Vendor Diligence and Management

Third-party risk management (TPRM) and vendor due diligence

Third-party risk management (TPRM) is the process of monitoring, validating, and remediating risks presented by third-party vendors. TPRM helps ensure your vendors protect your data, comply with regulations, and provide sustainable services that meet your requirements. However, vendor risk management can be a costly and time-consuming task. Our vendor management outsourcing service (VMOS) allows your company to offload the vendor due diligence and risk assessment process. Unlike other vendor risk management solutions and vendor management software providers, ACA's VMOS will help your company save valuable time and resources in order to focus on more strategic tasks.

CONNECT WITH US


CONNECT WITH US


Our solutions

Vendor Due Diligence

Our team administers due diligence questionnaires (DDQs), ensures vendors reply in a timely manner, and provides vendor support.

 

Analysis

Our team analyzes DDQ responses, evidence, and audits to identify vendor risks.

 

Reporting

You can track vendor diligence progress and view findings in our vendor risk management software platform.

Additional Advisory Services
  • On-site validation
  • On-site vendor due diligence
  • TPRM program development
  • Vendor risk ranking

 

GDPR Vendor Diligence

We can help determine if your vendors are compliant with GDPR requirements, working towards compliance, or have not considered the implications of GDPR. Our vendor management outsourcing service platform includes a GDPR-specific due diligence questionnaire that can be administered as a standalone questionnaire at a reduced rate, or as part of the standard ACA Aponix vendor DDQ.

1 of
Solution Spotlight

Our Vendor Management Software

Our vendor management software allows you to track DDQ progress and vendor risk assessment results. Key features include:

  • Vendor Risk Dashboard — View key metrics (e.g., vendors diligenced, progress of diligence reviews, and vendor comments)
  • Vendor Registry — View vendor data in centralized location (e.g., product lines, type of diligence performed, and contracts)
  • Vendor Risk Matrix — View all risks identified (e.g., ratings, issues), vendor communication, and mitigation/remediation activities
  • Questionnaire Status — Track the completion status of vendor DDQs and on-site reports

Why work with us?

Dedicated Team Of InfoSec Risk Analysts

Our vendor risk assessments are developed and managed by a team of information security risk analysts in ACA’s centralized, cost-effective analysis and review center (the ARC) in Pittsburgh, PA. The ARC’s dedicated vendor management outsourcing service team is overseen by an experienced vendor risk specialist and includes former senior managers in risk management, insider threat specialists, and data security officers from various industries, including financial services, banking, and healthcare. Over 750 clients and 2,000 vendors have chosen ACA to manage their vendor management process and mitigate third party risks.  
 

Our Vendor Risk Assessments

Our tailored, proprietary vendor due diligence questionnaires (DDQ) include over 300 questions and are customized for each vendor type to provide an accurate assessment of possible risks. Topics include:

  • General Data Protection Regulation (GDPR) compliance
  • Cyber awareness training
  • Governance
  • Physical and environmental security
  • Network security, infrastructure, and operations
  • Organizational overview and structure
  • Financials
  • Legal and compliance
  • Vendor management and oversight
  • Change management
  • Cloud services
  • Access controls
  • Mobile device management
  • Resiliency
  • Asset management
  • Data loss prevention

Why ACA?

Clients

750+

Vendors diligenced

2,500+

Latest Insights

highway at night from overhead

Outsourcing Regulatory Filings: A Strategic Advantage for Investment Managers

Regulatory filings can often be both time-consuming and resource-intensive. Outsourcing the filing process can provide many benefits

Article
  • Regulatory Deadlines
highway at night from overhead

Mastering Employee Compliance: Key Strategies for CCOs

Key strategies can help you effectively manage employee compliance, foster a culture of adherence, and support the organization's overall success.

Article
  • Compliance
  • ComplianceAlpha
New York City from above at twilight

Former SEC Leader Robert Baker Joins ACA Group's Tech-Enabled Mock Examination Team

We are pleased to announce that Robert Baker, JD, CFA has joined ACA Group, bringing nearly two decades of experience from the Examination and Enforcement Division at the SEC.

News
  • ACA News
highway at night from overhead

Automating Success: How Tech-Driven Compliance Becomes A Competitive Differentiator

By automating routine tasks and consolidating data, RegTech can enable compliance teams to focus on what really matters.

Article
  • RegTech
  • ComplianceAlpha
  • AML and Financial Crime
  • eComms Surveillance
  • Trade Surveillance
Cyber

Embracing Advanced Technologies: Key Takeaways From the 1LoD Asset Management Compliance Leaders’ Network

Communications surveillance has emerged as a critical area for asset managers to ensure compliance.

Article
  • RegTech
  • ComplianceAlpha
  • eComms Surveillance
rainbow map

ACA Group Broadens Global Footprint Through Acquisition of the Effecta Compliance Group

Acquisition strengthens ACA’s ability to support clients expanding into the UAE and broadens offering to UK firms .

News
  • ACA News

News

Former SEC Leader Robert Baker Joins ACA Group's Tech-Enabled Mock Examination Team

We are pleased to announce that Robert Baker, JD, CFA has joined ACA Group, bringing nearly two decades of experience from the Examination and Enforcement Division at the SEC.

ACA Group Broadens Global Footprint Through Acquisition of the Effecta Compliance Group

Acquisition strengthens ACA’s ability to support clients expanding into the UAE and broadens offering to UK firms .

No Conversation Left Behind: ACA's Advanced Communication Channel Capture for Total Oversight

ACA Expands Communication Channel Capture to Strengthen Compliance Oversight

Upcoming events

Lessons Learned from 2024's Scariest Cyber Breaches

Join ACA Aponix’s cybersecurity experts Greg Slayton and Aaron Pinnick for our annual discussion of some of the most interesting and impactful cybersecurity breaches and incidents that occurred in 2024.

Webcast

Beyond the CCO: Firmwide Benefits of Outsourcing GRC

We'll explain how the decision to outsource GRC services is no longer just a win for the Chief Compliance Officer – it offers a solution that can deliver substantial value across the entire C-suite and enterprise.

Webcast