Incidents rarely affect just one organisation. They ripple through entire ecosystems, causing widespread disruption across multiple sectors. Endida's Third Party Risk Management as a Service (TPRMaaS) delivers a comprehensive, technology driven approach combining an active supply chain network with Endida's managed services expertise to safeguard your organisation against the ever evolving landscape of external partner risks.
Endida's TPRMaaS adapts to your organisation's maturity, resources and risk appetite. Choose the model that fits — or combine them as your programme evolves.
Modern third-party risk extends well beyond information security. Endida's TPRMaaS covers the full spectrum of domains that regulators and boards increasingly expect organisations to manage.
The platform transforms third-party risk management by onboarding and connecting your entire supply chain into an active, interconnected network — providing real-time risk insights and complete visibility from primary suppliers to nth-tier vendors.
Third-party risk is particularly acute in regulated sectors where supply chain failures can trigger regulatory action, reputational damage and financial penalties.
The supplier risk map is great for supply chain visualisation, as well as the emerging threat section, especially with the coverage of the MS/CrowdStrike global issues. The team were so quick in getting this deployed on the same day and allowed us to start tracking supplier responses very quickly.
The interface and dashboard exceeded initial expectations — it was great to have the ability to have a snapshot of all suppliers. The ability to pull a quick report is very useful, and gives me a lot of confidence when people ask how we're managing supply chains.
One of the main advantages is that suppliers complete a single profile which they can then share with their clients on request. Suppliers benefit as they only have to do it once. Clients benefit too as other companies may have previously invited the same supplier — meaning it's already available immediately.
Contact Endida to discuss your third-party risk management requirements and how TPRMaaS can be tailored to your organisation.