Understanding Third-Party Governance, Risk Management & Compliance (GRC) Solutions: Part of the OCEG™ GRC Technology Series

Join us as we explore the benefits of integrated Third-Party GRC solutions that provide governance, monitoring, and compliance management across the lifecycle of third-party relationships. We will walk through how these solutions address the challenges of managing complex third-party ecosystems, from onboarding to ongoing monitoring, audits, and offboarding.

Highlights

• Discuss the top challenges organizations face in managing third-party objectives, risks, and compliance—such as siloed oversight, lack of real-time information, and difficulty scaling
• Outline the processes that establish and maintain effective third-party governance, risk management, and compliance
• Define the critical capabilities a Third-Party GRC solution must have, including integrated risk assessments, automated due diligence, issue management, compliance tracking, performance metrics, and audit trails
• Describe how to build a business case for transitioning to an integrated Third-Party GRC platform, using a value framework of efficiency, effectiveness, resilience, and agility

Third-Party GRC solutions unify and automate the governance, risk, and compliance of an organization’s extended enterprise. They enhance transparency by providing real-time insights into third-party performance, risk, and compliance, ensuring that obligations are met and risks are effectively managed. These tools simplify assessments, enable dynamic reporting, and improve alignment with organizational objectives and regulatory requirements.

In this webinar, we will outline the benefits of a strong Third-Party GRC solution and demonstrate how it addresses your organization’s challenges across the third-party lifecycle.

Whether you are evaluating a Third-Party GRC solution for the first time, considering a change from your current system, or seeking to maximize the capabilities of your existing platform, this session will provide a clear path for building a business case for change.

Speakers:

• Adelani Adesida, Managing Director, EMEA, Aravo
• Michael Rasmussen, GRC Analyst & Pundit, GRC 20/20 Research, LLC

GRC 20/20 Speaker

Michael Rasmussen is an internationally recognized authority, thought leader, and pioneer in the disciplines of governance, risk management, and compliance (GRC). With over 30 years of experience, he is globally known for defining and shaping GRC strategy, processes, and technology. In February 2002, while at Forrester Research, Michael developed the concept of GRC — establishing the foundation for how organizations approach strategy, process, and technology in today’s complex business environment. For this, he is widely acknowledged as the “Father of GRC.”

A trusted advisor to boards, executives, and professionals around the world, Michael has dedicated his career to helping organizations design and implement effective GRC strategies that are aligned with business objectives. His work empowers organizations to be more effective, efficient, resilient, and agile. He is a sought-after keynote speaker, author, and advisor, with his thought leadership influencing legislation, regulatory frameworks, and corporate best practices globally.

Michael is the host of the Risk is Our Business podcast, where he leads conversations with global experts exploring the evolving frontiers of risk, resilience, and corporate integrity.

Webinar Sponsor

Aravo delivers the market’s smartest third-party risk and resilience solutions, powered by intelligent automation. For more than 20 years now, Aravo’s combination of award-winning technology and unrivaled domain expertise has helped the world’s most respected brands accelerate and optimize their third-party management programs, delivering better business outcomes faster and ensuring the agility to adapt as programs evolve. With solutions built on technology designed for usability, agility, and scale, even the most complex organizations can keep pace with the high velocity of regulatory change. As a centralized system of record for all data related to third-party risk, Aravo helps organizations achieve a complete view of their third-party ecosystem throughout the lifecycle of the relationship, from intake through off-boarding and all stages in between and across all risk domains. Aravo is trusted by the world’s leading brands, helping them manage their risk and improve the performance of more than 6 million third parties, suppliers and vendors across the globe.

Webinar Host

OCEG (formerly the Open Compliance and Ethics Group) is a global, nonprofit think tank and community. We inform, empower, and help advance our 120,000+ members on governance, risk management, and compliance (GRC). Independent of specific professions, we provide resources, education, and certifications to drive leadership and strategy through the application of the OCEG GRC Capability Model™ and Principled Performance®. An OCEG differentiator, Principled Performance enables the reliable achievement of objectives while addressing uncertainty and acting with integrity. Our members include c-suite, executive, management, and other professionals from small and midsize businesses, international corporations, nonprofits, and government agencies. Founded in 2002, OCEG has locations around the globe.