Organizations increasingly depend on third-party service providers of varying size...
Read MoreSmarter Vendor Risk Insights.
Shift from 'Managing' to 'Governing'
Become a TRUSTED PARTNER.
Shorten the Sales Cycle and Increase Win Rates
Lack of focus on sustainability initiatives pose a number of risks and costs.
Reliable and trustworthy vendor risk report. An AI-Driven Human-Led solution backed by the leading credit bureau in the world.
An intelligent automation and cost-effective risk assessment solution for any sized organization.
Increase Efficiency and Effectiveness in governing your large Managed Service relationships through SMART relationship management.
Enterprises increasingly depend on Third-Party Vendors to meet digital age challenges of technological innovation and heightened competition leading to increased risk.
Now more than ever, organizations face additional challenges in the form of increased focus on Sustainability,
Diversity & Inclusion requiring organizations to re-balance their vendor portfolio.
Mitigating vendor risks requires more than just traditional risk assessments. It requires a new ‘mind-set’ and ‘technology-set’ change.
One that monitors the risk and reward of using vendors with increased societal benefits.
That’s why we are introducing the OPEN3PRX™.
Mitigating third-party risks requires more than just traditional risk assessments. It requires a new ‘mind-set’ and ‘technology-set’ change.
OPEN3PRX™ can help organizations make smarter business decisions by gaining a deeper insight of your third-parties.
From providing SMART Risk Intelligence to helping third-parties improve their risk posture, promoting Sustainable Development Goals (SDG), we have it all covered.
OPEN3PRX™ Sustainability solution proudly adopts the Ten Principles of the United Nations Global Compact (UNGC).
The UNGC is the world’s largest corporate sustainability initiative – it is a call to companies to align strategies and operations with universal principles on human rights, labour, environment and anti-corruption, and to take actions that advance societal goals.
Small and medium businesses have been largely overlooked by climate change policy, and this sector has the greatest opportunity. Lack of focus on sustainability initiatives pose a number of risks and costs for business including putting the company’s social license to operate at risk, reputational damage, consumer boycotts, exposure to legal liability, adverse actions by government, investors and business partners.
Our approach offers encouragement and motivation for companies to take the FIRST-STEP towards adopting Sustainable Development Goals (SDG) and move towards defining Science Based Targets to GHG Emission reduction for Scope 1, Scope 2 and from upstream and downstream activities in the value chain (Scope 3) adopting the GHG Protocol standards.
OPEN3PRX™ provides the most reliable Vendor Security Ratings and our assessment framework is based on international standards.
20+ categories, 80+ services, 20+ countries
Companies looking to add third parties with strong risk posture and supports sustainable development
Gain access to validated assessments, access risk maturity levels & ratings data of your third parties.
Be THE company that your customers will TRUST and will want to partner
Join the community of risk practitioner’s,assessors,appraisers and contribute to a safe and secure world.
Gain access to validated assessments, access risk maturity levels & ratings data of your third parties.
Learn MoreJoin the community of risk practitioner’s,assessors,appraisers and contribute to a safe and secure world.
Learn More“IDC believes that ENGAIZ with its AI-Driven “Integrated Third-Party Engagement Platform”, will be able to address many of the third-party governance, relationship and risk management challenges highlighted in this paper, giving it a significant opportunity to help organizations drive excellence and innovation with their strategic relationships.”
Cut short the 4-6 weeks it takes for vendor risk assessments. Save effort and cost.
Peace of mind knowing that ‘blind spots’ are monitored 24×7.
SMART Risk Insights promotes ‘proactive’ risk avoidance measures and better decision making.
Proactively sharing risk assessments improves your chance of getting short-listed in any competitive RFP process
Attract customers proving you are secure in addition to your strong capabilities.
Ensuring that your organization has strong mitigating controls will only increase your chances of closing deals faster and becoming a ‘Preferred Vendor Partner’.
Provide fully managed TPRM or Sustainability services for your enterprise clients leveraging our technical solution
Gain access to third-parties that are looking to improve their risk posture and promote sustainability
Generate additional revenue stream and gain access to potential opportunities
Organizations increasingly depend on third-party service providers of varying size...
Read MoreAs organizations increasingly depend on third-parties to gain competitive advantage,...
Read MoreENGAIZ CEO Jai Chinnakonda shares his thoughts at the 2021 Annual Asia Vendor Risk Management...
Is your organization looking to transform and fast-track maturity of the third-party governance and risk...
ENGAIZ Founder & CEO, Jai Chinnakonda, and Linda Tuck Chapman, President, Ontala Performance Solutions, will...
Executive Advisor
Keith is an information technology leader with extensive experience in financial services and commodity trading. Keith was the first US CIO for Scotiabank, introducing an IT Risk culture and Cybersecurity framework, to meet state and federal regulatory legislation. Over the past 20+ years, Keith has had a variety of global technology leadership roles for leading financial services institutions and commodity trading organizations, leading large transformation initiatives cultural change.
Keith is a research scholar within the Digital Financial Services Observatory at Columbia University, where he’s developing a process-based Cybersecurity Risk Management Framework for Digital Financial Services. Keith is also a member of the Board of Directors for the New York Metropolitan Chapter of ISACA.
Keith has a BSC (Hons) degree from the University of Strathclyde, and lives in Connecticut. He is married with three children spread across, UK, USA and Canada, and is an avid sports participant and fan.
