Unlock a streamlined, stress-free third-party risk management program
Managing third-party risks is critical in today’s fast-paced business environment, but it shouldn’t take up your entire day. At S&P Global, we’ve designed our TPRM approach with you in mind. By focusing on clarity, innovation, and adaptability, we simplify compliance, freeing you up to focus on what matters most—and making you the go-to professional in your organization.
How can S&P Global KY3P help?
At S&P Global, we’ve reimagined TPRM to make your life easier while helping you deliver impressive results. Our KY3P Out-of-the Box configurations are built by expert practitioners to save you time, reduce complexity, and empower you to focus on what matters most.
Quickly codify a baseline of good practice end-end third-party risk management. The KY3P out-of-the-box solution is designed to accelerate the implementation of key third-party risk activities incorporating processes and artifacts developed by TPRM specialists, ensuring best practices and set-up for long-term success.
KY3P Out-of-the-Box Key Features
KY3P delivers a full end-to-end third-party lifecycle program, reducing the need for manual admin tasks, and allowing teams to work together and focus on risk management.
Onboarding and Oversight
KY3P Onboarding & Oversight provides a standardized rules-based workflow to automate third party risk activities across the lifecyle, including onboarding, due diligence, inherent risk calculation, oversight, and offboarding of third-party products and services.
Due Diligence
KY3P Due Diligence & Monitoring enables efficient collection and analysis of due diligence data from third parties. Perform risk based due-diligence against expected standards across a range of risk domains, leveraging best practice questionnaires, automated scoring and gap identification.
Monitoring Data
Access actionable risk insights and customizable alterts on your third-party portfolio across a range of risk domains: cybersecurity, financial stability, economic & country risk, ESG, sanctions screening and significant news.
Remediation
Create and track remediation tickets, expected due dates, plan, priority and evidentiary documents and status.
Events
Outreach to third parties in response to specific events (weather, war, terror, cyber, pandemic, and other risk types) to quickly identify and assess the impact of a vulnerability, business continuity event or other significant event.
Reporting
Integrated Tableau provides out-of-the-box interactive reporting dashboards and bespoke reporting capability.
Thought Leadership
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