Mirato unveils advanced Third-Party Risk Management platform

Mirato, a provider of third-party risk management (TPRM) solutions, has unveiled an advanced platform for financial institutions in the U.S. The platform offers unparalleled visibility into risk by applying AI and natural language processing (NLP) to identify concentration risks and their cascading effects. Mirato is the first company to automate and orchestrate TPRM programs across all risk domains, streamlining processes and eliminating manual work. The platform collects and analyzes data from various sources and transforms it into actionable insights, enabling banks to stay ahead of risk exposure and compliance. The announcement of this new platform coincides with the completion of a $9-million funding round led by Grove Ventures, a leading venture capital firm in Israel.

>> Click here to read the full article originally published in Business Wire: Mirato Unveils Advanced Third-Party Risk Management Platform to Provide Financial Institutions Unparalleled Visibility into Risk