Founder & CEO
Jai Chinnakonda is the Founder and CEO of ENGAIZ, a technology company focused on leveraging Artificial Intelligence to help enterprises mitigate Third-Party Risks such as Cybersecurity, Data Privacy, Regulatory, Financial, Performance, Resiliency, Infrastructure, Legal, Country risks through Effective Governance and Engagement.
Through his decades of experience in managing large technology outsourcing deals, Jai brings a unique perspective and advises organizations on third party governance and risk management. He firmly believes in the Art and Science of Engagement to help build lasting and mutually beneficial relationships with third-party vendors.
He is a Certified Third-Party Risk Management Professional (C3PRMP) and a Certified Supplier Management Professional (CSMP). Jai is a member of the Harvard Business Review Advisory Council, an opt-in research community of business professionals. He was also a contributing member to the first draft of The Standard for Program Management released by the Project Management Institute (PMI).
Strategic Advisor. Educator. Author | Third Party Risk Management
Linda Tuck Chapman is recognized as one of the world’s foremost experts and innovator in effective and efficient vendor/third-party risk management. Initiated by hands-on experience as Chief Procurement Officers and Head, Third Party Risk Management in the risk-adverse financial services sector, Linda’s ground-breaking strategies are the “best of the best” for integrating high-impact third party risk management and strategic procurement.
As a management consultant, strategic advisor, relevant educator, and published author, Linda’s clients and global network benefit from her experience, expertise and thought leadership.
As a Strategic Advisor, Linda Tuck Chapman is a mentor and advisor to ENGAIZ, providing expert advice on strategic projects, proprietary methodologies, best practices, product strategy, and our development roadmap. Linda is a frequent participant on our webinars and in panel discussions, and at industry events.
SVP & CIO, Chubb Insurance Canada
Mr. Alexander is an experienced financial services executive, having served in Operations and Technology roles at TD Bank, CIBC, Manulife Financial and Street Capital Bank of Canada.
He is currently the Senior Vice President and Chief Information Officer (CIO) at Chubb Insurance Canada. As CIO, he is responsible for delivery and operation of applications and infrastructure to support the Chubb Canada lines of business. His passion is the integration of leading-edge technologies and methodology into regulated industries to achieve epic customer experiences and efficient processes.
He is a Chartered Financial Analyst and Professional Engineer and holds a B.Sc and an MBA from Queen’s University. Mr. Alexander lives in Toronto with his wife and two boys and spends his free time supporting their swimming and hockey activity.
Executive Advisor & Strategic Outsourcing Consultant
Shebina Kanani is an information technology leader with extensive experience in financial services. Ms. Kanani had global responsibilities with Scotiabank in her capacity as Vice President, Information Technology Outsourcing and Supplier Management. Ms. Kanani’s current role is with the Royal Bank of Canada (RBC) as an IT Executive Consultant with their Global Supplier Management Office. Over her extensive career, Ms. Kanani has developed expertise in outsourcing, governance, leadership development, IT procurement, application development management, vendor management, innovation, asset management, accessibility, strategic planning and project management for mission critical systems.
In addition to her impressive career accomplishments, Shebina is also active on a number of volunteer organizations and Boards.
Executive Advisor
Mark is currently an independent strategic advisor for business development and operations.Over the past 20+ years, he has held numerous senior management positions in both private and public companies including General Manager of a division of J2 Global, COO of GoldenSource Corporation, General Manager of a division of Checkfree (now Fiserv) and Regional Manager at Dun & Bradstreet Software.In addition, Mark was co-founder of a successful start-up reselling ERP to the mid-market manufacturing sector.
Mark lives in New Jersey and is involved in several charitable organizations. He is currently the Vice Chairman of the Prevention Coalition of Monmouth County – a coalition of organizations combating the substance abuse epidemic.Mark enjoys catamaran sailing and golf.
Managing Partner, Merit Outsourcing Advisors
Michael is the Managing Partner for Merit Outsourcing Advisors, a leading Canadian Sourcing Advisory firm. Prior to his current leadership role, he was in the outsourcing practise at Deloitte, Pricewaterhouse Coopers Consulting and IBM. His expertise is focused on developing business process and IT sourcing strategies, outsourcing deal investigation, providing transaction leadership, structuring service delivery, advising clients on outsourcing re-negotiation strategies, building effective outsourcing governance and vendor management models, and services delivery optimization strategies.
Michael has a Master of Business Administration in Marketing from Schulich School of Business, York University in Toronto. He is a frequent speaker at outsourcing and sourcing industry events, including: Centre for Outsourcing Research & Education (CORE), Schulich School of Business, Project Management Institute and the Canadian Technology Law Association. He also serves on a wide range of corporate and not-for-profit boards. Michael is on the CORE Executive Education Faculty and is an Accredited Outsourcing Practitioner (AOP).
CIO, Street Capital Bank of Canada
Mr. Alexander is an experienced financial services executive, having served in Operations and Technology roles at TD Bank, CIBC, and Manulife Financial.
He is currently the Chief Information Officer (CIO) at Street Capital Bank of Canada, a Schedule 1 bank with over $25B in assets under management. As CIO, his responsibilities include ownership of all project, infrastructure, security, and vendor management activities across the organization. His passion is the integration of leading-edge technologies and methodology into regulated industries to achieve epic customer experiences and efficient processes.
He is a Chartered Financial Analyst and Professional Engineer and holds a B.Sc and an MBA from Queen’s University. Mr. Alexander lives in Toronto with his wife and two boys and spends his free time supporting their swimming and hockey activity.