Njordium Vendor Management System
Njordium VMS is a third-party risk management platform built for European organisations operating under multiple regulatory frameworks simultaneously. It replaces parallel compliance programmes with a single vendor assessment that simultaneously satisfies NIS2, DORA, the Cyber Resilience Act and GDPR Article 28 — with the process architected in direct alignment with ISO 31000 and ISO 28001.
Where most TPRM tools add workflow layers on top of existing complexity, Njordium VMS addresses the problem at the architectural level. One assessment event produces seven regulatory outputs and one immutable audit trail, eliminating the disconnected evidence trails that regulators increasingly treat as compliance failures in their own right.
Key capabilities include a three-tier risk-proportionate assessment model (30, 80 or 114 controls scaled to vendor criticality), full Nth-party sub-vendor mapping with geographic risk heat mapping, and built-in UBO screening and PEP monitoring for vendor onboarding due diligence. An optional AML Compliance module adds SAR reporting to the FIU and a dedicated investigation workflow for organisations with formal AML/CFT obligations — operating independently from the core financial oversight module.
Every AI decision is auditable and explainable. The platform deploys fully on-premise or in the client's private cloud; no vendor data, risk assessments or investigation records ever leave the client's own infrastructure.
Best for: Compliance, risk and vendor management teams at banks, insurers, payment firms and regulated enterprises operating under EU frameworks including NIS2, DORA, GDPR and AMLA.
Deployment: On-premise · Private cloud
