Third Party Risk Management

Don’t let your partner network let you down. Our Third Party Risk Management tool allows you to manage critical business partner activity, meaning both parties benefit from your automated risk management strategy.

Third Party Risk Management – what is it about?

Third Party Risk Management provides the means to manage and monitor the risks and compliance of your partner network. Its objective is to create an up-to-date overview of the status and development of partners and ensure that they adhere to required standards and regulations.

Clear Overview of the Partner Network’s Status

Our Third Party Risk Management tool is designed to comprehensively support organisations in managing their partner network.

Identify and categorise partners

The tool helps you to see the status of ESG, information security and data protection and categorise your subcontractors and partners in this way.

Automated monitoring and reporting

By highlighting the most critical partner risks, the tool helps by applying control measures and action points, as well as delivering automated reporting on these risk points.  Decision making is made easy with this comprehensive overview of your network.

The Third Party Risk Management tool means you can identify, evaluate and manage any risks your partners and subcontractors might present. Clear status reporting means you can quickly check out what needs to happen next to reach compliance and the tool has built in workflows to support positive change. Better processes make a better risk management culture, improving safety and business continuity.

Key elements of Third Party Risk Management

Identification of Critical Partners​

Identify partners critical to your business and create an up-to-date overview of their status and development. ​

Maintaining Compliance​

Maintain a comprehensive overview of the compliance status of the partner network.​

Customise your Platform

The Granite tool can be tailored to meet your own needs, allowing you to make sure your own critical classification and compliance needs are always front and centre.

Develop your Action Plan

Design a tailored set of controls measures and actions for partners.

Automated Monitoring and Reporting​

Automated reporting means that you’ll always have the information you need to hand, making guesswork a thing of the past.

Clear Overview​

Expand use to comprehensive risk management and the development of continuity management.​

Book a call with our experts

Let us walk you through the tools, or just have a chat about your needs.

Two Granite risk management experts.