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Glossary › System-of-Record for Risk
What is System-of-Record for Risk?
This central repository maintains risk assessments, issues, controls, approvals, and documentation. In TPRM, it ensures consistent governance, auditability, and traceability across the vendor lifecycle.
FAQs
Why use a system-of-record?
To maintain accuracy and avoid fragmented data.
Does it support audits?
Yes, it provides complete evidence trails.
Can it integrate with other tools?
Yes, via APIs or connectors.
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