Regulators , clients and senior management need assurance that regulated firms carefully pre-screen vendors and regularly reassess their suitability as a vendor.

The “Due diligence” undertaken needs to be on several levels to assess if the supplier is reliable to contract with, whether they are compliant with relevant legal/regulatory requirements and whether the service supplied has met contractual standards.

GRC-Maestro supports your Vendor Management requirements in a Maestro Solution with:

    • Maestro-Templates: based on your specific vendor management requirements for each supplier and contract/service
    • Schedules: periodically sending Maestro-Forms to managers responsible for the vendor interaction
    • Incidents: evaluate responses with automatic and manual incident creation, reporting and resolution

GRC-Maestro evidences to regulators, clients and senior management that your vendors and their services are diligently managed.

For more information on the GRC-Maestro Platform click here.

Reporting on: Vendor Management

  • No Issue
  • Incident: No Breach
  • Incident: Breach

Vendor Due Diligence

GRC-Maestro evidences to regulators, clients and senior management that your vendors and their services are diligently managed.

  • No Issue
  • Incident: No Breach
  • Incident: Breach

Service Delivery Monitoring

GRC-Maestro helps your managers monitor the service received to ensure it meets the contractual standard.