Third-Party Risk Assessments
Assurance & Questionnaires
TPRM Program Assessment
Third-Party Risk Management
As a valued member of Shared Assessments, BraunWeiss is at the forefront of reshaping the Third-Party Risk Management (TPRM) services landscape, alongside other global leaders. As a partner in creating best-in-class, industry-standard services, BraunWeiss is dedicated to providing top-tier expertise and solutions in the realm of Third-Party Risk Management
Third-Party Questionnaires
BraunWeiss team of experts organize, structure, and build a formal, technology-enabled third-party questionnaires to streamline the management of vendor audit and risk assessment based on a library of standardized, approved responses.
- Design third-party questionnaires to manage vendor relationships
- Collect automated security questionnaire and responses
- Analyze third-party policies and procedures through automated data collection
- Align questionnaire scope with regulatory and stakeholder expectations
- Ensure findings from Third-Party Vendor Assessment (TPVA) keeps business information secure
- Meet compliance requirements and avoid penalties
TPRM Program Assessment & Services
BraunWeiss builds TPRM program in accordance to regulatory expectations and leading practices. BraunWeiss uses wide range of industry leading end-to-end TPRM technologies and processes that support and meets the needs of company operations, risk profile and regulatory expectations.
- Program Design & Build
- End-to-end TPRM technologies & processes support
- Third-party screening services
- Identify third-party risks with advanced analytics and artificial intelligence (AI)
- Conduct inspections of risk control environment and detailed risk assessments
- Conduct background checks to uncover risk indicators including detailed research
- Monitoring and reporting to mitigate risks through ongoing analysis and dashboard visualization
Third-Party Risk Management
As a valued member of Shared Assessment, BraunWeiss next-generation third-party risk management services help you make informed decisions by offering complete spectrum of services to manage your third-party risk.
- Implement and integrate systems and technologies
- Identify and classify risks, including data privacy, information security, and operational concerns.
- Understand and implement strategic methods to manage and mitigate third-party risks.
- Stay on top of risk by continuous monitoring, threat monitoring and alert management processes
- BraunWeiss leverages advanced analytics, robotic process automation, advanced workflow and machine learning to when implementing and managing effective third-party risk management programs.
- Improve operational risk management by designing risk frameworks to manage governance and data models.