This website uses cookies. By clicking OK, you consent to the use of cookies. Click Here to learn more about how we use cookies.
OK
  • RSA.com
  • Products
    • Archer®
      • Archer®
      • Advisories
      • Blog
      • Discussions
      • Documentation
      • Downloads
      • Ideas
      • Knowledge Base
      • Archer® Exchange
      • Training
      • Upcoming Events
      • Videos
    • RSA® Fraud & Risk Intelligence Suite
      • RSA® Fraud & Risk Intelligence Suite
      • RSA® Adaptive Authentication Cloud
      • RSA® Adaptive Authentication On-Premise 14.x
      • RSA® Adaptive Authentication On-Premise 7.x
      • RSA® Adaptive Authentication for eCommerce
      • RSA® FraudAction Services
      • RSA® Web Threat Detection
      • Upcoming Events
      • Videos
    • RSA® Adaptive Authentication Cloud
      • RSA® Adaptive Authentication Cloud
      • Advisories
      • Blog
      • Discussions
      • Documentation
      • Downloads
      • Events
      • Ideas
      • Knowledge Base
      • Training
      • Upcoming Patch Content
      • Videos
    • RSA® Adaptive Authentication Mobile SDK
      • RSA® Adaptive Authentication Mobile SDK
      • Advisories
      • Events
      • Ideas
      • Knowledge Base
      • Request Access
      • Training
    • RSA® Adaptive Authentication On-Premise 14.x
      • RSA® Adaptive Authentication On-Premise 14.x
      • Advisories
      • Blog
      • Discussions
      • Documentation
      • Downloads
      • Events
      • Ideas
      • Knowledge Base
      • Training
      • Videos
    • RSA® Adaptive Authentication On-Premise 7.x
      • RSA® Adaptive Authentication On-Premise 7.x
      • Advisories
      • Blog
      • Discussions
      • Documentation
      • Downloads
      • Events
      • Ideas
      • Knowledge Base
      • Training
      • Videos
    • RSA® Adaptive Authentication for eCommerce
      • RSA® Adaptive Authentication for eCommerce
      • Advisories
      • Blog
      • Discussions
      • Documentation
      • Ideas
      • Knowledge Base
      • Training
      • Videos
    • RSA® FraudAction Services
      • RSA® FraudAction Services
      • Advisories
      • Discussions
      • Documentation
      • Ideas
      • Videos
    • RSA® Web Threat Detection
      • RSA® Web Threat Detection
      • Advisories
      • Blog
      • Discussions
      • Documentation
      • Downloads
      • Ideas
      • Knowledge Base
      • Videos
    • RSA NetWitness® Platform
      • RSA NetWitness® Platform
      • Advisories
      • Blog
      • Discussions
      • Documentation
      • Downloads
      • Ideas
      • Integrations
      • Knowledge Base
      • Training
      • Upcoming Events
      • Videos
    • RSA NetWitness® Detect AI
      • RSA NetWitness® Detect AI
      • Documentation
      •  
      •  
      •  
      •  
      •  
      •  
      •  
      •  
      •  
      •  
    • RSA NetWitness® Investigator
      • RSA NetWitness® Investigator
      • Documentation
      • Download the Client
      •  
      •  
      •  
      •  
      •  
      •  
      •  
      •  
      •  
      •  
    • RSA NetWitness® Orchestrator
      • RSA NetWitness® Orchestrator
      • Overview
      • Documentation
      •  
      •  
      •  
      •  
      •  
      •  
      •  
      •  
      •  
      •  
    • RSA SecurID® Suite
      • RSA SecurID® Suite
      • Advisories
      • Blog
      • Discussions
      • Documentation
      • Downloads
      • Knowledge Base
      • Ideas
      • Integrations
      • Training
      • Videos
    • RSA® Identity Governance & Lifecycle
      • RSA® Identity Governance & Lifecycle
      • Advisories
      • Blog
      • Community Exchange
      • Discussions
      • Documentation
      • Downloads
      • Ideas
      • Knowledge Base
      • Training
      • Upcoming Events
      • Videos
    • RSA SecurID® Access
      • RSA SecurID® Access
      • Advisories
      • Blog
      • Discussions
      • Documentation
      • Downloads
      • Ideas
      • Integrations
      • Knowledge Base
      • Training
      • Upcoming Events
      • Videos
    • Other RSA® Products
      • Other RSA® Products
      • RSA® Access Manager
      • RSA® Data Loss Prevention
      • RSA® Digital Certificate Solutions
      • RSA enVision®
      • RSA® Federated Identity Manager
      •  
      •  
      •  
      •  
      •  
      •  
      •  
      •  
      •  
      •  
  • Resources
    • Advisories
      • Product Advisories on RSA Link
      • Archer®
      • RSA® Adaptive Authentication Cloud
      • RSA® Adaptive Authentication Hosted
      • RSA® Adaptive Authentication On-Premise 7.x
      • RSA® Adaptive Authentication On-Premise 14.x
      • RSA® Adaptive Authentication for eCommerce
      • RSA® FraudAction Services
      • RSA® Identity Governance & Lifecycle
      • RSA NetWitness® Platform
      • RSA SecurID® Access
      • RSA® Web Threat Detection
      • All Product Advisories
