THIRD-PARTY RISK MANAGEMENT

TPRM is a Data Problem: Solve it with a Universal Data Core

Learn the five key steps to create and harness a Universal Data Core for third-party risk management. Download our white paper for practical advice to evolve your TPRM program.

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Cyber and Third-Party Risk Solutions
 

A Universal Data Core is a single repository that centralizes data from various sources, providing a holistic view of an organization’s third-party risks. By recording third parties’ financial data, privacy compliance status, contractual obligations and operational metrics on a single platform, teams can achieve greater data accessibility and gain complete visibility into their third-party risk.

A Universal Data Core eliminates the inefficiencies and inconsistencies of siloed data, meaning teams can swiftly and effectively assess, manage and mitigate risk across the third-party ecosystem, enhancing assessment quality. TPRM leaders that build a Universal Data Core can free up resources previously spent on manual data collation, encouraging a more dedicated focus on strategic risk mitigation measures.

Download our white paper to creating a Universal Data Core for TPRM and learn how to:

  • Create a single system of record to manage all TPRM assets
  • Identify the appropriate data types and locations throughout your ecosystem
  • Connect to external data sources and providers
  • Integrate with key enterprise systems
  • Eliminate silos and make data accessible for instant review and analysis

Download Your Free White Paper