Blue Umbrella GRC logo

Blue Umbrella GRC

by Blue Umbrella · Since 2009
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ActiveAvailable globallyCloud
Quick facts
VendorBlue Umbrella
Year launched2009
StatusActive
LocationCleveland, Ohio
Countries servedGlobal
Languages5
Integrations1+
Free tierN/A
Free trialN/A
Contact salesYES

About Blue Umbrella GRC

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Blue Umbrella is a robust third-party compliance and due diligence solution designed to help organizations mitigate regulatory and reputational risks. Its core strength lies in its combination of technology and in-house research expertise, offering businesses a sophisticated approach to managing third-party relationships. The platform is particularly well-suited for large enterprises, financial institutions, and compliance professionals who require deep insights into potential partners, suppliers, and vendors. Through its comprehensive features, including automated workflow management, tailored due diligence reports, and an advanced risk scoring engine, Blue Umbrella provides organizations with a systematic way to ensure compliance and safeguard their operations. One of the most notable aspects of Blue Umbrella is its emphasis on automation and integration, which suggests a highly efficient and user-friendly system. The company’s proprietary "Status" platform serves as a centralized hub for managing third-party risk, reducing manual efforts, and ensuring a seamless compliance workflow. The integration capabilities with major CRM and ERM systems further enhance usability, making it easier for organizations to incorporate Blue Umbrella into their existing infrastructure.

Pros & Cons

Pros
  • Streamlined Third-Party Compliance: Provides comprehensive due diligence and business relationship risk management tools.
  • End-to-End Integration: Status centralizes data, automates workflows, and integrates with major CRM, ERM, and in-house systems.
  • In-House Research Expertise: Backed by over 250 multilingual in-house researchers across seven global locations, ensuring high-quality information.
  • Customizable Features: Offers custom questionnaires, automated workflows, and a powerful risk scoring engine.
  • Global Reach: Operates in multiple languages and locations, supporting diverse compliance needs.
Cons
  • Large Enterprise Focus: Best suited for organizations with extensive business relationships, potentially overwhelming smaller companies.
  • Tech-Dependency: Requires integration with existing systems and robust infrastructure.

Features

Key features

Third-Party Risk Management

Integrates information and automates workflows for managing third-party risks.

Tailored Due Diligence Reports

Offers customized reports for current and prospective business relationships.

Centralized Compliance Technology

Provides a centralized platform for third-party compliance.

Automated Workflows

Custom questionnaires and automated workflows.

Risk Scoring Engine

A powerful engine for assessing and scoring risks.

Industry Report Sharing

Innovative, first-of-its-kind industry report sharing.

Additional features

Third-Party Risk Management

Integrates information and automates workflows for managing third-party risks.

Tailored Due Diligence Reports

Offers customized reports for current and prospective business relationships.

Centralized Compliance Technology

Provides a centralized platform for third-party compliance.

Automated Workflows

Custom questionnaires and automated workflows.

Risk Scoring Engine

A powerful engine for assessing and scoring risks.

Industry Report Sharing

Innovative, first-of-its-kind industry report sharing.

In-House Research Capabilities

Significant research capabilities on four continents.

CRM, ERM, and In-House System Integration

Integrates with major systems.

In-House Multilingual Research Team

Research performed by a team of over 250 researchers speaking 40+ languages.

Global Research Locations

7 global research locations.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Global
Countries served
5
Interface languages
24
Billing currencies

Interface languages

EnglishSpanishFrenchGermanPortuguese

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇦🇺AUD🇨🇦CAD🇯🇵JPY🇨🇭CHF🇨🇳CNY🇷🇺RUB🇮🇳INR🇧🇷BRL🇿🇦ZAR🇲🇽MXN🇸🇬SGD🇭🇰HKD🇸🇪SEK🇳🇴NOK🇰🇷KRW🇳🇿NZD🇦🇪AED🇸🇦SAR🇩🇰DKK🇵🇱PLN🇹🇷TRY

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