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Start
How many third parties do you have?
less than 100
100-1,000
1,000-5,000
5,000 - 10,000
more than 10,000

Next

Is your program domestic or international?
Domestic
International

Next

Which function has principal ownership of your program?
Not sure
Procurement
Compliance
Risk
IT
Other

Next

Does your third-party risk management program have clearly defined roles and responsibilities across the organization?
No
No – but it has some at the departmental level
Yes

Next

On a scale between having no team and limited resources (1) to having a dedicated team with the skills and resources required (5) - where would you place your program?
1
2
3
4
5

Next

Does your third-party risk management program rely mainly on the following?
Spreadsheets & email
Home-built systems
Multiple technology components across different departments
Legacy GRC or ERP systems
Specialist end-to-end TPRM technology

Next

Are you using any third-party intelligence content providers (e.g. Refinitiv, Dow Jones, SecurityScorecard, BitSight, Rapid Ratings in your program?
No - why would we do that?
Not yet, but we intend to.
Yes - to validate information.
Yes to validate as well as for ongoing monitoring

Next

Do you have a single inventory of all your third parties?
No
Partially - for critical third parties
Yes, at the entity level
Yes, at the entity and engagement level

Next

Do you assess third parties for risk across multiple criteria/domains?
No
Yes – across a couple
Yes – comprehensive & according to engagement

Next

Is performance management embedded in your wider third-party program?
No
Not yet, but working on it
Yes

Next

How often do you assess third parties for risk?
Never
Once – when we onboard
Occasionally – e.g. when we renew contracts
Regularly – according risk profile
Continually – changes in risk profile trigger review

Next

Our policies and procedures for third party management are:
Non existent
Developed but not yet fully rolled out
Documented & consistently applied at the departmental level
Documented & consistently applied across the organization

Next

Do you have senior management & board sponsorship of your program?
No
Yes, we have some engagement
Yes, our program is actively championed

Next

What level of monitoring and reporting across third-party governance, risk & compliance do you have for your program?
Little to no reporting
Limited reporting at department level
Clear reporting at a departmental level (but not enterprise)
Clear reporting at both department & enterprise levels
Clear reporting, including performance metrics, at departmental & enterprise levels

Next

How robust is your ability to audit your program?
We have no audit trail
Some limited ability but it would take time & be incomplete
Full audit trail, but it's not easily accessible
We have a full audit trail, available on demand

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S1 / Ad Hoc
S2
S3
S4
S5
Stage
01
Benchmark
4%
Progress
Just starting
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S1
S2 / Fragmented
S3
S4
S5
Stage
02
Benchmark
29%
Progress
On your way
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S1
S2
S3 / Defined
S4
S5
Stage
03
Benchmark
28%
Progress
Defined
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S1
S2
S3
S4 / Integrated
S5
Stage
04
Benchmark
30%
Progress
Integrated
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S1
S2
S3
S4
S5 / Agile
Stage
05
Benchmark
9%
Progress
Agile
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