{"id":25846031,"date":"2025-11-21T11:41:37","date_gmt":"2025-11-21T10:41:37","guid":{"rendered":"https:\/\/www.values-associates.fr\/third-party-risk-management\/"},"modified":"2026-03-27T09:44:34","modified_gmt":"2026-03-27T08:44:34","slug":"third-party-risk-management","status":"publish","type":"page","link":"https:\/\/www.values-associates.fr\/en\/third-party-risk-management\/","title":{"rendered":"Third-Party Risk Management"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"25846031\" class=\"elementor elementor-25846031 elementor-120\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3edc2269 e-flex e-con-boxed e-con e-parent\" data-id=\"3edc2269\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-40659778 e-con-full e-flex e-con e-child\" data-id=\"40659778\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4e8a409 elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"4e8a409\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"18\" height=\"22\" viewBox=\"0 0 18 22\"><path id=\"icons8-genealogy\" d=\"M10,3V6.549L6.449,10H4v4h.018L2.908,17H1v4H5V17.113l1.027-2.779L7,17v4h4V17H9.129L8,13.9V11.279l4.006-3.891L16,11.215V14h.027l-1.133,3H13v4h4V17.082l1.047-2.768L19.027,17H19v4h4V17H21.158L20,13.832V10H17.623L14,6.531V3Z\" transform=\"translate(-3 23) rotate(-90)\"><\/path><\/svg>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2dc7276d elementor-align-left fil-ariane elementor-widget elementor-widget-breadcrumbs\" data-id=\"2dc7276d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"breadcrumbs.default\">\n\t\t\t\t\t<nav id=\"breadcrumbs\"><span><span><a href=\"https:\/\/www.values-associates.fr\/en\/\">Home<\/a><\/span><\/span><\/nav>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-6177bb42 e-con-full e-flex e-con e-child\" data-id=\"6177bb42\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2a602686 elementor-widget elementor-widget-heading\" data-id=\"2a602686\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\"><span class=\"titre-large\">\n  <span class=\"accent accent-orange\">Third-party risk management<\/span>\n <span class=\"lite\">for<\/span>\n <span class=\"strong\">businesses<\/span>\n <span class=\"lite\">and<\/span>\n <span class=\"strong\">public sector organizations<\/span>\n<\/span><\/h1>\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-5e2d98c e-con-full e-flex e-con e-child\" data-id=\"5e2d98c\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t<div class=\"elementor-element elementor-element-636cddd2 e-con-full e-flex e-con e-child\" data-id=\"636cddd2\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6663aff elementor-widget elementor-widget-heading\" data-id=\"6663aff\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Why third-party risk management?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-378ce79 elementor-widget elementor-widget-heading\" data-id=\"378ce79\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Importance of third-party risk management in the current context<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6ff7c43b elementor-widget elementor-widget-text-editor\" data-id=\"6ff7c43b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Third-party risk management has never been more essential for any type of public or private organization. In <strong>a context of increasing regulatory pressures<\/strong> and <strong>increasingly complex relationships with external partners<\/strong>, businesses and public sector organizations find themselves navigating a constantly evolving risk environment. Third-party risks are numerous and varied. Whether they involve corruption risks, reputational risks, cybersecurity risks, security risks, business continuity risks&#8230; all are experiencing a particularly marked increase.   <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-23bbfaa1 e-con-full e-flex e-con e-child\" data-id=\"23bbfaa1\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-379073c elementor-widget elementor-widget-image\" data-id=\"379073c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"800\" height=\"450\" src=\"https:\/\/www.values-associates.fr\/wp-content\/uploads\/2025\/12\/04-logiciel-audit-interne-reporting-1024x576.png\" class=\"attachment-large size-large wp-image-25845532\" alt=\"Internal audit software interface - Reporting\" srcset=\"https:\/\/www.values-associates.fr\/wp-content\/uploads\/2025\/12\/04-logiciel-audit-interne-reporting-1024x576.png 1024w, https:\/\/www.values-associates.fr\/wp-content\/uploads\/2025\/12\/04-logiciel-audit-interne-reporting-300x169.png 300w, https:\/\/www.values-associates.fr\/wp-content\/uploads\/2025\/12\/04-logiciel-audit-interne-reporting-768x432.png 768w, https:\/\/www.values-associates.fr\/wp-content\/uploads\/2025\/12\/04-logiciel-audit-interne-reporting-1536x864.png 1536w, https:\/\/www.values-associates.fr\/wp-content\/uploads\/2025\/12\/04-logiciel-audit-interne-reporting.png 1920w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-9e5716e e-con-full e-flex e-con e-child\" data-id=\"9e5716e\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-cb90b70 elementor-widget elementor-widget-heading\" data-id=\"cb90b70\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Third-party risk management: what are the challenges?<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-69a1d1a elementor-widget elementor-widget-text-editor\" data-id=\"69a1d1a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Among the most critical risks, <strong>IT security breaches<\/strong> can expose sensitive data to cyberattacks. Non-compliance with regulations such as the Sapin II law or duty of vigilance can not only result in financial penalties but also affect the organization&#8217;s reputation. <\/p><p>The implementation of a <strong>third-party risk management framework<\/strong>, through the deployment of prevention and control measures, aims to reduce the various third-party risks identified within the organization. Risk control measures may require the establishment of an escalation system based on the nature and complexity of the third-party assessment. Mitigation measures will also reduce the organization&#8217;s vulnerability by preventing and reducing identified risks.  <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-7bcddf00 e-flex e-con-boxed e-con e-parent\" data-id=\"7bcddf00\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4085441e elementor-widget elementor-widget-heading\" data-id=\"4085441e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"titre-large\">\n  <span class=\"strong\">Understanding the foundations<\/span>\n <span class=\"lite\">of<\/span><br> <span class=\"accent accent-orange\">third-party risk management<\/span>\n<\/span>\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-571197f elementor-widget elementor-widget-text-editor\" data-id=\"571197f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>The implementation of an <strong>effective third-party risk management framework<\/strong> is based on defining a clear policy and communicating the operating procedures and associated tools throughout the entire organization.<\/p><p>From detailed risk assessment for each third party, to implementing appropriate control measures and regular monitoring. All steps are critical to ensure the framework&#8217;s performance throughout the various stages. <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-408478a5 e-con-full e-flex e-con e-child\" data-id=\"408478a5\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t<div class=\"elementor-element elementor-element-1bd9f720 e-con-full e-flex e-con e-child\" data-id=\"1bd9f720\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7dedc2d elementor-widget elementor-widget-heading\" data-id=\"7dedc2d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Step 1: Identification of third parties and risk assessment procedures<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-20b0325 elementor-widget elementor-widget-text-editor\" data-id=\"20b0325\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>The first step to <strong>control third-party risks<\/strong> is to <strong>comprehensively identify<\/strong> the different categories of third parties as well as the associated risks that may impact the organization, given its activities and strategy. The assessment of a third party is based on identifying and estimating the risks to which they expose the organization. Depending on the types of risks identified and based on severity and frequency of occurrence, the organization can decide to initiate, continue, or terminate the relationship with a third party. It can also decide to implement specific remediation actions. These measures can be managed, depending on the case, prior to the assessment, after conditional approval of a third party, or throughout the entire assessment period.    <\/p><p>The third-party assessment framework is thus based on <strong>the relevance and quality of the information collected<\/strong> to define the level of risk that a third party represents for the organization. Hence the importance of defining in advance: <\/p><ul><li><strong>The roles and scope of each contributor<\/strong>, for example in collecting information and processing it<\/li><li><strong>The validation process<\/strong> including escalation principles as well as assessment procedures and tools based on the identified risk level: frequency of due diligence, choice of tools such as questionnaires, specific databases, document analysis&#8230;<\/li><li><strong>The criteria<\/strong> that will enable selection of the appropriate assessment level for each identified third party and associated actions<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-35f6a85e e-con-full e-flex e-con e-child\" data-id=\"35f6a85e\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d79599d elementor-widget elementor-widget-heading\" data-id=\"d79599d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Step 2: Monitoring, reporting, and continuous improvement<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-989cc53 elementor-widget elementor-widget-text-editor\" data-id=\"989cc53\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Once third parties are identified and assessed, <strong>implementing regular monitoring and continuous surveillance<\/strong> is critical. This monitoring and surveillance framework may lead to updates of risk assessments based on changes in the organization&#8217;s external or internal environment. Notifications, alerts, and real-time reports help maintain a clear and current view of risks associated with third parties. They facilitate and ensure optimized control and proactive management of the organization&#8217;s third-party risks. Here again, it is essential that the framework&#8217;s monitoring can be supported by quality data.    <\/p><p>It is also essential that the following have been specified in advance:<\/p><ul><li aria-level=\"1\"><strong>The roles of different stakeholders<\/strong> in the monitoring and updating process<\/li><li aria-level=\"1\"><strong>The procedures and tools for review<\/strong> and updating of information <\/li><li aria-level=\"1\"><strong>The criteria<\/strong> triggering a new risk assessment and potentially new associated actions<\/li><\/ul><p> <\/p><p>Third-party risk management is never static. Lessons learned, whether directly reported by contributors or derived from performance reviews or audits, are a valuable source enabling optimization and continuous improvement. <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-68d7c759 e-flex e-con-boxed e-con e-parent\" data-id=\"68d7c759\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3a45f590 elementor-widget elementor-widget-heading\" data-id=\"3a45f590\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"titre-large\">\n  <span class=\"strong\">The benefits<\/span>\n <span class=\"lite\">of<\/span><br> <span class=\"accent accent-orange\">optimized third-party risk management<\/span>\n<\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3ab8c417 elementor-widget elementor-widget-text-editor\" data-id=\"3ab8c417\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>The objective of any organization: <strong>to rely on controlled and effective third-party risk management<\/strong>.