Services

Third Party Risk Management

Third-party relationships drive modern business success. VisioneerIT® ensures these partnerships strengthen rather than compromise your organization's future

about

Third Party Risk Management

Why Third Party Risk Management?

Third-Party Risk Management

Picture a complex web of relationships that spans the globe – vendors, suppliers, contractors, and partners all interconnected in an intricate dance of commerce. This is the reality of modern business, where success increasingly depends on third-party relationships. But with each new connection comes new risks, and the story of business success or failure often hinges on how well these risks are managed.

The Challenge

Chief Risk Officers lie awake at night wondering if their vendors are compliant, if their data is secure, and if their partnerships could become tomorrow's headlines. The traditional approaches of spreadsheets and annual reviews are no longer enough in a world where risks evolve at digital speed.

Ready to Accelerate Your Federal Market Success?

Our Downloadable Brochure will provide you with more information on our strategic approach.

Your request has been received. You should receive your free brochure via email shortly. If you have any questions, feel free to contact us. Enjoy your brochure!
Oops! Something went wrong while submitting the form.
Contact image

Our Approach

VisioneerIT® transforms how organizations understand and manage third-party risk. Think of your third-party network as a vast ocean. Traditional risk management is like trying to navigate this ocean with outdated maps and basic tools. We give you modern navigation systems, real-time monitoring, and an experienced crew all working together to ensure safe passage.

The Journey to Better Risk Management

We begin by understanding your unique story – your business objectives, your risk tolerance, and your vision for the future. Then, we help you build a program that turns the complexity of third-party risk into a competitive advantage.

Ready to Accelerate Your Federal Market Success?

Our Downloadable Brochure will provide you with more information on our strategic approach.

Your request has been received. You should receive your free brochure via email shortly. If you have any questions, feel free to contact us. Enjoy your brochure!
Oops! Something went wrong while submitting the form.
Contact image

Real Results

Assessment and DiscoveryOur clients tell us that this approach has transformed how they view third-party risk. Instead of seeing it as a burden to be managed, they now see it as an opportunity to build stronger, more resilient business relationships.

Ready to start writing your organization's next chapter in risk management excellence? Contact us today.

Work With Us

Benefits of Digital Twins

Digital twins offer a competitive edge by turning data into actionable insight.

From boosting operational efficiency to reducing downtime and improving sustainability, the benefits span every stage of the asset lifecycle.

Benefits of Digital Twins
icon tick
Unified Data for Deeper Insight

Combine data from engineering, operations, and IT systems into a single, interactive model—eliminating silos and boosting collaboration.

icon tick
Enhanced Reliability and Uptime

Predict potential failures before they happen. Digital twins empower teams to move from reactive maintenance to predictive strategies, minimizing downtime.

icon tick
Faster Decision-Making

Real-time analytics and scenario modeling support faster, data-driven decisions—reducing costs and accelerating time-to-value.

icon tick
Scalability Across the Enterprise

From a single asset to a global operation, digital twins scale easily with reusable components and cloud-based infrastructure.

icon tick
Improved Sustainability

Monitor energy usage, emissions, and system performance in real time to support sustainability goals and ESG compliance.

Case Studies

Case Study 1: Smart Manufacturing Optimization

A global electronics manufacturer partnered with VisioneerIT to digitize its production operations.

By deploying a comprehensive digital twin solution, the company gained real-time visibility into equipment health and performance, enabling them to streamline workflows, anticipate disruptions, and continuously improve quality control processes.

Achieved Results

45%

Reduction in unplanned equipment downtime

20%

Increase in overall production efficiency

30%

Improvement in predictive maintenance accuracy

50%

Faster identification and resolution of process issues

Case Study 2: Utilities Infrastructure Transformation

A regional water utility worked with VisioneerIT to modernize its treatment plants and pipeline monitoring systems. The digital twin integration allowed centralized tracking of assets and predictive maintenance, improving operational safety and response time during service disruptions.

