{"product_id":"third-party-risk-management-system-tprm","title":"Third-Party Risk Management System (TPRM)","description":"\u003cp\u003e\u003cem\u003eA complete third-party risk management system — from vendor identification and due diligence through residual-risk assessment, continuous monitoring, audit and offboarding — informed by ISO\/IEC 27036, ISO 31000:2018 and NIST SP 800-161 Rev. 1.\u003c\/em\u003e\u003c\/p\u003e\n\u003ch2\u003eOverview\u003c\/h2\u003e\n\u003cp\u003eMost organisations now run on other organisations: cloud platforms, SaaS providers, outsourced processors, critical suppliers. Regulators and certification auditors have followed the risk outward — ISO\/IEC 27001:2022 sharpened its supplier controls (Annex A 5.19–5.22), ISO 22301:2019 expects continuity across outsourced activities, and NIST SP 800-161 Rev. 1 (updated 2024) sets the reference for supply-chain risk practice. What most vendor programmes actually run on, though, is a spreadsheet of contract dates and a backlog of unanswered questionnaires.\u003c\/p\u003e\n\u003cp\u003eThis toolkit documents a proprietary AGS framework informed by ISO 31000:2018, ISO\/IEC 27036 Parts 1–3, ISO\/IEC 27001:2022, ISO 22301:2019, ISO 19011:2026, NIST SP 800-161 Rev. 1, NIST SP 1326 and NIST SP 800-18 Rev. 2. Its assessment methodology keeps inherent risk, control effectiveness and residual risk as separate quantities across fourteen risk domains, so that only residual risk drives decisions, while a twelve-factor weighted criticality model sets how deep each relationship's due diligence, assessment and monitoring regime must go. A reference and alignment matrix maps every system requirement to the source clauses — including the NIST SP 800-53 Rev. 5 SR control family — together with the evidence each control produces. It is not an ISO standard and makes no certification claim; it is the documented machinery of a defensible programme.\u003c\/p\u003e\n\u003ch2\u003eWhat this system covers\u003c\/h2\u003e\n\u003cp\u003eThe documentation is tiered the way a mature management system is: a system manual defines governance, scope and the lifecycle; policies state the mandatory rules and risk appetite; procedures define how each activity is executed, by whom, and with what records; forms, checklists and Excel registers capture the evidence that it happened. Guidance documents and training modules carry the reasoning, so the method survives staff turnover. The whole set follows one lifecycle: identify, classify, due diligence, assess, approve, onboard, monitor, audit, remediate, reassess, offboard.\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003eA fourteen-domain residual-risk engine with matching Excel calculators, registers and a KPI dashboard\u003c\/li\u003e\n\u003cli\u003eSpecialist modules for cybersecurity assessment, data privacy, business continuity, due diligence, audit and remediation\/CAPA\u003c\/li\u003e\n\u003cli\u003eEnhanced regimes for critical third parties, fourth-party and concentration risk — including AI and emerging-technology vendors\u003c\/li\u003e\n\u003cli\u003eSector checklists for cloud, SaaS and IT service providers, plus a portable Third-Party Risk Passport for each vendor\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch2\u003eWho it's for\u003c\/h2\u003e\n\u003cp\u003eChief risk officers and heads of vendor management building or formalising a TPRM programme; CISOs and information security teams answering for supplier controls under ISO\/IEC 27001:2022; procurement, compliance and resilience leads in regulated sectors; and internal auditors and consultancies deploying a complete, editable system across clients. It suits vendor estates from a few dozen relationships to several hundred — the criticality model is what keeps the effort proportionate.\u003c\/p\u003e","brand":"Apex Global Solutions AGS","offers":[{"title":"Default Title","offer_id":57017075597652,"sku":"AGS-20-002","price":1750.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1052\/4996\/4372\/files\/AGS-20-002.png?v=1788398424","url":"https:\/\/agskits.com\/products\/third-party-risk-management-system-tprm","provider":"Apex Global Solutions","version":"1.0","type":"link"}