TPRA Third Party Risk Management Service Provider
Innovator Award
2025 Innovator Award Winner
Applications Closed
Opens Thursday, January 1, 2026
AWARD DETAILS
One of the objectives of the Third Party Risk Association (TPRA) is to promote the value that Third Party Risk Management (TPRM) Service Providers add with regard to advancing the TPRM industry as a whole. In support of this objective, the TPRA created the “TPRM Service Provider Innovator Award” to recognize all of the work TPRM Service Providers put into delivering innovative, efficient, and effective tools and techniques for Practitioners to leverage to assess, mitigate, and manage the risk of third parties.
AVAILABLE AWARDS
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Excellence Award: GRC/TPRM Platform
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Excellence Award: Risk Rating/Intelligence Tool
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Excellence Award: TPRM Services
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Third Party Risk Management (TPRM) Service Provider Innovator Award
TPRA will award one organization as our 2025 TPRM Service Provider Innovator. In addition, we will recognize three Excellence Award Winners across three categories: GRC/TPRM Platforms, Risk Ratings/Risk Intelligence Tools, and TPRM Services. There will be one winner per category. A minimum of five applicants per category is needed to move forward with that category.
Award Judges: TPRA Officers, TPRA Board Members, Select TPRA Practitioner Members in Various Industries
AWARD CRITERIA
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Any TPRM Service Provider organization may apply (does not need to be a TPRA Vendor Member).
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Must be a TPRM Service Provider organization that offers a product and/or service to the TPRM Practitioner community at large to assist with identifying, assessing, monitoring, and/or mitigating third party risk. (Ex. GRC Platform, TPRM Platform, TPRM Service Provider, Risk Rating/Intelligence Tool)
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Actively advances the industry through pioneering and/or innovating TPRM solutions/services.
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Regularly collaborates with Practitioners, Regulators, and/or other Service Providers in the creation, implementation, and/or delivery of their innovative products/services.
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Advocates for and exemplifies social responsibility and philanthropy.
Contact Heather Kadavy at heather.kadavy@tprassociation.org with any questions about the award or application process.
AWARD TIMELINE
Award Opens
Application Closes
Shortlist Communicated
Top 3 per Catagory
Interviews Conducted
Category Winners Announced
Innovator Award Announced & Presented
+ Excellence Awards Presented
Thursday, January 1, 2026
Friday, February 13, 2026
Monday, March 2, 2026
Monday, March 2 - Friday, March 27, 2026
TBD
Tuesday, April 21, 2026
at TPRA's 2026 Conference in Denver, CO
Applications Closed
Opens Thursday, January 1, 2026