Third-Party Risk

Supplier Risk Assessments

We offer a 360 degree assessment of the security and privacy measures put in place by your suppliers and other third parties. These can be carried out on-site or remotely depending on circumstances and include checking the levels of compliance with all standards and regulations in place. We recognise that this is an ongoing process so will continue to monitor risk and security for as long as is required.

Providing Due Diligence

Working with our clients we create both standardised and tailored vetting procedures as part of due diligence processes. These both lay down security levels needed from suppliers and integrate them into tender and procurement processes.

Third-Party Risk Management Frameworks

We design comprehensive third-party risk management strategies using tried and tested assessment methodologies. We also create supplier-tiering models based on criticality and data access and establish governance structures for third-party risk management.

Continuous Monitoring

Real-time alerts can be put in place to warn about any changes to suppliers’ risk and security profiles. These work alongside regular active assessments made in the context of the rapidly changing risk environment.

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