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THIRD PARTY CENTRALIZED DATA HUB SYSTEM PROVIDING SHARED ACCESS TO THIRD PARTY QUESTIONNAIRES, THIRD PARTY RESPONSES, AND OTHER THIRD PARTY DATA
THIRD PARTY CENTRALIZED DATA HUB SYSTEM PROVIDING SHARED ACCESS TO THIRD PARTY QUESTIONNAIRES, THIRD PARTY RESPONSES, AND OTHER THIRD PARTY DATA
A system for providing a third party centralized data hub. The system includes a server storing a database of sets of third party data, and the system includes a third party risk management module on the server maintaining the third party data. The system includes a first set of client devices communicatively linked with the server over a digital communications network and operable by data providers to provide and modify one of the sets of third party data. The system includes a second set of client devices linked with the server and operable by data consumers to access a subset of the sets of third party data. During operations, the risk management module monitors the third party data, identifies a modification, by one of the data providers, of one of the sets of third party data, and automatically generates and transmits an alert to the second set of client devices.
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