Third Party Risk
Context.
Outsourcing and third-party arrangements concentrate operational and compliance risk — increasingly under EBA outsourcing guidelines and DORA ICT third-party rules. Without tiering, due diligence, and ongoing monitoring, critical services can fail outside your direct control.
A workable TPRM model inventories providers, scores inherent/residual risk, embeds contractual safeguards, and defines exit and concentration responses before an incident forces them.
Pideeco designs third-party and outsourcing risk frameworks: policies, questionnaires, KRI monitoring, and playbooks aligned to EU supervisory expectations for financial institutions.
What we deliver.
How we work.
Inventory
Build a complete third-party inventory with criticality tiers.
Assessment
Run inherent/residual risk scoring and control testing.
Contracting
Align clauses with DORA / outsourcing expectations.
Monitoring
Embed periodic reviews and incident escalation.
Why Pideeco
Senior experts
Every engagement is staffed with consultants who have held senior compliance or risk roles inside financial institutions.
EU regulatory expertise
Deep familiarity with NBB, CSSF, AMF, EBA, ESMA and ECB/SSM frameworks across Belgium, Luxembourg and beyond.
Fast turnaround
We start promptly and deliver to agreed timelines - without sacrificing quality or regulatory rigour.
Ready to get started?
A senior Pideeco consultant will respond to your enquiry within one business day.