Third Party Risk Management (TPRM) Services

In today’s world, even small businesses are vulnerable to the risks posed by third-party vendors. Our Third-Party Risk Management services ensure you have a proactive plan in place to address potential risks from the start:

Conduct thorough vendor assessments before onboarding, focusing on financial stability, cybersecurity, compliance, and operational risk
Implement ongoing vendor monitoring through audits, performance reviews, and scorecards to stay on top of any changes or issues
Develop and manage Key Performance Indicators (KPIs) and Service Level Agreements (SLAs) to ensure your vendors meet or exceed expectations
Mitigate risks associated with data security breaches, non-compliance, or vendor failure that can have significant financial and operational impacts

Other services available under this segment heading:

►Third Pary Risk Management as a Service

►Staff Augmentation

►Vendor Risk Assessments

►Vendor Tiering/Risk Scoring

►Ongoing Monitoring

►TPRM Policy Development

►Regulatory Alignment

►Training & Awareness

►Due Diligence & Onboarding

►Compliance Management

►Risk Framework Design

►Incident Response Plan

►Vendor Exit Strategies