Aravo Wins 2025 TPRM Innovator Award by the Third Party Risk Association

Intelligence First™ Platform Empowers Organizations to Optimize Third-Party Risk Management as Global Challenges Grow More Complex

Aravo, a leading provider of third-party risk management solutions powered by intelligent automation, announced today that it has won the 2025 TPRM Service Provider Innovator Award presented by the Third Party Risk Association (TPRA). The award recognizes Aravo’s dedication to continuous innovation, delivering efficient and effective solutions that enable risk management professionals to thrive. TPRA also recognized winners across three additional award categories at the end of last month, of which Aravo was named winner of the Excellence Award in the GRC/TPRM Platform category.

The combined TPRA recognitions highlight Aravo’s Intelligence First™ Platform, which is powered by innovative AI capabilities, and its role to help organizations manage and mitigate third-party risks as they navigate ongoing geopolitical tensions, economic uncertainty, cybersecurity threats, shifting global trade policies, and evolving regulations, like the Digital Operational Resilience Act (DORA) and the Corporate Sustainability Reporting Directive (CSRD).

With Intelligence First™, organizations can efficiently assess, monitor, and mitigate risks across 36 domains, including cybersecurity, ESG compliance, anti-bribery and corruption (ABAC), and data privacy. By centralizing third-party data and automating risk processes, Intelligence First™ empowers teams to cut through noise, reduce manual effort by over 80%, and focus on high-priority risks.

The TPRA awards focused on three key areas of Aravo’s Intelligence First™ Platform to deliver actionable insights and streamline workflows through the following AI-powered capabilities:

• Aravo AI Engine: Automates screening and monitoring processes by integrating data from leading risk intelligence providers. This reduces manual reviews and false positives while enabling broader risk coverage.
• Aravo Evaluate Engine: Offers customizable risk scoring models that allow organizations to align assessments with their unique priorities, ensuring a tailored approach to third-party risk management.
• Intelligence First™ Approach: Enhances vendor onboarding by eliminating reliance on traditional questionnaires. Instead, it integrates trusted data sources to provide faster, more accurate risk evaluations.

"The ability to swiftly and accurately identify and address risks is more critical than ever for global organizations. Risk professionals need to balance the promise of new technologies like AI with the reality of operational demands and security,” said Dean Alms, Chief Product Officer at Aravo. “Our Intelligence First™ Platform is transforming how global enterprises approach third-party risk management in light of growing complexities. By combining intelligent automation with deep domain expertise, we help our customers achieve faster insights, smarter decisions, and stronger resilience."

With over 25 years of experience, Aravo has supported some of the world’s largest brands in managing diverse supply chains and complex risk ecosystems. The Intelligence First™ platform serves as a centralized solution for all third-party data, providing visibility throughout the lifecycle of vendor relationships—from onboarding to offboarding. Key features include TPRM dashboards and reporting, third-party management, due diligence and risk evaluation, remediation tracking, custom workflows, API integrations, and more.

For more information on how Aravo’s Intelligence First™ Platform can accelerate your organization’s third-party risk management program, visit www.aravo.com.

About Aravo

Aravo is a provider of leading third-party risk management solutions powered by intelligent automation software. Designed to meet the needs of third-party risk management teams at Global 2000 enterprises, Aravo helps organizations thrive in a global economy with growing security, regulatory, and brand risk. With its innovative Intelligence First™ Platform purpose-built to manage third-party risk, Aravo uses AI to optimize time-intensive processes and drive better business outcomes. Trusted by over 5 million third-party users and 5,000 corporate users in 170+ countries, Aravo’s software and expert services empower global enterprises to mitigate risk, build business resilience, and promote brand integrity across their extended enterprise.

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The award recognizes Aravo’s dedication to continuous innovation, delivering efficient and effective solutions that enable risk management professionals to thrive.