Drivers Organisation relies increasingly on third parties, and their sub-contractors (fourth parties) Vendor information is currently collected via email and spreadsheet - hard to stay current, information goes missing, how to see full current picture (live dashboard?) TPRM overview (ServiceNow) Notes Replaces the previous Vendor Risk Management (VRM) module Launched with Vancouver release TPRM calculated score Fourth parties Risk intelligence feeds Tiering Assessment Due Diligence Record (DDR) Inherent Assessment (INA) Linked to Vendor Management module Transform map - set up one time or for recurring integration Roles Third party reader Third party editor Third party contract negotiator Due diligence approver Key Steps Initial onboarding AML / Sanctions / other onboarding steps Inherent Risk Questionnaire Risk assessment Issues & Task Management Internal assessment External assessment Approval of responses Contract risk Due diligence Assessment questions and Questionnaires Further reading Third-Party Risk Management - ServiceNow UK What you need to know about ServiceNow’s new Third Party Risk Management (TPRM) - AC3 Case Study on NTT - Implementation of ServiceNow Third-Party Risk Management - Nihilent (PDF) Trust but Verify: Streamlining Third-Party Risk with ServiceNow - Infocenter.io - provides good overview of TPRM module, benefits, features, implementation considerations

When an organization engages a cloud provider, responsibility for activities and controls is shared between them, and they will agree a shared responsibility model. In general the cloud provider is responsible for the underlying infrastructure, while the customer is responsible for data, applications and configurations. The precise division of responsibility will depend on the cloud service model (IaaS, PaaS, or SaaS), with the customer having greater management responsiblity and control with IaaS than PaaS and SaaS. ...

Shariah-compliant investing seeks financial returns by investing in companies that follow Islamic finance principles. Further reading Understanding Shariah Compliant Investment: A Simple Guide - Good Finance What is Shariah-compliant investing? - Pensionbee

Further reading Shariah-Compliant Funds: Definition and Examples - Investopedia Related pages

The Single Euro Payments Area (SEPA) is a payment-integration initiative in the European Union for simplification of euro-denominated bank transfers. Further reading Single Euro Payments Area (SEPA), ECB