    • Blogs
      • Blogs on RSA Link
      • Archer®
      • RSA® Adaptive Authentication Cloud
      • RSA® Adaptive Authentication On-Premise 7.x
      • RSA® Adaptive Authentication On-Premise 14.x
      • RSA® Adaptive Authentication for eCommerce
      • RSA® Identity Governance & Lifecycle
      • RSA NetWitness® Platform
      • RSA SecurID® Access
      • RSA® Web Threat Detection
      • All Blogs on RSA Link
    • Discussion Forums
      • Discussion Forums
      • Archer®
      • RSA® Adaptive Authentication Cloud
      • RSA® Adaptive Authentication On-Premise 7.x
      • RSA® Adaptive Authentication On-Premise 14.x
      • RSA® Adaptive Authentication for eCommerce
      • RSA® FraudAction Services
      • RSA® Identity Governance & Lifecycle
      • RSA NetWitness® Platform
      • RSA SecurID® Access
      • RSA® Web Threat Detection
      • All Discussion Forums on RSA Link
    • Documentation
      • Product Documentation
      • Archer®
      • RSA® Adaptive Authentication Cloud
      • RSA® Adaptive Authentication Mobile SDK
      • RSA® Adaptive Authentication On-Premise 7.x
      • RSA® Adaptive Authentication On-Premise 14.x
      • RSA® Adaptive Authentication for eCommerce
      • RSA® FraudAction Services
      • RSA® Identity Governance & Lifecycle
      • RSA NetWitness® Platform
      • RSA SecurID® Access
      • RSA® Web Threat Detection
      • All Documentation on RSA Link
    • Downloads
      • Product Downloads
      • Archer®
      • RSA® Adaptive Authentication Cloud
      • RSA® Adaptive Authentication On-Premise 7.x
      • RSA® Adaptive Authentication On-Premise 14.x
      • RSA® Identity Governance & Lifecycle
      • RSA NetWitness® Platform
      • RSA SecurID® Access
      • RSA® Web Threat Detection
      • All Downloads on RSA Link
    • Ideas
      • Idea Exchange
      • Archer®
      • RSA® Adaptive Authentication Cloud
      • RSA® Adaptive Authentication Mobile SDK
      • RSA® Adaptive Authentication On-Premise 7.x
      • RSA® Adaptive Authentication On-Premise 14.x
      • RSA® Adaptive Authentication for eCommerce
      • RSA® FraudAction Services
      • RSA® Identity Governance & Lifecycle
      • RSA NetWitness® Platform
      • RSA SecurID® Access
      • RSA® Web Threat Detection
      • All Documentation on RSA Link
    • Knowledge Base
      • Knowledge Base
      • Archer®
      • RSA® Adaptive Authentication Cloud
      • RSA® Adaptive Authentication Mobile SDK
      • RSA® Adaptive Authentication On-Premise 7.x
      • RSA® Adaptive Authentication On-Premise 14.x
      • RSA® Adaptive Authentication for eCommerce
      • RSA® Identity Governance & Lifecycle
      • RSA NetWitness® Platform
      • RSA SecurID® Access
      • RSA® Web Threat Detection
      • All Knowledge Base Pages on RSA Link
    • Upcoming Events on RSA Link
      • Upcoming Events
    • Videos
      • Videos on RSA Link
      • Archer®
      • RSA® Adaptive Authentication Cloud
      • RSA® Adaptive Authentication On-Premise 7.x
      • RSA® Adaptive Authentication On-Premise 14.x
      • RSA® Adaptive Authentication for eCommerce
      • RSA® Identity Governance & Lifecycle
      • RSA NetWitness® Platform
      • RSA SecurID® Access
      • RSA® Web Threat Detection
      • All Videos on RSA Link
  • Support
    • RSA Link Support
      • RSA Link Support
      • News & Announcements
      • Getting Started
      • Support Forum
      • Support Knowledge Base
      • Ideas & Suggestions
    • RSA Product Support
      • RSA Product Support
      • General Security Advisories and Statements
      • Product Life Cycle
      • Support Information
      •  
      •  
      •  
      •  
      •  
  • RSA Ready
  • RSA University
    • Certification Program
      • Certification Program
    • Course Catalogs
      • Course Catalogs
      • Archer®
      • RSA NetWitness® Platform
      • RSA SecurID® Suite
    • On-Demand Subscriptions
      • On-Demand Subscriptions
      • Archer®
      • RSA NetWitness® Platform
      • RSA SecurID® Suite
    • Product Training
      • Product Training
      • Archer®
      • RSA® Fraud & Risk Intelligence Suite
      • RSA® Identity Governance & Lifecycle
      • RSA NetWitness® Platform
      • RSA SecurID® Access
    • Student Resources
      • Student Resources
      • Access On-Demand Learning
      • Access Virtual Labs
      • Contact RSA University
      • Enrollments & Transcripts
      • Frequently Asked Questions
      • Getting Started
      • Learning Modalities
      • Payments & Cancellations
      • Private Training
      • Training Center Locations
      • Training Credits
      • YouTube Channel
    • Upcoming Events
      • Upcoming Events
      • Full Calendar
      • Conferences
      • Live Classroom Training
      • Live Virtual Classroom Training
      • Webinars
Sign In Register Now
cancel
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for 
Search instead for 
Did you mean: 
Announcements

