Risk Ledger
London third-party security risk network where suppliers answer once and every customer sees the result
Quick Overview
| Company | Risk Ledger Ltd |
|---|---|
| Category | Vendor & Third-Party Risk Management Software |
| Headquarters | London, United Kingdom |
| Founded | 2018 |
| EU Presence | United Kingdom (adequacy decision, outside the EEA) |
| Data Location | Not stated on the pages reviewed |
| Open Source | No |
| Pricing | Four quoted plans (Essentials, Standard, Pro, Enterprise) by supplier limit, capped at 30, 80, 200 or 750 suppliers; free for suppliers |
| Free Option | Free for suppliers; buyer demo on request |
| Replaces | OneTrust Vendorpedia, Prevalent, spreadsheet questionnaires |
Detailed Review
Risk Ledger Ltd in London, incorporated in 2018, runs a third-party security risk network where suppliers complete their assessment once and every customer sees the result.
Buyers get supplier risk workflows with continuous monitoring and an nth-party network visualisation, so they can see who their suppliers in turn rely on. Suppliers use the platform free of charge, which removes the usual objection to joining and is the main reason a buyer can expect suppliers to take part without a long negotiation.
The pricing structure is unusually legible for the category. There are four plans, Essentials, Standard, Pro and Enterprise, capped at 30, 80, 200 or 750 suppliers, with an open API on all plans. Add-ons cover external attack-surface monitoring and ESG, financial and government risk domains.
The prices themselves are quoted, but the supplier limits are public, which lets a buyer place itself on a plan before the sales call and judge whether the network is sized for its programme. Confirm which add-ons you need before comparing plans, since they change the total.
Two points count against it for an EU buyer. It is a UK company, so it is outside the EU and the EEA and relies on an adequacy decision. And the value of a network depends on how many of your own suppliers are already on it, which you should ask before signing. The pages we reviewed do not state data-hosting location or a security certificate, and the attack-surface monitoring is an add-on rather than part of the base plans.
What Risk Ledger does well
- Suppliers answer once and every customer sees the result
- Free for suppliers
- Plans capped at 30, 80, 200 or 750 suppliers, with the limits published
- Open API on all plans
- Nth-party network visualisation and continuous monitoring
Where Risk Ledger falls short
- UK entity, outside the EU and the EEA
- Prices quoted rather than published
- External attack-surface monitoring is an add-on
- Hosting location and certifications not stated on the pages reviewed
Standout feature. A network where suppliers answer once and pay nothing, with published supplier limits per plan.
Pros and Cons
Pros
- Suppliers answer once and every customer sees the result
- Free for suppliers
- Plans capped at 30, 80, 200 or 750 suppliers, with the limits published
- Open API on all plans
- Nth-party network visualisation and continuous monitoring
Cons
- UK entity, outside the EU and the EEA
- Prices quoted rather than published
- External attack-surface monitoring is an add-on
- Hosting location and certifications not stated on the pages reviewed
Alternatives to Risk Ledger
Frequently Asked Questions
What is Risk Ledger?
Risk Ledger Ltd in London, incorporated in 2018, runs a third-party security risk network where suppliers complete their assessment once and every customer sees the result.
Buyers get supplier risk workflows with continuous monitoring and an nth-party network visualisation, so they can see who their suppliers in turn rely on. Suppliers use the platform free of charge, which removes the usual objection to joining and is the main reason a buyer can expect suppliers to take part without a long negotiation.
Where is Risk Ledger based?
Risk Ledger operates from London, United Kingdom, which places it under United Kingdom (adequacy decision, outside the EEA).
What does Risk Ledger cost?
Four quoted plans (Essentials, Standard, Pro, Enterprise) by supplier limit, capped at 30, 80, 200 or 750 suppliers; free for suppliers. Free for suppliers; buyer demo on request.
Who is Risk Ledger best for?
Security teams that want suppliers to answer once, and for free. A network where suppliers answer once and pay nothing, with published supplier limits per plan.
What are the drawbacks of Risk Ledger?
UK entity, outside the EU and the EEA. Prices quoted rather than published. External attack-surface monitoring is an add-on. Hosting location and certifications not stated on the pages reviewed.
Is Risk Ledger a good alternative to OneTrust Vendorpedia?
Risk Ledger is built as a European alternative to OneTrust Vendorpedia: London third-party security risk network where suppliers answer once and every customer sees the result. It will not be a like-for-like feature match in every respect, so check the review above for where the two genuinely differ before switching.
How does Risk Ledger compare to other Vendor & Third-Party Risk Management Software?
Risk Ledger is one of several European Vendor & Third-Party Risk Management Software we cover. It is most often compared with OneTrust Vendorpedia, Prevalent, spreadsheet questionnaires.