Third-party risk management strengthened through collaboration

Large organisations spend significant time and expertise on risk and security assessments. The work is often done as collaborative, asynchronous projects involving several stakeholders who all need a shared understanding of risk, controls and security.

With Mynder, this becomes easier: assessments are built as projects, participants are invited in, and the results can be shared directly through a vendor profile where organisations can document compliance with privacy, security, risk management - and, over time, requirements such as the Transparency Act and sustainability reporting. This profile is called a Trust Profile.

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Reuse of assessments

Reuse of assessments means that a completed and quality-assured ROS, DPIA or security assessment can be used by others working with the same system or supplier.

Suppliers gain clearer expectations and practical guidance on required actions.
Customers avoid repeating the same work.
And the entire value chain benefits from a shared, up-to-date understanding of risk.

The result is less duplication, higher quality and stronger third-party governance.

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Agent’s role

The agent’s role is to gather the information needed, assess it against relevant requirements, and ensure that all parties see correct and updated insights.

The agent connects assessments across the project, identifies what is missing, and suggests actions the supplier can take to reduce risk and meet the customer’s documentation requirements.

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