Assess the ongoing behaviour, performance and risk of all your third parties

WHAT CAN TRIPLICITY DO FOR MY BUSINESS?

With Triplicity’s powerful cloud software, you can easily automate your third party risk management. Our Third Party Risk Manager helps ensure that your company’s risks are fully understood and well managed, applying a risk-based approach to your third-party vendors. For a complete overview, see the adjacent video.

Features

Triplicity automates all your processes, dramatically reducing your risk and improving strategic relationships with your key third-party vendors.


Features include:

  • A third party register
  • Workflows for risk profiling your third parties
  • Assessments of inherent risk, including template questions for ISO27001 as well as GDPR and POPIA questionnaires to determine your third parties’ maturity
  • TriplicityStep 1: Third party identification
  • TriplicityStep 2: Third party risk profiling
  • TriplicityStep 3: Third party risk assessment
  • TriplicityStep 4: Third party risk reporting
  • TriplicityStep 5: Third party remediation



Identify High-Risk And
Non-Compliant Vendors
Through Our Intuitive
Dashboard

Compare and rate your third parties by risk, category, business unit, or even the application of their agreed service. Improve reliability and reduce your risk by ensuring you continue to work only with parties that comply with industry best practice. Improve your performance by running several thousand third-party assessments simultaneously, and ensure all parties are assessed.

  • TriplicityReduce effort.
  • TriplicityEnsure accountability.
  • TriplicityMeet regulatory requirements.
  • TriplicityAchieve your personal KPIs.

You Don’t Need An
Army Of Auditors

Triplicity is an IT Vendor Risk Management (IVRM) solution with a difference. We first profile each third party to provide their inherent risk specific to your business. The program leverages data analytics, business intelligence, security and regulatory frameworks.

Triplicity Built-in Assessments

Third Party Risk Management (TPRM) is still in its infancy, with only a handful of people able to implement it properly. Due to this current lack of expertise, the implementation of a TPRM programme is usually manual and ad hoc at best.

Triplicity provides built-in frameworks and processes that allow anyone to implement a successful programme. Our software will improve your organisation’s performance by allowing thousands of third party assessments to be completed simultaneously, ensuring in turn that all your third parties are covered. Improve the quality of your TPRM programme by using Triplicity.

Triplicity third party risk management implementation

INFORMATION

SECURITY
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Triplicity has a template questionnaire of 43 questions across 14 Domains. This helps you assess your third parties’ information security maturity levels. The questionnaire is based on the ISO 27002 standards.
INFORMATION

PRIVACY
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Triplicity also provides a detailed privacy questionnaire in line with international privacy legislation. This can be used to directly address South African privacy requirements (POPIA) as well as the GDPR.
NIST
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Businesses bear accountability for activities involving both their internal and their external relationships. The Triplicity ABC questionnaire ensures your third parties know your stance. It also ensures your third parties conduct regular training and provide you with proof.
PCI DSS
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Triplicity provides a questionnaire that will help your business determine a third party’s ability to secure credit card data.
MANAGE

SLAs
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Ensure your third parties are maintaining key critical standards according to contractual and legal obligations, by developing specific weighted questionnaires that track the effective implementation of business controls.
CONTRACT

MANAGEMENT
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Keep all contracts and addendums close at hand. Track renewal and expiry of all contracts.

Assess The Ongoing Behaviour, Performance
And Risk Of All Your Third Parties


Triplicity simplifies, automates and leverages business intelligence. Giving you a
powerful vendor risk management solution that not only does the job properly, but
saves you time and money in the process.


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