<\/p><p>On the agenda: enhanced protection of the organization&#8217;s assets and resources. An optimized framework also contributes to improving stakeholder confidence as well as the organization&#8217;s sustainability and resilience. <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-5cda110e e-con-full e-flex e-con e-child\" data-id=\"5cda110e\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d0e13c7 elementor-widget elementor-widget-n-accordion\" data-id=\"d0e13c7\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;default_state&quot;:&quot;all_collapsed&quot;,&quot;max_items_expended&quot;:&quot;one&quot;,&quot;n_accordion_animation_duration&quot;:{&quot;unit&quot;:&quot;ms&quot;,&quot;size&quot;:400,&quot;sizes&quot;:[]}}\" data-widget_type=\"nested-accordion.default\">\n\t\t\t\t\t\t\t<div class=\"e-n-accordion\" aria-label=\"Accordion. Open links with Enter or Space, close with Escape, and navigate with Arrow Keys\">\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-2190\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"1\" tabindex=\"0\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-2190\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> \ud83e\udd1d Strengthened stakeholder confidence <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span>\n\t\t\t<span class='e-closed'><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-plus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H272V64c0-17.67-14.33-32-32-32h-32c-17.67 0-32 14.33-32 32v144H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h144v144c0 17.67 14.33 32 32 32h32c17.67 0 32-14.33 32-32V304h144c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-2190\" class=\"elementor-element elementor-element-74d2605 e-con-full e-flex e-con e-child\" data-id=\"74d2605\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-35d428d elementor-widget elementor-widget-text-editor\" data-id=\"35d428d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>For a business or public entity, <strong>demonstrating its ability to control third-party risks<\/strong> is a valuable asset. This can translate into improved brand image and reputation, more favorable financing conditions, or increased loyalty from teams, partners, clients, or users. <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-2191\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"2\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-2191\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> \ud83c\udf31 Sustainability and resilience <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span>\n\t\t\t<span class='e-closed'><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-plus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H272V64c0-17.67-14.33-32-32-32h-32c-17.67 0-32 14.33-32 32v144H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h144v144c0 17.67 14.33 32 32 32h32c17.67 0 32-14.33 32-32V304h144c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-2191\" class=\"elementor-element elementor-element-550932d e-con-full e-flex e-con e-child\" data-id=\"550932d\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-9ab4dcf elementor-widget elementor-widget-text-editor\" data-id=\"9ab4dcf\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><strong>By anticipating third-party risks<\/strong> and associated events, by implementing effective control frameworks and mitigation strategies, the business, local authority, or public administration prepares itself to overcome adverse impacts related to changes in its environment with more advantages at hand.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"\\ud83e\\udd1d Strengthened stakeholder confidence\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"For a business or public entity, demonstrating its ability to control third-party risks is a valuable asset. This can translate into improved brand image and reputation, more favorable financing conditions, or increased loyalty from teams, partners, clients, or users.\"}},{\"@type\":\"Question\",\"name\":\"\\ud83c\\udf31 Sustainability and resilience\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"By anticipating third-party risks and associated events, by implementing effective control frameworks and mitigation strategies, the business, local authority, or public administration prepares itself to overcome adverse impacts related to changes in its environment with more advantages at hand.\"}}]}<\/script>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-86e56c2 e-flex e-con-boxed e-con e-parent\" data-id=\"86e56c2\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[],&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5dc1fbb6 elementor-widget elementor-widget-heading\" data-id=\"5dc1fbb6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"titre-large\">\n  <span class=\"accent accent-orange\">Third-party risk management:<\/span>\n <span class=\"lite\">now an<\/span>\n <span class=\"strong\">essential pillar<\/span> \n<\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5bdf29fa elementor-widget elementor-widget-text-editor\" data-id=\"5bdf29fa\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>In conclusion, third-party risk management has become <strong>essential to safeguard resources and assets<\/strong>, including reputation, and to ensure the resilience and sustainability of public and private organizations in an increasingly complex and regulated environment.