Third-Party Risk Management (TPRM) and Assurance Services

Protect your business and clients with third-party risk management consultancy

• Greater organisational resilience from an increased understanding of their third-party risks, the mitigation strategies and alignment with risk appetite.
• Increased economic benefits, including reduced costs, better allocation of resources and increased transparency through consistent application of best practices.
• More efficient processes through harnessing technology to enable automation of third-party management practices, providing the assurance needed for effective supply chain risk management.
• Ensures a more holistic view of third-party risks within your organisation from contracts, procurement, service performance management, risk management and contract lifecycle management.
• Enables effective mitigation of supply chain risks including data, cyber security, information security and operational continuity. Weaknesses in third-party management programmes and environments can be exploited to the detriment of client firms.
• Better preparedness, providing “playbooks” when the inevitable happens and a third party’s internal controls are breached.
• Enhanced management and organisational confidence in the adoption and implementation of third parties and outsourcing models.
• Greater access to skilled and experienced resources necessary to manage an organisation’s third party against a backdrop of increasing complexity, greater dependence and integration and more regular threats.
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