In today’s interdependent world, proactively monitoring the financial and operational viability of your third-party ecosystem is the key to sustaining your business.
Third-party Risk Management is complex but critical. Tracking your policies and regulatory obligations is difficult enough, but ensuring that all your vendors hold up their end of risk management can quickly become an arduous task.
Managing third-party risk can be tedious and time-consuming. In many cases, the workload becomes overwhelming, leading to missed observations, little-to-no follow-up, and an inaccurate picture of your third-party risk posture.
‘Third-Party Risk Management’ as a Service is a unique managed service model that supports your growing third-party risk management needs. The model offers an opportunity to select from ala carte services required to meet the on-demand, short-term, and long-term risk management requirements.
We provide tiered services to meet your individual needs that cover one or more of the following phases in a standard third-party assessment lifecycle
Our flexible TPRM framework where you own the data is bolted on your existing program and GRC/TPRM tools implemented to manage third-party risks.
The following activities are performed as part of each phase of the third-party lifecycle:
To provide you with the best service experience, we have partnered with the industry leading third-party data providers like RiskRecon, RapidRatings, CyberGRX, BlackKite.
With our tool agnostic approach we enable you to get up and running with your TPRM program no matter if you are just starting out or have mature TPRM processes established.
We provide pre-built plug ‘n play TPRM solutions that you can leverage as is or as the first building block for automating your TPRM program lifecycle.
Our fit-for-purpose approach provides you with
Together with leading technology and service providers, we are committed to curate and bring the latest in innovation and capability
to enable you to transform your third-party risk management program.
