Red Clover Advisors Case Study
Operationalizing Vendor Risk Management for a Leading Health-Tech Company
The Challenge
A rapidly growing healthcare technology company needed to operationalize its vendor risk management program. Although they had deployed OneTrust TPRM, they lacked the in-house expertise to configure risk scoring, automate workflows, and use the platform effectively for day-to-day risk management.
Our Approach
Red Clover Advisors partnered with the client to implement and enhance OneTrust TPRM by:
- Configuring the platform and developing a custom Risk Library.
- Integrating vendor assessments to automatically populate the Risk Inventory.
- Refining questionnaires, building a risk scoring model, and setting up automated workflows.
The Result
The organization now operates a streamlined vendor risk management program that automates key processes, standardizes reviews, and provides greater visibility across teams. The enhanced solution improved efficiency, strengthened documentation, and established a scalable foundation for ongoing risk management.
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