THIRD PARTY DUE DILIGENCE

We help you Identify and onboard technology partner to assist in third party due diligence management process.

We help you determine the reasons for engaging with the third party and assess the potential risks associated with the relationship.

We assist you to define the criteria and standards against which potential third parties will be evaluated against, considering factors such as reputation, financial stability, compliance with laws and regulations, and alignment with your organization’s values and objectives.

We can assist you to perform an initial screening of potential third parties to assess their suitability and identify any red flags or areas of concern.

We can assist you to evaluate the risks associated with engaging the third party, considering factors such as financial stability, legal and regulatory compliance, reputation, geographic location, and industry-specific risks.

We can conduct interviews with key personnel or visit the third party’s facilities to gain further insights into their operations, culture, processes, and controls.

We can help you ensure that the third party complies with applicable laws, regulations, and industry standards, particularly in areas such as anti-corruption, anti-money laundering, data privacy, and supply chain ethics.

We can review contractual agreements with the third party to include provisions related to compliance.

We document the results of the due diligence process, including findings, assessments, recommendations, and any risk mitigation measures taken.

We can help you establish mechanisms for monitoring the third party’s ongoing compliance with contractual obligations, regulatory requirements, and ethical standards, and implement procedures for addressing any issues or deviations that arise.