3rdRisk

Deloitte and 3rdRisk bring you an integrated cloud-based solution to manage your third-parties with ease and confidence

Value chains are becoming increasingly interconnected and complex. The need for visibility and proactive monitoring of supplier risks is essential to enhance resiliency, regulatory compliance and to enable trust in doing responsible business.

3rdRisk

Why Deloitte & 3rdRisk?


Deloitte is the leader in providing Third Party Risk Management (TPRM) services
Helping our clients do responsible business is fundamental to Deloitte and managing 3rd party risk is essential to have transparency & trust within the responsible value chain

Manage risks & incidents swiftly and effectively
Comply to regulatory initiatives by leveraging best practice risk questionnaires & Deloitte specialists

What is 3rdRisk?​

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The 3rdRisk Platform Modules & Key Features​

Assessment Management

Systematic approach to conduct due diligence assessments
Upload custom or download best practice risk questionnaires. Create remediation plans to work with 3rd parties to address findings & track completion of remediation items.

Continuous Monitoring

Proactively detect 3rd party risk events in real-time
Receive alerts on risk events impacting your 3rd party or when an external risk rating changes. Initiate risk or incident management plans to track risk mitigation activities.

Risk Management

Manage potential 3rd party risks in one centralized place
Perform and register risk assessment details such as the nature of risk, level of risk, likelihood & impact, risk owners, impacted stakeholders and risk mitigation measures.

Incident Management

Respond and manage incidents quickly & effectively
Perform an incident assessment and outline an incident response action plan to address and manage the incident effectively.

Compliance Content Library

Access the Content Library to meet your compliance needs
Directly add premium content such as compliance frameworks and industry best practice assessment questionnaires. All content is editable to tailor your specific needs.

Third-Party Management

Establish an integrated 3rd party risk profile register
Link 3rd parties to regulatory frameworks to track compliance & assign a risk classification 3rd party ecosystem view to identify dependencies between multi-tier suppliers.

Third-Party Risk Screening for a Large International Bank

An EU Regulatory Agency requested a large international bank's top 100 critical vendors be assessed for potential cyber risk. Using 3rdRisk, Deloitte specialists conducted the assessments leading to the Agency to strike the finding.

Third-Party Risk Screening & Monitoring for a Nonprofit Environmental Organization 

Deloitte used 3rdRisk to screen & monitoring a NPO's top suppliers and uncovered supplier response inconsistencies pertaining to health & safety procedures that could have posed a potential reputational risk to the NPO if undetected.

Providing end-to-end insight into supply chain risks for a Large Food Retailer

A large food retailer experienced a critical product shortage leading Deloitte to implement 3rdRisk to enable an end-to-end assessment management workflow to rapidly issue supplier risk assessments to mitigate future disruptions.

Get in touch

Reach out for more information and to get started!

Marc Verdonk

Partner Risk Advisory

+31652615027 Send Email View Profile

Sem de Spa

Director Risk Advisory

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