Third-party Risk Management

Checkmating your business risks with confidence.

COVID-19 is making many organisations rethink the nature of work, workforces, and workplaces as talent gaps appear, analytics and automation has it traditionally human-performed jobs have to be re-considered. Third parties can play a part in many of those changes. Ask yourself, does your organisation…
  • Have lack of visibility or understanding of the danger of the risks posed by your relationships with many types of third parties?
  • Want greater visibility into third-party performance & risks?
  • Need to improve operational costs, process, efficiencies, & organisational agility associated with your third-party relationships?
  • Need to gain greater control over the related risks?
  • Want to be confident that third parties are compliant with your business’ policies, as well as their own—based on government regulations & industry requirements?
If yes, then you need a third-party risk management (TRM) solution. CRI Group has launched a third-party compliance verification and certification program – 3PRM-Certified™ This TRM Strategy program will help organisations in establishing the legal compliance, financial viability, and integrity levels of outside partners, suppliers and customers seeking to affiliate with your business.


Third-party relationships are critical in business today, and include partnerships with suppliers, distributors, consultants, agents and other contractors. While such affiliations are essential to the success of your organisation, the consequences of inadequate due diligence cannot be overestimated. As the risk for data breaches and supply chain disruption continues to rise with COVID-19, so does the need for an effective TPRM programs. Whether you’re a TPRM professional looking for a certification to advance your skillset, or the leader of your organisation considering how to better equip your team with the best knowledge and skills, 3PRM-Certified™ program is a all  in solution.

CRI Group’s exclusive 3PRM-Certified™ solution provides the very best in third-party risk management. Our 3PRM-Certified™ program provides a proactive approach to mitigating risks from third-party affiliations, protecting the organisation from liability, brand damage and harm to business.

CRI Group’s own exclusive, expert-developed 3PRM™ services help you proactively mitigate risks from third-party affiliations, protecting your organisation from liability, brand damage and harm to the business. Whether your organisation has a large, well-established third-party program, is in the early stages of development, or is anywhere in between, 3PRM™ solution can improve the health of your program and future-proof your entire business in many forms. Our 3PRM™ solution streamlines the third-party risk management process through scalability, and efficiencies – from third-party risk identification to assessment what sets us apart is that our 3PRM™ solution includes:

  • Due Diligence
  • Screening & background checks
  • Business intelligence: information management
  • Investigations: i.e. IP, fraud, conflict of interest, etc
  • Regulatory compliance
  • Anti-bribery and anti-corruption (ABAC) compliance
  • Employee auditing training & education
  • Monitoring & reporting
From cybersecurity to anti-bribery, our solution is flexible and responsive to the various risk domains that are most important to your business. With a network of trained professionals positioned across five continents, CRI Group’s 3PRM™ services utilise one of the largest multi-national fraud investigation teams the industry has to offer.


  • Supplier and vendor information management
  • Corporate and social responsibility compliance
  • Supplier Risk Management
  • IT vendor risk
  • Performance measurement
  • Contract risk management
The role or size of the third-party is not as important as the nature of the relationship they have with your business. Think of your third party level of access to your sensitive data or your property! A cleaning company with access to your filing cabinet represents a different but still significant risk. And remember you are accountable for the inappropriate actions of any of your third parties.


3PRM™ is especially critical when your business:

  • Performs pre-merger & acquisition research
  • Conducts due diligence
  • Engages new clients
  • Employs, contracts or retains foreign business partners
  • Requires a consistent & audit-worthy anti money laundering & anti-corruption compliance program

When implementing 3PRM™ you can focus on:

  • Providing third-party risk assessments
  • Meeting contracting requirements
  • Conducting integrity due diligence
  • Providing management oversight

And avoid:

  • Merging with an international business embroiled in behind-the-scenes legal battles
  • Getting caught up in making procurement decisions involving the inappropriate influence of government officials who were slated to receive kickbacks
  • Partnering with organisations that are potential credit risks, have claimed bankruptcy, have dissolved stated companies or are faced with debtor filings
  • Awarding work to an overseas contractor with absolutely no prior experience
  • Affiliating with a contracting company owned by a politician with significant influence on future awards


Our full 3PRM™ suite of services can help you transform, implement & manage third-party risk management efforts:

  • Diagnose, develop & enhance your program or function around:
    • Governance & oversight
    • Policies & standards
    • Third-party inventory
    • Risk approach & models
    • 3PRM™ processes & assessment frameworks
  • Pro?le third parties & assess their risk & controls leveraging your framework or ours, covering:
    • Risk pro?ling
    • Global onsite & remote-control assessment execution across all risk domains (e.g., cyber, resiliency, ?nancial health & regulatory compliance)
    • Analytics & reporting
  • Manage third-party risk processes across the relationship life cycle, to provide:
    • Pre-developed risk models, review criteria & reporting
    • Risk pro?ling/third-party inventory
    • End-to-end third-party oversight & governance
    • Global onsite & remote-control assessment execution across all risk domains (e. g., cyber, resiliency, ?nancial health & regulatory compliance)


CRI Group has one of the largest, most experienced and best-trained integrity due diligence teams in the world. We have a flat structure which means that you will have direct access to senior members of staff throughout the due diligence process. Our multi-lingual teams have conducted assignments on thousands of subjects in over 80 countries, and we’re committed to maintaining and constantly evolving our global network.
Our 3PRM™ service is flexible and we will tailor our scope to address your concerns and risk areas; saving you time and money. Our extensive solutions include due diligence, employee pre & post background screening, business intelligence and compliance, facilitating any decision-making across your business no matter what area or department.


Risk assessment breakdown: Identification, Analysis, Evaluation

Whatever your reasons or motivations might be, if your organisation's objective is to have an effective risk management strategy in place, then ISO 31000 can provide the principles, framework and a process for managing risk. ISO 31000 is not a certifiable standard; the standard is a set of guidelines which provide guidance for internal or [...]

Don’t let the dominoes fall (ever) with our new TPRM certification…

CRI Group is launching a third-party compliance verification and certification program – 3PRM-Certified™ – across the Middle East, Europe and Asian region. This Third-Party Risk Management (TPRM) program can help organisations establish the legal compliance, financial viability, and integrity levels of outside partners, suppliers and customers seeking to affiliate with their business. Third-party relationships are critical in […]

InTheNews: the role of Risk Management in Banking & AI

SEC’s Office of Compliance Inspections and Examinations Issues COVID-19 Risk Alert Lexology reported that “On August 12, 2020, the SEC’s Office of Compliance Inspections and Examinations (OCIE), issued a risk alert highlighting COVID-19 compliance risks and considerations for broker-dealers and investment advisers. The risk alert highlights six categories of compliance risk: Protection of investors’ assets, Supervision […]