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Risk Advisory - Solution

Third-Party Risk Management

Overview

We understand that businesses cannot do everything themselves and will need support from suppliers, vendors or partners at some point. However, discerning who to trust among external entities is a daunting task. Our team offers technology-driven solutions designed to eliminate uncertainties surrounding these connections while ensuring your operations run seamlessly.

Ruskin Felix Consulting is committed to mitigating risks associated with third-party partnerships in business by providing a proactive Third-Party Risk Management service offering bespoke solutions tailored to each individual client. We deploy a range of integrated tactical strategies, including risk assessments and due diligence, that are bundled into our uniquely crafted personalized plans geared towards eliminating potential risks associated with external relationships.

Elements

Partnering with third-party entities comes with its own set of financial, operational and reputational risks that can have severe implications on businesses if not managed effectively. Our approach to identifying risks involves an integrated method that combines industry best practices with technology such as data analytics, resulting in bespoke risk management plans for each client.

Our range of services includes risk assessments, due diligence processes, risk monitoring protocols as well as third-party risk remediation measures geared towards mitigating or eliminating inherent threats associated with external relationships.

Our proactive methodology recognizes that prevention is better than cure strategies are most effective when employed beforehand – We seek out potential issues ahead of time and put measures in place before potential harm actualizes.

At Ruskin Felix Consulting LLC we recognize prevention as the ultimate deal-breaker and prioritize our mission around proactively identifying significant problems before they occur. Our results-driven techniques provide protection against data breaches caused by uncertain third-party connections while ensuring smooth business operations so our clients have more time focusing on what they do best.

To combat these issues effectively, our team uses an integrated approach combining technology, data analytics and industry best practices which allows us to deliver customized solutions specific for each client.

Our team utilizes proprietary technologies loaded with features engineered for efficient management of external partnerships such as relationship lifecycles such as vendor assessments through bidding processes to monitoring current ones. Our systems cater to every stage, thus streamlining the entire process from partner identification up until project completion.

Working collaboratively with us doesn’t just provide you assurance about unknowns surrounding external relations—it saves you time and money by increasing efficiency across operations resulting in greater growth opportunities and better confidence levels within your organization.

With Ruskin Felix Consulting, we eliminate all possible mistrust in this domain; our experience in Third-Party Risk Management provides unparalleled expertise crafted specifically for your business needs – safeguarding your organization against all unpleasant surprises down the line.

Impact

Projects
1 +
Launched
1 +
Capital Raised
$ 10 Mn.+
Years of Experience
1 +

Client Results

Finance RFC Money

We at RFC consulted Department of Finance, Nigeria on third party risk management i.e., analysis of risks arising from relationships with third-party providers such as vendors, suppliers, contractors and other business partners. We helped them in vendor management, due diligence and contracting.

Packages

Basic

$11988 $8999
  • Vendor Selection Criteria
  • Contract Risk Review
  • Third-party Risk Identification
  • Supplier Performance Monitoring
  • Third-party Audits
  • Supply Chain Risk Management
  • Information Security Assessments
  • Business Continuity Planning with Vendors
  • Vendor Risk Management Program Development
  • Outsourcing Risk Strategies
  • Third-party Compliance Management
  • Strategic Sourcing and Procurement

Premium

$19188 $14399
  • Vendor Selection Criteria
  • Contract Risk Review
  • Third-party Risk Identification
  • Supplier Performance Monitoring
  • Third-party Audits
  • Supply Chain Risk Management
  • Information Security Assessments
  • Business Continuity Planning with Vendors
  • Vendor Risk Management Program Development
  • Outsourcing Risk Strategies
  • Third-party Compliance Management
  • Strategic Sourcing and Procurement

