This white paper looks at the strategic underpinnings of a best practice approach to third party risk management (TPRM), including:
- The TPRM life-cycle
- TPRM-related compliance programs
- Core TPRM functionality
- Important “30,000 feet high” questions
It then provides a deep-dive into the seven key areas for consideration when assessing third party risk management solutions:
- Configuration
- Integration
- Usability
- Third party engagement
- Management
- Analysis
- Technical questions
The paper is an invaluable resource for organizations assessing their TPRM program and technology requirements. With more than 120 questions and points of evaluation – it will help organizations keep a strong focus on both their strategy for third party risk management, as well as their tactical requirements when exploring the purchase of a new solution.
For more information about the Aravo solution for Third Party Risk Management, please contact us.
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