Diligent acquires AI-driven 3rdRisk to enhance its risk management software with automated vendor oversight.

Diligent has acquired 3rdRisk, an AI-powered third-party risk management platform, to strengthen its governance, risk, and compliance software. The integration adds automated vendor profiling, assessments, and contract analysis, reducing audit preparation time from months to weeks. The move addresses growing regulatory and board-level concerns over supply chain, cyber, and outsourcing risks. The combined solution offers a unified, AI-driven view of vendor risks across organizations, supporting teams from the boardroom to operations. The acquisition supports Diligent’s broader AI strategy, complementing recent product launches. 3rdRisk, founded in the Netherlands, will maintain its focus on automating manual work while preserving human oversight. Financial terms were not disclosed, but demand for structured vendor oversight is expected to drive adoption.