RSA Archer® Third Party Engagement
Manage engagements and contracts with third parties.
- Establish accountability for each third party and their product and service engagements.
- Manage contracts and services agreements and execute contract risk assessments.
Gain visibility into where, how and why third parties are being used throughout your organization and who is responsible for each relationship.
Better understand the adequacy of each third party’s proof of insurance.
Administer your third party management program more efficiently and allocate scarce resources based on the most significant priorities.
Provide positive assurance regarding the adequacy of your organization’s third party governance program to senior management, the board and regulators.
Identify inherently high-risk third party products, services and relationships.
Incur fewer audit and regulatory findings.
Gain greater transparency into third party relationships using robust reporting and notifications.
Catalog third parties, their business hierarchy, and the products and services they deliver to your organization.
Perform inherent risk assessments on engagements across seven different risk categories.
Holistic Third Party Profiles
Roll up engagement risk assessments to obtain an overall third party risk profile.
Proof of Insurance
Capture the third party’s proof of insurance and evaluate the adequacy of the insurance relative to all of the engagements with your organization.
Third Party Mapping
Map third party products and services to the business processes they support.
Fourth Party Risk
Capture and analyze significant fourth party relationships.
Catalog contracts and master services agreements associated with engagements.
Remediation Plan Monitoring
Document and monitor remediation plans to bring risk within acceptable tolerance and track exceptions related to third party engagements.
[With RSA Archer,] people are talking to each other about risk governance in a way they never did previously. The community is very active, and they’re engaging with each other proactively, which is a big win for us. It shows that the culture change, which we knew would be one of the biggest challenges of this project, is happening.
Eric Le Martret,
Corporate Risk Manager @ T-Systems Ltd.