How to Design a Third Party Management IT Architecture

Session 3 of 3

Third party management requires a robust, adaptable IT architecture that models the complexity of third party information, transactions, interactions, and relationships and supports the timely data collection and analysis of third-party information with best-in-class technology. Implemented properly, a third party management architecture provides stake-holders with a single version of the truth regarding third party performance and risk, and enables those stake-holders to respond quickly and precisely when new third party risks arise. Part 3 of the webinar series will describe:

  • Components and requirements for a third party information architecture
  • Types of third party management information and how this information integrates into third party processes
  • Available third party management technologies and what best serves the organization
  • Technical and organizational requirements for third party management platforms
  • Building a business case for third party management platforms 

Please enjoy podcast sessions 1 & 2, links below.

 

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

For a comprehensive examination into the business motivations that drive a successful business case for TPRM, read our complete White Paper The Business Case For Better Third Party Risk Management - Better business outcomes through good governance.

Aravo - The Business Case For Better Third Party Risk Management_sm.png

 

Related Content:

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

Analyst Podcast - Session 2 - How to Define a Third Party Management Process Life Cycle

Executive Download - Third Party Risk Management in the Dynamic of Business Scale, Complexity, and Change

Executive Download - Buyers Guide to Third Party Risk Management

Executive Overview - The New GDPR: Taking A Strategic Approach To An Internationally-Focused Data Protection Rule

OCC Update Briefing 2017-7 - The OCC's Supplemental Examinations Procedures for Third Party Relationships Raising the Bar for Banks' Third Party Risk Management

Infographic EU GDPR & Third Party Risk - 5 Steps You Can Take Today

Blog - Third Party Risk: Why Global 2000 Companies Should Be Focused on Third Party Compliance

Request A Demo of Aravo Third Party Risk Management Solutions