Mastering Third-Party Risk Management
An Agile, AI-Driven Approach to Compliance and Security
In today’s always-on world, companies increasingly turn to external vendors and partners to stay competitive. But this growing interdependence comes with unique risks that – if not managed wisely – can set back business growth by months, if not years.
For enterprises of all kinds, partnering with third-party entities can introduce
- data management hurdles
- intellectual property challenges
- cybersecurity vulnerabilities, and
- regulatory compliance headaches
Each of these hazards carries potentially severe implications for businesses – making a comprehensive approach to third-party risk management essential.
With new risk points emerging all the time, in-house teams may be sorely challenged to keep track of today’s rapidly evolving third-party threats. This can be compared to a leaky ship, where fixing one hole often reveals another. Some teams may choose simply to look the other way and hope for the best.
ComplyScore, a service of Atlas Systems, is designed to offer a comprehensive and custom-fit solution for third-party risk management (TPRM). Our objective is not just to minimize potential threats, but also to enhance the value derived from your third-party relationships.
Our team of seasoned experts diligently scrutinizes your third-party vendors through an exhaustive due diligence process, resulting in a meticulous risk profile of each vendor. We also leverage the power of Artificial Intelligence to identify vulnerabilities and potential risk areas, ensuring that your business remains robust and secure.
Our tailored services cover:
- Security & Privacy
- Compliance
- Legal
- Finance
- Sustainability
Our bespoke strategies, state-of-the-art technology, and team of seasoned professionals guide you through the complexities of TPRM by safeguarding compliance, fortifying operational resilience, and securing business continuity.
Want to learn more about ComplyScore and how you can solve third-party risk management issues? Contact Kaarthick Subramanian at [email protected]