Know Your Third Party (KY3P®) is an award-winning solution from S&P Global Market Intelligence that enables end-to-end third party risk management. It fully supports the Shared Assessments Standardized Information Gathering (SIG) Questionnaire, which clients can issue to vendors through the KY3P platform. We provide advanced technology to determine the appropriate level of due diligence for a vendor, based on the nature of the specific service or product provided.
To ensure relevancy and reduce vendor burden, KY3P provides rules-based mapping of vendor profiles to specific SIG questions. KY3P also allows users to map SIG questions to specific templates and build unique vendor questionnaires. For example, a cyber security standard and advanced template for critical or outsourced services can be created.
S&P Global Market Intelligence provides a global service and has clients across the world, supporting all industry verticals. KY3P supports multiple languages; the SIG is available in all foreign languages supported by Shared Assessments.
In addition, KY3P provides data services, a range of assessments, and managed services. Our clients can access a range of vendor-specific data across cyber security, ESG, data privacy, and financials. KY3P assessments are conducted by an independent audit company and made available to clients through our unique utility model. Our managed service capability enables us to provide a full end-to-end third party risk management (TPRM) program on behalf of our clients. The KY3P Advisory Service provides TPRM program health checks and recommendations as well as advisory on implementing a TPRM program.
About S&P Global Market Intelligence
S&P Global Market Intelligence is a world-leading provider of financial information services and a division of S&P Global (NYSE: SPGI). Our team of experts delivers unrivaled insights and leading data and technology solutions, partnering with customers to expand their perspective, operate with confidence, and make decisions with conviction.
We bring transparency, cutting-edge research, and business intelligence to markets worldwide. Our deep sector-specific intelligence includes energy, financial institutions, fintech, industrials, maritime & trade, metals & mining, TMT, real estate, retail, and construction.
A wide range of customers rely on us across capital markets, corporations, professional services, governments, academia, and to commercial banks. With a deep understanding of our customers’ needs, we stand alongside our clients to help solve their most complex business challenges.
First established in 1860, our legacy is built on finding and knowing the essential. Most recently, in 2022, S&P Global Market Intelligence and IHS Markit’s Financial Services division united with the goal of helping customers harness the volume and velocity of data in ways that unlock progress for us all.
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