Cegeka Launches New Third Party Risk Management App

Cegeka introduces its new Third Party Risk Management (TPRM) app, a solution designed to transform regulatory obligations into a strategic business advantage. The application enables companies to streamline risk management, speed up decision-making, and build a more resilient supply chain.

A Solution Born From Real-World Experience 

The new tool is rooted in Cegeka’s own internal experience and is now being offered to companies seeking more efficient, transparent, and reliable ways to collaborate with business partners. Despite heightened attention on supplier risk, many organizations still rely on manual processes: as of 2025, 26% manage risks via spreadsheets, and 93% of procurement teams report unreliable data. This lack of structure contributes to a rise in incidents — with 70% of companies experiencing at least one breach in the past three years, often originating from a supplier. Complex, multi-tier supply chains only increase the challenge, limiting visibility and slowing down risk detection. 

A Smarter Way to Meet Regulatory Requirements 

Evolving regulations are making advanced TPRM solutions essential. Frameworks such as DORA, NIS2, GDPR, and various ISO standards demand continuous controls, full traceability, and accurate documentation. Cegeka’s platform addresses these requirements by digitizing the most time-consuming work and delivering a complete view of both direct and indirect suppliers. 

Key Features and Business Benefits 

Powered by AI, the tool supports the full supplier lifecycle — from onboarding to evaluation to continuous monitoring. It automates tasks like document analysis, pre-populating questionnaires, conducting gap analyses, and gathering certified indicators. Organizations using the TPRM app report faster assessments, more accurate data, continuous monitoring without adding headcount, and a significant reduction in manual processes. Ultimately, it helps companies move beyond box-ticking compliance and turn risk management into a competitive differentiator. 

With our Third Party Risk Management App, we’re redefining market expectations. We’re not just helping companies meet regulatory requirements — we’re helping them turn risk management into a competitive advantage that boosts transparency and accelerates decision-making. Our goal is to guide customers toward smarter, safer, and growth-oriented operations, freeing up resources for strategic investments and creating long-term sustainable value.

A Rapidly Growing Market 

The launch comes at a time of strong market expansion. The global TPRM market is expected to exceed $6 billion in 2025, grow past $13 billion by 2029, and reach nearly $27 billion by 2035 — fueled by increasing cyberattacks and more demanding regulatory requirements. Cegeka’s TPRM App is a key element of the company’s broader vision: helping organizations accelerate their digital transformation with practical, modular technologies designed to evolve with their future needs.