Phinity Risk Solutions
Phinity Risk Solutions provides a cloud-based Integrated Risk Management SaaS platform covering third-party risk, ISMS, privacy, insurance, and vulnerability compliance for enterprise customers in financial services, insurance, retail, and the public sector.
- Company typePrivate
- Founded2016
- HeadquartersDublin, Ireland
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What Phinity Risk Solutions does
Phinity Risk Solutions is a private SaaS vendor of an Integrated Risk Management (IRM) cloud platform, founded in 2016 by Patrick Ryan as a digital division of South African consultancy Mobius Group and now operating as a UK-incorporated entity headquartered in Westminster, London. The platform consolidates multiple risk domains — Third Party Risk Management (TPRM), Information Security Management System (ISMS) automation, Privacy Compliance, Insurance Compliance, Risk Response Management, Vulnerability Remediation, Continuous Compliance via Robotic Process Automation, Essential Risk Management, and a Code of Practice module for Irish state bodies — onto a single cloud workflow engine with pre-defined assessment libraries, configurable scoring, real-time dashboards, and integration hooks into procurement (Autopilot) and identity management (CyberIAM) systems.
The business sells primarily to enterprise customers in financial services, insurance, retail, and the public sector, with named deployments at Santam, Woolworths, and Growthpoint producing documented outcomes such as reducing a three-year manual TPRM programme to three months. Revenue is generated through annual SaaS subscriptions (12-month minimum terms), fixed-fee implementation packages such as the €15,000 Phast-Start TPRM offering, and professional services delivered through a partner-first model that includes Mobius Consulting as implementation lead, plus Referral, Resell, and Managed Risk Service Provider channels. The firm operates with a very lean internal team of 1–10, is privately held under parent Mobius Services (Pty) Ltd with no disclosed external funding, and has built credibility through two ISACA Max Blecher Innovation Awards (2017, 2021), Deloitte RegTech Universe 2022 recognition, and a 5-star Capterra rating.
Phinity Risk Solutions firmographics
Firmographics- Name
- Phinity Risk Solutions
- Legal name
- Phinity Risk Solutions
- Website
- https://phinityrisk.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Phinity Risk Solutions provides a cloud-based Integrated Risk Management SaaS platform covering third-party risk, ISMS, privacy, insurance, and vulnerability compliance for enterprise customers in financial services, insurance, retail, and the public sector.
- Ownership category
- akta.pro rank
Phinity Risk Solutions industry classification
Industry- Product category
- Integrated Risk Management Software (GRC / RegTech)
- NAICS
- Software Publishers (5132)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Third-Party/Vendor Risk Management (TPRM/VRM) (HDADAIAE)
Keywords
Where Phinity Risk Solutions is headquartered
LocationHeadquarters
- HQ city
- Dublin
- HQ country
- Ireland
- HQ region
- Europe
Offices5 records
Markets served
Phinity Risk Solutions business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- SaaS Platform Subscription: Cloud-based software subscriptions for the Phinity Integrated Risk Management platform. Customers subscribe to access the platform with various modules including TPRM, ISMS, Privacy Compliance, Insurance Compliance, Risk Response Management, and Vulnerability Remediation. Subscriptions typically run 12 months or longer.
- Phast-Start TPRM Package: Fixed-fee package at €15,000 including 12-month Phinity TPRM Professional license plus approximately 80 hours of professional services for rapid implementation.
- Professional Services: Implementation, configuration, training, and consulting services delivered through certified partner network. Includes framework definition, questionnaire customization, third-party imports, risk profiling, and control assessments.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Phast-Start TPRM Package - Fixed fee rapid implementation |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels8 records
Phinity Risk Solutions product offering
Product offeringCore offering
Phinity Risk Solutions develops and sells a cloud-based integrated risk management SaaS platform that automates third-party risk management, information security management (ISMS), privacy compliance, insurance compliance, vulnerability remediation, procurement compliance, and risk response workflows. Customers subscribe to the platform (with module selection) and can accelerate onboarding through the fixed-fee PHAST-START TPRM package, supported by professional services delivered through a partner network.
