As every compliance practitioner is aware, third parties present an enormous risk that must be closely managed. A well-designed compliance program should apply risk-based due diligence and have a process for the full lifecycle of third-party risk management.

Download this eBook to learn the six steps in the lifecycle of risk-based third-party due diligence:

• Business justification
• Triage
• Questionnaire to third party
• Due diligence on third party
• Compliance terms and conditions, including payment terms
• Management and oversight of third parties after contract signing

In this guide, we’ll explore each of these steps in detail, so you can fully operationalize your third-party risk management program.