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ReportThe 2026 State of TPRMDownload

The people doing the work tell the story.

From a two-person bank risk team to a national insurer, see what changed when their assessments became faster, their evidence easier to inspect and their teams had more time for judgment.
01 · The stories

Six programs, six ways forward.

Each result belongs to the team that achieved it.

Alviere

HighlightZero new headcount required

How Alviere built an end-to-end third-party risk program without building a bigger team

Alviere replaced spreadsheets and siloed reviews with one connected program for every third party, from vendors and bank partners to prospective clients. It did it without adding headcount.

Read the Alviere story
Edward Jones

HighlightLess manual effort in intake and assessments

How Edward Jones is rethinking third-party risk management with AI

Edward Jones is using AI to reduce manual work, connect fragmented supplier information, and help analysts focus on the risks that matter most.

Read the Edward Jones story
General Bank of Canada

30%more vendor partnerships in six months

General Bank of Canada grew vendor partnerships 30% in six months

Due diligence and risk assessments became 77% faster. Average vendor onboarding fell from 60 days to 14 days.

Read the General Bank of Canada story
Thread Bank

60 to 10 daysvendor onboarding, an 83% reduction

How Thread Bank cut vendor onboarding from 60 days to 10

Onboarding fell from 60 days to 10, and risk assessments run 90% faster. The same two-person team supports more than 30 fintech programs without added headcount.

Read the Thread Bank story
Coastal Community Bank

20 yearsof vendor history consolidated

Coastal Community Bank made AI-driven assessments ready for examiner review

At Coastal, reviewers can trace a control decision to the vendor evidence behind it. Two decades of records now live in one system.

Read the Coastal Community Bank story
Nationwide

HighlightFaster cycles for risk assessments

How Nationwide gave risk analysts more time for judgment

Nationwide's analysts now finish more assessments each month and spend more of each review on risk judgment. The team added continuous cyber-event monitoring within six months.

Read the Nationwide story
02 · Customers by industry

In good company.

These teams work across industries. Six have shared their story in depth.

Healthcare and life sciences

Cencora
CVS Health
Charles River
Guardant

Technology, travel and services

Alaska Airlines
JLL
Elastic
ServiceTitan
Zingage
Alteryx
Rubrik
03 · Customer quotes

In their words.

Six perspectives on what changed.

“If we hadn’t found Coverbase, I had it in my budget to hire three more people, just to do what we’re doing with Coverbase.”
Jorgen Osio Norgaard, Global Head of Compliance, Alviere
“What we’re really looking for is opportunities to reduce manual effort, improve the consistency of our assessments.”
Spencer Funke, Head of Third-Party Risk Management, Edward Jones
“Using Coverbase, we’re able to unlock our vision of becoming a vendor partnership superpower in the open banking ecosystem of North America.”
Adam Ennamli, Chief Risk Officer, General Bank of Canada
“It used to take us 45-60 days to onboard a new vendor, easily. We were narrowly focused on bringing this onboarding timeline down to as little as 10 days, and that’s only possible with Coverbase.”
Elizabeth Blosh-Myers, Director of TPRM, Thread Bank
“We will never do an assessment outside of Coverbase again.”
Chris Morgan, Chief Information Security Officer, Coastal Community Bank
“The tools available could enhance the data we pulled in, but they didn’t make the work faster or easier. In many cases, they actually added complexity.”
Nic Weilbacher, Specialist, Third Party Information Risk Management, Nationwide

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