Panorays vs RiskXchange

Panorays provides a third-party cybersecurity platform intended to reduce supply-chain cyber risk and help companies do business securely. It assesses suppliers through customized questionnaires, external attack-surface assessments, inherent risk based on business and technology profiles, and customer risk policies. Ratings combine supplier responses and technical assessments with the customer's security standards and business context. Teams can use built-in questionnaire templates, customize questions or create their own. Continuous monitoring can alert teams to supplier security changes or breaches; dependency mapping covers third-party and nth-party relationships and supports a current supplier inventory. Listed integrations include Archer, Jira, ServiceNow, Salesforce, Slack, Splunk, SAP and Zapier. Panorays also describes a REST API backend and API upload for supplier management. Its security information includes encryption at rest and in transit, TLS 1.2, SAML 2.0, SSO, MFA and role-based API scopes. Panorays states ISO/IEC 42001:2023 and ISO/IEC 27001:2022 certifications and a SOC 2 Type II review. Pricing is on request, customized to risk strategy and assessment needs; a free trial is available.

RiskXchange is a third-party risk management platform that combines external security ratings with vendor evidence and ongoing monitoring. Its outside-in network covers more than five million companies, according to the company. The platform scores risk from 0 to 900 and includes dark-web breach correlation, compliance mapping and remediation tracking. Its Agency comprises five lead agents and 27 specialists for tasks including onboarding vendors, assessing evidence, monitoring, remediation and regulatory reporting. NOVA can contact vendors by email, WhatsApp or in-app chat; customers can pause contact for an individual vendor. Integrations include Jira, ServiceNow, Archer, OneTrust, Slack and Microsoft Teams. Professional and Enterprise include a REST API, and webhooks support event-driven workflows. RiskXchange says it holds ISO 27001 and SOC 2 Type II certifications, with regional hosting in the UK, EU and US and tenant data held in the selected region. Plans start at £14,900/yr; a free SnapShot evaluates one live vendor and provides a posture report within 24 hours.