Product overview
Phinity Risk Solutions offers a cloud-based integrated risk management platform with multiple specialised solution modules. The core Phinity Risk Solutions Platform serves as the centralised hub, with modules including Third Party Risk Management (TPRM), PHAST-START TPRM (accelerated onboarding), Procurement Compliance, Information Security Management System (ISMS), Privacy Compliance, Insurance Compliance, Risk Response Management, Vulnerability Remediation, Continuous Compliance, Essential Risk Management, and the Code of Practice for the Governance of State Bodies solution. Additional offerings include the Phinity and Autopilot Procurement Compliance integration. All solutions share the same underlying cloud platform architecture for data centralisation, workflow automation, real-time reporting, and audit trails.
Differentiator
Problem solved
Functional benefit
Products and services
- Phinity Risk Solutions Platform The core cloud-based SaaS platform that underpins all Phinity solutions, integrating into customers' risk and compliance processes to decrease risk exposure. Provides a single centralised risk management platform with configurable dashboards, automated workflows, real-time reporting, evidence management, RPA-driven continuous compliance, and modular solutions covering TPRM, ISMS, Privacy, Insurance, Vulnerability, Procurement, and Enterprise Risk.
- Third Party Risk Management (TPRM) Primary cloud platform solution for monitoring, evaluating, and reporting on third-party vendors and their potential risk to an organisation. Covers Identify, Digitise, Assess, Report, and Respond steps with automated workflows, real-time risk ratings, pre-defined questionnaires, and detailed reporting for enterprise customers managing vendor ecosystems.
- PHAST-START: TPRM
Quantifiable outcome
- Santam completed 3-year TPRM project in 3 months using Phinity platform
- +3 more outcomes
Companies that use Phinity Risk Solutions
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles4 records
Phinity Risk Solutions technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
AI capability1 record
Feature12 records
Phinity Risk Solutions partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core, strategic and minor.
- Mobius ConsultingcoreParent company and primary implementation partner. Mobius Consulting founded in 2012 and established Phinity Risk Solutions in 2016 as digital division. Provides consulting services for implementation and integration of Phinity platform.
- CyberIAMstrategicStrategic technology partnership announced to provide advanced workflow and automation capabilities for customers. Firms collaborating to deliver unique workflow and automation solutions.
- AutopilotcoreIntegration partnership for Procurement Compliance solution. Autopilot supports integration with additional solutions such as payments, tasks, and onboarding. Combined solution transforms procurement departments through innovation and automation.
- MazarsminorLogo displayed on partner page indicating channel partnership relationship.
- Managed Risk Service ProviderscorePartner program where partners manage clients' specific IT risk programs by subscribing to discounted Phinity license per client who has outsourced their IT security and compliance.
- Referral PartnerscorePartner program where partners recommend Phinity to clients evaluating risk management solutions. Full support throughout sales cycle with alignment on requirements, implementation, and training.
- Resell PartnerscorePartner program where partners resell Phinity platform to clients. Phinity provides full support to partner and client throughout sales process and beyond.
Scale indicators4 records
Recent moves7 records
Expansion highlights5 records
Phinity Risk Solutions competitors and assessment
Company assessmentDirect peers
- Prevalent: Prevalent provides a unified TPRM platform combining vendor questionnaires, risk ratings, and continuous monitoring, competing directly with Phinity in workflow-driven third-party risk assessments and reporting.
- Aravo: Aravo offers a TPRM and supplier lifecycle management platform with assessments, risk scoring, and analytics workflows, addressing the same enterprise vendor-risk use cases Phinity targets with its TPRM module.