Expert

$27588 $20699
  • Vendor Selection Criteria
  • Contract Risk Review
  • Third-party Risk Identification
  • Supplier Performance Monitoring
  • Third-party Audits
  • Supply Chain Risk Management
  • Information Security Assessments
  • Business Continuity Planning with Vendors
  • Vendor Risk Management Program Development
  • Outsourcing Risk Strategies
  • Third-party Compliance Management
  • Strategic Sourcing and Procurement

Enterprise

Custom Pricing
  • Fully Customized Solution
  • 24/7 support
  • Account Manager

Basic

$999/month
  • Vendor Selection Criteria
  • Contract Risk Review
  • Third-party Risk Identification
  • Supplier Performance Monitoring
  • Third-party Audits
  • Supply Chain Risk Management
  • Information Security Assessments
  • Business Continuity Planning with Vendors
  • Vendor Risk Management Program Development
  • Outsourcing Risk Strategies
  • Third-party Compliance Management
  • Strategic Sourcing and Procurement

Premium

$1599/month
  • Vendor Selection Criteria
  • Contract Risk Review
  • Third-party Risk Identification
  • Supplier Performance Monitoring
  • Third-party Audits
  • Supply Chain Risk Management
  • Information Security Assessments
  • Business Continuity Planning with Vendors
  • Vendor Risk Management Program Development
  • Outsourcing Risk Strategies
  • Third-party Compliance Management
  • Strategic Sourcing and Procurement

Expert

$2299/month
  • Vendor Selection Criteria
  • Contract Risk Review
  • Third-party Risk Identification
  • Supplier Performance Monitoring
  • Third-party Audits
  • Supply Chain Risk Management
  • Information Security Assessments
  • Business Continuity Planning with Vendors
  • Vendor Risk Management Program Development
  • Outsourcing Risk Strategies
  • Third-party Compliance Management
  • Strategic Sourcing and Procurement

Enterprise

Custom Pricing
  • Fully Customized Solution
  • 24/7 support
  • Account Manager

Insights

Related Offerings

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Our industry approved plans helps you excel at managing financial risk, ensuring your business to remain financially stable.

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Our area of expertise lies in global risk management, enabling businesses to navigate international markets with confidence and ease.

Governance and Compliance Risk

Let our governance and compliance risk experts ensure that your business satisfies all regulatory requirements with ease.

Strategic Risk Advisory

Our strategic risk advisory services help you identify and mitigate risks that could pose threat to your business goals.

Technological Risk Management

Our technical risk management solutions safeguards your business from threats protecting valuable assets and data.

Reach out to Us

Get in touch with our specialised experts

We engage with ambitious leaders who seek to shape the future rather than run from it. Together, we accomplish remarkable things.

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About Ruskin Felix Consulting LLC

Industries

Understand multiple industries at a glance, which encompasses change as its core attribute.

Services

RFC helps clients generate long-term value for all stakeholders. We help clients transform, grow, and operate while fostering trust through assurance with our services and solutions, which are made possible by data and technology.

Sustainability

We balance ESG and risk mitigation in our professional services. Our consulting experts make sustainability a business priority with vision and pragmatism.

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Featured Reports

Understand the macroeconomic situations that affect the global positioning of countries.

Businesses can better understand how chatbots can advocate their vision.

DeFi helps reduce dependency on traditional methods of transactions.

Creating a sustainable environment for driving multiple countries into a better tomorrow.

Understand how the U.S. discrepancy in accordance to their debt creates a havoc. 

Sustainable blockchain technology has immense benefit for the environment which cannot go unnoticed.

About Ruskin Felix Consulting LLC

Stay In Touch

Get in touch with our team for customizable services!

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Featured Reports

Understand the macroeconomic situations that affect the global positioning of countries.

Businesses can better understand how chatbots can advocate their vision.

DeFi helps reduce dependency on traditional methods of transactions.

Creating a sustainable environment for driving multiple countries into a better tomorrow.

Understand how the U.S. discrepancy in accordance to their debt creates a havoc. 

Sustainable blockchain technology has immense benefit for the environment which cannot go unnoticed.