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Back to Platform Third Party Risk Management

Know Your Vendors.
Control Your Risk.

Nigerian financial institutions rely on hundreds of third-party vendors — from payment processors to cloud providers. Atheris gives you complete visibility into vendor risk with AI-powered assessments built for African regulatory requirements.

70%
Faster vendor onboarding
360°
Vendor risk visibility
100%
CBN/NDPA compliance coverage
24/7
Continuous vendor monitoring
The Challenge

Why Nigerian institutions struggle with third-party risk

Spreadsheet Chaos

Vendor assessments trapped in Excel files and email threads. No centralised view of your third-party risk exposure across hundreds of vendors.

Regulatory Pressure

CBN circulars, NDPA 2023, and SEC guidelines demand formal third-party risk programs — but most institutions lack the tools to comply.

Local Vendor Complexity

Nigerian vendors often lack international certifications. You need risk assessments tailored to the local market, not global templates.

Hidden Concentration Risk

Multiple departments onboarding the same vendors independently — creating invisible single points of failure across your institution.

Key Features

Complete vendor lifecycle management

From onboarding to offboarding, Atheris covers every stage of your vendor relationship — with automation purpose-built for African financial institutions.

AI-Powered Risk Scoring

Automatically score vendors using 50+ risk indicators including financial health, cyber posture, regulatory standing, and local reputation data from Nigerian business registries.

Vendor Due Diligence Portal

Self-service portal where vendors complete risk questionnaires, upload certifications, and provide evidence — reducing your assessment turnaround from weeks to days.

Continuous Monitoring

Real-time monitoring of vendor risk signals including news alerts, CAC filing changes, financial distress indicators, and cybersecurity threat intelligence for Nigerian and African vendors.

Contract & SLA Tracking

Centralised contract repository with automated renewal alerts, SLA compliance tracking, and performance scorecards tied to risk outcomes.

Concentration Risk Analysis

Visualise vendor dependencies across business units, services, and geographies. Identify single points of failure before they become incidents.

Regulatory Compliance Engine

Pre-built assessment templates aligned with CBN Outsourcing Guidelines, NDPA 2023 data processor requirements, SEC regulations, and NAICOM directives for insurance vendors.

Why Atheris

Built different from global TPRM tools

Global vendors like Archer and Diligent treat third-party risk as a one-size-fits-all problem. We don't.

Local First

Nigerian Regulatory Templates

Pre-configured questionnaires for CBN Outsourcing Guidelines, NDPA data processor assessments, and SEC vendor requirements. No need to build compliance templates from scratch.

AI-Powered

African Vendor Intelligence

Our AI pulls from local data sources — CAC filings, Nigerian news outlets, and African business registries — not just Dun & Bradstreet. Get risk signals that matter in your market.

Localised

Naira-Denominated Risk Quantification

Quantify vendor risk exposure in Naira with models calibrated for Nigerian market volatility, FX risk, and local economic conditions — not US-centric benchmarks.

Integrated

Integrated GRC Ecosystem

Vendor risks automatically flow into your enterprise risk register, trigger compliance tasks, and create audit findings. No standalone silos — everything connected in one platform.

How It Works

Vendor risk management in four steps

1

Onboard

Register vendors, assign risk tiers, and send automated questionnaires through the self-service portal.

2

Assess

AI scores vendor responses against 50+ risk indicators. Flag high-risk vendors for enhanced due diligence.

3

Monitor

Continuous monitoring alerts you to changes in vendor risk posture — financial distress, cyber incidents, regulatory actions.

4

Report

Generate board-ready reports on vendor risk exposure, concentration risk, and regulatory compliance status.

Comparison

Atheris TPRM vs. The Rest

Capability Atheris Global TPRM Tools
Nigerian regulatory templates (CBN, NDPA, SEC)
Local vendor intelligence (CAC, NCC, news)
Naira-denominated risk quantification
AI-powered risk scoring
Vendor self-service portal
Integrated with audit, compliance & risk modules
Data hosted in Nigeria (AWS Lagos)
Affordable for mid-tier institutions

Take control of your vendor risk

See how Atheris TPRM helps Nigerian institutions manage hundreds of vendors with confidence — book a personalised demo today.

Request Demo

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