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3rdparty risk (4)
New Best Practices Guide: 5 Steps to Proactive Third-Party Risk Management
Hi Global Risk Community member,
Optimizing your third-party risk management (TPRM) program requires striking the right balance between people, processes, and technology. While Prevalent can’t necessarily help you with the “people” aspect, our new guide will help you sharpen your team’s TPRM processes and technology.
Hello,
Download our expert guide and explore:
- The building blocks of third-party risk management programs
- Workflows for vendor onboarding and ongoing monitoring
- The importance of inherent risk and how it should be incorporated into programs
- How to calculate residual risk and use it to to determine ongoing review cadences
- Ways to integrate external ratings and service offerings into your program
- Practical steps you can take to advance your third-party risk management program
