CISO Tribune

Vendor comparison · 2 companies

Archer vs Third Wave Innovations

Archer sells a governance, risk and compliance platform that connects enterprise risk, compliance, audit, AI governance, ESG, third-party risk and resilience on shared data and one reporting layer. Third Wave Innovations helps growing businesses understand cyber risk, reduce exposure, stay insurable, and recover when something goes wrong. CISO Tribune files both under Third-party risk and security ratings. This page sets the two records side by side: what each sells, where it is based, who owns and funds it, the customers it names and its recent news, each fact numbered to its source.

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  • Archer
  • Third Wave Innovations
Archer vs Third Wave Innovations: Products, Customers and Funding Compared
ArcherArcher sells a governance, risk and compliance platform that connects enterprise risk, compliance, audit, AI governance, ESG, third-party risk and resilience on shared data and one reporting layer.archerirm.comThird Wave InnovationsThird Wave Innovations helps growing businesses understand cyber risk, reduce exposure, stay insurable, and recover when something goes wrong.3rdwave.io
What it sells
  • IT & Security Risk Management[1]A module that helps organizations manage IT and security risk within the Archer platform.
  • AI Governance[1][2]A module for governing the use and risk of artificial intelligence within an organization.
  • Third-Party Governance[1]A module that manages risk related to third-party vendors and suppliers.
  • Audit Management[1]A module that supports internal audit processes and documentation.
  • Enterprise & Operational Risk[1]A module for tracking and managing enterprise-wide and operational risks.
  • Regulatory & Corporate Compliance[1]A module that helps organizations manage regulatory and corporate compliance obligations.
  • Security Awareness Training[1][5]Training that builds employee cyber knowledge and meets compliance training requirements.
Categories
Headquarters
Not stated on its pagesNot stated on its pages
Founded
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Ownership and funding
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Named customers
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Recent news
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G2 and Gartner Peer Insights
  • G2: Not stated on its pages
  • Gartner Peer Insights: Not stated on its pages
  • G2: Not stated on its pages
  • Gartner Peer Insights: Not stated on its pages
Who it fits
Archer states that it delivers enterprise capabilities for companies of all sizes. Archer says its products are designed to meet the needs of GRC teams and business users, and its IT risk material describes roles from IT risk analyst to enterprise risk officer. Archer Evolv can be deployed on-premises or as SaaS.From its own pages, Third Wave Innovations sells mainly to growing businesses, including small and midsized organizations without a full security team. The pages describe customers such as a mid-sized technology company operating in the healthcare space, a services-based organization, and a manufacturing company. Third Wave Innovations aligns security controls with what insurers expect, so organizations that want to maintain cyber insurance coverage and pass underwriting are part of its audience. Security Awareness Training addresses the training requirements of compliance standards including SOC2, PCI DSS, and HIPAA. Automated Detection & Response works with existing tools for network, identity, cloud, endpoint, and office productivity.
Last verified
November 2, 2026October 19, 2026

Where they overlap

  • Archer and Third Wave Innovations are both filed under Third-party risk and security ratings.

Where they differ, field by field

  • Archer's primary category is GRC and integrated risk platforms; Third Wave Innovations's is MDR and managed SOC.
  • Archer is also filed under AI governance. Third Wave Innovations is also filed under Security awareness training and Vulnerability management.
  • Archer lists IT & Security Risk Management, AI Governance, Third-Party Governance, Audit Management, Enterprise & Operational Risk and 1 more. Third Wave Innovations lists Security Awareness Training.

What it sells: Third Wave Innovations

What Security Awareness Training does[1][5]
Security Awareness Training offers a library of over 200 short videos available in multiple languages. It includes customizable phishing simulations and pre-designed courses with dashboards and reports for tracking employee progress. It addresses training requirements of compliance standards including SOC2, PCI DSS, and HIPAA.

Questions about Archer and Third Wave Innovations

What do Archer and Third Wave Innovations sell?
Archer sells IT & Security Risk Management, AI Governance, Third-Party Governance, Audit Management, Enterprise & Operational Risk and 1 more. Third Wave Innovations sells Security Awareness Training.
Are Archer and Third Wave Innovations in the same category?
They share Third-party risk and security ratings. Archer's primary category is GRC and integrated risk platforms and Third Wave Innovations's is MDR and managed SOC.
Who are Archer and Third Wave Innovations sold to?
Archer states that it delivers enterprise capabilities for companies of all sizes. From its own pages, Third Wave Innovations sells mainly to growing businesses, including small and midsized organizations without a full security team.

