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Energy Sector Third-Party Risk Management Consulting Services | Consultants | Global Experts

TPRM For the Energy Sector

Centris offers Third-Party Risk Management (TPRM) advisory services and solutions to the broader energy sector. This sector includes any organization that explores, produces, refines, markets, stores, and transports oil and gas, coal, and other consumable fuels. Additionally, companies offering oil and gas equipment are also considered part of the massive global energy sector. Like any other industry or sector – the energy sector being no different – organizations are relying on a long list of third-parties for helping fulfill any number of essential business commitments.

Unfortunately, organizations are failing to keep pace with the growing challenges that come with proper monitoring and oversight of their respective third-parties. Centris can help. We’re known all throughout the world as an unquestioned leader and subject matter expert with our “Design & Deploy” Third-Party risk management (TPRM) process. With Centris our Design & Deploy TPRM solutions help organizations build comprehensive third party risk management programs for the financial, life sciences, healthcare, energy, critical infrastructure, manufacturing, retail, technology, and legal sectors.

Industry Leading Energy Sector Third-Party Risk Management Services for Global Businesses

The risks to organizations operating in the broader energy sector are plentiful indeed. From external hackers to insider threats, loss of sensitive IP – and more – cybersecurity and privacy concerns are alive and well. But that's just the tip of the iceberg. Construction projects, maintenance of equipment, use of cloud services – almost anything being developed or managed in the energy sector requires the use of third-parties, thus, the risks increase exponentially.

With Centris’ “Design & Deploy” process, we can help build a comprehensive, yet actionable and scalable TPRM program for your organization.

“Design & Deploy” – Industry Leading Third-Party Risk Management Process

Centris’ “Design & Deploy” services will get you up to speed in no time. Core concepts included within our proven process for third-party risk management include the following phases:

  1. Framework Considerations
  2. Scoping Considerations
  3. Identification & Classification
  4. Risk Assignment
  5. Due-Diligence & On-Boarding
  6. Continuous Monitoring
  7. Follow-Up/Reporting and Corrective-Action
  8. Off-Boarding
  9. Training

How Centris Can Help with Energy Sector Third-Party Risk Management

  • We can design & deploy a rock-solid TPRM program for your organization.
  • We’re experts at developing all required TPRM documentation (i.e., policies, etc.).
  • We can integrate our services with any number of TPRM software solutions.
  • We can help monitor your security controls.

CENTRIS

Leaders in Security & Regulatory Compliance

Risk Strategies & Methodologies
Risk management planning reduces exposure to a wide-range of issues that could have detrimental effects on a business. Not knowing, planning, or responding to risks and related issues can leave an organization with few options in combating risks when they actually surface.
Strategic Planning & Integration
Every organization is moving towards a digitized business model, so isn’t it time to strategize on some of the most critically important elements for your business?
Regulatory Compliance Experts
Build scalable, adaptable, and efficient compliance solutions for increased organizational efficiency, while also improving core InfoSec, cybersecurity, operational and data privacy controls and best practices.
"Chief compliance officers must be equipped with the best-fit solutions within this complex marketplace to meet legal, compliance and business goals for third-party risk management."
- Gartner

Why Centris for Energy Sector Third-Party Risk Management?

  • Superior TPRM subject matter expertise for the broader energy industry.
  • Successful TPRM implementations all throughout the globe.
  • Seamless integration with all of today’s TPRM software tools.

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