Skip to content
London Workshop: Third-Party Risk Management by Design
Wednesday 6th December
10:00AM – 4:30PM
Hilton Bankside, London, SE1 0UG
Benefit from a career spent guiding the TPRM industry
Our Third Party Risk Management workshop is hosted by industry thought leader, Michael Rasmussen
Agenda
- Third Party Management by Design
- The Blueprint for Effective Third Party Management
- From onboarding to offboarding; managing third parties
- Enabling information and technology management of third party relationships
- The strategic evolution of TPRM landscape
What you can expect
The objective of this workshop is to leave attendees with the ability to effectively manage due diligence and third-party risk. Participants will gain a deep understanding of the challenges and pitfalls associated with managing third-party risk, achieving success by capitalizing on these relationships while ensuring compliance. The workshop will facilitate ongoing monitoring of third-party partners, helping attendees define a structured third-party management lifecycle for managing and monitoring relationships.
Ownership and accountability for third-party management will be established, ensuring process consistency and effective communication with partners on matters of risk and compliance. Attendees will also learn to track critical workflows and tasks internally and with third-party relationships. Furthermore, the workshop will equip participants with the skills to deliver effective third-party governance and assurance to the board of directors, regulators, and stakeholders. Metrics will be monitored to establish the effectiveness of third-party management, and attendees will become adept at identifying and resolving issues with third parties.
The workshop will also cover mapping third-party relationships to objectives, risks, controls, issues, and other GRC areas.
Detailed Agenda
09:30 – 10:00
Arrival: Coffee, pastry and informal introductions
10:00 – 12:00
Part 1: Third Party Management by Design
• Why Third Party Management Matters
• Third Parties in Disarray: how organizations mismanage third parties
• Third Party Exposure: how mismanaged third parties expose the organization to risk
• Current drivers & trends pressuring organizations in third party management
• Different ways organizations approach third party management
• What Effective Third Party Management Achieves: third party management’s role in governance, risk management, and compliance
12:00 – 12:30
Part 2:Third Party Governance
• Blueprint for Effective Third Party Management
• Third Party Governance Committee: bringing together the range of third party management roles and responsibilities in the organization
12:30 – 13:30
Pause: Lunch, provided by Ethixbase 360
13:30 – 14:30
Part 3: Third Party Management Lifecycle
• Managing Third Parties from Onboard to Offboarding
• Third party identification & onboarding
• Ongoing context monitoring
• Third party communications & attestations
• Third party monitoring & assessment
• Third party forms & approvals
• Third party metrics & reporting
• Third party re-evaluation and offboarding
14:45 – 16:00
Part 4: Third Party Management Architecture
• Enabling Information & Technology Management of Third Party Relationships
• Third Party Management Information Architecture: Blueprint for Managing Third Party Content and Related Data
• Types of third party management information and how it integrates into third party processes
• Components and requirements for a third party information architecture
• Third Party Management Technology Architecture: Blueprint for Enabling Third Party Management Processes with Technology
• Kinds of third party management technologies and what best serves the organization
• Capabilities and requirements of third party management platforms
• Third Party Management Business Case: Articulating the Value of Effective Third Party Management
• Defining a business case and value of third party management platforms
