Third-party risk Management

Could a data-driven, risk-based approach to third-party risk management (TPRM) help your organization make more informed decisions about who you work with?



Assess third party risk with connected data and insights

Moody’s solutions can bring together global entity intelligence, risk signals, and analytical context to help support third-party risk assessment across financial, compliance, and other operational areas.
 

Rather than treating third-party risk as a standalone workflow, the same underlying data can be applied across multiple use cases, including sanctions screening, adverse media, ownership analysis, sustainability, cyber, and financial risk to help teams work from a shared, data-driven foundation.


Compliance TPRM


Strengthen compliance and third party risk oversight



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SMARTER THIRD-PARTY RISK MANAGEMENT

Increase visibility into third-party risk

Moody's for Compliance can help teams assess potential risks across a third-party network, including customers, suppliers, and extended networks such as your suppliers’ suppliers.

Assess risk signals across entities, including financial health and cyber risk, beneficial ownership and shell company indicators, to support a clearer view of who you’re doing business with. 




Streamline third party onboarding and due diligence

Effective compliance and third-party risk management starts with building a structured view of who you are doing business with. Moody’s third-party risk management solutions can bring together entity identity, ownership structures, and risk indicators to support third-party onboarding, due diligence, and risk assessment in a single workflow. 

Configurable processes can support consistent policy application, integrated checks, and case management, helping reduce fragmented activity while aligning onboarding with internal policies and compliance obligations.



Support ongoing third-party monitoring and risk management

Third‑party risk can evolve over time, making ongoing visibility an important part of compliance and third-party risk management. Moody’s third-party risk management solutions can apply the same data and analytics used at onboarding across the lifecycle of a relationship, supporting a more consistent approach to third-party risk assessment.

By combining global data coverage with monitoring capabilities, teams are able to track changes across ownership, sanctions exposure, adverse media, and other risk indicators, to support a broader view of third-party relationships across jurisdictions and operating environments.




Moody's solutions supporting third-party risk management

Moody’s data, Ai-enabled analytics, and workflow capabilities support third-party risk activities across onboarding, due diligence, and ongoing monitoring.

  • Apply risk policies through configurable workflows designed to support third-party onboarding and periodic review
  • Bring together due diligence checks using Moody’s datasets, including entity identity, ownership, and other risk indicators
  • Incorporate global data coverage on private companies and complex ownership structures
  • Support third-party risk assessment processes across jurisdictions and extended supplier networks

Moody's for Compliance

Apply risk policies through configurable workflows, bring together due diligence checks, and support case management and collaboration.

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Orbis

Access global data on millions of entities, including private companies, with information on ownership structures and corporate hierarchies.

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Grid

Moody's Grid is a comprehensive global risk database that consolidates adverse media, sanctions, watchlists, and politically exposed persons (PEPs) into structured risk profiles for compliance and due diligence purposes.

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Entity verification API

Access global entity data and risk insights from millions of companies across 200+ countries and jurisdictions.

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Third-party risk management as a continuous program

Third-party risk management is often approached as a set of discrete tasks. In practice, it could be viewed as an ongoing lifecycle that connects how third parties are analyzed, assessed, and monitored over time.

  • 01 Design: establishing the risk framework
  • 02 Implementation: operationalizing risk decisions
  • 03 Evolution: maintaining coverage and relevance

01 Design: establishing the risk framework

Design: establishing the risk framework

TPRM programs are typically built on a consistent approach to identifying third parties, defined risk categories, and clear criteria for evaluating risk.

At this stage, organizations normally capture core information such as ownership and control structures, geographic footprint, and relevant risk indicators, creating a shared basis for assessing risk across suppliers, vendors, and partners.

02 Implementation: operationalizing risk decisions

Implementation: operationalizing risk decisions

Implementation may be reflected in repeatable workflows that connect onboarding, due diligence, and ongoing monitoring activities.


Risk checks, documentation, and escalation pathways are incorporated into defined processes, supporting coordination across teams and a shared view of third-party risk information.

03 Evolution: maintaining coverage and relevance

Evolution: maintaining coverage and relevance

As third-party networks change and risk exposure changes, TPRM programs are commonly revisited to assess coverage, consistency, and visibility.


Program evolution might look at how risk information remains current, comparable across regions, and aligned with internal priorities.

Viewed as a lifecycle, TPRM can function as an ongoing organizational capability, linking design, execution, and review through shared data, integrated risk perspectives, and coordinated workflows.

Get in touch to talk about how we can support your continuous TPRM program. 


5 key TPRM considerations

Modeling third-party risk management

A model that helps unify people, processes, and technology can create greater visibility over where risks lie in a third-party network.

Here are 5 considerations for third-party risk management across your network.





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Listen to the Risk Reframed podcast on third-party risk management

TPRM 101 | Back to basics

Marisol Lopez Mellado, Industry Practice Lead at Moody’s, helps unpack third-party risk management, clarifying how it differs from related concepts, like supply chain risk, and outlines what best-in-class programs look like. Explore how organizations are defining, structuring, and modernizing TPRM programs to better identify, assess, and mitigate risks across their extended business relationships.

Supply chain risk 101 | Back to basics

Carolina Azar, Senior Director and Lead Strategist for Supply Chain Risk Management at Moody’s, breaks down the fundamentals and explain why the discipline has rapidly evolved over recent years. This conversation explores how modern supply chain risk management goes beyond third party due diligence and supplier onboarding to deliver resilience, foresight, and enterprise wide decision support.