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-6f9defd9 e-con-full e-flex e-con e-child\" data-id=\"6f9defd9\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t<div class=\"elementor-element elementor-element-2a7041bb e-con-full e-flex e-con e-child\" data-id=\"2a7041bb\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-10b6d670 elementor-widget elementor-widget-text-editor\" data-id=\"10b6d670\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><b>It is based on:<\/b><\/p><p>\ud83d\udca1 <strong>A clear policy<\/strong> and solid internal communication<\/p><p>\ud83d\udcdd <strong>Comprehensive identification and detailed assessment of risks<\/strong> associated with each third party, supported by appropriate operating procedures and tools<\/p><p>\ud83d\ude80 <strong>Continuous monitoring and regular updates<\/strong>. <\/p><p><br>Third-party risk management transforms challenges into opportunities for sustainable growth and prepares organizations for an uncertain and changing environment.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d6acd80 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"d6acd80\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/www.values-associates.fr\/gestion-risques-tiers\/logiciel\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Discover our software dedicated to third-party risk management<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-37bf123d e-con-full e-flex e-con e-child\" data-id=\"37bf123d\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2e5f8664 elementor-widget elementor-widget-image\" data-id=\"2e5f8664\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"800\" height=\"450\" src=\"https:\/\/www.values-associates.fr\/wp-content\/uploads\/2026\/01\/perspectives-audit-interne-logiciel-1024x576.webp\" class=\"attachment-large size-large wp-image-25846032\" alt=\"Internal audit perspectives - Software\" srcset=\"https:\/\/www.values-associates.fr\/wp-content\/uploads\/2026\/01\/perspectives-audit-interne-logiciel-1024x576.webp 1024w, https:\/\/www.values-associates.fr\/wp-content\/uploads\/2026\/01\/perspectives-audit-interne-logiciel-300x169.webp 300w, https:\/\/www.values-associates.fr\/wp-content\/uploads\/2026\/01\/perspectives-audit-interne-logiciel-768x432.webp 768w, https:\/\/www.values-associates.fr\/wp-content\/uploads\/2026\/01\/perspectives-audit-interne-logiciel-1536x864.webp 1536w, https:\/\/www.values-associates.fr\/wp-content\/uploads\/2026\/01\/perspectives-audit-interne-logiciel.webp 1920w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-72f32879 e-flex e-con-boxed e-con e-parent\" data-id=\"72f32879\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-62cc20ff e-con-full e-flex e-con e-child\" data-id=\"62cc20ff\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-642b77b6 elementor-widget elementor-widget-heading\" data-id=\"642b77b6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Discover our software dedicated to third-party risk management<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-532b2831 elementor-widget elementor-widget-text-editor\" data-id=\"532b2831\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Values Associates has developed <a href=\"https:\/\/www.values-associates.fr\/gestion-risques-tiers\/logiciel\">software dedicated to third-party risk management<\/a> for businesses and public sector organizations.<\/p><p><strong>Discover our software and request a demo.<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-419de290 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"419de290\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/www.values-associates.fr\/en\/internal-audit\/internal-audit-software\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Discover our internal audit software<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-4f100773 e-con-full e-flex e-con e-child\" data-id=\"4f100773\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-45fa3751 elementor-widget elementor-widget-image\" data-id=\"45fa3751\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"800\" height=\"450\" src=\"https:\/\/www.values-associates.fr\/wp-content\/uploads\/2026\/01\/logiciel-cartographie-des-risques-gif-1024x576.gif\" class=\"attachment-large size-large wp-image-25845945\" alt=\"Risk Mapping Software - Gif\" srcset=\"https:\/\/www.values-associates.fr\/wp-content\/uploads\/2026\/01\/logiciel-cartographie-des-risques-gif-1024x576.gif 1024w, https:\/\/www.values-associates.fr\/wp-content\/uploads\/2026\/01\/logiciel-cartographie-des-risques-gif-300x169.gif 300w, https:\/\/www.values-associates.fr\/wp-content\/uploads\/2026\/01\/logiciel-cartographie-des-risques-gif-768x432.gif 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-a97643f e-flex e-con-boxed e-con e-parent\" data-id=\"a97643f\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-cac3870 elementor-widget elementor-widget-heading\" data-id=\"cac3870\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">FREQUENTLY ASKED QUESTIONS ABOUT THIRD-PARTY RISK MANAGEMENT<\/h2>\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-9196692 e-con-full e-flex e-con e-child\" data-id=\"9196692\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[],&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-a44cea0 e-con-full e-flex e-con e-child\" data-id=\"a44cea0\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-be8a071 elementor-widget