Third Party Risk Management
Use GIEOM’s TPRM software to ensure compliance with global regulatory standards, including Basel guidelines, Europe’s DORA, Australia’s APRA CPS 230, and other operational risk and resilience regulations.
Why Choose US
Unified View
Gain a comprehensive, integrated view across all resilience pillars, providing a holistic approach to third-party risk management.
Improved Collaboration
Enable seamless digital collaboration for data collection across internal teams and vendor stakeholders, ensuring efficiency and accuracy.
AI-Powered Contract Assessment
Utilize Gen AI-based technology for automated contract assessments, identifying potential risks and compliance gaps.
Policy Verification
Leverage Gen AI to automatically verify compliance with organizational and regulatory policies, reducing manual effort and ensuring consistency.
Sentiment Assessment
Analyze sentiment for a deeper understanding of vendor relationships and stakeholder feedback.
API Integrations
Integrate seamlessly with third-party risk intelligence providers through APIs, enhancing risk insights and decision-making.
Solution Components
Vendor On Boarding
Vendor On Boarding
Centralise vendor data for a unified view, customised insights, risk tracking, and regulatory compliance
Vendor On Boarding
Vendor On Boarding
Centralise vendor data for a unified view, customised insights, risk tracking, and regulatory compliance
Vendor On Boarding
Vendor On Boarding
Centralise vendor data for a unified view, customised insights, risk tracking, and regulatory compliance
Vendor On Boarding
Vendor On Boarding
Centralise vendor data for a unified view, customised insights, risk tracking, and regulatory compliance
Vendor On Boarding
Vendor On Boarding
Centralise vendor data for a unified view, customised insights, risk tracking, and regulatory compliance
Vendor On Boarding
Vendor On Boarding
Centralise vendor data for a unified view, customised insights, risk tracking, and regulatory compliance
Vendor On Boarding
Vendor On Boarding
Centralise vendor data for a unified view, customised insights, risk tracking, and regulatory compliance
Vendor On Boarding
Vendor On Boarding
Centralise vendor data for a unified view, customised insights, risk tracking, and regulatory compliance
Vendor On Boarding
Vendor On Boarding
Centralise vendor data for a unified view, customised insights, risk tracking, and regulatory compliance
Vendor On Boarding
Vendor On Boarding
Centralise vendor data for a unified view, customised insights, risk tracking, and regulatory compliance
Vendor On Boarding
Vendor On Boarding
Centralise vendor data for a unified view, customised insights, risk tracking, and regulatory compliance
Vendor On Boarding
Vendor On Boarding
Centralise vendor data for a unified view, customised insights, risk tracking, and regulatory compliance
Discover how Gieom’s GenAI-powered TPRM can help you build an iterative, continuous monitoring and management process for your third-party relationships.
Frequently Asked Questions
What are some key regulations related to TPRM?
Key regulations include:
•Basel Guidelines: Requires financial institutions to manage operational risk, including risks from third-party relationships.
•EU’s Digital Operational Resilience Act (DORA): Mandates operational resilience requirements for financial entities, focusing on managing third-party risk.
•Australia’s APRA CPS 230: Requires regulated entities to manage operational risks and maintain resilience, with a specific focus on third-party risk.
•GDPR (EU): Imposes strict data protection requirements, affecting how third-party vendors handle and secure personal data.
•SOX (USA): Demands internal controls over financial reporting, impacting third-party relationships.
•NYDFS Cybersecurity Regulation: Sets cybersecurity requirements for financial services, including vendor management standards.
