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Aravo’s Two-Day Event Recap: The Business of Risk, Mastering Third-Party Management
May 28th, 2025 •Loren Johnson• Reading Time: 2minutes
Last week, Aravo hosted a successful two-day event at The Nomad Hotel in London, bringing together customers, prospects, and partners to explore the evolving landscape of Third-Party Risk Management (TPRM).
Day One: TPRM by Design Workshop with Michael Rasmussen
The event kicked off with a dynamic “TPRM by Design Workshop” led by Michael Rasmussen, J.D., GRCP, CCEP, The GRC Pundit at GRC 20/20 Research. The workshop emphasized a proactive approach to integrating risk, compliance, and performance into third-party strategies.
Michael drew a compelling parallel between TPRM and Star Trek, quoting Captain James T. Kirk: “Risk! Risk is our Business.” This highlighted the critical importance of effectively managing third-party relationships in today’s interconnected business world, echoing Leonardo da Vinci’s wisdom that “everything connects to everything else.”
The workshop covered:
Third-Party Management by Design: A foundational look at building robust TPRM frameworks.
Third-Party Governance: The importance of oversight for effective and compliant relationships.
Third-Party Management Lifecycle: Guiding attendees through every stage from onboarding to offboarding.
Third-Party Management Architecture: Exploring how technology, especially Artificial Intelligence (AI) and Cognitive GRC, can enhance TPRM through predictive analytics, neural networks, RPA, and generative AI.
Day Two: Aravo Ascend – Solution Optimization
The second day focused on Aravo Ascend: Solution Optimization, a program designed to help clients maximize their Aravo investment. This session highlighted how to continuously improve TPRM programs by focusing on:
Continuous Automation Improvement: Optimizing process cycle times and identifying automation opportunities.
Leveraging Risk Intelligence: Effectively integrating and utilizing data from risk intelligence connectors for better decision-making.
Configuration Health & New UI Readiness: Ensuring a healthy system configuration and preparing for the latest Aravo User Interface for a streamlined experience.
Attendees gained valuable insights into optimizing their Aravo solutions, enhancing efficiency, and staying ahead in the complex world of third-party management.
We thank all our attendees, speakers, and partners for making this a truly insightful and engaging event!
Contact us now to see our Intelligence First PlatformTM in action and learn how we can help your TRPM team scale and succeed no matter the complexities within or variabilities across your third-party ecosystem.
Loren Johnson
Senior Director, Product Marketing
Loren Johnson leads Aravo’s product marketing function, covering how Aravo builds, markets, and sells its market-leading third-party risk management solution. Driven by a passion for innovation and solving business challenges, Loren brings an international business perspective and desire to deliver measurable customer success. Loren is a long-term TPRM advocate with an MBA in International Management from Thunderbird, and more than 30 years working in the technology sector. With eight years in the GRC market, Loren brings enthusiasm and an informed perspective to his work with Aravo.
Senior Director, Product Marketing
Loren Johnson leads Aravo’s product marketing function, covering how Aravo builds, markets, and sells its market-leading third-party risk management solution. Driven by a passion for innovation and solving business challenges, Loren brings an international business perspective and desire to deliver measurable customer success.
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