Supply Wisdom: Real-Time And Continuous Risk Intelligence And Monitoring What Can You Do With Supply Wisdom?
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Global Headquarters: Email: info@supplywisdom.com Website: www.supplywisdom.com Phone: +1-212-547-9481 Who Needs TPRM?
TPRM seeks to institute mechanisms to identify, quantify, monitor, and mitigate a variety of third-party risks. Fortune 1000 enterprises rely on thousands of third parties for their business operations. Many of these enterprises, especially in Banking, Financial Services, Insurance, and Healthcare are subject to oversight from a variety of regulators. As OCC/FINRA/HIPAA & other regulations, data protection and privacy laws, and laws relating to outsourcing increase, enterprises must have a program to ensure compliance, due diligence, and reporting. This is where TPRM programs strive to ensure business certainty. |