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      Third-party risk management: Navigating complexity in a volatile world

      The landscape of third-party risk is evolving rapidly, with regulatory compliance and cyber risk now the primary drivers shaping TPRM strategies across the globe. As organizations face an unprecedented pace of change and increasing threats, the 2026 KPMG Global Third-Party Risk Management (TPRM) Survey explores how leaders are responding to these challenges — and where critical gaps remain.

      This is not the time for incremental improvements or fragmented approaches. KPMG’s latest survey of 851 organizations reveals that while many are making progress, true integration and effectiveness in TPRM remain elusive for most. The findings highlight both the advances, and the persistent hurdles organizations face as they strive for resilience and confidence in their third-party ecosystems.


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      Navigate the new realities of third party risk

      Discover how leading organizations are reshaping TPRM — explore the 2026 KPMG Global Third-Party Risk Management Survey now to see how organizations are tackling regulatory compliance and cyber threats amid increasingly complex third‑party ecosystems, and explore how leaders are using AI and managed services to strengthen resilience.


      Findings from the research

      Compliance and cybersecurity: Twin pillars of TPRM strategy

      Regulatory compliance and cyber threats are the most pressing priorities today, but they also highlight a gap: programs need capabilities that anticipate emerging risks so they can act before the next wave hits.

      Integration challenges: TPRM and ERM still speak different languages

      With only 53 percent of TPRM programs "mostly integrated" with enterprise risk management (ERM) — and just 18 percent "fully integrated"- there is a significant opportunity to create an enterprise-wide view of risk.

      Managed services and outsourcing: Scaling TPRM with external support

      Truly scalable, strategic TPRM operating models are an emerging trend: Many organizations are outsourcing discrete, high-volume tasks, creating a path toward end-to-end managed services, which are in place in just 5 percent of organizations.


      Technology and AI: Unlocking TPRM maturity and creating value

      More than half of organizations are exploring artificial intelligence (Al), and with 22 percent finding it "very effective," there is a clear opportunity to better translate technology investments into tangible value.

      Data quality and confidence: The foundation of trustworthy TPRM

      As only 15 percent of leaders express high confidence in the data that underpins their program, improving data quality presents a foundational opportunity to enhance TPRM effectiveness from the ground up.



      Our people

      Edvards Grasis

      Head of Risk and Compliance Advisory Services

      KPMG in Latvia

      Kristine Čapkovska

      Project Manager, Risk and Compliance Advisory Services

      KPMG in Latvia