Njordium Vendor Management System
WHAT WE DO
Unified Third-Party Risk, Compliance & Financial Oversight
The Challenge
Organiations today face an unprecedented convergence of regulatory pressure and supply chain complexity. NIS2, DORA, CRA, and GDPR each demand rigorous vendor oversight, yet most companies still manage third-party risk through fragmented spreadsheets, disconnected tools, and manual processes. The result: compliance gaps, audit failures, and hidden financial exposure.
The Solution
Njordium VMS is a purpose-built platform that unifies vendor lifecycle management, multi-framework compliance, risk assessment, AML screening, and financial oversight into a single, intelligent system. Built by cybersecurity and compliance professionals, it delivers the depth regulators demand and the simplicity operations teams need.
Core Capabilities at a Glance:
Multi-Framework Compliance Engine
Automated assessment mapping across NIS2 (10 domains), DORA (7 domains), CRA (6 domains), and GDPR (8 domains), with full ISO 27001, alignment, and implemented according to ISO 31000, and ISO 28001. One assessment, multiple framework outputs.
Intelligent Risk Management
10×10 dual-scoring risk matrices (Brutto/Netto), JSONLogic rules engine, automated risk register, remediation tracking, and incident management with full audit trails.
Complete Vendor Lifecycle
From onboarding and KYC/KYB due diligence through ongoing monitoring, recurring assessments, and offboarding. Geographic risk mapping and concentration analysis included.
AML & Financial Crime
Suspicious Activity Reports (SAR) to FIU/OKrim, Ultimate Beneficial Owner (UBO) screening, source-of-funds verification, and investigation workflow management.
Financial Oversight
Multi-currency budgets, universal invoice extraction (PDF, OCR, Excel, XML, email), AI-powered alert engine with configurable aggressiveness, and self-learning anomaly detection.
Product & Service Governance
CIAP scoring, compliance matrices per product, lifecycle management, SLA/agreement tracking, and KPI monitoring across your vendor portfolio.
Built for Your Entire Organisation
Eight purpose-built roles ensure every stakeholder has exactly the access and tools they need: Administrator, Vendor Manager, Compliance Officer, Risk Manager, Business Owner, AML Investigator, Finance Manager, and Audit Observer. Roles combine freely for lean teams.
Why Njordium Vendor Management System (VMS):
Regulation-Ready
Pre-mapped to NIS2, DORA, CRA, GDPR, and three ISO standards out of the box.
AI-Powered
Intelligent translation, invoice extraction, risk scoring, and anomaly detection.
Audit-Proof
Every action logged to Elasticsearch with immutable audit trails.
Enterprise-Grade
20-container Docker architecture with Prometheus/Grafana monitoring, automated backups with AES-256 encryption, and WebAuthn passkey authentication.
Extensible
RESTful API, modular architecture, self-hosted or cloud deployment.
Contact us for a dialogue on how Njordium can assist your organisational improvement initiatives.
Njord was a character in Norse mythology with the power of the (cyber) sea, the winds (trends), fishing (for intelligence), and wealth (of insights). Njordium addresses the underlying layers, rather than the (‘complex’) layer of symptoms on the surface.
Contact
Stockholm: +46 8 5078 05 06
Malmö: +46 40 686 00 46
reachout@njordium.com