Welcome to the Third Party Risk Association’s new series, Third Party Risk Management 101. This series is informed by our Third Party Risk Management Guidebook, a comprehensive guide for establishing a TPRM program, which will be available to all TPRM professionals in the coming months. This series is meant to be used as a starting point for those that wish to establish, validate, and/or enhance their Third Party Risk Management Program. Each video will walk through one of the six phases of the TPRM Program Life Cycle, which together create a strong TPRM program.