Third Party Risk Management Systems

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Third Party Risk Management (TPRM) is the process of analyzing and controlling risks presented to your company, your data, your operations and your finances by parties OTHER than your own company. These systems provide a view into every aspect of third-party relationships and help monitor vendor performance to reduce the chance of risks going unseen. Third-party risk management systems offer a structured approach to identify, manage, and mitigate risks associated with your third parties, their business partners and their end-consumers.
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