About Archer

Archer sells a governance, risk and compliance platform that connects enterprise risk, compliance, audit, AI governance, ESG, third-party risk and resilience on shared data and one reporting layer. Archer brings risk, controls, obligations and evidence into one governed system. Archer says regulatory change moves faster than teams can interpret, assess and operationalize it. More than 1,500 organizations run on Archer, including half the Fortune 500.[2][3]

Archer Evolv adds AI-powered intelligence to an existing GRC program and connects regulatory change obligations, controls, policies and assurance evidence. Archer Evolv can be deployed standalone or alongside Archer GRC, on-premises or SaaS. Archer describes a system of record, a system of intelligence and a system of outcomes as one connected foundation that uses existing permissions and audit trail. Archer Evolv turns data from the GRC environment into governed intelligence with AI operators.[3][6]

Workplace is where Evolv operators run, and each operator handles one governed task, such as mapping a new obligation to the controls it touches. In Archer, a reviewer approves the result of an operator before it reaches the customer's controls. Archer Evolv operators run third-party reviews end to end, monitor vendors between assessments and enforce the customer's requirements. Archer Evolv operators monitor technology risks, controls and issues, enforce the customer's standards and rank what needs attention first. Archer monitors 8,000+ regulatory sources across 180 jurisdictions, from SEC and FINRA to DORA, and flags what applies to a business.[3][4]

Archer Evolv assesses each citation against a customer's jurisdictions, products and legal entities. A wizard in Archer captures a customer's jurisdictions, entities, products and themes, and assesses each incoming citation against that profile. Archer parses citations, rulebooks, statutes and a customer's own policies into discrete obligations, each linked to its type, its theme and its source citation. Archer clusters up to 10,000 obligations per assessment by meaning. Archer compares a customer's obligations against the controls it already holds, names the gaps and conflicts and proposes a resolution. Archer Evolv extracts obligations, maps them to controls and business units, routes the assessment to named owners and publishes the result into Archer.[5]

Archer turns regulations and a customer's policies into live AWS Bedrock guardrails that are enforced before the model is invoked. Guardrails are deployed as drafts and go live only after the customer approves them. Traffic is evaluated against guardrails before inference inside the customer's AWS account, and violations are blocked and logged as a governed control breach. Every deployed guardrail is tested on a cycle against the control the customer approved. Findings from each violation route into Archer issue management workflows. Prompt content, model responses, documents, embeddings, customer PII and model weights do not reach Archer, and only the violation event does.[6]

Archer's IT and security risk offering has nine interconnected use cases with workflows that move findings and controls from assessment through closure. Archer's IT risk register catalogs the organization and its IT assets and logs each IT risk against the systems it touches. Archer tests IT controls on a project schedule and pulls in results from automated systems. Archer ranks threats and vulnerabilities by what they put at risk in the business, using asset context and scan results. Archer ships current security frameworks and control catalogs with the use case, including the ISO 27000 series, COBIT 5, the NIST 800 series and PCI DSS. Archer rolls test results up to the primary control and reports compliance for each control set separately. Archer stores evidence in a versioned repository as tests run, tied to the control and the standard it serves.[7][8]

Archer gives financial institutions one connected view of obligations, controls and risk. Archer connects regulatory compliance, third-party risk, operational risk and IT security in one system. Archer helps government agencies unify FedRAMP, CMMC and FISMA obligations. Every control in Archer links back to the exact FedRAMP, CMMC or FISMA requirement it satisfies, and every AI output goes through Expert-in-the-Loop review. Archer tests controls against live evidence, flags a gap as it appears, routes it to an owner and keeps a time-stamped record. Archer translates risk into financial terms based on modeled loss exposure and stated assumptions. Archer states SOC 2 Type II and ISO 27001 and describes 25+ years as a system of record. The Archer Vulnerability Response Team coordinates the response and disclosure for all product vulnerabilities reported to Archer.[2][3][4][6][7][8][9][10]

Archer on the record

Sources

Archer full record

  1. [1]archerirm.comArcher · archerirm.com · undated page, accessed November 2, 2026 · Tier A
  2. [2]About Archer – GRC & Risk Management Solutions | ArcherArcher · undated page, accessed November 10, 2026 · Tier A
  3. [3]Archer® | Regulatory Change ManagementArcher · undated page, accessed November 10, 2026 · Tier A
  4. [4]Financial Services | ArcherArcher · undated page, accessed November 10, 2026 · Tier A
  5. [5]Archer Evolv Compliance for AI-Powered Enterprise ComplianceArcher · undated page, accessed November 10, 2026 · Tier A
  6. [6]Archer Evolv™ AI Compliance | ArcherArcher · undated page, accessed November 10, 2026 · Tier A
  7. [7]IT & Security Risk Management | ArcherArcher · undated page, accessed November 10, 2026 · Tier A
  8. [8]Archer Regulatory & Corporate Compliance ManagementArcher · undated page, accessed November 10, 2026 · Tier A
  9. [9]Government GRC Solutions | ArcherArcher · undated page, accessed November 10, 2026 · Tier A
  10. [10]Vulnerability Response Policy | ArcherArcher · undated page, accessed November 10, 2026 · Tier A

Third Wave Innovations full record

  1. [1]3rdwave.ioThird Wave Innovations · 3rdwave.io · undated page, accessed October 19, 2026 · Tier A
  2. [2]About Us | Third Wave InnovationsThird Wave Innovations · undated page, accessed November 10, 2026 · Tier A
  3. [3]Home | Third Wave InnovationsThird Wave Innovations · undated page, accessed November 10, 2026 · Tier A
  4. [4]Case Studies | Third Wave InnovationsThird Wave Innovations · undated page, accessed November 10, 2026 · Tier A
  5. [5]Security Awareness Training | Third Wave InnovationsThird Wave Innovations · undated page, accessed November 10, 2026 · Tier A

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