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Third-party risk management (TPRM) consulting services
Enhance your third-party decision-making process with greater speed and accuracy. The EY Third-Party Risk Management solution helps organizations comprehensively assess risks using AI and drives the insights necessary to identify partners that will drive long-term value for your business.
AI-enabled risk mitigation
Identify, assess, remediate and monitor risks across third parties with an AI-powered solution.
Strategic enabler
Drive value across the business by facilitating secure relationships with your partner ecosystem.
Performance-driving insights
Provide data-driven insights to key business stakeholders about third-party risks and opportunities.
Your business challenge
The number of third parties involved in business processes — both internal and external — is steadily increasing. Each third party typically collaborates with its own complex network, compounding the constellation of organizations in business with each other. As business complexity and global scale grow, the challenges for risk managers have become more significant than ever.
Effective third-party risk management (TPRM) programs not only reduce risk — they enhance value-driving partnerships so your organization can embrace the future with confidence.
EY Intelligent Digital Assessor (IDA)
IDA is our game-changing AI engine at the core of the EY TPRM solution. It fundamentally reinvents the TPRM function by transforming the role of the human assessor, pairing them with digital assessors capable of scanning the full third-party landscape more comprehensively and then providing foundational assessment reporting.
With fast access to transparent data from the entire third-party ecosystem, the role of the human assessor evolves from a document-gatherer performing routine compliance tasks to a proactive risk preventionist and mitigator. Wherever you are in your TPRM transformation journey, IDA will support you to take powerful leaps forward.
Why EY
EY teams take a technology-driven approach that integrates our extensive third-party risk knowledge with industry-leading solutions. This technology-led strategy transcends the limitations of traditional human analysis, providing a scalable, efficient and more precise risk assessment process.
Alliance relationships
The EY TPRM solution is supported by the powerful technology and insights from EY Alliance Partners ServiceNow and AuditBoard, which helps you integrate and scale risk management across your organization.
The TPRM team
How EY can help
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Our latest thinking
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Our Global Financial Services Regulatory Outlook has four regulatory priorities to drive financial institutions' focus in 2025. Download the report.
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