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ReportThe 2026 State of TPRMDownload
Risk you can put a number on.

Give the board quantified risk, not another heat map.

Coverbase quantifies third-party and enterprise risk in financial terms, governs the portfolio against your appetite, and generates board-ready narratives so you lead the risk conversation with evidence.
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Coverbase mark with connected risk signals
01 · The challenge

Board members don't want colors.

They want to know what could go wrong, how likely it is, and what it would cost. Yet most risk programs still run on heat maps and spreadsheets, and reporting season swallows weeks before a single decision gets made.

Coverbase applies FAIR, Value at Risk, and Annualized Loss Expectancy to express exposure in dollars, governs the portfolio against configurable appetite and criticality tiers, and assembles twelve portfolio reports automatically. AI-written risk narratives turn it all into a board-ready story, so you spend your time deciding instead of compiling.

02 · Key capabilities

What CROs get with Coverbase

  1. 01

    Quantified, defensible exposure

    FAIR, Value at Risk, and Annualized Loss Expectancy translate risk into probable financial loss, decomposed into magnitude and frequency so each figure shows its inputs.
  2. 02

    Govern to appetite automatically

    Set organization-wide risk appetite, tolerance thresholds, and criticality tiers, then get alerted when a vendor or business unit exceeds them.
  3. 03

    Concentration and fourth-party visibility

    Surface concentration risk and cascading nth-party dependencies before they become incidents, across the whole portfolio at once.
  4. 04

    Board narratives in one click

    AI-generated risk summaries pair with trending and resilience snapshots to show whether posture is improving or degrading over time.
03 · Benefits

Why CROs choose Coverbase

  1. Lead with evidence

    Answer “what could this cost us?” with math, not anecdotes.

  2. Reclaim reporting season

    Twelve reports assemble themselves from live data, not spreadsheets.

  3. See the whole portfolio

    Concentration, fourth-party, and exit-readiness risk in one view.

  4. Stay ahead of appetite breaches

    Appetite thresholds flag exposure before it escalates.

  5. Trends, not snapshots

    Watch posture move over time with resilience trending.
04 · Proof points
“For the first time I can tell the board what a vendor failure would actually cost us, and back it with FAIR and Value at Risk. The narrative writes itself.”
Chief Risk Officer, Global Financial Services Firm

  • Risk in dollars

    FAIR, VaR, and ALE on every vendor.

  • 12 portfolio reports

    Generated automatically from live data.

  • Board decks in minutes

    AI narratives refreshed on demand.

  • Govern to appetite

    Alerts when exposure exceeds appetite.

Ready for agentic third-party risk and security?

Book a demo