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Strengthening Third-Party Risk Management for a Leading Australian University
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October 23, 2026
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FTI Consulting was engaged by a leading Australian university to strengthen its third-party risk management framework, with a focus on developing a more efficient and scalable approach. The university needed to improve its oversight of third-party providers and manage the associated regulatory, operational and reputational risks across its complex, decentralised environment.
Our Impact
- The university strengthened its oversight of third-party service providers, helping better manage its regulatory, operational and reputational risks.
- FTI Consulting’s experts established consistent and scalable third-party risk management practices that could be applied across the university’s complex, decentralised operating environment.
- The university’s ability to proactively identify and assess third-party risks was improved, supporting stronger organisational resilience and reducing exposure to potential issues.
- With a clear roadmap, university leadership could continue maturing third-party risk management and manage external provider relationships more confidently and consistently.
Our Role
- FTI Consulting worked across the university’s decentralised structure and diverse functions, engaging internal stakeholders to understand different requirements and ensure the approach was practical and broadly applicable.
- We analysed stakeholder input and consolidated key themes to identify priority requirements and develop tailored policy and procedure documents.
- The team collaborated closely with senior project sponsors to balance varied stakeholder interests and ensure the deliverables reflected the scale and complexity of the organisation.
- Using our third-party risk management expertise, we developed a scalable policy, practical risk identification and assessment procedure, and clear implementation roadmap.
Published
October 23, 2026
