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Description

The HITRUST XChange Manager, an online portal that facilitates real-time collaboration between organizations as well as their entire supply chain, is designed to allow efficient management of risk assurance information exchange and continuous monitoring of third party risk. This portal is unique in that it is both modular and comprehensive, and includes the three essential components of people, process and technology. The HITRUST Third Party risk management methodology will help you make better decisions about your risk. The HITRUST AssessmentXChange is intended to be an extension of a third-party risk management plan. The XChange team simplifies and streamlines the process of managing third-party compliance information and risk assessment. Engage third parties effectively and identify the individual(s) responsible to respond to requests for compliance information and risk assessments.

Description

Our platform offers a dynamic approach to evaluating and addressing AI-related risks in both models and datasets, focusing on issues like bias, proxy bias, and fairness. With our Responsible AI technology, we enhance the visibility of AI models, ensuring they are both explainable and interpretable. Our algorithms, grounded in research, work to identify and address risks stemming from a lack of robustness. Additionally, the platform conducts thorough reviews of the AI landscape in relation to various AI and MRM regulations, delivering in-depth risk assessments, detailed reporting, and automated remediation strategies. It is crucial to evaluate and mitigate AI risks present in both internally developed systems and those supplied by third parties. The SigmaRed platform facilitates an extensive third-party AI risk management (AI TPRM) process, significantly speeding up the AI risk assessment cycle while offering enhanced visibility, control, stakeholder-specific reporting, and a comprehensive repository of evidence. Furthermore, our technology not only enhances compliance but also fosters trust in AI systems by ensuring that potential risks are proactively managed.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

ASCENT Security and Compliance Portal Yes 
HITRUST MyCSF Yes 

Integrations

ASCENT Security and Compliance Portal No 
HITRUST MyCSF No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs No 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

HITRUST Assessment Exchange

Founded

2017

Country

United States

Website

hitrustalliance.net/hitrust-assessment-xchange

Vendor Details

Company Name

SigmaRed

Website

www.sigmared.ai/

Product Features

Risk Management

Alerts/Notifications No 
Auditing No 
Business Process Control No 
Compliance Management No 
Corrective Actions (CAPA) No 
Dashboard No 
Exceptions Management No 
IT Risk Management No 
Internal Controls Management No 
Legal Risk Management No 
Mobile Access No 
Operational Risk Management No 
Predictive Analytics No 
Reputation Risk Management No 
Response Management No 
Risk Assessment No 

Product Features

Alternatives

Alternatives

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