Third party risk management

As organizations gain efficiencies by shifting noncore functions to more experienced providers, they also open themselves up to new sources of third-party risk and vendor risk. 

At BlackSwan, we take a comprehensive approach to assessing risks, collaborating with stakeholders throughout your organization to develop a customised approach tailored to your unique third-party strategy and business goals.

How we can help:

  • Conduct reviews of all third-party suppliers and create risk rankings

  • Ensure third parties are in line with global risk policy and risk appetite

  • Risk and control management identifying and closing out remediation

  • Ensuring SLA's are met and correctly monitored

  • Input into Security Awareness Training

  • Developing processes, policies and procedures for all stages of the vendor life cycle

  • Monitoring vendor risk and performance, and review service-level agreements (SLAs), and system and organization control (SOC) reports.

Golden Marble