Blog

Third Party Risk Management in the Dynamic of Business Scale, Complexity, and Change

Why TPRM objectives fail – and what Global 2000 companies need to succeed

Even though large organizations have invested time, attention, and resources into third party risk management (TPRM) over the past decade, it’s clear that many programs are failing to deliver on their primary objective - keeping the organization safe.

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Topics: third party risk management, risk and compliance, tprm, business complexity, scale, compliance risk, Anti-bribery & Anti-corruption, Responsible Sourcing, Data Security & Privacy, Global 2000, business change, business scale, third parties, white paper

What do I need to ask when buying a Third Party Risk Management (TPRM) solution?

Third party risk management is a complex discipline, that combined with the scale, complexity, and change dynamics of any Global 2000 organization, can often lead to false starts with technology implementations.

It’s important to get enterprise software purchase decisions right – they are the fulcrum of successful third party risk programs for the business, they impact on the adoption and performance of many internal users across the enterprise, and they can have an impact on the careers of those selecting them.

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Topics: third party risk management, tprm, aravo, risk and compliance, risk mitigation, Anti-Bribery and Anti-Corruption, FCPA, OCC, GDPR, Conflict Minerals, ABAC, sustainable procurement, Data Security & Privacy, Registration & Qualification, General Data Protection Regulation, regulatory risk

State and Federal Financial Services Regulators Apply Focus on Cybersecurity and Third Party Relationships

In a sign of what may well be coming for all highly-regulated industries around the world, US financial services regulators are in the process of significantly enhancing their cybersecurity rules, including substantial new rules impacting third party relationships.

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Topics: cybersecurity, privacy, OCC, fdic, fsscc, bits, federal reserve, fsr, Financial Services, bank, information security, Data Security & Privacy

The EU GDPR & Third Party Risk

Why Global 2000 Companies Should Be Focused on Third Party Compliance

The European Union’s General Data Protection Regulation (GDPR), which takes effect on May 25, 2018, strengthens data privacy rights for EU citizens and gives regulatory authorities greater powers to take action against companies that breach the law.

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Topics: Data Security & Privacy, third party risk management, GDPR, General Data Protection Regulation

The new Aravo corporate site is live

Today we launched our new Aravo corporate website. It’s mobile ready, and designed to make it more intuitive for you to navigate and find the information you need to fuel your third party risk management technology decisions.  We hope you like it.

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Topics: grc, Anti-bribery & Anti-corruption, Data Security & Privacy, Responsible Sourcing, third party risk management, Registration & Qualification, Resources, website