Aravo Solutions

Aravo invites you to join your peers for an interactive workshop dedicated to third-party risk management strategies and methodologies.

GRC 20/20 analyst Michael Rasmussen will be facilitating this workshop focused on:

michael-rasmussen

Michael Rasmussen

Analyst

GRC 20/20
  • Establishing a business case for third-party risk management that unifies the extended enterprise.
  • Building your own blueprint for effective third-party management.
  • Defining the core components of the third-party management lifecycle.
  • Exploring how technology can further enable your program and promote collaboration across various internal teams in your organisation.
  • Delivering effective third-party governance and assurance to the board of directors, regulators, and stakeholders.

Don't miss this opportunity to learn best practices from experts and exchange ideas with your peers. Gain a deep understanding of the challenges and pitfalls associated with managing third-party risk, and bring back actionable strategies and methodologies that will help transform and mature your TPRM program.

Request Your Seat

What to Expect

In this workshop, participants will gain a holistic perspective on third-party management, mastering both top-down and bottom-up strategies. We’ll delve into integrating third-party management seamlessly into your business strategy, processes, and operations, ensuring a cohesive approach. You’ll explore diverse third-party management architecture models tailored to your organisation’s unique needs, enabling you to make informed decisions. Discover a range of assessment and monitoring techniques designed to safeguard your business effectively. We’ll guide you in developing a structured third-party information architecture that aligns seamlessly with your business operations, enhancing efficiency. Moreover, you’ll learn the art of clear and persuasive communication, essential for gathering attestation and fostering strong partnerships across your entire organisation. Join us to empower your business with comprehensive, strategic third-party management skills.

What Will Be Covered

Part 1: Third-Party Management by Design

  • Why third-party management matters
  • Third parties in disarray: how organisations mismanage third parties
  • Third-party exposure: how mismanaged third parties expose the organisation to risk
  • Current drivers & trends pressuring organisations in third-party management
  • Different ways organisations approach third-party management
  • What effective third-party management achieves: third-party management’s role in governance, risk management, and compliance
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Part 2: Third-Party Governance

  • Blueprint for effective third-party management
  • Third-party governance committee: bringing together the range of third-party management roles and responsibilities in the organisation
  • Third-party management charter: defining a structure to govern third-party relationships
  • How to develop a third-party management strategic plan

Part 3: Third-Party Management Lifecycle

  • Managing third parties from onboard to offboarding
  • Third-party identification & onboarding
  • Ongoing context monitoring
  • Third-party communications & attestations
  • Third-party monitoring & assessment
  • Third-party forms & approvals
  • Third-party metrics & reporting
  • Third-party re-evaluation and offboarding
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Part 4: Third-Party Management Architecture

  • Enabling information & technology management of third-party relationships
  • Third-party management information architecture: blueprint for managing third-party content and related data
  • Types of third-party management information and how it integrates into third-party processes
  • Components and requirements for a third-party information architecture
  • Third-party management technology architecture: blueprint for enabling third-party management processes with technology
  • Kinds of third-party management technologies and what best serves the organisation
  • Capabilities and requirements of third-party management platforms
  • Third-party management business case: articulating the value of effective third-party management
  • Defining a business case and value of third-party management platforms

The Logistics

Once you have completed your request for a seat at this workshop, you will be advised within 2 business days if we have been able to fulfill your request. Please keep in mind that we will be limiting attendees to 2 from any organisation. If we are able to fulfill your request, you will be sent complete information with location via a calendar invite, as well as direct email.

If you should have any questions, please contact rwaltz@aravo.com.

 

Third-Party Risk Management
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