CoreStream GRC was proud sponsor and attend the Third Party Risk Management (TPRM) Saudi Event, which took place on 7–8 May at the Hilton DoubleTree, Riyadh.
As the region accelerates toward its Vision 2030 goals, effective third-party risk management has never been more critical—and we’re excited to be part of the conversation.
Representing CoreStream GRC at the event were Paul Cadwallader, GRC Strategy Director, and Ashvin Varsani, Sales Director. Paul also spoke at the event, sharing insights on how organizations can maximize the value from their third-party risk management programs.
“We’re delivering third-party risk management solutions for a wide range of organizations across the Middle East, helping them build resilient and scalable frameworks. We’re especially proud of our continued partnership with PwC Middle East, which exemplifies how strategic collaboration can empower effective risk governance.”
— Paul Cadwallader, GRC Strategy Director, CoreStream GRC
Why third party risk matters now more than ever
As Saudi Arabia’s business landscape evolves, the reliance on third-party vendors, suppliers, and contractors continues to grow. With this expansion comes an increasing need to identify, assess, and mitigate third-party risks, from cybersecurity threats and regulatory compliance issues to reputational damage and operational disruptions.
The TPRM Saudi Conference provided attendees a focused lens on third-party risk, providing tools, strategies, and best practices to strengthen risk frameworks in line with regional and global expectations. Topics covered included:
- Building a robust TPRM framework
- Cybersecurity risks introduced by external parties
- Navigating evolving regulatory requirements
- Best practices for supplier due diligence
- Crisis management and business continuity
The event brought together risk managers, procurement professionals, compliance officers, cybersecurity experts, and C-level executives to network and share insights in an ever-shifting regulatory landscape.
How CoreStream GRC supports third-party risk management
At CoreStream GRC, we understand that while working with third parties brings opportunity, it also introduces complex risks. That’s why our intuitive, no-code GRC platform is designed to simplify TPRM from onboarding to monitoring, enabling organizations to adapt quickly and confidently.
Trusted by clients such as BBC, NHS, NEOM Shell Energy, and PwC Middle East, our platform empowers users to:
- Rapidly implement configurable risk management workflows
- Customize dashboards and reports to suit specific business needs
- Monitor risk continuously across the full vendor lifecycle
- Scale effortlessly with organizational growth
Michael Rasmussen, GRC Analyst at GRC 20/20, describes our solution as:
“A powerhouse: agile, highly configurable, and capable of being tailored to an organization’s specific needs with minimal effort.”
CoreStream GRC in Riyadh
The energy at TPRM Saudi was vibrant and engaging, with thought-provoking discussions, meaningful connections, and a shared commitment to advancing third-party risk practices across the region. We were inspired by the depth of expertise in the room and the collaborative spirit among attendees, from industry leaders to emerging innovators. It was a privilege to contribute to such a dynamic event and to be part of important conversations shaping the future of risk management in the Middle East.
Want to continue the conversation? Reach out to us via LinkedIn or contact our team here.
FAQ
CoreStream GRC sponsored to support the region’s Vision 2030 journey and to help organizations build third-party risk programs that scale. CoreStream GRC brings practical TPRM delivery experience across the Middle East, including partnerships with leading consultancies.
CoreStream’s GRC Strategy Director shared lessons on extracting value from TPRM, from faster onboarding to continuous monitoring. CoreStream emphasized outcomes over paperwork and showed how our platform operationalizes policy with clear ownership and MI.
CoreStream supports regional hosting approaches and integrates with in-region services where required. CoreStream GRC is built to align with local regulations while preserving the configurability global firms expect.
Yes. CoreStream’s API-first approach connects to procurement systems, due diligence providers, sanctions, and cyber data sources. CoreStream centralizes vendor profiles and automates checks so your team spends less time chasing and more time assuring.
CoreStream GRC tracks dependencies and maintains ongoing assessments with triggers for changes in posture. CoreStream GRC surfaces issues early so you can act before disruption hits critical services.
