Solution introduction
Conduct ongoing vendor / third party monitoring to ensure their compliance to your processes
Conduct vendor due diligence and ongoing monitoring of all your vendors and outsourced systems to ensure they follow the correct practices as per the expectations of your business
GRACE Vendor risk helps manage information on all third party / vendors, their locations, SLAs and conduct due diligence on their processes. Periodic / continuous monitoring of vendor’s data management processes, business continuity, security management and compliance to regulatory expectations are necessary to identify risk trends and take corrective action
The GRACE platform is built on an industry-standard Oracle stack and can be deployed on-premises (where Oracle is available), in the cloud, and in private/hybrid certified cloud environments.
Our cloud-based offering is available in multiple jurisdictions, including the United States, Canada, UK, Switzerland, and throughout the European Union, ensuring that data remains within the customer's jurisdiction to meet regulatory and end-customer needs. Data privacy, data protection, security, reliability, and availability are taken seriously and have been designed into the product from the ground, up.
You can integrate into your source systems and enhance its capability to make it your own system. GRACE Vendor risk helps manage information on all third party / vendors, their locations, SLAs and conduct due diligence on their processes. Periodic / continuous monitoring of vendor’s data management processes, business continuity, security management and compliance to regulatory expectations are necessary to identify risk trends and take corrective action
