A privately held investment firm, providing portfolio management and advisory services, was looking for a third party with extensive OneTrust Third Party Risk Management (TPRM) subject matter expertise to evaluate its current use of the TPRM module.
While the client did have a small team using and supporting its OneTrust tenant hosting the TPRM module, it lacked team members with in-house, expert-level skills.
our approach
- Our team performed extensive discovery with the client to understand the existing TPRM process and related documentation.
- We then carried out an in-depth evaluation of the OneTrust TPRM module, looking at among other things, access management, organizational structure, intake forms and the self-service portal, template management, workflow and automation optimization, risk flagging and vendor scoring.
Program Outcomes
- A detailed roadmap of future enhancements that the client should consider, including for each enhancement:
- Priority level.
- Level of effort to implement.
- The client realizing the value in the recommended enhancements and recognizing the expertise demonstrated by identifying the enhancements.
- The client further engaged Myna to:
- Design the enhancements in the UAT environment.
- Validate the enhancements via formal test scripts.
- Configure the enhancements in the Production environment.
- Provide support and advice on system integrations.