Achieved Results

25%

Decrease in maintenance costs

35%

Improvement in asset utilization rates

60%

Reduction in manual compliance reporting time

40%

Faster response to infrastructure faults

Case Study 3: Healthcare Facility Operations

A large hospital network turned to VisioneerIT to reduce energy usage and optimize environmental control systems across multiple facilities. Through a tailored digital twin solution, they gained live monitoring of energy performance and system behavior, allowing for smarter resource use and improved patient comfort.

Achieved Results

18%

Reduction in annual energy consumption

22%

Improvement in HVAC efficiency

28%

Drop in maintenance service calls

15%

Increase in patient comfort satisfaction scores

Case Study 4: Logistics and Supply Chain Resilience

A national logistics firm implemented VisioneerIT’s digital twin platform to track and simulate warehouse operations and fleet management. This real-time insight helped them anticipate inventory fluctuations, reduce shipping errors, and ensure smoother delivery execution.

Achieved Results

32%

Improvement in on-time deliveries

27%

Reduction in warehouse processing errors

40%

Faster inventory reconciliation

19%

Boost in overall supply chain visibility

Work With Us

Benefits of Code Modernization

Code modernization improves performance, security, and scalability by reducing technical debt and replacing outdated technologies.

Modernized systems are easier to maintain, faster to evolve, and more resilient to risk, enabling organisations to deliver new capabilities faster, lower operational costs, and build a strong foundation for future digital transformation.

icon tick
Legacy Code Assessment & Technical Discovery

We start with a deep technical audit to understand your current software landscape, identify risks and bottlenecks, and define a modernisation roadmap aligned to business goals.

icon tick
Refactoring & Cleanup

We improve maintainability by eliminating dead code, simplifying structures, standardising patterns, and improving performance without changing external behaviour.

icon tick
Re-architecture & Platform Migration

Migrate from monolithic systems to modular, service-oriented designs — including microservices, APIs, and cloud-native platforms — to increase flexibility and scalability.

icon tick
Technology Stack Upgrades

We modernise programming languages, frameworks, runtimes, and libraries to supported, secure, and efficient technologies that extend the life and value of your applications.

icon tick
Security Hardening & Compliance

Legacy code often carries hidden vulnerabilities. We embed secure coding practices, automated scanning, and compliance-aligned configurations into modernised systems.

icon tick
Documentation & Knowledge Transfer

Updated architecture diagrams, coding standards, and operational runbooks ensure your teams can support and build on modernised systems.

icon tick
Ongoing Support & Continuous Improvement

After modernisation, we continue to fine-tune systems, support evolution, and align your software with emerging business priorities.

Case Studies

Case Study 1: Financial Services Platform Modernisation

A regional financial services provider partnered with VisioneerIT to modernise a legacy transaction processing system that was costly to maintain and slow to evolve.

By refactoring critical components, upgrading outdated frameworks, and introducing modern DevOps practices, the organisation improved system stability, enhanced security, and accelerated feature delivery without disrupting live services.

Achieved Results

40%

Reduction in system maintenance costs

25%

Improvement in application performance

35%

Faster release cycles for new features

50%

Reduction in production incidents related to legacy code

Case Study 2: Healthcare Application Modernisation

A healthcare technology provider engaged VisioneerIT to modernise a patient management platform built on unsupported technologies and fragmented codebases.

Through phased refactoring, technology stack upgrades, and security hardening, the platform was transformed into a scalable, compliant, and maintainable system capable of supporting future digital health initiatives.

Achieved Results

45%

Reduction in application downtime

35%

Improvement in system response times

100%

Alignment with modern security and compliance standards

40%

Faster onboarding of new development resources

Case Study 3: Manufacturing Systems Modernisation

A global manufacturing company worked with VisioneerIT to modernise legacy production and inventory management applications that limited scalability and data visibility.

