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. 

Aravo White Paper - Buyer's Guide to Third Party Risk Management.png

Related Content:

White Paper - The Business Case For Better Third Party Risk Management

White Paper - Third Party Risk Management in the Dynamic of Business Scale, Complexity, and Change

Global Benchmarking Survey – Third Party Risk: A Journey Towards Maturity

White Paper - Evaluating Third Party Risk and Performance – Best practice approaches to risk and performance scoring and automated workflow

Request A Demo of Aravo Third Party Risk Management Solutions