Products
- Products
  - Third-Party Risk Management
    A third-party management solution to match your program maturity
  - ABAC Compliance
    Combat third-party bribery and corruption risk and comply with international regulations
  - Environmental, Social & Governance (ESG)
    Hold your suppliers to a standard of integrity that reflects your organization’s ESG policies including German Supply Chain Due Diligence Act (LkSG)
  - Financial Services Risk Assessment
    Conduct a comprehensive Financial Services Risk Assessment directly aligned to OCC guidance
  - Information Security
    Protect digital assets by assessing risks from vendors that access your data and/or networks
  - Data Privacy & GDPR
    Ensure vendors are compliant with data privacy regulations and standards, including the CCPA, GDPR and more
  - Performance Management
    Understand, monitor, and manage the performance standards of your third-party suppliers
  - Risk Intelligence Connectors
    Augment Aravo assessments, continuous monitoring, and other due diligence with specialized data providers
  - Supply Chain Resilience
    Prevent, defend, respond, and recover from hazards that put continuity of supply at risk
  - Capabilities
    Pre-configured, best practice solutions that are aligned to customers’ maturity
- What’s New — Aravo for ESG Learn how to build sustainable and ethical supply chains across your extended enterprise
Industry
- Industries
  Supporting successful programs across virtually every sector, we understand your business
  - Financial Services Industry
    A third-party management platform that understands regulatory and compliance requirements
  - Insurance
    Third-Party Risk Management and Compliance for the Insurance Industry
  - Pharma
    Third-Party Risk Management and Compliance Solutions for the Pharmaceutical and Life Sciences Industry
  - High Tech
    Third Party Risk Management and Compliance Solutions for the High Tech Industry
  - Consumer Goods
    Third-Party Risk Management Solutions for the CPG Industry
  - Manufacturing
    Third-Party Risk Management and Compliance Requirements for Manufacturing Companies
- Featured Resource
  
  Learn more about Aravo and how we can help organizations like yours
Resources
- Resources
  - Customer Tools / Aravo Academy
    The Aravo Academy will help get you up and running with Aravo’s technology.
  - Strategic Alignment Framework™
    An adaptive framework aligning your TPRM goals, plan, and delivery program for your organization.
  - Blog
    Aravo’s blog for expert third-party risk and compliance content
  - TPRM Solution Voyage
    Explore how to choose the right TPRM software for your business
  - TPRM Maturity Calculator
    How mature is your third-party risk management program? Calculate your score
  - Events and Webinars
    Explore Aravo’s events and webinars to get the latest in TPRM and compliance trends from leading experts.
  - Glossary
    The ABCs of TPRM. Here you will find business terms risk professionals use on a daily basis
  - Guidance and Regulations
    An overview of the vast range of regulations and guidance that encompass TPRM
- Featured Resource
  
  Get your need-to-know guide on the future of supply chain regulations
About Us
- About Aravo
  Find out more about Aravo, our purpose, and why leading brands trust our technology solutions
  - Expertise
    Market leaders for 20 years, our services professionals have the expertise to work as an extension of your team
  - Leadership
    Our management team. Commited to supporting “Better Business”, delivering the best experience for our customers
  - Partners
    Learn more about our partner ecosystem
  - Press Releases
    Get the latest information on Aravo, including company and product updates
  - Careers
    Explore career opportunities globally and learn more about Aravo culture
- Latest Analyst Report
  
  Learn why Aravo is a third-time category leader for TPRM
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Products - Third-Party Risk Management For Financial Services - Header

Third-Party Management and Compliance Solutions for the Financial Services Industry

Third-party management solutions designed for your industry needs

Prioritize What Matters With Financial Services Solutions

The financial services industry is under pressure by an increasingly active regulatory environment, stakeholder scrutiny of their risk management programs, and a need for measurable program efficiencies defined by their own distinct requirements. How firms manage the risks associated with suppliers and subcontractors needs to be a priority. Aravo’s Financial Services software solutions map directly to regulatory guidance built on best practice third-party risk management frameworks, and provides complete risk management visibility.

