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Solution

Managed service

Are you looking to maintain control over your third-party risks without the burden of managing them directly? Our solution partners with a range of experts who leverage our platform to comprehensively manage these risks on your behalf. Just as effective, yet more efficient.

3 challenges

#1. Resource and expertise constraints

Organisations frequently find themselves unable to internally manage third-party risk due to limited resources and a lack of specialised expertise. Managing the complexities of third-party relationships requires dedicated tools, systems, and skilled professionals—assets that many organisations cannot afford or sustain in-house.

#2. Talent acquisition and retention hurdles

The competitive landscape for risk management professionals, exacerbated by a widespread talent war, makes it exceptionally challenging for organisations to attract and retain skilled risk experts. The specialised nature of third-party risk management, combined with a general scarcity of professionals in the field, means that organisations struggle to build in-house teams capable of addressing these needs comprehensively.

#3. Rising compliance demands

s regulatory frameworks become more intricate and enforcement tighter, organisations face an ever-increasing volume of compliance obligations. This uptick places a significant strain on existing teams, who must keep pace with the demands of monitoring compliance, not just internally but across all third-party engagements. The growing workload associated with maintaining compliance intensifies the need for specialised support

Key benefits

  • Align with best-practices
  • Streamline processes
  • Improve stakeholder engagement
  • Standardise reporting
  • Improve decision-making
Solve your challenges

3 common challenges
and our solutions

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Questions? Chat with us

Our managed service solution

Managed service: Outsource TPRM to one of our partners and benefit from their scale, expertise and global reach
Managed service: Outsource TPRM to one of our partners and benefit from their scale, expertise and global reach

For organisations with limited time or resources for third-party risk management, we have formed partnerships with esteemed experts in the field. These partners can fully manage the entire third-party risk management process for you, encompassing risk profiling, due diligence, and real-time monitoring, by using our fit-for-purpose platform. Schedule a conversation.

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Some of our
Managed service
clients and partners

Customer stories

Nick Freitas
,
Schoeller Allibert
“The implementation felt like a true partnership. It seemed as if we extended our team to include you, and you took on the majority of the work, guiding us every step of the way. Your support was invaluable in helping us succeed”
Farida Fouad
,
de Bijenkorf
"You don’t need any training to understand the 3rdRisk platform. It operates intuitively and smoothly – appearing as though it was developed specifically for de Bijenkorf."
Janneke Coopmans
,
Jumbo
"Thanks to 3rdRisk's technology, risk management and the execution of controls have become something for the entire organisation. Our stakeholders in the business are now much more involved in executing and testing controls. Risk awareness has improved. That's a huge gain."
Berry Kok
,
HEMA
"The usage of the 3rdRisk platform has saved a significant amount of time in both operations and the second and third lines. In addition, risk management and internal control are adopted by the entire organisation and part of everyone's task."
Sem J. de Spa
,
Deloitte
"Our strategic partnership combines Deloitte's expertise with 3rdRisk's technological strengths. We offer advisory and managed services with flexible outsourcing options. This approach allows us to extend our capabilities directly into your operations, optimising resource allocation and compliance adherence."
Maarten Schreuder
,
Protiviti
“3rdRisk's technology stands out in user-friendliness, the numerous integrations, and the way it involves stakeholders in the organisation in third-party risk management and internal control."
Dennis Meer
,
Grant Thornton
"3rdRisk is really a platform that integrates seamlessly, combines different data sources and provides new insights."
Dave van Gulik
,
Trust Alliance
"3rdRisk is our go-to platform for risk and compliance management. Why? Because it's based on the latest standards in our field, highly flexible, intuitive, and pleasant to work with, and very accessible to our clients, from multinationals to large SMEs."

FAQ

In the overview below, we have listed the most frequently asked questions and answers. Do you still have questions? Just reach out to one of our experts.

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