Risk → Control → ConfidenceA Regulator-Aligned, Human-Led Methodology
Operational TPRM Ownership With Regulatory Rigor
Fortrex runs your Third-Party Risk Management program as an ongoing operating model—not staff augmentation or ad-hoc consulting—so execution is consistent, exam-ready, and sustainable.
Our approach includes:
- Design the operating model: Define TPRM governance, roles, workflows, and service levels aligned to regulatory expectations
- Maintain vendor inventory and tiering: Keep a current, risk-tiered vendor inventory with clear criticality and inherent risk
- Execute vendor assessments at scale: Schedule, perform, and validate assessments (including VendSure® where appropriate) using consistent criteria
- Track issues and remediation: Log findings, assign ownership, monitor remediation, and escalate when risk is not addressed
- Oversee contracts and recertifications: Track contract terms, expirations, and recertification cycles so renewals happen on time
- Sustain documentation and audit readiness: Maintain evidence, decisions, and reporting so the program remains continuously exam-ready
This operating model keeps your TPRM program consistent, defensible, and exam-ready without adding internal headcount.
Why Regulated Organizations Choose Fortrex
- Fully managed TPRM without hiring additional staff
- Human-led assessments, not automation only
- Consistent execution and accountability
- Reduced audit stress and preparation time
- Predictable compliance outcomes
- Backed by Fortrex's compliance-first legacy since 1997
Support for Your Program
How Fortrex supports your program evolution.
TPRM Program Design & Execution
Expert-Led- Fortrex designs and runs your TPRM program with a structured, ongoing operating model—not staff augmentation or ad-hoc consulting.
- You retain oversight and decision authority; Fortrex manages execution.
Vendor Inventory & Risk Tiering
- Vendor inventory management and risk tiering aligned to your business and regulatory expectations.
- Continuous visibility into vendor risk status and coverage.
Vendor Assessments at Scale
- Scheduling and completion of vendor assessments; review and validation of assessment results.
- Human-led VendSure® assessments where appropriate, delivered through the VendorPoint® platform.
Issue Tracking & Remediation
- Issue tracking, remediation follow-up, and escalation with full audit traceability.
- Clear reporting on assessments, findings, and remediation; predictable timelines.
Contract & Recertification Oversight
- Contract tracking, recertification, and renewal oversight to keep your program current.
- Evidence and documentation maintained for audits, exams, and inquiries.
Documentation & Audit Support
- Maintains documentation and evidence; ongoing regulatory and audit support.
- Your program remains consistent, defensible, and exam-ready.
