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  • Third-Party Risk Management Service

    Third-Party Risk Management Service

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Overview

Underestimating third-party risks can lead to data loss and business disruption. LTIMindtree’s TPRM Program classifies third parties based on inherent risks, offering customizable structures and AI/ML-based analysis for deep visibility. Track, prioritize, and mitigate risks effectively with LTIMindtree’s scalable and flexible TPRM service.

Service Highlights

 

Supports international compliance across industries and regions.

Facilitates third-party risk assessment and mitigation throughout the engagement lifecycle.

Enables qualitative and quantitative ratings with industry benchmarks.

Provides a collaborative and interactive platform for all participants.

Maintains repositories of question banks, responses, evidence, and vendor profiles.

Uses historical assessments for trend analysis and future evaluations.

Offers a multilingual, cloud-based SaaS solution that is easy to deploy and configure.

Integrates seamlessly with existing technology environments using out-of-box connectors.

Enhances assessment effectiveness and efficiency with AI/ML capabilities for insights, trends, and comparative analysis.

Resources

 
Brochure

Brochure

Third-Party Risk Management Service

POV

POV

Third-Party Risk Management: Service Providers

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