Third‑party Risk Management Advanced is an AI‑enabled offering that delivers generative AI capabilities for assessment review and issue management. It helps third‑party risk managers and assessors review third‑party risk information more efficiently by reducing manual analysis and improving review consistency. With Third‑party Risk Management Advanced, users can leverage generative AI to summarize third‑party risk issues and identify potential issues during an assessment review. These capabilities support informed and consistent risk decisions while working with third‑party risk records.

1. **Issue summarization:** Uses generative AI to generate a concise summary of a third‑party risk issue record, helping reviewers quickly understand issue context and related information without reviewing the full record.
2. **Issue recommendation: ** Uses generative AI during the assessment response review process to analyze assessment questions and responses and recommend potential issues for reviewer consideration.