Third Party Risk Management - RiskLogic Consulting

Third-Party Risk Management (TPRM)

Every organization is different and for that reason, a one size fits all approach should not be applied to your third-party risk management (TPRM) program.

RiskLogic delivers third-party risk management (TPRM) solutions that are embedded into day-to-day business functions while aligning to industry and regulatory expectations. We identify cost savings, create efficiencies in processes, and mitigate today’s most critical risks.

Successful TPRM drives value by helping business leaders gain visibility and understanding of the impact third parties have on increasing profitability, efficiency and compliance while ensuring your organization’s ecosystem has the resiliency to withstand new and unexpected challenges.

If you’re in a regulated environment, we help you drive compliance. If you’re in a non-regulated environment, we will help increase profitability.

What We Offer

TPRM Strategy and Program Assessment, Design and Implementation/Transformation

We provide better information that helps drive business decisions and generates revenue enhancing activities from assessing the current state, designing and building end-to-end programs, enhancing individual life cycle components and implementing impactful changes.

Third-Party Audits (IT Security/ Shared Assessments, Operations, Compliance)

Protiviti’s assessment services drive decision making and inform risk stakeholders in a manner that is consistent with how your organisation manages its risks. We deliver meaningful output to our clients that informs whether a third party meets your expectations across the many risk domains.

Improvement of Individual Risk Domains

Build an effective ORM programme to reap both immediate and long-term benefits. It isn’t enough to be focused merely on understanding the status and limiting known risks; ORM objectives must evolve as business drivers change.

Technology Enablement

Implement robust TPRM programs across a variety of industries and geographies. TPRM requires technology enablement to make life cycle processes connect seamlessly and provide stakeholders with the information required to make better decisions. Protiviti helps you navigate through these implementations to help streamline programs and processes to keep costs down.

Targeted Issue Remediation and Incident Response

Identify and resolve TPRM issues in a manner that supports your business and reduces the future risk of the same or similar issues repeating at a third party. Issues will arise with third parties no matter how strong your program may be.