Upcoming Changes to the Vendorpedia Menu Item

We are making changes to the Exchange, which is part of the Third-Party Risk Exchange module and appears in the Third-Party Risk Management module, in an upcoming release.

As part of these changes, all Third-Party Risk Management users will continue to have access or gain access to Third-Party Risk Management module and have access to vendor profiles at no extra cost. If you do wish to utilize the Assessment Coordination services, please contact your Account Executive for additional information.

FAQ

Should I still see the Vendorpedia Exchange menu item in Third-Party Risk Management module?

Yes. You will see the Exchange menu item in the side navigation of the Third-Party Risk Management module. Clicking Exchange will redirect you to the Third-Party Risk Exchange module.

Can I still request assessments from the Third-Party Risk Management.

Yes. You can request an assessment from the Vendor Inventory. Moving forward, if you request an assessment from your inventory, there is a separate workflow than the workflow for requesting assessments from the Exchange that will allow you to select any assessment from your template gallery.

How do I track Requests?

You can track in requests in the Status Tracker in the Third-Party Risk Exchange.

Will I still have the option to connect to vendors in the Vendor inventory?

Yes.

Will I still see Vendorpedia Exchange attributes (like ISS Cyber Score) in the Vendor Risk Exchange module?

Yes. These are still visible in the Vendor Inventory.

Do I need to assign users an exchange-specific role if I am using the Third-Party Risk Management module?

You will be able to assign users with an Exchange Manager role, which provides access to Third-Party Risk Exchange functions. This feature is currently under preview. If your organization would like to enable access to a preview feature, please contact OneTrust support to submit the request.