Third-party risk management services

Utilizing technology, EY teams can help you make better-informed decisions faster about third parties. We examine risk from every angle and provide you with the insights you need to identify the partners that will create better long-term value for your business.

The team

Photographic portrait of Scott McCowan
Scott McCowan
EY Americas Risk Management Leader, Consulting
Photographic portrait of Chris Watson
Chris Watson
EY Americas Risk and Supplier Services Solution Leader
ey photographic protrait of ken lehanka
Ken Lehanka
EY Americas Risk & Supplier Services Product & Innovation Leader

How to reimagine your TPRM program with GenAI and scalable operations

Organizations are reshaping their third-party risk management (TPRM) by integrating generative AI (GenAI) to stay.

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Your business challenge

In the Transformative Age, businesses that are able to make smart decisions at pace thrive. And there aren’t any decisions more important than choosing whom you partner with.

The most agile organizations work with multiple third parties in order to stay competitive. All these relationships are important, but each one adds risk: cyber risk, regulatory risk, brand risk, etc. 

Solution benefits

EY teams offer a complete spectrum of broad services that help enable better decisions about whom you work with and how you manage your third-party risk. Solution benefits include:

  • A proactive, centralized approach to help you develop and enhance your program and monitor unforeseen risks.
  • Ability to implement and integrate systems and technologies to help manage your third-party population across the relationship lifecycle.
  • Increased efficiency and cost savings that enable growth, confidence and trust.

Solution features and functionality

EY services range from strategic consultancy, data-driven transformation and technology implementation, to ongoing management platforms. 

Why EY

The reach and collective knowledge in helping organizations enable better decision-making with EY third-party risk management makes EY teams appropriately positioned to drive innovation in this space. EY approach leverages technology, people and processes to help you remain agile. 

How EY can help

What EY can do for you

In the Transformative Age, businesses that are able to take smart decisions at pace thrive. And there aren’t any decisions more important than choosing who you partner with.

More and more, the most agile organizations work with multiple third parties in order to stay competitive. All these relationships are important, but each one adds risk: cyber risk, regulatory risk, brand risk, etc.

We enable you to make better decisions about who you work with and how you manage this increasingly complex third-party risk landscape.

Services that enable you to make better decisions

We offer a complete spectrum of end-to-end services that enable you to make better decisions about who you work with and how you manage your third-party risk.

Our services range from strategic consultancy, data-driven transformation, technology implementation to ongoing management platforms.

Our latest thinking

2023 EY Global Third-Party Risk Management Survey

The 2023 EY Global Third-Party Risk Management Survey highlights a growing demand for data-driven third-party risk assessment. Read more.

Michael Giarrusso + 2

    The TPRM team

    Scott McCowan

    EY Americas Risk Management Leader, Consulting
    Thought leader in risk management. Disrupting traditional norms of risk and compliance. Inspired by enterprise and consumer technology innovation. Husband and proud father of two. Golfer-in-training.
    Boston, USA

    Chris Watson

    EY Americas Risk and Supplier Services Solution Leader
    Transformational Risk Leader. Champion of Integrated Risk Management, DEI and all that embodies ways of working smarter, not just harder. Proud parent of two.
    Columbus, USA

    Ken Lehanka

    EY Americas Risk & Supplier Services Product & Innovation Leader
    Innovator at heart. Passionate AI champion. Aspiring cocktail connoisseur. Enthusiastic traveler. Proud husband and father. Always pursuing the art of deconstructing complexity.
    Charlotte, USA
    Contact Us

    EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.