Third-party Risk Management Implementation

The Third-party Risk Management application provides a centralized process for managing your organization's third-party portfolio, performing due diligence when onboarding third-parties, and completing the risk assessment. Also, integrating with other GRC applications, provides top-down traceability for compliance with controls and risks.

Take this course to get started developing Third-party Risk Management (TPRM) implementation strategy. This 2-day class covers domain knowledge, common technical aspects of an implementation as well as processes to effectively manage it.

Recommended Prerequisites
Governance, Risk, and Compliance (GRC) Fundamentals

Required Prerequisites
ServiceNow Fundamentals, or equivalent knowledge
GRC: Third-Party Risk Management (TPRM) Fundamentals

Attendees will learn tactical skills and strategies that will better prepare them to implement Third-party Risk soundly and efficiently. Through lectures, demonstrations, and hands-on labs, students build on existing knowledge and skills by applying implementation best practices. Course topics include:

• Third-party Risk Management Overview
• Core Configuration
• Assessment Configuration
• Approval and Workflow Changes
• Third-party Portal Configuration
• Application Relationships
• Dashboards and Reports