Third Party Risk Management

Slash costs, improve processes, and mitigate the most critical risks of today

Every organization is different and for that reason, a one size fits all approach should not be applied to your third-party risk management program.

Maverick delivers third-party risk management (TPRM) solutions that are embedded into day-to-day business functions while aligning to industry and regulatory expectations. We identify cost savings, create efficiencies in processes, and mitigate today’s most critical risks.
Successful TPRM drives value by helping to focus business leaders understanding where the usage of third parties will help increase profitability while ensuring your organization’s ecosystem is built to withstand new and unexpected challenges.
If you’re in a regulated environment, we help you drive compliance. If you’re in a non-regulated environment, we will help increase profitability.

Our TPRM services include:

TPRM Strategy and Program Assessment, Design and Implementation/Transformation

We provide better information that helps drive business decisions and generates revenue enhancing activities from assessing the current state, designing and building end-to-end programs, enhancing individual life cycle components and implementing impactful changes.

Improvement of Individual Risk Domains: Operational Resilience (Business Continuity), IT Security, Privacy, PCI, and Compliance

We help leaders streamline data gathering and assessment activities to produce actionable information for each risk domain, support the creation of meaningful and real-time monitoring mechanisms and inform contracting processes through the creation of governance mechanisms that drive stronger Key Risk Indicators, Key Performance Indicators and Service Level Agreements.

Third-Party Audits (IT Security/ Shared Assessments, Operations, Compliance)

Maverick’s assessment services drive decision making and inform risk stakeholders in a manner that is consistent with how your organization manages its risks. We deliver meaningful output to our clients that informs whether a third party meets your expectations across the many risk domains.

Targeted Issue Remediation and Incident Response

Identify and resolve TPRM issues in a manner that supports your business and reduces the future risk of the same or similar issues repeating at a third party. Issues will arise with third parties no matter how strong your program may be.