- Venminder: Venminder is a TPRM-focused SaaS provider offering vendor risk assessments, due diligence, ongoing monitoring and a dedicated Third Party Risk Network - a comparable single-purpose TPRM platform to Phinity.
- Whistic: Whistic provides vendor security assessment and TPRM software enabling proactive vendor sharing of security documentation and continuous monitoring - a direct competitor to Phinity's assessment-driven TPRM workflow.
- ProcessUnity: ProcessUnity is a leading SaaS platform for third-party risk management and vendor lifecycle management, offering workflow automation, assessments, and continuous monitoring - directly comparable to Phinity's core TPRM module.
Broad incumbents
- OneTrust: OneTrust is a broad trust intelligence platform covering privacy, GRC, ethics, ESG and TPRM; it is much larger than Phinity and serves overlapping privacy/compliance workflows but as part of a much wider product portfolio rather than a focused TPRM tool.
- ServiceNow Integrated Risk Management: ServiceNow IRM is a large enterprise platform for risk, compliance, audit and vendor risk management embedded in ServiceNow's broader workflow cloud - a major incumbent competitor Phinity is positioning against with rapid onboarding and integrated mid-market appeal.
- RSA Archer (now Regnology Archer): RSA Archer is a long-standing enterprise GRC/IRM suite covering operational risk, vendor risk, compliance and audit; an established incumbent serving large enterprises where Phinity positions as a lighter, faster alternative.
- AuditBoard: AuditBoard is a cloud-based GRC platform focused on audit, risk and compliance management with TPRM workflows; a comparable enterprise SaaS in the same buyer category as Phinity but with a much larger customer base and footprint.
Emerging players
- LogicGate Risk Cloud: LogicGate offers a no-code GRC and TPRM platform that overlaps with Phinity's workflow-driven risk modules but is positioned closer to enterprise/mid-market with rapid configurability - similar in agility, slightly different in scale.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Phinity Risk Solutions social profiles
Digital presencePhinity Risk Solutions financial estimates
Financial estimateRevenue estimate
Valuation estimate
Phinity Risk Solutions leadership team
Management profileNumber of profiles
Profiles3 records
Phinity Risk Solutions funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Phinity Risk Solutions M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Phinity Risk Solutions
What does Phinity Risk Solutions do?
Phinity Risk Solutions develops and sells a cloud-based integrated risk management SaaS platform that automates third-party risk management, information security management (ISMS), privacy compliance, insurance compliance, vulnerability remediation, procurement compliance, and risk response workflows. Customers subscribe to the platform (with module selection) and can accelerate onboarding through the fixed-fee PHAST-START TPRM package, supported by professional services delivered through a partner network.
Is Phinity Risk Solutions a public or private company?
Phinity Risk Solutions is a private company. It is classified as corporate owned and is currently operating.
When was Phinity Risk Solutions founded?
Phinity Risk Solutions was founded in 2016. It employs 1 to 10 people.
Where is Phinity Risk Solutions based?
Phinity Risk Solutions is headquartered in Dublin, Ireland, in the Europe region.
How does Phinity Risk Solutions make money?
Three revenue lines are on record. SaaS Platform Subscription is the primary driver. The others are phast-Start TPRM Package and professional Services.
Who are Phinity Risk Solutions's main competitors?
Direct peers on record are Prevalent, Aravo, Venminder, Whistic and ProcessUnity. Broad incumbents are OneTrust, ServiceNow Integrated Risk Management, RSA Archer (now Regnology Archer) and AuditBoard. LogicGate Risk Cloud is listed as an emerging player.
Does Phinity Risk Solutions have an API?
No public API is recorded for Phinity Risk Solutions.
What industry is Phinity Risk Solutions in?
Phinity Risk Solutions's product category is Integrated Risk Management Software (GRC / RegTech). Its primary akta.pro industry code is HDADAIAE, Third-Party/Vendor Risk Management (TPRM/VRM). Its NAICS code is 5132 and its SIC code is 7372.