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Standard Trust Portal Guidance for Third Party Risk Management (TPRM)

4 hours ago
2 min read

The Third Party Risk Association (TPRA), in partnership with ten leading third party risk management service providers, is pleased to provide TPRM professionals with the Standard Trust Portal Guidance for Third Party Risk Management (TPRM).  


Definition

A Trust Portal is a centralized hub that provides transparent, self-service access to security, compliance, privacy, and governance information. It enables collaborative due diligence activities by helping customers and other stakeholders quickly validate the effectiveness and maturity of your third-party risk program. 


Designed to unify how organizations demonstrate security, compliance, privacy, and governance maturity, the Trust Portal Guidance provides a standardized framework for building and managing trust portals, which are centralized hubs for evidence sharing and transparency between organizations and their third parties.


The guidance aims to empower practitioners, vendors, regulators, and platform providers to align around a single, trusted model that reflects industry expectations and best practices for transparency, efficiency, and responsible evidence sharing. It also supports AI-driven TPRM technologies by standardizing evidence formats for automated review and analysis.  


Trust Portal Pillars


TRANSPARENCY

Open, accessible trust data for responsible risk decisions. 

EFFICIENCY

Automated, reusable evidence. 

TRUST

Verified information driving stronger partnerships. 

INNOVATION

Enabling AI-ready, proactive due diligence. 


What It Can Do For You

  • For Practitioners: Reduces questionnaire fatigue, improves review quality, and saves time through standardized, AI-friendly evidence formats. 

  • For Vendors/Third Parties: Demonstrates maturity and transparency; less time answering one-off questionnaires. 

  • For Regulators: Encourages uniformity and accountability in demonstrating control effectiveness. 

  • For Service Providers (Platforms): Provides a shared framework to enable AI and automation in TPRM workflows. 


Download Now

This document is available for FREE download.


How It Was Created

Our TPRM Service Provider Advisory Council spent months working quietly behind the scenes, researching and collaborating to create a cohesive and comprehensive resource to be freely shared with all members of the TPRM community.


Acknowledgements & Contributors

Thank you to the following organizations, which contributed perspectives and subject matter expertise to help shape this guidance (displayed in alphabetical order): 

Their collective insights reflect practical experience across third-party risk management, compliance automation, trust assurance, and practitioner due diligence. 


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