Mirato

Mirato provides a third-party risk management (TPRM) platform that utilizes artificial intelligence to automate and orchestrate the TPRM lifecycle. The company's solution is designed to serve financial institutions, helping them manage the complexities of third-party risk.

The platform replaces manual, labor-intensive processes with a single dashboard, which can lead to significant time and cost savings for its clients. By leveraging AI and Natural Language Processing (NLP), Mirato's software is trained to complete TPRM assessments based on the user's specific controls framework and the available data from their vendors.

Mirato's business model is centered on providing its software platform to financial institutions, addressing the growing challenges these organizations face in managing third-party risks. The company operates in close partnership with these institutions to ensure its solutions meet their specific needs.

Keywords: third-party risk management, TPRM, artificial intelligence, natural language processing, risk management, financial institutions, data analysis, automation, compliance, vendor management