By re-architecting core services, modernising databases, and enabling automation, the organisation gained a more resilient and adaptable software foundation to support operational growth.

Achieved Results

35%

Increase in system scalability during peak demand

28%

Reduction in operational delays caused by system failures

40%

Improvement in data processing efficiency

30%

Lower long-term application support costs

Case Study 4: Legal Services Platform Modernisation

A large legal services organisation partnered with VisioneerIT to modernise a mission-critical case and document management platform impacted by technical debt and outdated infrastructure.

Through a phased modernisation approach, VisioneerIT refactored legacy code, upgraded the technology stack, and implemented automated testing and deployment to improve system reliability, security, and operational efficiency while maintaining strict compliance requirements.

Achieved Results

50%

Reduction in system outages impacting legal operations

30%

Improvement in application performance

45%

Faster deployment of platform updates and enhancements

80%

Reduction in operational and compliance risk from unsupported technologies

Our Strategic Approach

Get started today

Contact Us

We’ve received your submission and will be in touch with you shortly.If you need immediate assistance, please don’t hesitate to contact us directly.We look forward to speaking with you!
Oops! Something went wrong while submitting the form.
Your request has been received. You should receive your free brochure via email shortly. If you have any questions, feel free to contact us. Enjoy your brochure!
Oops! Something went wrong while submitting the form.
our process
1

Assessment and Discovery

We map your third-party landscape, understanding not just who your partners are, but how they connect to your success story.

2

Program Development

Together, we craft risk management programs that fit your organization's unique narrative, ensuring they're both comprehensive and practical.

3

Technology Integration

We implement tools that turn data into insights, helping you spot potential risks before they become problems.

4

Continuous Evolution

As your story continues to unfold, we help your risk management program evolve, ensuring it keeps pace with new challenges and opportunities.

5

6

7

Assessment and Discovery

FAQs

ALL YOUR QUESTIONS ANSWERED
Schedule a call
question 1

What is Third-Party Risk Management?

Third-Party Risk Management (TPRM) is a strategic program that helps organizations identify, assess, and manage risks associated with external partners—such as vendors, suppliers, and contractors. VisioneerIT’s TPRM service transforms risk into opportunity by providing modern real-time monitoring, governance frameworks, and expert oversight to ensure your third-party relationships support, rather than undermine, your objectives.

question 2

Why is this service important for businesses?

Modern enterprises rely on interconnected supplier and vendor networks—each relationship can introduce cybersecurity, compliance, operational, or reputational risks. Without efficient TPRM, organizations are exposed to breaches, regulatory penalties, and supply interruptions. VisioneerIT equips you with tools and strategies to view and manage this ecosystem confidently.

question 3

How does VisioneerIT approach third-party risk management?

VisioneerIT starts by learning your unique ecosystem—understanding each third party’s role and potential impact. We then implement a customized TPRM program that includes vendor inventory, risk scoring, automated assessments, and continuous monitoring. This dynamic process combines expert guidance with advanced tools to navigate uncertainties and strengthen your vendor relationships.

question 4

Who benefits most from VisioneerIT’s TPRM service?

Organizations in regulated sectors—such as government, healthcare, financial services, and defense—gain the most value from VisioneerIT’s TPRM solution. Businesses with large, complex third-party networks or those pursuing federal B2G growth will benefit from stronger vendor oversight, improved compliance, and greater operational resilience.

Ready to Accelerate Your Federal Market Success?

Our Downloadable Brochure will provide you with more information on our strategic approach.

Your request has been received. You should receive your free brochure via email shortly. If you have any questions, feel free to contact us. Enjoy your brochure!
Oops! Something went wrong while submitting the form.
Contact image

Contact Us Today!

We’ve received your submission and will be in touch with you shortly.If you need immediate assistance, please don’t hesitate to contact us directly.We look forward to speaking with you!
Oops! Something went wrong while submitting the form.
Contact image