Archer® Blog

Subscribe to the official Archer blog for information about new product features, industry insights, best practices, and more.
  • RSA Link
  • :
  • Products
  • :
  • Archer
  • :
  • Blogs
  • :
  • RSA Archer Third Party Governance

RSA Archer Third Party Governance

MarshallToburen
Employee MarshallToburen
Employee
2 0 1,039
  • Subscribe to RSS Feed
  • Mark as New
  • Mark as Read
  • Bookmark
  • Subscribe
  • Email to a Friend
  • Printer Friendly Page
  • Report Inappropriate Content
‎2019-02-13 10:00 AM

What is Third Party Governance?

RSA Archer Third Party Governance provides organizations the capability to monitor and manage the performance of the third parties with whom they do business.

 Why is the proper management of Third Party performance so important?

Organizations are increasingly using third parties to support their operations and to deliver products and services to their clients. Every organization entering into a third party relationship has expectations regarding how the third party’s product and services should perform.  It is particularly critical that third parties provide satisfactory performance wherever they are supporting customer-facing activities or contribute to the organization achieving its key objectives. Often performance expectations are formalized via contract by way of agreed-upon service level metrics unique to the product or service being delivered by the third party.   While contractually establishing service level metrics is a best practice, it is only the first step.  Organization’s need to monitor performance metrics throughout the life of each third party relationship and manage deteriorating third party relationships at the earliest possible time.  While an organization may have created some contractual recourse should a third party fail to perform, litigation and financial compensation do not solve the problems posed by underperforming third parties.  The best outcome is represented by third parties that live up to or exceed performance expectations.

 

RSA Archer Third Party Governance

RSA Archer Third Party Governance provides the capability to track the performance of individual third party engagements and to measure the performance of third parties across all of the engagements they are delivering to your organization. Third Party Governance provides the ability to document and track service level agreement metrics, and utilize a metrics library to promote consistency in assigning service level metrics to similar engagements.  Once performance metrics are established, actual performance data can be collected from named individuals or automatically via systems of record.  Stakeholders can be automatically notified if a third party’s performance begins to fall outside acceptable boundaries so that third party performance can be coached back to acceptable levels or remediation and contingency plans created and executed should the third party’s performance become irreparable.

