Vendor Risk Overview reports — Legacy view

  • Release version: Australia
  • Updated March 12, 2026
  • 2 minutes to read
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    Summary of Vendor Risk Overview reports — Legacy view

    The Vendor Risk Overview page has transitioned to third-party risk reports within the Vendor Management Workspace. This page provides essential insights into your third-party risk management program.

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    Key Features

    Access the Vendor Risk Overview by navigating to All > Third-party Risk Management > Overview. The key components include:

    • IRQ Process: Replaces the traditional tiering assessment with an internal questionnaire that enhances flexibility and scalability in risk assessments.
    • Legacy Support: Existing tiering assessments can be duplicated and designated as IRQ internal assessments.

    Vendor Risk Overview — Vendor Tab

    Reports available on the Vendor tab include:

    • Total Vendors: Total number of third parties.
    • Open Tiering Assessments: Number of third parties with active tiering assessments.
    • Open Risk Assessments: Number of third parties with active risk assessments.
    • Past Tiering Assessments: Count of third parties that have not completed assessments on time.
    • Vendor Classification by Tier: Visual representation of third parties by risk tier.
    • Upcoming Vendor Risk Assessments: Scheduled assessments for third parties.

    Vendor Risk Overview — Engagement Tab

    Reports available on the Engagement tab include:

    • Total Engagements: Total number of engagements.
    • Open Tiering Assessments: Count of engagements with active tiering assessments.
    • Engagements Classification by Tier: Distribution of engagements by risk tier.
    • Open Issues by Priority: Sorted list of issues by priority level.

    Important Note

    The Vendor Risk Overview dashboard is deprecated starting with version 18.1.3 of Third-party Risk Management. Customers using versions prior to 18.1.3 can still access the Vendor Risk Overview dashboard.

    The Vendor Risk Overview page is replaced by the third-party risk reports on the Vendor Management Workspace.

    Viewing the reports

    To open the Vendor Risk Overview, navigate to All > Third-party Risk Management > Overview. The page displays reports that provide insights into your third-party risk management program. The

    The more complete IRQ process replaces tiering

    In the TPRM application, the IRQ is an internal questionnaire that improves the original tiering assessment process. IRQs enhance internal risk assessments with increased flexibility, control, and scalability. Unlike a tiering assessment where external questionnaires are determined solely by the risk tier, an IRQ can dynamically trigger external questionnaires based on both respondents' answers and risk tier.

    To enable a seamless transition to TPRM, you have the option to duplicate existing tiering assessments and designate them as IRQ internal assessments. Risk tiering is supported as an unchanging legacy process.

    Vendor Risk Overview — Vendor tab


    Vendor Risk Overview showing Vendor reports.
    Table 1. Reports on the Vendor tab
    Report Description
    Total Vendors Total number of third parties.
    Open Tiering Assessments Number of third parties with active tiering assessments open.
    Open Risk Assessments Number of third parties with active risk assessments open.
    Past Tiering Assessments Number of third parties that have not completed the tiering assessment within the assessment time frame.
    Tier-Recommended Risk Assessments Number of third parties performing risk assessments based on tiering.
    Vendor Classification by Tier Donut report showing the number of third parties assigned to each risk tier.
    Vendors Performing Risk Assessment Based on Tiering Number of third parties with active tiering-based risk assessments sorted by third-party risk.
    Open Issues by Priority All third-party risk open issues sorted by priority.
    Vendors by Risk Rating Number of third parties sorted by risk rating.
    Upcoming Vendor Risk Assessments Number of third-party risk assessments scheduled.
    Vendor-related Policy Exceptions All policy exceptions generated from third-party risk issues.

    Vendor Risk Overview — Engagement tab


    Vendor Risk Overview — Engagement tab.
    Table 2. Reports on the Engagement tab
    Report Description
    Total Engagements Total number of engagements.
    Open Tiering Assessments Number of engagements with active tiering assessments open.
    Open Risk Assessments Number of engagements with active risk assessments open.
    Past Tiering Assessments Number of engagements that have not completed the tiering assessment within the assessment time frame.
    Past Risk Assessments Number of engagements with active tiering-based risk assessments.
    Engagements Classification by Tier Donut report showing the number of engagements assigned to each tier.
    Engagements by Type Number of engagements of each type.
    Open Issues by Priority All engagement open issues sorted by priority.
    Engagements by Risk Rating Number of engagements sorted by risk rating.
    Important:
    Starting with version 18.1.3 of Third-party Risk Management the Vendor Risk Overview dashboard is deprecated. If Third-party Risk Management was installed prior to 18.1.3 the Vendor Risk overview dashboard is still available for your use.