Innovation in User Experience for Third Party Management
Executive SummaryWhen the organization approaches information security in third party management in manual processes, there is no possibility to be intelligent about information security governance, risk management, and compliance in these relationships. An ad hoc approach to third party management results in poor visibility across the organization, because there is no framework or architecture for managing third party information security risk and compliance as an integrated framework. It is time for organizations to step back and define a strategy to define and govern risk in third party relationships that is supported and automated with information and technology. Opus’ Hiperos is a GRC solution provider that GRC 20/20 has researched, evaluated, and reviewed that is agile for use in complex, distributed, and dynamic business environments to define, align, and monitor an organization’s third party management processes. Opus delivers a new breed of GRC technology that leverages an intuitive Cloud platform to streamline third party management to make it more efficient, effective, and agile. The solution delivers significant business value and brings a contextual understanding of third party management across an organization’s distributed and heterogeneous extended enterprise environment. In this context, GRC 20/20 has recognized Opus’ Hiperos Information Security Solution with a 2017 GRC User Experience Award for the best user experience in Third Party Management.
Table of Contents
- Increasing Exposure of Information Risk in Third Party Relationships
- The Modern Organization is an Interconnected Mesh of Relationships
- Opus’ Hiperos Information Security Solution
- Innovation in User Experience for Third Party Management
- What Opus’ Hiperos Information Security Solution Does
- Benefits Received with Opus’ Hiperos Information Security Solution
- Considerations in Context of Opus’ Hiperos Information Security Solution
- About GRC 20/20 Research, LLC
- Research Methodology
AuthorMichael Rasmussen – The GRC Pundit @ GRC 20/20 Research, Michael Rasmussen is an internationally recognized pundit on governance, risk management, and compliance (GRC) – with specific expertise on the topics of GRC strategy, process, information, and technology architectures and solutions. With 25+ years of experience, Michael helps organizations improve GRC processes, design and implement GRC architectures, and select solutions that are effective, efficient, and agile. He is a sought-after keynote speaker, author, and advisor and is noted as the “Father of GRC” — being the first to define and model the GRC market in February 2002 while at Forrester Research, Inc.
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