Key features include:

  • Define and document performance metrics for third parties
  • Track all contractual service level agreement (SLA) metrics
  • Uncover deteriorating third party performance
  • Capture and monitor remediation plans until performance problems are resolved
  • Create performance metrics and associate them with individual product and service engagements
  • Capture performance metric data on an ongoing basis and score performance based on data collected
  • Report on performance of individual product and service engagements
  • Roll up engagement level performance to obtain overall third party performance profile

 

RSA Archer Third Party Governance enables organizations to:

  • Create and capture performance metrics and associate them with individual product and service engagements on an ongoing basis
  • Report on performance of individual product and service engagements and roll up engagement level performance to obtain an overall third party performance profile
  • Uncover deteriorating vendor performance and quickly resolve third party performance problems
  • More frequently exercise contract remedies due to poor performance
  • Avoid third party-related surprises and losses, and spend less time and money on third party performance remediation
  • Demonstrate the effectiveness of third party performance management programs to executive management and regulators

 

Today, organizations are faced with complex and fast moving challenges exacerbated by the very nature of rapidly expanding third party relationships.  RSA Archer Third Governance is one element of an effective Integrated Risk Management program.  Stressing the agility and flexibility needed by today’s modern organizations, integrated risk management brings together the various domains of risk across business activities (horizontally), connecting the activities to the strategies and objectives of the organization on an aggregated basis (vertically). This approach to risk management provides leaders with the most holistic understanding of risk facing their organization so they can make truly informed decisions about where to deploy limited capital and human resources to produce optimized returns for the organization while maximizing the likelihood of achieving the organization’s objectives.

 

As your organization drives business growth through an extended ecosystem strategy, your third party risk and performance management program must evolve and manage risk more holistically, with more agility and integration than before. Managing third party risk and performance is one ingredient to showing real progress and improvement and decreasing business risk.  RSA Archer can help your organization better understand and manage its third party relationships on one configurable, integrated software platform. With RSA Archer solutions, organizations can efficiently implement risk management processes using industry standards and best practices and significantly improve their business risk management maturity.

 

For more information, visit RSA.com or read the Datasheet.

 

Tags (8)
  • Tags:
  • Archer
  • integrated risk management
  • irm
  • itvrm
  • RSA Archer
  • RSA Archer Suite
  • third party governance
  • vendor management
2 Likes
Share

You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.

  • Comment
Related Articles

RSA Archer Third Party Governance caso de uso data sheet -  Português

SueJessee
SueJessee Moderator
0 Likes
0 Comments

RSA Archer Third Party Governance ficha técnica - Español

SueJessee
SueJessee Moderator
0 Likes
0 Comments

RSA Archer Third Party Governance resumen de la solución - Español

SueJessee
SueJessee Moderator
0 Likes
0 Comments
Latest Articles
  • Advanced Workflow - Get Jobs - a PowerShell script...
  • TCP Port Listener - a PowerShell script to capture...
  • FFTH - Archer Exchange February 2021 Release Highl...
  • FFTH - Archer Exchange February 2021 Release Highl...
  • Streamline AML Rule Tuning and Optimization with A...
  • Offer Your Business Users Real-Time Data Feeds wit...
  • FFTH : All about Archer Job types
  • FFTH - Archer Exchange February 2021 Release Highl...
  • FFTH - Archer Exchange February 2021 Release Highl...
  • FFTH - Archer Exchange February 2021 Release Highl...
Labels
  • Analyst Reports 7
  • Announcements 289
  • Features 463
  • Newsletters 3
  • Resources 382
  • Tutorials 149
  • Use Cases 114
  • Videos 304
  • Webinars 57
Powered by Khoros
  • Products
  • Resources
  • Solutions
  • RSA University
  • Support
  • RSA Labs
  • RSA Ready
  • About RSA Link
  • Terms & Conditions
  • Privacy Statement
  • Provide Feedback
© 2021 RSA Security LLC or its affiliates.
All rights reserved.