Regulations for Financial Services

Customers worldwide trust Aravo to provide products that align with industry regulations for financial services. We make it easy to understand the latest rules and requirements on third-party risk.

Financial institutions face a maze of regulations, laws, and standards as part of their compliance programs. Aravo understands how to navigate these complex financial services regulations and interagency guidances to support best-practice operations.

Comply with Major Regulators and Guidance

Federal Deposit Insurance Corporation (FDIC)

Securities and Exchange Commission (SEC)

Consumer Financial Protection Bureau (CFPB)

Office of the Comptroller of the Currency (OCC)

The Federal Reserve and Interagency Guidance

The Federal Financial Institutions Examination Council (FFIEC)

Financial Conduct Authority (FCA)

Foreign Corrupt Practices Act (FCPA)

Software That’s Built to Align With Best-Practice TPRM Requirements

Aravo’s Third-Party Management, Financial Risk Assessment, and ABAC solutions are designed to help institutions implement a best-practice program rapidly and with the confidence that it has been aligned with industry requirements. Our solutions are based on decades of TPRM expertise, with highly-configurable features, unmatched data visibility, and accelerated TPRM workflows. With this, customers can get the right solution for their distinct requirements.

Aravo’s solutions for Financial Services provides pre-configured best-practice solutions, helping you with:

Automated Assessments

Scoring

Due Diligence

Continuous Monitoring

Issue Management

Corrective Action Processes

Third-Party Risks for Financial Services

The Aravo platform is tailor-built to meet the TPRM needs of your financial organization. Harness our platform to protect your business from third-party risks and improve its resilience. Many risks arise when financial institutions rely on outside vendors to perform activities on their behalf:

Operational Risk – Operational risks can emerge when vendors fail to honor SLAs and maintain their role in business operations. These threats are best resolved through corrective actions or the placement of backup vendors.
Financial Risk – A poor-quality or mismanaged vendor can hamper the financial growth of your organization. Monitoring and reporting can help you keep tabs on each vendor to predict or prevent these financial pitfalls.
Reputational Risk – Third-party vendors can cause severe reputational damage to the financial organizations they represent. It’s essential to monitor the reputations of these vendors, taking corrective action as needed.

Cybersecurity Risk – Cybersecurity threats result in data breaches and major losses for financial institutions. These risks can be managed through close monitoring and due diligence at every phase of the vendor lifecycle.
Anti-Money Laundering – Anti-money laundering (or AML) is essential to evaluate across third-party relationships. AML legislation becomes increasingly strict each year. Our leading TPRM risk intelligence helps detect and control risks related to AML and other financial crimes.

Customer Insights

Best Practice for Fidelity International

“Fidelity International is committed to ensuring that our suppliers are managed in line with regulatory requirements and industry best practice. We selected Aravo Solutions for their proven track record in supporting global, enterprise clients who have complex vendor risk management programs. With Aravo, our supplier risk management program and processes will be standardized across the firm and the technology will enable consistent governance and oversight of supplier risk and performance across the enterprise.”

– Gary Lock, Head of Third-Party
Risk Management,
Fidelity International

Best practice for Fidelity International

“We selected Aravo Solutions for their proven track record in supporting global, enterprise clients who have complex vendor risk management programs. With Aravo, our supplier risk management program and processes will be standardized across the firm and the technology will enable consistent governance and oversight of supplier risk and performance across the enterprise.”

– Gary Lock, Head of Third-Party
Risk Management,
Fidelity International

Read the press release

Best fit for our requirements

“Best fit for our requirements, transparent and capability to handle greater volume of requests with ease. [The] Aravo technical team is very professional and supportive.”

– Process Lead,
Financial Services Firm

Aravo’s technical team is very professional and supportive

“Best fit for our requirements, transparent and capability to handle greater volume of requests with ease. Aravo technical team is very professional and supportive.”

– Process Lead,
Financial Services Firm

Transform Your Program

With a single system for all third-party information and powerful risk management workflow processes, Aravo helps you streamline the management of your third parties throughout the full lifecycle of the relationship.

Let’s Get Started