WHEN YOU SNOOZE ...
AUTO PILOT WILL COVER FOR YOU !

Third-Party Governance & Risk Management on AUTO PILOT

There are several internal and external events associated with your third parties that could materially impact your organization. Can your organization stay-ahead and continuously monitor these risk events without allocating a ton of resources?

Our platform provides the capability to enable or disable the ENGAIZ Auto-Pilot feature. The administrator will also be able to specifically choose which events the organization wants to monitor by enabling only those risk events.

An event listener will continuously be monitoring for events. Any event will be analyzed and an appropriate action taken that includes

  • Sending Alerts & Notifications
  • Re-adjusting the residual risk of the vendor
  • Triggering a re-assessment or placing a vendor on watchlist

Internal Events

External Events

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event listener

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analyze event

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re-adjust residual risk

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vendor on watchlist

Internal Events

External Events

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event listener

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analyze event

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re-adjust residual risk

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vendor on watchlist

The following are some of the internal and external events that the platform can monitor
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Internal Events External Events
Performance Risk – SLA Adherence
Cybersecurity Risk
Performance Risk – Customer Satisfaction
Financial Health Risk
Performance Risk – Engagement Health
Sanctions
Contract Risk – Contractual Controls
PEP – Politically Exposed Person
Concentration Risk - Location
Adverse Media
Concentration Risk - Services
Country Risk - Crime
Key Personnel – Resource Attrition
Country Risk – Natural Disasters
Key Personnel – Management Change
Country Risk – Civil Unrest, political
Issues & Escalations
Country Risk – Terrorism

INTERNAL EVENTS

  • Performance Risk – SLA Adherence
  • Performance Risk – Customer Satisfaction
  • Performance Risk – Engagement Health
  • Contract Risk – Contractual Controls
  • Concentration Risk - Location
  • Concentration Risk - Services
  • Key Personnel – Resource Attrition
  • Key Personnel – Management Change
  • Issues & Escalations

EXTERNAL EVENTS

  • Cybersecurity Risk
  • Financial Health Risk
  • Sanctions
  • PEP – Politically Exposed Person
  • Adverse Media
  • Country Risk - Crime
  • Country Risk – Natural Disasters
  • Country Risk – Civil Unrest, political
  • Country Risk – Terrorism
Talk to us to find out how ENGAIZ’s AUTOPILOT mode can help organizations continuously monitor and automatically take actions.

Would like to learn more?