Revolutionizing Third-Party Risk Management with Agentic AI
In the ever-evolving landscape of risk management, SAFE has emerged as a leading innovator with its autonomous Third-Party Risk Management (TPRM) solutions powered by Agentic AI. Recently announcing its expansion strategy, SAFE is set to release over a dozen new autonomous agents designed to enhance organizations' ability to navigate third-party risk more effectively.
What’s New?
Two of the latest AI agents, SnapShot and BreachWatch, are poised to redefine how businesses manage third-party risks. SnapShot operates as an advanced scanning tool that aggregates data from public records, cybersecurity reports, and even the dark web. Its primary role is to identify recent breaches associated with vendors, enabling organizations to remain vigilant against potential risks. Meanwhile, BreachWatch focuses on continuously evaluating the business criticality of vendors, their network and data access, and historical breaches, providing a real-time risk tiering system that helps teams prioritize their efforts effectively.
The introduction of these agents signifies a notable leap forward in the TPRM landscape. As highlighted by Saket Modi, CEO and co-founder of SAFE, traditional risk management solutions often stumble in today's fast-paced and multifaceted risk environment. They focus too much on superficial compliance rather than substantive risk management. Instead, SAFE's Agentic AI agents are engineered to automate essential processes, making it easier for organizations to identify, prioritize, and resolve third-party risks.
The Advantages of Agentic AI
SAFE's commitment to innovation is reflected in its fleet of more than 25 unique AI agents designed specifically for TPRM. These agents facilitate every phase of the TPRM lifecycle—from intake to continuous monitoring and eventual offboarding—replacing labor-intensive manual tasks. As a result, what once took days can now be accomplished within seconds.
The integration of intelligent automation not only alleviates bottlenecks in vendor management but also guarantees real-time access to crucial data. This dynamic approach allows businesses to transition from simply filling out compliance forms to making informed, real-time risk-based decisions that reflect their true status.
Transformative Impact on Organizations
Organizations deploying SAFE's Agentic AI have reported extraordinary outcomes. With the ability to significantly cut down on manual efforts—saving upwards of $1 million annually—businesses have been able to enhance onboarding speed tenfold. The improvements also extend to vendor coverage, which now stands at 75%, far exceeding the 40% industry average. Faster offboarding processes for high-risk vendors have contributed to savings of an indicative $25 million concerning risk reduction, enabling companies to thrive without necessitating a larger workforce.
The transformative capabilities offered by SAFE have already attracted hundreds of enterprises committed to modernizing their TPRM strategies. Within a short span of 12 months, SAFE achieved $10 million in TPRM Annual Recurring Revenue (ARR) and underscored its status as a leader in the field, according to Forrester's 2025 Cyber Risk Quantification evaluation.
Bridging Automation and Human Insight
Critically, SAFE balances automation with necessary human oversight. The platform incorporates a 'human-in-the-loop' model, allowing teams to review and approve automated actions, ensuring that every decision carries the organization’s consent and strategy. This synergy between machine efficiency and human insight makes the TPRM process both rapid and reliable.
Organizations settling for outdated risk management solutions risk falling behind as the sector continues to shift towards autonomous operations. Agentic AI by SAFE is not merely about task automation—it's about fundamentally reshaping how third-party risk is perceived and addressed.
Saket Modi encapsulated this sentiment succinctly: "TPRM does not need to be slow, painful, or manual anymore. Agentic AI gives organizations the speed they need, the accuracy they demand, and the scale the enterprise requires."
The Future of Risk Management
As businesses aim for operational excellence and embrace digital transformation, SAFE's approach offers a compelling solution to complex risk challenges. With a focus on automation, actionable insights, and seamless integration, companies can leverage Agentic AI to not only enhance their TPRM processes but also to enable strategic decision-making that drives growth. For more insights or to schedule a demo, visit
www.safe.security.