Thomson Reuters World-Check One
Innovation in Third Party Management Technology[tabs style=”default”] [tab title=”Executive Summary”] The haphazard department and document centric approaches for third party management of the past compound the problem and do not solve it. It is time for organizations to step back and define a cross-functional and coordinated team to define and govern third party management with an integrated approach to screening and due diligence. Thomson Reuters World-Check One is a GRC solution that GRC 20/20 has researched, evaluated, and reviewed with organizations that are using it in changing, distributed, and dynamic business environments. GRC 20/20 has evaluated and verified the innovation found in the World-Check One solution and sees this as a compelling offering for managing an integrated process for third party screening and due diligence to meet a range of risk and regulatory areas. Their unique approach makes organizations more efficient, effective, and agile in managing a range of due diligence concerns in a single integrated portal. In this context, GRC 20/20 has recognized World-Check One with a 2015 GRC Innovation Award for the best technology innovation for third party management in 2015. [/tab] [tab title=”Table of Contents”]
- Third Party Due Diligence Demands Attention
- The Modern Organization is an Interconnected Mess of Relationships
- Inevitable Failure of Silos of Third Party Governance
- Thomson Reuters World-Check One
- Innovation in Third Party Management Technology
- What the World-Check One Innovation is About
- How is the World-Check One Innovation Different?
- Considerations in Context of World-Check One
- About GRC 20/20 Research, LLC
- Research Methodology
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