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Third Party Compliance Risk Workshop Solution

An intensive workshop solution that provides a complete risk profile of your third parties.

Third Party Compliance Risk Workshop Solution is designed to assist companies that have not yet done a full analysis of their third party risk profile. This solution provides for a complete review of your third party risk model.

Solution Elements

Advisory-based solution
Team to develop understanding of your business model and offer guidance on how to proceed with risk mitigation
One- to two-day session looking at various facets of business model and sales channels used
Written report summarising risk issues and various other elements
Solution addressing identified risks is provided to client.

Solution Process

The usual process to implement such a solution is for our advisory team to meet with the client legal and compliance team to work through your business model, identifying third party usage, itemising the risks incurred and developing a solution plan to mitigate risks identified. Risk advisory and explanation sessions at the board and senior-executive level may be integrated into the process.

Once the relevant compliance risks are identified, our team will proceed with the analysis of significant risks and deliver a basic summary of risk-remediation processes.

The remediation process will generally integrate pieces of our overall Third Party Compliance Solution.
This solution provides for the full integration of third parties into your existing compliance programme.
This includes: