Third Party Risk

As organizations increasingly rely on third parties for critical operations, the risks associated with vendors, partners, and suppliers have grown in complexity and impact. From data breaches to operational disruptions and regulatory violations, third-party risks can severely affect performance and reputation. Our TPRM program is designed to help organizations build a resilient, scalable, and value-driven third-party governance framework across the lifecycle of vendor engagement.

• TPRM Framework Design
  Establish a fit-for-purpose governance framework aligned with global standards (e.g., OCC, FFIEC, ISO, NIST, RBI guidelines)
• Vendor Risk Profiling & Tiering
  Develop vendor segmentation based on risk exposure and criticality to tailor due diligence and oversight intensity.
• Third-Party Due Diligence & Onboarding
  Design and operationalize risk-based due diligence templates, questionnaires, and scoring criteria for new and existing vendors.
• Risk Assessment & Controls Testing
  Perform in-depth risk assessments (cybersecurity, ESG, financial, compliance) and validate control effectiveness.
• Contract Risk Reviews
  Embed risk clauses and SLA/KPI monitoring into vendor contracts to enforce accountability and performance standards.
• Ongoing Monitoring & Issue Management
  Enable continuous oversight via risk dashboards, periodic reviews, and tracking of open issues, incidents, and exit readiness.