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Third-Party Risk Management

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Ensuring a risk-free business ecosystem

Market trends indicate a massive upsurge in the use of third-party services by Supplier oriented organizations. Though building a third-party ecosystem to support your operations can yield several financial benefits, this practice comes with its own set of risks. Critical data instrumental to your core operations might be misused by vendors, disrupting your operations. At MBG Corporate Services, our expert Third-Party Risk Management services can help ensure that these risks are identified, assessed and mitigated at the earliest.

We verify the compliance readiness of third-party vendors, in addition to their quality and authenticity, through a our robust Third Party Risk Management Program which helps organizations manage third-party risks. Our cross-sector expertise enables us to get deeper insights into the potential risks and their far-reaching implications.

MBG will perform the following core activities as a part of TPRM program: 
  • Risk Assessment and Due Diligence
  • Risk Monitoring and Reporting
  • Contractual Risk Management
  • Cybersecurity and Compliance Audits
  • Incident Response and Remediation
  • Vendor Relationship Management

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