elementor-widget-n-accordion\" data-id=\"be8a071\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;default_state&quot;:&quot;all_collapsed&quot;,&quot;max_items_expended&quot;:&quot;one&quot;,&quot;n_accordion_animation_duration&quot;:{&quot;unit&quot;:&quot;ms&quot;,&quot;size&quot;:400,&quot;sizes&quot;:[]}}\" data-widget_type=\"nested-accordion.default\">\n\t\t\t\t\t\t\t<div class=\"e-n-accordion\" aria-label=\"Accordion. Open links with Enter or Space, close with Escape, and navigate with Arrow Keys\">\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1990\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"1\" tabindex=\"0\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-1990\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> What is third-party risk management? <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span>\n\t\t\t<span class='e-closed'><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-plus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H272V64c0-17.67-14.33-32-32-32h-32c-17.67 0-32 14.33-32 32v144H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h144v144c0 17.67 14.33 32 32 32h32c17.67 0 32-14.33 32-32V304h144c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-1990\" class=\"elementor-element elementor-element-bf7e19b e-con-full e-flex e-con e-child\" data-id=\"bf7e19b\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-022df1f elementor-widget elementor-widget-text-editor\" data-id=\"022df1f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Third-party risk management involves <strong>identifying, assessing, and prioritizing for each third party the potential risks to the organization related to that third party<\/strong>. This initial phase enables the organization to decide whether to initiate, continue, or terminate the relationship with the third party. It can also decide to implement specific remediation actions.  <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1991\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"2\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-1991\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> Why is it important to manage third-party risks? <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span>\n\t\t\t<span class='e-closed'><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-plus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H272V64c0-17.67-14.33-32-32-32h-32c-17.67 0-32 14.33-32 32v144H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h144v144c0 17.67 14.33 32 32 32h32c17.67 0 32-14.33 32-32V304h144c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-1991\" class=\"elementor-element elementor-element-40e4ddf e-con-full e-flex e-con e-child\" data-id=\"40e4ddf\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2712c43 elementor-widget elementor-widget-text-editor\" data-id=\"2712c43\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Third-party risk management has become essential for all organizations, public or private, due to <strong>increasingly numerous and complex relationships with external partners<\/strong> as well as increasing regulatory pressures, for example around issues related to anti-corruption or duty of vigilance.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1992\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"3\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-1992\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> How to assess third-party risks in an organization? <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span>\n\t\t\t<span class='e-closed'><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-plus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H272V64c0-17.67-14.33-32-32-32h-32c-17.67 0-32 14.33-32 32v144H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h144v144c0 17.67 14.33 32 32 32h32c17.67 0 32-14.33 32-32V304h144c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-1992\" class=\"elementor-element elementor-element-4f5d189 e-con-full e-flex e-con e-child\" data-id=\"4f5d189\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d10925b elementor-widget elementor-widget-text-editor\" data-id=\"d10925b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Third-party risk management is based on <strong>comprehensive identification of third-party categories and associated risks<\/strong>, followed by <strong>an assessment based on the severity and frequency of risks<\/strong>.<\/p><p>Based on the results, the organization can initiate, maintain, or terminate its relationships with a third party, and implement specific remediation actions. Regular monitoring and continuous surveillance are essential. Third-party risk management must be constantly improved through lessons learned and performance reviews.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is third-party risk management?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Third-party risk management involves identifying, assessing, and prioritizing for each third party the potential risks to the organization related to that third party. This initial phase enables the organization to decide whether to initiate, continue, or terminate the relationship with the third party. 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In a context of increasing regulatory pressures and increasingly complex relationships with external partners, businesses and public [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-25846031","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Third-Party Risk Management | Values Associates<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.values-associates.fr\/en\/third-party-risk-management\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Third-Party Risk Management | Values Associates\" \/>\n<meta property=\"og:description\" content=\"Third-party risk management for businesses and public sector organizations Why third-party risk management? 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