We offer effective, sustainable, and economical solutions to handle risk in the third-party and vendor lifecycle, facilitating compliance with regulations. Our tailored solutions for managing your third-party lifecycle and regulatory reporting blend proprietary techniques, in-house tools, and expertise with top market products.
In details
Risk Readiness Assessment (RRA)
- Assess third-party and vendor risk management practices to identify areas for improvement.
- Conduct regulatory benchmarking by comparing existing frameworks, processes, and data against various regulatory guidelines.
Strategy and Blueprints
Assist executive management in assessing and quantifying risk exposure, and in defining mitigation strategies:
- Develop a business case and establish priorities
- Design the Target Operating Model.
- Create the program structure and governance framework.
- Formulate a roadmap for building organizational capabilities.
Framework & Technology
Leveraging our subject matter expertise, we collaborate with clients to:
- Develop customized risk management frameworks or enhance existing ones.
- Identify optimal risk management technologies, tools, off-the-shelf products, and services that are easy to implement.
- Establish sustainable governance models and reporting solutions.
Remediation work and Risk Assessments
Our clients rely on us to execute time-critical remediation activities and collaborate to maintain compliance:
- Third-Party Risk Management as a Service – Conduct risk assessments of third parties, vendors, and services.
- Ongoing Assurance – Perform continuous monitoring using AI-based methods and conduct on-site assessments as needed.
- Program Management of Remediation Work – Oversee remediation projects from defining streams and milestones to establishing deliverables and process controls for sustainable risk resolution.
- Organizational Change Management – Implement structured communication to raise awareness and provide ongoing training programs.
Ongoing Monitoring and Assurance
We ensure continuous oversight and compliance of third-party relationships through:
- Continuous Risk Assessments – Regularly evaluate third-party vendors to identify and mitigate emerging risks.
- Performance Tracking – Monitor vendor performance against key metrics and KPIs to ensure they meet your standards.
- AI-Based Monitoring – Utilize AI methods for ongoing surveillance and conduct on-site assessments as needed.
- Compliance Reporting – Provide detailed reports to ensure third parties adhere to regulatory requirements and internal policies.
Capability & Capacity Augmentation
Clients leverage our network of experts and our extensive experience across global regulations and risk domains to enhance their teams and improve risk management practices:
- Deploy experts’ cost-efficiently on a short-term basis to augment projects or programs.
- Analyze upcoming regulations and market trends to define strategic initiatives.
