Phinity Risk Solutions — Review, Assessment & Pricing | Applied Verdict

Phinity Risk Solutions

by Phinity Risk Solutions

Founded: 2016 · Visit website

About Phinity Risk Solutions

Phinity Risk Solutions develops cloud applications for the information risk and governance market, integrating into risk and compliance processes to help organizations decrease risk exposure through unified platform management.

Phinity Risk Solutions positions as a configurable, multi-domain risk platform that embeds into existing organizational processes rather than forcing standardized workflows. Their differentiator appears to be professional services-led rapid implementation (Phast-Start accelerator) combined with deep customization capabilities, particularly for financial services and insurance firms needing specialized compliance automation across TPRM, ISMS, and regulatory domains within a single integrated platform.

Product Areas

Compliance ManagementCyber & Information Security RiskThird-Party Risk ManagementPrivacy & Data Protection

AV Expert Opinion

Phinity Risk Solutions is a cloud-based risk management platform provider focused on integrated information risk and governance processes. They offer a modular approach covering TPRM, ISMS, privacy compliance, insurance compliance, procurement compliance, and risk response management with emphasis on workflow automation and customizable assessments.

Best suited for: Mid-market organizations seeking to digitize and automate manual risk management processes across multiple domains (TPRM, privacy, ISMS) within a single platform; Financial services and insurance firms requiring specialized compliance workflows for outsourcing, distribution, and regulatory requirements; Organizations with immature TPRM programs looking for guided implementation (evidenced by their 'Phast-Start' 4-week accelerator offering); Companies needing customizable risk assessments and workflows that can adapt to existing processes rather than forcing platform-native methodologies