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:

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Michael Rasmussen

Principle Analyst

GRC 20/20

  • Establishing a business case for TPRM that unifies the extended enterprise.
  • Building your own blueprint for effective third-party management.
  • The core components of the third-party management lifecycle.
  • How technology can further enable your program and promote collaboration.
  • Delivering effective third-party governance and assurance.

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. We invite you to join us for cocktails after the event!

What to Expect

In this workshop, participants will gain a holistic perspective on third-party management, delving into integrating third-party management seamlessly into your business strategy, processes, and operations, ensuring a cohesive approach. Moreover, you’ll learn the art of clear and persuasive communication, essential for gathering attestation and fostering strong partnerships across your entire organisation.

Specific sessions include:

Part 1: Third Party Management by Design 

  • Why Third Party Management Matters 
  • Third Parties in Disarray: how organizations mismanage third parties 
  • Third Party Exposure: how mismanaged third parties expose the organization to risk 
  • Current drivers & trends pressuring organizations in third party management 
  • Different ways organizations approach third party management 
  • What Effective Third Party Management Achieves: third party management’s role in governance, risk management, and compliance 

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 organization 
  • 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 

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 organization
  • 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 

Join us for cocktails and networking following the event!

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. 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 Emma Collins +44 (0) 7737 276649.