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. 

 

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For more information about the Aravo solution for Third Party Risk Management, please contact us.

 

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Analyst Podcast - Session 1 - How to Develop a Third Party Management Strategy

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