Managing the risks posed by the large network of third-parties associated with a company is becoming increasingly complex.
Managing the risks posed by the large network of third-parties associated with a company is becoming increasingly complex. How could the lack of appropriate controls within your third- party network affect your business? How does the financial health or cyber hygiene of your third parties effect your decisions on maintaining those relationships?
To be recognised as a Responsible business it's essential to have strong governance and oversight on your extended enterprise. This includes visibility and influence over supply chain continuity, regulatory, cyber, Data privacy and other material third party risks.
Deloitte's Third Party Risk Management (TPRM) managed service solution can help your firm identify, assess and manage risks posed by the interconnected network of third party relationships. The solution enables greater control of risk and opportunities and improves visibility and performance over your third-parties in risk areas such as resiliency, Sustainability, ESG (environment, social & governance), financial crime and more.
If you require a technology-enabled solution then we can provide our end-to-end technology platform to serve as an interface for our manage services, so that you receive streamlined end-to-end support.
Our proprietary platform combines mobile Data-collection, performance improvement tools and mobile-optimised dashboards to deliver insights for effective risk management. Alternatively, we can also explore options to provide our services to you leveraging technology platforms that you already own.