Third-party element form

  • Release version: Australia
  • Updated March 12, 2026
  • 1 minute to read

    • 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.

    Table 1. Third-party element form
    Field Description
    Name

    Name 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.
    Description

    Text that explains and clarifies the background of the third-party element.
    Notes Additional information about the third-party element.
    Alternate name

    Alternate 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 by User who created the third-party element.
    Contact details section
    First name, Last name, Contact department, Contact title, Contact phone, and Contact email

    Standard 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, Country

    Standard address information for third-party organization.
    Latitude and Longitude

    Values that are used to mark the location on the Risk concentration map. For more information, see TPRM Risk concentration map.