G3 Cyberspace

TRACS

G3 Cyberspace

TRACS (Third-Party Risk & Assurance Control Systems) by G3 Cyberspace is a modular, AI-powered platform designed to revolutionize Third-Party Risk Management (TPRM). It offers an end-to-end solution for automating and streamlining the entire vendor risk lifecycle, from initial onboarding and comprehensive risk assessments to continuous post-contract monitoring and compliance assurance. The platform effectively replaces traditional manual, spreadsheet-based processes with intelligent, automated workflows, enabling organizations to manage complex third-party ecosystems with greater efficiency and accuracy. TRACS provides dynamic questionnaires, automated risk tiering, and sophisticated risk scoring across critical domains including cybersecurity, data privacy, compliance, and Environmental, Social, and Governance (ESG) factors. It facilitates robust pre-contract control tracking, integrates seamlessly with external risk intelligence feeds, and leverages AI for accelerated evidence review, validating vendor documentation such as SOC 2 reports and various certifications. Furthermore, TRACS ensures ongoing compliance by continuously monitoring contract-linked obligations, Service Level Agreement (SLA) performance, control expiry dates, and policy adherence, supported by automated reminders and intuitive dashboard visibility. Tailored for security, legal, and procurement teams, TRACS empowers organizations to make informed, risk-aware decisions, significantly reduce operational overhead, and maintain a resilient security and compliance posture across their extended enterprise.