The Third Party Risk Association was created out of a necessity to build a community of like-minded third party risk professionals to allow for the sharing of best practices, exchanging of ideas, and influencing of an industry. This organization is a 501(c)(6) not-for-profit.
Activities in support of this purpose include, but are not limited to:
- Promoting the value that third party risk prof
essionals and practitioners add to their organizations;
- Providing comprehensive professional, educational, and development opportunities, as well as standards and other professional practice guidance;
- Researching, disseminating, and promoting to practitioners and stakeholders knowledge concerning third party risk and its appropriate role in control, risk management, and governance;
- Educating practitioners and other relevant audiences on best practices in third party risk; and
- Bringing together third party risk professionals and practitioners from all countries to share information, experiences, tools, and techniques.
The organization was formed by Julie Gaiaschi and Jon Ehret on October 22, 2018 and is headquartered in Iowa.
