About us
3VRM are a network of professionals with deep subject matter expertise covering all aspects of Third Party risk management:
- Procurement
- Contracting
- Supplier Management
- Risk Assessments
- On-going Monitoring
- Due Diligence and Assurance
- IT Security and Cyber
- Data Protection
- Resilience
- Operations
3VRM stands for Third Party Vendor Risk Management
The company was founded in 2016 with the aim of creating a market-leading capability on this topic. The founder, Ben Dickinson, set up and managed the Third Party risk management function at a large global bank, using a range of internal and external service providers and systems as the function matured.
With more than 30 professionals based in the UK, and an international network across Europe, USA and South Africa.
We have worked at more than 40 clients supporting a range of projects and services across industry sectors, with extensive experience in financial services.
We actively develop our tools, processes and methods, focusing on legal and regulatory changes impacting our key client sectors.
Expertise that you cannot find in-house
Our aim is to provide organisations with high quality Third Party management expertise that they cannot source themselves: we do this by bringing best practice tools and capabilities; by providing people to augment existing teams; and by running activities as a service for clients.
Our professionals work with particular focus on the following activities:
Designing and implementing Third Party risk management programmes
Performing supplier due diligence and risks assessments, with deep expertise on IT Security and Cyber
Selecting and implementing supporting tools and technology
Where we work
We have worked at more than 40 clients supporting a range of projects and services. Many of our professionals have backgrounds in financial services, and we work across industry sectors, having experience in: Financial Services (wholesale and retail banking, insurance and asset management); Retail; Telecoms; Software Development; Software Engineering; Marketing and Advertising; Healthcare; Property and Estate Management.
We are based across the UK working directly at client sites or remotely depending on client requirements. We have a small international network and have supported projects in Europe, USA, and South Africa.
How we fit together
Analysts:
- Project Support / Project Office
- Service delivery
- Security Monitoring
- Reporting
- Tools
Programme Delivery:
- Programme Management
- Project Management
- Project Management Office
- Value Realisation
Consultants:
- Consulting engagements
- Supplier Risk Assessments
- Supplier Assurance
- Frameworks and tool/systems implementations
- Remediation projects
Security Consultants:
- Cyber Risk Assessment
- Security Ratings
- Malware, DLP, CASB
- Assurance Assessment
You get the best of our experience and our innovation
We actively develop our tools, processes and methods, focusing on legal and regulatory changes impacting our key client sectors. We learn from leading organisations and develop our own approaches to many of the key challenges in managing Third Parties: identifying critical suppliers; establishing the right combination of monitoring activities; getting value from investments; maximising quality and efficiency when performing risk assessments; planning and sequencing the maturity of a programme.
We choose the right solution for you
We do not design, build or endorse any particular technology solution(s), but we actively collaborate with a number of organisations and have experience of working with several leading providers of Third Party risk management products, including: BitSight; Security Scorecard; Process Unity; KY3P; Risk Ledger; Coupa; Hellios; and Broadcom.
Contact 3VRM
Drop us a line
