Digital-led Risk Transformation

Third Party Risk Management Software Solution - Third Party Risk Protect

Tool for third party risk management programs

A PwC India Third-Party Vendor Risk Management Software

PwC’s Third-Party Risk Protect tool is designed to transform the end-to-end third-party risk management program by accelerating the third-party onboarding, ongoing due diligence, and termination to efficiently manage the associated risks and reduce the potential third-party-related security breaches. It delivers a workflow and reporting capability covering the entire third-party risk management lifecycle from onboarding till termination along with value-added capabilities around adverse event reporting, third-party-related due diligence, and contract lifecycle management.

Major challenges in identifying risks that third-parties pose

Inefficiencies of manual processes

Increased errors as spreadsheets and emails are used to handle TPRM assessments of increasing complexity and scale

Lack of visibility

Lack of a common and consolidated view into the third-party risk profile for executive leadership


Inefficiency and lack of agility as third-party management teams operate in siloed

Lack of flexibility

High upfront investment in terms of cost and time prevents businesses from adopting a GRC based third-party risk management tool

Identifying and mitigating risks with PwC India’s Third Party Risk Protect Solution

Our Third-Party Risk Protect tool is designed to manage the risks around the end-to-end Third Party Risk Management  lifecycle. The tool provides a multitude of benefits around the process, technology, commercial and governance aspects.


Seamless Integration

End-to-end TPRM tool covering workflow management, third-party due-diligence, contract documentation management and real-time reporting platform


Scalability and Accountability

Integrated tool enables organisation to save time and improve resource efficiency to scale their third-party risk management program across organisation  Audit Trail, SLA Management enable full accountability and traceability of actions and changes across operational levels and steps


Real Time Visibility

The real-time reporting capabilities enable effective and timely action and decision-making across business process operations


Faster Time to Value

Lower cost of implementation leveraging start-of-art technology, intuitive onboarding experience and cloud-based deployment model


Addressing Supply Chain Risk

Managing control on extremities of the partner ecosystem. Addressing risks from subcontracting or inconsistent security measures. Managing impact on one part of the portfolio affecting the others

Functioning of our Third-Party Vendor Risk Management Software


Third Party Risk Protect

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Product Owners

Manpreet Singh Ahuja | Chief Digital Officer - PwC India

Aman Goel | Managing Director and Digital Products Leader - PwC India

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