r3 Advisory
Our team of experienced professionals, have a deep understanding of third-party regulations and risk management. We provide reviews, advice, and guidance to help your organization mitigate regulatory non-compliance and avoid costly penalties and reputational damage. With r3 Advisory, you can rest assured that your TPRRM program is effective, efficient, and fully compliant with regulatory requirements, allowing you to focus on your core business operations with confidence.
Understand
Regulations
Manage
Risks
Achieve
Results
Why TPRRM?
Regulators are demanding that organizations protect themselves from third-party risks and comply with safety and legal standards to avoid financial penalties and reputational damage.
Organizations
choose to outsource activities and processes to meet the challenges of technological innovation, specialization, cost control, and heightened competition. Expanding outsourcing activities increases dependence on third parties, and weakens institutional knowledge of the processes outsourced, which increases the organizations’ risk profile.
Regulators
have provided guidance related to the management of outsourcing risks. Entities that are outsourcing, or contemplate outsourcing, their business activities should have prudent policies, framework, practices, procedures and standards to apply according to the characteristics of the outsourcing arrangement to ensure risks are adequately mitigated and regulatory requirements are met.
Regulatory expectations
are clear that organizations must deploy a strong Third Party Risk Management Program to safeguard their third party and intragroup engagements and meet the Regulatory and Risk requirements. Board of Directors and Senior Management retain accountability for managing the risks of Third Party Outsourcing engagements and insourcing intragroup engagements.
Services
Explore our wide range of services and select the ones that best meet your needs from our comprehensive list of options.
Review
Current State
Assess
Gaps and Opportunities
Provide
Recommendations
r3x
At r3 Advisory Services, we are at the forefront of the technological revolution, transforming industries through innovative AI-driven solutions. Our mission is to revolutionize how businesses approach risk management and compliance review. With an established track record exemplified by our successful application, Mnemo, we have embarked on a journey to redefine innovation through our dedicated innovation hub, r3x.
What we do?
What is Mnemo?
Mnemo
r3 Advisory's cutting-edge AI application, Mnemo, is revolutionizing the way we identify gaps in your TPRRM programs, providing a faster and more effective solution
Leadership Team
Shabbir Kaba
Founder & CEO
Arun Pandey
Co-Founder & CIO
Contact Us
r3 Advisory
info@r3a.ca
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