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Third-Party Risk Management at Accenture

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Third-Party Risk Management at Accenture

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Are you working to build a consistent risk management approach for coordinating your third-party vendors? Accenture’s Third-Party Risk Management framework offers an approach underpinned by continuous processes embedded across the organization. See our infographic for a description of our capabilities. Visit http://bit.ly/1URw335 for latest thinking and more.

Are you working to build a consistent risk management approach for coordinating your third-party vendors? Accenture’s Third-Party Risk Management framework offers an approach underpinned by continuous processes embedded across the organization. See our infographic for a description of our capabilities. Visit http://bit.ly/1URw335 for latest thinking and more.

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Third-Party Risk Management at Accenture

  1. 1. Copyright © 2016 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture. 16-0248 Third-Party Risk Management at Accenture Third-Party Risk Management (TPRM) Framework A TPRM Framework outlines a key approach and continuous processes to embed across the organization to deliver the appropriate level of control for all third-party vendor services. Accenture’s Third-Party Risk Management Capabilities Accenture’s TPRM capabilities help clients to strengthen their third-party management processes and turn them into a proactive TPRM solution. Training and Communications Key Metrics and Reporting Third-Party Life Cycle Activity Management Strategy, Governance, Risk Appetite and Operating Model Policies and Procedures Issues and Customer Complaint Management Inventory and Segmentation of Third Parties Execution of Risk Assessments Third-Party Risk Management Termination Due Dilige nce P lanning Contracting Ongoing Monitoring Technology and Change Management For more information, please visit: www.accenture.com/financeandrisk Undertake a maturity analysis, identifying gaps against “best in class” performance Diagnostic Systems and Technology Ongoing Third-Party Risk Assessments Establish TOM and delivery roadmap to reach the desired end-state Strategy and Target Operating Model (TOM) Comprehensive view of all third parties and segmented by risk level Segmentation Establish a TPRM function including requisite governance, processes and procedures Implement and Deliver From modifying existing workflows and systems to selecting and integrating bespoke tools (on or offline) On-site or remote analysis or the development of self-assessment tools to be used by third parties Data cleansing, screening, production of reports and dashboards Analytics Project planning, execution and reporting, completely or in part Change Management 1 3 4 7 6 8 5 2

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