Third-party Assurance has been saved
Provide assurance to your customers through a strong third-party assurance program
Increasingly, companies are outsourcing business processing activities to Outsourced Service Providers (OSPs), giving them access to sensitive data and with implications on internal control environments. This growing reliance on OSPs has led to greater demand for third-party assurance programmes and solutions.
In order to address concerns from customers regarding the services and solutions that OSPs provide, it is critical for them to manage any potential risk and obtain assurance and transparency over those services. One of the most effective ways by which OSPs can communicate information about their risk management and controls is through Third-party Assurance.
Against this backdrop, we offer a range of Third-party Assurance services, depending on the type of third-party assurance standards in place and customers’ requirements.
Third-party Assurance frameworks
- Strengthen reputation and brand
Strengthen security and privacy controls to increase the confidence of stakeholders while reducing regulatory and reputational risk.
- Bring service offering differentiation for new work
Position service offering as best in class, resulting in high scores on RFPs/tenders due to an added advantage over non-compliant competitors.
- Increase customer confidence
Provide customers with confidence in the organisation’s ability to meet their needs through an independent validation of the organisation’s compliance with the relevant standards and proactive risk mitigation.
- Minimise operational disruptions
Eliminates the need to perform multiple audits for business partners and customers which drain valuable time and resources of operational and service personnel.