, procurement, compliance and risk teams. It combines vendor questionnaires, evidence collection, outside-in security ratings, continuous monitoring, attack-surface visibility, remediation tracking and reporting. Unlimited user seats support cross-functional access, while vendor-volume limits apply to the first two plans. The platform is especially suited to organizations that need structured assessments alongside ongoing supply-chain visibility and board-level reporting.

The published annual plans show a clear progression. Essentials costs £14,900 per year and includes continuous monitoring with 0–900 scoring, BreachWatch dark-web correlation, compliance framework mapping, remediation tracking, Basic SnapShot summaries and email support. Professional costs £31,500 per year and adds fourth-party monitoring, Smart Risk Tiering, Compliance Tracking, Document Classifier and full API access. Enterprise adds SSO via Azure AD or Okta, all 32 AI agents, white-glove onboarding, premium support plus SLA and custom integrations. Essentials and Professional are limited to 50 vendors, making plan selection important for larger supplier programs.

RiskXchange’s strongest area is breadth around reporting and risk workflows. It supports framework mapping, evidence assessment, SLA-driven remediation, regulatory reporting, REST API access, webhooks and an MCP server. Integrations span ServiceNow, Jira, Asana, Slack, Microsoft Teams, WhatsApp, Snowflake, BigQuery, Databricks, Splunk, Microsoft Sentinel, Elastic and Google Chronicle. AI agents support vendor onboarding, evidence assessment, monitoring, remediation and regulatory reporting. Choose RiskXchange when fourth-party visibility, continuous monitoring and formal reporting are central requirements. It is less suited to teams seeking a low-cost tool for a small vendor inventory or needing capabilities covered only by higher tiers.

RiskXchange pros and cons

  • Where it wins
    • Continuous monitoring with 0–900 security ratings and material-change detection
    • Fourth-party monitoring and supply-chain mapping on Professional and Enterprise
    • Board, audit and regulatory reporting with SLA-driven remediation workflows
  • Where it doesn't
    • £14,900 annual entry price sets a high cost floor
    • Essentials and Professional are limited to 50 vendors
    • Several advanced capabilities require higher-tier plans

RiskXchange fact sheet, pricing and score →

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