The role of third parties is changing, and so are your points of exposure. Third parties engaged to support critical business functions can increase your business exposures. Increased regulatory expectations require you to continuously manage and monitor your third party risk and compliance.
Grant Thornton’s third party risk solutions:
- Program Strategy & Transformation includes third party risk program evaluation, identification of improvement opportunities and developing roadmaps and strategies to mature the program
- Program Operations and Execution includes execution of third party risk assessments in either a co-sourcing or full managed service model
- Program Technology Automation includes analytics and reporting, compliance management reporting, workflow, technology selection analysis, system integration and implementation
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