Expertise / Third-party risk
Know which vendors carry risk, and keep watching.
We build and run third-party risk as one process: categorize suppliers, assess what matters, and monitor over time, across procurement, security, and legal.
Why third-party risk keeps moving.
Third-party relationships are where a lot of real risk lives, yet TPRM is often a scattered questionnaire exercise no one owns end to end. A running program turns supplier risk into something you can categorize, decide on, and monitor.
What third-party risk covers.
Coverage spans categorization, diligence, and monitoring.
Supplier risk categorization.
Due diligence and selection.
Contractual security requirements.
Ongoing monitoring, including cloud suppliers.
Governance and ownership across procurement, security, and legal.
How we run it, month over month.
TPRM is designed in Build and Implement and run in Managed GRC, through one method: Assess, Design, Implement, Operate, Improve.
Third-party risk runs as four connected steps, each with a clear owner. Categorize, owned by Procurement: sort suppliers by the risk they carry. Due diligence, owned by Security: assess what matters for the suppliers that carry real risk. Contract, owned by Legal: set security and privacy requirements into agreements. Monitor, owned by Managed GRC: watch supplier risk over time, including cloud suppliers. Ownership is shared across functions but coordinated as one program.
- CategorizeSort suppliers by the risk they carry.Owner: Procurement
- Due diligenceAssess what matters for suppliers that carry real risk.Owner: Security
- ContractSet security and privacy requirements into agreements.Owner: Legal
- MonitorWatch supplier risk over time, including cloud suppliers.Owner: Managed GRC
Start with the program, not the framework.
Talk with a senior advisor about the decisions, ownership, and operating capability your organization needs next.
A conversation with a senior practitioner, not a sales gatekeeper.