Chartis Financial Crime and Compliance50
Most Innovative Sanctions and PEPs Data Solution
Category winner for perpetual KYC
Category winner for shell company detection
RiskTech100 2024
Leader for Financial Crime Data
Category leader for KYC data solutions
Category leader for KYC solutions
Category leader for CLM solutions for wealth management
Category Leader for FRAML Solutions
Best AI-based solution for fraud prevention
Featured on the AIFinTech100 list
Risk Technology Awards 2023: Anti-Fraud Product of the Year

Explore our partners

See how we are working with our spotlight partners to meet customers where they need us most. 



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Third-party risk management

TPRM News and views

Ships in ship yard
article
TPRM 101: What Third-Party Risk Management is (what it isn’t) and why it matters now

Third-Party Risk Management (TPRM) has emerged as a structured approach to help organizations understand and manage these risks, particularly as regulatory expectations; cyber threats, and operational dependencies continue to grow.

Aerial view of ship
webinar
The blind spots of third-party risk

Understand where third-party risks might be overlooked, the US and EU regulatory expectations reshaping trade and supply chains, and how organizations are beginning to turn compliance into a strategic advantage.

Aerial view of ship
article
Supplier risk management programs: 5 components to consider

Supplier ecosystems continue to be substantially interconnected. Organizations now rely on complicated networks of third-party partners and suppliers to deliver goods and services.

cyber
article
Energy supply chains under sustained stress and the evolving nature of supplier risk

Energy supplier risk is becoming a core operational concern. Find out how geopolitical pressure, infrastructure renewal, and digitalization are reshaping dependencies, and why suppliers now sit closer to system resilience.

BIS
blog
EU Forced Labor regulations — what’s changing and why it matters

European Union (EU) rules on forced labor are tightening, with a new product ban and mandatory due diligence regime that looks set to transform expectations on how companies manage human rights-related risks in their supply chains.

BIS
blog
BIS 50% Rule – what is it and what has changed?

The Bureau of Industry and Security (BIS), part of the US Department of Commerce, plays a key role in safeguarding national security and foreign policy interests through export controls. A central tool in this effort is the Entity List, which restricts certain foreign individuals, organizations, and government agencies from accessing US-origin goods, software, and technology.

BIS
blog
How to limit cyber risks in your supply chains

Andrei Quinn-Barabanov shares practical ways to tackle three of the largest causes of cyber supply chain incidents that can negatively impact your company’s operations and performance.

article
Money laundering 101: How criminals launder money

With criminals using new technology and digital methods to launder cash, we explore these tactics, and the actions and regulations used to support AML and CTF efforts.

  • Compliance & TPRM
woman looking at laptop in modern office
article
UBOs (Ultimate Beneficial Ownership) and the fight against money laundering

It is time to take stock of the world of UBO definitions, disclosures, and data—and consider its role in the fight against financial crime and money laundering.

mastering growth
article
Moody’s wins five categories in Chartis Financial Crime and Compliance50, 2025

On February 27, 2025, Chartis Research published its second Financial Crime and Compliance (FCC50) ranking and report. The FCC50 report evaluated nearly 300 vendors across core financial crime disciplines and identified 50 leaders in financial crime and compliance.

Close up of office buildings
article
FATF Recommendation 16: four possible implications and data considerations on the revision

2024 has seen a lot of focus on one of the Financial Action Task Force (FATF)’s consultation processes in relation to proposed revisions of its Recommendation 16, commonly known as the "Travel Rule."

article
KYB and why it’s important for corporate onboarding

Know Your Business or KYB due diligence is essential when onboarding and monitoring corporate customers and suppliers as part of compliance and risk management. 

  • Compliance & TPRM
article
The complexities of a shell company operation

Shell companies with no significant assets or business operations can be used for both legitimate and illegitimate purposes. Although shell companies are not illegal, financial criminals typically make use of them to disguise ultimate beneficial ownership.

  • Compliance & TPRM
article
PEPs screening using integrated risk assessment

Politically Exposed Persons or PEPs can be tied to various areas of financial risk—such as fraud, corruption, money laundering—making it important to understand if someone is a PEP before they are onboarded to your customer or supplier network.

  • Compliance & TPRM
article
Media interview: The impact of money laundering for the wider economy

Choon Hong Chua, Head of Financial Crime Practice Group for APAC and the Middle East, was recently interviewed by Singapore radio station MONEY FM 89.3. In this interview, he unpacks the wider impact of the recent money laundering case making headlines in Singapore.

  • Compliance & TPRM
article
Moody’s research reveals low public understanding of Politically Exposed Persons (PEPs)

New research released by Moody's has highlighted low awareness around the world about Politically Exposed Persons (PEPs) and the risks they can be connected to.

  • Compliance & TPRM


GET IN TOUCH

Request a demo

Please get in touch to discuss your approach to third-party risk management or supplier due diligence – we would love to talk to you.





*Disclaimer: This content is for informational purposes only and does not constitute legal, financial, compliance or other professional advice. Please consult with a qualified professional for specific legal, financial, compliance, or other professional advice. For more terms and conditions pertaining to Moody’s products and services, refer to the https://www.moodys.com/web/en/us/legal/global-disclaimer.html on Moody’s website.