Phinity logo

Phinity

by Phinity Risk Solutions · Since 2017
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ActiveAvailable globallyCloudOn-premise
Quick facts
VendorPhinity Risk Solutions
Year launched2017
StatusActive
LocationUnit 1, The chq Building, Custom House Quay , Dublin, D01 D01, IE
Countries servedGlobal
Languages6
IntegrationsN/A
Free tierNO
Free trialNO
Contact salesYES

About Phinity

Phinity is a comprehensive Integrated Risk Management software designed to help businesses identify, assess, and mitigate risks effectively.

Phinity Risk Solutions offers a comprehensive, cloud-based integrated risk management platform that focuses on helping organisations centralise, automate, and streamline a wide range of risk and compliance processes. Its strength lies in bringing multiple risk domains into a single ecosystem, including third-party risk management, information security management, privacy compliance, procurement compliance, and vulnerability remediation. This unified approach reduces reliance on fragmented tools and manual processes, allowing teams to maintain better visibility across risks while improving consistency in how assessments and remediation activities are handled. The platform is particularly notable for its structured workflows that guide users through the full risk lifecycle, from identification and assessment to reporting and remediation, supported by automation and real-time tracking. It also provides configurable frameworks, making it adaptable to different organisational needs and regulatory requirements. Another advantage is its emphasis on auditability and documentation, which supports compliance efforts and internal governance. However, due to its broad scope and feature-rich nature, it may require a level of onboarding and process maturity to fully leverage its capabilities.

Pros & Cons

Pros
  • Provides a comprehensive platform for integrated risk management
  • Unified platform covering multiple risk domains (TPRM, ISMS, privacy, compliance)
  • Strong automation across risk identification, assessment, and remediation
Cons
  • Lack of integration with other software systems, leading to duplication of efforts
  • Lack of advanced reporting and analytics features compared to competitors in the market.
  • Can feel complex due to the breadth of features and modules
  • Requires onboarding and setup to align with organisational processes

Features

Key features

Integrated Risk Management Platform

Centralises risk, compliance, and governance processes into a single cloud-based system for end-to-end visibility.

End-to-End Risk Lifecycle Management

Supports identification, assessment, reporting, and remediation of risks within one workflow.

Automated Workflows & Risk Treatment

Automates risk response processes, including assigning actions, tracking progress, and validating remediation.

Real-Time Reporting & Analytics

Provides dashboards and reports that help organisations make informed, data-driven decisions.

Third-Party Risk Management (TPRM)

Enables organisations to assess, monitor, and manage vendor and supplier risks effectively.

Additional features

Third-Party Risk Management (TPRM)

Identifies, assesses, and reports on vendor risks, with workflows for onboarding and ongoing monitoring.

Information Security Management System (ISMS)

Helps organisations implement, maintain, and audit security controls and certifications.

Privacy Compliance Management

Supports privacy programs with structured assessments and ongoing compliance tracking.

Insurance Compliance Management

Manages compliance across insurance processes, intermediaries, and governance requirements.

Risk Response Management

Tracks risks from identification through to treatment, assigning ownership and monitoring remediation.

Pricing

Free trial
Free version
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Countries & Languages

Global
Countries served
6
Interface languages
5
Billing currencies

Interface languages

EnglishSpanishGermanFrenchItalianPortuguese

Billing currencies

🇺🇸USD🇬🇧GBP🇪🇺EUR🇯🇵JPY🇦🇺AUD

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