Engagement & Oversight

EO transforms third party governance into a strategic business capability that strengthens control, reduces risk and cost and delivers measurable value.

The Challenge

90% of firms still rely on spreadsheets to manage third‑party lifecycle processes—driving manual effort, inconsistent controls, and heightened governance risk. Legacy tools fail to surface emerging risks or provide clear visibility of services consumed, performance, and cost. Oversight is fragmented, contracts are complex, and accountability is blurred—slowing decision‑making, obscuring contracted services, increasing value leakage, inflating service costs, and weakening operational resilience.

These inefficiencies cost wealth and investment managers over £1.5bn annually. With rising cost pressures, tightening margins, and intensifying regulatory expectations, firms need scalable, enterprise‑grade solutions to govern and manage their supply chains effectively.

The Solution

Engagement & Oversight (EO) simplifies third-party governance by combining due diligence, risk, compliance, contracts, incidents, and performance management into a single connected platform that strengthens oversight, improves resilience, and unlocks value from governance data. Used across governance, risk, compliance, procurement, finance, and operational teams, EO enables organisations to manage third parties more effectively, evidence compliance, reduce duplication, and make better-informed decisions.

The Importance

Complete Lifecycle Management

Onboarding → monitoring → renewal/exit + AI accelerating assessments

Fully integrated and scalable

Supporting Oversight, Operational, Risk, Compliance, Procurement, and Finance teams

Cost & Spend Management

Workflow driven procurement and diary driven cost reporting

Insights and Better Decision

Through benchmarking, performance analytics, and value leakage reduction

End to end Risk & Compliance

With full risk assessments, targeted controls, and evidenced value delivery

EO strengthens operational resilience and unlocks value

Next steps

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