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Data Privacy

A cloud-based solution designed for organizations that want to ensure that their third-party data processors are operating in compliance with data privacy requirements

Ensure your third-party vendors and data processors are compliant with data privacy regulations and standards

Aravo for Data Privacy Compliance is a cloud-based solution designed for organizations that want to ensure that their third-party data processors are operating in compliance with data privacy requirements, including those set out in the General Data Protection Regulation (GDPR), the California Consumer Privacy Act (CCPA) and the New York Division of Financial Services rule under 23 NYCRR Part 500.

Regulators across the globe are placing additional emphasis on data privacy. Most organizations have third parties (and fourth parties and beyond) touching client or employee data in some way.

Aravo’s combination of out-of-the-box third-party data privacy capabilities and the ability to include any client-defined assessment for local requirements, help organizations identify third-party processors that are in scope with the regulations and ensure that the right controls for data management, processing, security, and breach reporting are in place.

Aravo for Data Privacy in Action

Third-Party Risk Management - GRC Software Features Screenshot
Centralize third-party data in a single inventory
  • Deliver a standardized process for registering new third parties and screening for data privacy risk.
  • Gather relevant documents, certifications, policies, and data.
  • Establish an enterprise-wide view of third-party data privacy risk at the entity and engagement level.
Identify third parties and engagements in-scope
  • Segment all third parties that interact with customer or employee data.
  • Understand all engagements impacted by data privacy regulations and their level of inherent risk.
  • Flag third parties that require further data privacy assessment.
Collect data privacy artifacts
  • Leverage pre-configured best practice questionnaires, workflows, and emails.
  • Include any additional assessments from your own data privacy team.
  • Collect declarations and certifications.
  • Embed training to create a culture of accountability.
Assess and act on data privacy risk
  • Perform enhanced due diligence with the ability to integrate with cybersecurity score providers.
  • Apply risk scoring and weighting to understand the risks associated with engagements.
  • Trigger appropriate remediation actions when defined risk thresholds are met.
Continuously monitor for data privacy risk
  • Track incidents and incident management from start to completion.
  • Automate recurrence of ongoing assessments.
  • Alert users to changes in risk profile and trigger remediation or termination.
Report on data privacy risk and compliance
  • Includes workflow provisions for reporting breaches to the DPA within the appropriate timeframes, including a portal for vendor self-reporting.
  • Deliver detailed role-based, data privacy -specific dashboards and reports for management.
  • Provide an automated, detailed compliance audit trail for senior management, auditors, and regulators.

Market-Leading
Software from Aravo

Aravo has the market’s most comprehensive set of capabilities for managing third-party, vendor, and supplier risk and performance

A LEADER

Logo - The 2020 Gartner Magic Quadrant for IT Vendor Risk Management Tools

Aravo Named a Leader in the 2021 Gartner® Magic Quadrant™ for IT Vendor Risk Management Tools

A LEADER

Logo - The Forrester Wave™: Supplier Risk and Performance Management Platforms, Q3 2020

The Forrester Wave™: Supplier Risk and Performance Management Platforms, Q3 2020

A LEADER

Logo - Chartis RiskTech Quadrant® for Third-Party Risk Management Systems 2019

Chartis RiskTech Quadrant® for Third-Party Risk Management Systems 2021

Customer Insights

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A highly customizable and versatile system

“Aravo is an excellent tool for managing end to end processes, with tailored workflows, emails and chase cycles built in to the automated system capability. Aravo’s strength for me lies in its traceability and high level of automation. Aravo is a highly customizable and versatile system.”

– Social Accountability Manager, Global Manufacturing Firm

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Meets our complex, global needs for screening third parties for 3 risk areas

“The Aravo solution delivered meets our complex, global needs for screening third parties for 3 risk areas, collecting and validating supplier information required to support out procure to pay transactional processes and integrating that information with our SAP ERP system.”

– Financial Services & Solutions Associate Director, Manufacturing Firm

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Aravo are a great company with a great product which has served us well

“We have used Aravo for eight years now, and it has been a backbone of our supplier information and compliance processes. Aravo themselves are excellent to work with and have been highly supportive and understanding of our business goals.”

– Lead IT SME,
Program and Portfolio Management,
Manufacturing Company

Your Program

Benefits

With Aravo for Data Privacy, you demonstrate a commitment to data privacy throughout your third-party supply chain. Benefits include:

Demonstrate Compliance

Real-time reporting and complete auditability mean you can demonstrate compliance to the board, senior management, auditors, and examiners.

Maintain a Single Source of Record for Data Privacy

All data and documents are in one system to support execution, deliver comprehensive reporting, and ensure accountability.

Ensure the Right Data-Breach Protocols are Followed

Be informed of breaches with support for vendor-self-reporting and report them to the appropriate authorities in the required fixed-format within the legally required time frames.

Future-Proof Solution

Easily extend and adapt as business conditions, policies, and privacy regulations evolve.

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What we do

Aravo delivers award-winning, market-leading cloud-based solutions for managing third party governance, risk, compliance, and performance.
Third-Party Risk and Performance Management Supplier Risk and Performance Management Vendor Risk Management Contractor Risk Management
Our Expertise
Expertise
Who We Help
Customers

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