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Third-Party Risk Management Built for Financial Services

Automated vendor assessments, real-time monitoring, and regulatory compliance across DORA, SAMA, and MAS TRM guidelines. 

Third-Party Risk Management Built for <span>Financial Services  </span>

Why Financial Services Need Autonomous TPRM

Financial institutions face unprecedented third-party risk complexity driven by digital transformation, fintech partnerships, and regulatory intensification. These standards all demand continuous vendor oversight, concentration risk management, and operational resilience testing. 

ComplyScore® delivers:

Automated TPRM infrastructure that scales without headcount bloat

Continuous compliance across regulatory frameworks

Defensible due diligence across thousands of vendor relationships

TPRM Challenges Facing Financial Services Organizations

Regulatory compliance across jurisdictions

DORA Article 28, SAMA ERM framework, MAS TRM guidelines, and OCC guidance impose overlapping but distinct third-party risk requirements demanding coordinated compliance.

Concentration risk and operational resilience

Heavy reliance on cloud providers, payment processors, and core banking vendors creates single points of failure requiring documented mitigation strategies and alternative provider analysis.

Fourth-party and sub-contractor visibility

Critical vendors engage their own sub-contractors creating extended risk chains that manual assessment programs cannot effectively monitor.

Rapid fintech partnership onboarding

Digital banking initiatives require fast vendor onboarding while maintaining thorough due diligence, creating tension between business speed and risk management.

Continuous monitoring at scale

Annual vendor reviews cannot detect emerging risks in real-time, leaving institutions exposed to vendor incidents between assessment cycles.

How ComplyScore® Addresses Third-Party Risks in Financial Services 

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Regulatory Compliance Across Frameworks

ComplyScore® maintains pre-mapped assessment templates for DORA, SAMA, MAS TRM, GLBA, SOX 404, and Federal Reserve guidance. When regulators update requirements, the platform updates questionnaires and control mappings automatically. Audit-ready compliance packs generate with one click showing complete evidence of due diligence, continuous monitoring, and remediation tracking aligned to each framework's specific requirements. 

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Concentration Risk and Resilience Management

Executive dashboards visualize vendor concentration across service categories, geographies, and criticality tiers. The platform identifies single points of failure where multiple business units depend on one vendor. Scenario modeling simulates vendor failure impact on operations, and exit strategy documentation tracks alternative provider analysis and transition plans required by DORA Article 28(9) and similar regulations.

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Fourth-Party Visibility and Control

ComplyScore® tracks sub-contractor relationships with visibility into data flows and control implementation throughout vendor chains. When critical vendors engage sub-contractors, the platform triggers assessments evaluating whether equivalent safeguards and contractual protections apply. Automated monitoring alerts you when sub-contractors experience security incidents or compliance status changes affecting your risk exposure. 

Prefilled questionnaires

Accelerated Fintech Onboarding

AI-prefilled questionnaires and vendor profile intelligence reduce assessment completion time from 30-45 days to under 10 days. Fintech vendors access self-service portals where they upload evidence, delegate questions to internal experts, and track progress in real-time. Automated evidence review flags gaps immediately rather than after manual analyst review, eliminating back-and-forth delays.

Compliance for Financial Services Built-In

Pre-mapped control libraries, audit-ready reporting, and jurisdiction-aware workflows ensure compliance across global operations.

  • US: Federal Reserve SR 13-19, OCC 2013-29, GLBA, SOX 404, FFIEC guidance 
  • India: DPDP, RBI 
  • Europe: DORA, GDPR, EBA Guidelines 
  • GCC: SAMA ERM Framework, UAE NESA, Qatar NCSC 
  • APAC: MAS TRM Guidelines, RBI Outsourcing Guidelines, APRA CPS 234 
     

Key TPRM Capabilities for Financial Services

Accelerated Onboarding: 

4-6X faster vendor assessments with AI assistance

Continuous Monitoring: 

Real-time vendor security and compliance status tracking 

Operational Resilience Testing: 

Scenario modeling and exit strategy documentation

Connect with us to eliminate your business inefficiencies
Connect with us to eliminate your business inefficiencies
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