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Release: Australia · Updated: 2026-03-12 · Official documentation · View source

Third-party element form

Use the third-party element form to capture all the information that you need to create a third-party element record using the Third-party Risk Management application. As a third-party risk manager, third-party risk assessor, or due diligence request owner, you can create a third-party element record.

FieldDescription
NameName that identifies this third-party element on all forms and lists.
Classification

Type of third-party element:

  • Facility
  • Product
  • Principal
  • Other

Note: This selection determines which scoring model is applied to the third-party element. You can create new third-party element classifications by navigating to All > Third-party Risk Management > Third-party Elements > Classifications.

DescriptionText that explains and clarifies the background of the third-party element.
NotesAdditional information about the third-party element.
Alternate nameAlternate name to refer to the third-party element. An alternate name could be a simplified, branded, or localized name that differs from the official name that was provided by the third party.
Created byUser who created the third-party element.
Contact details section
First name, Last name, Contact department, Contact title, Contact phone, and Contact emailStandard contact information for the person at the third-party organization who acts as the primary third-party contact. For a description of the responsibilities of the third-party contact role, see Roles in Third-party Risk Management.
Street, City, State/Province, ZIP/Postal code, CountryStandard address information for third-party organization.
Latitude and LongitudeValues that are used to mark the location on the Risk concentration map. For more information, see TPRM Risk concentration map.

Parent Topic:Third-party (external) risk assessment management

Related topics

Monitoring third-party elements

Create a third-party element record

Add a third-party element record to an engagement