Guide
The Ultimate Guide to Third-Party Risk Rating
Who is this guide for?
At GAN Integrity, we recognize the challenges that organizations face when managing third party risks. These risks are unavoidable but manageable, and with the right approach, they can be effectively mitigated. This guide is crafted for businesses seeking a scalable, risk-based strategy to manage third-party relationships, ensuring compliance and mitigating risks in an increasingly complex global environment.
What’s inside?
Our comprehensive guide dives into key aspects of third-party risk management. From understanding the growing complexities due to regulatory pressures to applying a risk-based approach for efficient due diligence, this guide covers everything a compliance team needs to know. Here’s what you’ll find:
- The growing need for a renewed approach to third party risk management
- Asking the right questions before entering third party agreements
- Taking a risk-based approach to due diligence
- Risk rating third parties to determine exposure levels
- Building comprehensive third party risk profiles
- Best practices for conducting scalable due diligence
- Common pitfalls and how to avoid them
- Using technology to automate and streamline risk management processes
Why this guide matters
This guide helps compliance teams adopt a structured and efficient approach to managing third-party risks, ensuring regulatory compliance, safeguarding the company’s reputation, and enabling confident decision-making regarding third-party engagements.
Feel confident managing your third-party risk with a systematic and scalable due diligence process that aligns with your company’s unique risk profile and operational needs.
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