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Abstract Structure

ThirdŌrbit

TPRM Platform
Incubator Member
ThirdŌrbit

CONTACT INFORMATION

Tunde Ogunkoya, Founder

Email: tunde@thirdorbit.io

LinkedIn: linkedin.com/in/tundeogunkoya  

ThirdOrbit is an actuarial-grade Third-Party Risk Management (TPRM) platform purpose-built for regulated industries, particularly African Enterprises. Founded in South Africa, ThirdOrbit applies Bühlmann credibility theory, an established actuarial methodology to vendor risk scoring, producing mathematically defensible 0–999 risk scores with complete audit trails. The platform's FORCES methodology (Financial, Operational, Regulatory, Concentration, External, Security) provides six-dimension risk decomposition with AI-powered evidence verification, resolving the cold-start problem that plagues traditional TPRM tools. ThirdŌrbit natively supports POPIA, NDPA, SARB directives, and CBN frameworks, NOGICD Act 2010 (as amended by PIA), MPRDA 2002, serving regulated enterprises across banking, insurance, telecommunications, Oil& Gas and energy sectors in South Africa, Nigeria, and Kenya.  

TOP PRODUCT FUNCTIONALITY CATEGORIES

  1. Vendor Risk Scoring (Actuarial-Grade, Bühlmann Credibility)

  2. Third-Party Risk Assessment & Questionnaire Management

  3. AI-Powered Evidence Verification & Inconsistency Detection

  4. Regulatory Compliance Assessment (POPIA, NDPA, SARB, CBN)

  5. Continuous Security Monitoring (External Integration)

  6. Knowledge Base Auto-Fill with Three-Tier Answer Orchestration

  7. Model Governance & Parameter Sensitivity Analysis

  8. Contract Risk Management & SLA Monitoring

  9. Vendor Ecosystem Mapping (Orbit Map Visualization)

  10. TPRM-as-a-Service (Managed Assessments for ALL Enterprises)  

RESOURCES FROM THIS VENDOR MEMBER

EVENTS FROM THIS VENDOR MEMBER

NEWS & UPDATES

ADDITIONAL OPPORTUNITIES

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