Latest Discussions

  • I actually saw this one in my email this am and already read it haha chase caught my interest!!

  • The great thing about public enterprises is that everything is available- its the magnitude of documentation that can be overwhelming due to the amount of regulation and oversight they are subject ...

  • Hello everyone! I'm wondering how you handle due diligence for vendors like, The Federal Home Loan Mortgage Corporation (Freddie Mac). We're thinking it would be very hard to get any type ...

  • Posted in: Risk Assessments

    During the onboarding process, we look at the use case and determine the Risk to the product or service as well as the impact should something go wrong. Business continuity is fine but again, ...

Trending Discussions

  • Posted in: Risk Assessments

    ​Hello, would anyone be willing to share a checklist or document for Risk Assessments of Critical Vendors SOC Reports?​​

    2 people like this.
  • Posted in: Contract Management

    Hi all, I'm looking for recommendations on the components of a well-formed disaster recovery clause. I have a few examples, and from what I can tell the more complete ones have the following ...

Most Recent Announcements

  • Seeking Your Input - Annual TPRM Survey!

    Hi Community Members, We’re looking for your valuable input! Venminder is conducting their annual survey for the State of Third-Party Risk Management 2021 whitepaper and we’re hoping you may have 5 minutes to spare to help out and take the survey. The complimentary whitepaper will be released in early January and will provide you with industry trends and data that you can use to compare your own ... More
  • Community Update - 1,000 Members

    Hi Everyone, I want to share some very exciting news with you all. We have reached 1,000 community members! This is a milestone we’re very proud of and it’s all thanks to the fantastic third-party risk conversations you all are having every day. As always, please let me know if you have any thoughts or feedback on ways that we can improve the community. In the meantime, here are some links ... More

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Learn more about the Third Party ThinkTank Community


The professionals who take on the job of third party risk ensure the right steps are taken to protect their organizations from vendor risks and avoid costly regulatory enforcement actions. While risk comes in many forms - a good third party risk management program can help address financial, reputation, credit, operational risk and much more during the business lifecycle. 

This dedicated and free community is open to those involved in or running third party risk management programs at their organization. Inside you have the opportunity to network, share stories, ask questions, give advice and gain access to a vast library of educational content, webinars and training opportunities. 


Latest Articles

  • Can you believe it's already the end of the year? December is here, and with only a few weeks left of 2020, it's the perfect time to make sure you stay updated on recent industry news. Find out what you may have missed by reading below!
  • No one wants to go into any type of relationship already planning its potential end, but when it comes to business engagements, it’s simply a best practice. An exit strategy is your best insurance against any messy loose ends should you find you need to go separate ways within a business relationship. Yet, exit strategies often slip through the cracks, and without one in place, you risk putting your organization in an untenable position.
  • When we say, “vendor management program,” what we really mean is a plan established to protect your organization from vendor risk. When you outsource a product or service to a third-party vendor (or even to a fourth-party vendor) you’re exposing your organization to a whole host of risks, including financial, operational, reputational, transactional and more. Sounds a wee bit concerning, doesn’t it? Well… that’s because it can be. Don’t panic quite yet. Let’s take a moment to review some pretty important vendor management program details and it should all get a bit clearer.