Third-party risk is no longer a back-office problem. It is a top-line business risk, and the data is getting harder to ignore.
Verizon’s 2025 DBIR found third-party involvement in 30% of breaches, up from roughly 15% the year before. And IBM puts the average cost of a breach at $4.88M.
Addressing these challenges requires a fresh approach, one that seamlessly integrates cutting-edge technology with deep expertise. That’s exactly what the partnership between CoreStream GRC and PwC Middle East delivers: a game-changing solution for Third-Party Risk Management (TPRM).
Where traditional third-party risk management (TPRM) breaks down
Most third-party risk management still fails in predictable ways:
- Identity and access risk that spreads across SaaS and integrations faster than teams can track.
- Point-in-time assessments that go stale the minute the questionnaire is signed.
- Fragmented tools and spreadsheets that make it hard to see risk across the full vendor lifecycle.
- Weak evidence trails, meaning you cannot prove what happened, when, and who signed off.
Navigating third-party risk management challenges with confidence
The modern business landscape demands agility and precision in managing third-party risks.
Recognizing these challenges, PwC Middle East has been leading the charge by delivering comprehensive third party risk management (TPRM) frameworks and managed services tailored to their clients’ needs. By leveraging their unmatched subject matter expertise across areas such as ESG, information security, and anti-bribery, PwC has set the standard for best practices. But to truly accelerate transformation, they needed a platform capable of digitizing and scaling these efforts. Enter CoreStream GRC.
Need a baseline? Get our step‑by‑step guide to the Third‑Party Risk Management lifecycle pack
A partnership built for transformation in third-party risk management
CoreStream GRC’s intuitive, flexible platform empowers organizations to manage third-party risks with unprecedented efficiency. By collaborating with PwC Middle East, we’ve created a solution that combines decades of advisory expertise with state-of-the-art technology. Together, we enable organizations to:
- Digitize and customize: Every client’s operating model and business activities are unique. The CoreStream GRC platform enables rapid configuration to fit specific needs, integrating any data source to deliver tailored solutions without compromise.
- Drive smarter decisions: With real-time risk data, continuous monitoring, and AI-driven insights, clients can stay ahead of emerging threats, ensuring faster and more informed decision-making.
- Streamline processes: By embedding automation into workflows, we deliver efficiency and operational excellence, helping organizations focus on their core priorities.
“In collaboration with CoreStream GRC, our platform integrates real-time risk data, continuous monitoring, and accelerated decision-making, ensuring you stay ahead of emerging threats”
Setting a new standard for managed services
PwC Middle East + CoreStream GRC is a practical model: advisory expertise plus a configurable platform that makes the program run. Not theory. Not slideware. A real operating capability for third-party risk management.
Want to upgrade your existing risk assessment software so it supports your full third-party lifecycle?
Why this matters
Third-party risk management isn’t just about compliance; it’s about safeguarding your operations, reputation, and bottom line. With the risks associated with third-party relationships growing more critical, our partnership ensures that organizations have the tools they need to:
- Protect their brand and reputation.
- Achieve global risk coverage aligned with international standards.
- Manage the entire third-party lifecycle, from onboarding to off-boarding, across geographies and risk categories.
- Unlock new levels of efficiency and productivity by automating and streamlining workflows.
Setting a new standard for managed services
Our joint TPRM managed services approach is a testament to the strength of collaboration. By joining forces with PwC Middle East, we’re delivering solutions that don’t just manage risk—they optimize processes, unlock value, and drive meaningful change.
If you’re ready to transform your TPRM function with a flexible, intuitive platform that works your way, we invite you to join our CoreStream GRC community. Together, we’ll help you stay ahead of the curve, ensuring stronger outcomes for your business and your external relationships.
FAQ on PWC Middle East
The partnership combines PwC Middle East’s world-class advisory expertise with CoreStream GRC’s powerful no-code technology platform to deliver a complete, scalable Third-Party Risk Management (TPRM) solution. Together, we help organizations digitize, automate, and simplify how they assess, monitor, and mitigate third-party risks across global operations.
Organizations depend on hundreds or even thousands of third parties—from suppliers and contractors to technology vendors. Each relationship introduces potential risks such as data breaches, regulatory non-compliance, and supply chain disruption. CoreStream GRC and PwC Middle East provide the tools and insight needed to stay ahead of these risks with confidence and clarity.
By integrating PwC’s subject-matter expertise with CoreStream GRC’s flexible platform, we’ve created a dynamic, end-to-end TPRM service that replaces fragmented manual processes with automation, real-time analytics, and smart workflows. The result is faster onboarding, deeper visibility, and proactive risk mitigation.
CoreStream GRC’s no-code, configurable architecture means organizations can tailor every part of their TPRM solution—without complex development or lengthy implementation. The platform supports continuous monitoring, AI-driven insights, and seamless data integration, all while giving clients complete control over how they manage and visualize risk.
