SOURCE: 3PAS

3PAS

February 18, 2014 10:15 ET

3PAS Names Paresh Amin to Head Vendor Risk Bureau

17-Year Veteran in Data Security and Privacy Services Joins Cloud-Based Vendor Credentialing and Risk Assessment Service Provider

IRVINE, CA--(Marketwired - Feb 18, 2014) - 3PAS, which collects and houses risk information data in its proprietary vendor risk bureau, today named Paresh Amin as President and CEO. 

Amin has held executive positions in such diverse industries as State Street Corporation, Experian and most recently, as Head of Information Security and Compliance at the Irvine Company. Throughout his career, Amin has spearheaded vendor risk management programs. His efforts have resulted in credentialing and assessing more than 24,000 domestic and international suppliers.

"I'm excited to join 3PAS! Assessing vendor risk across a company's supply chain has become a board level initiative. In fact, recent regulatory changes are now requiring companies to gain visibility two and even three levels deep into their supply chains. Most companies struggle with understanding risk present in their direct suppliers so understanding risk in their suppliers' service providers is overwhelming. It's all about transparency and educated risk management," said Amin. "Joining the 3PAS team is a great opportunity for me and the timing is perfect. The market need is significant. 3PAS and its disruptive, innovative service offering is poised for tremendous growth. The idea of creating a de facto standard for accessing and rating vendor risk 'n-levels' deep and then being able to share the risk intelligence in its proprietary SIRB ™ -- Shared Information Risk Bureau -- makes this a truly exciting opportunity."

At 3PAS, Amin's focus will be on expanding the 3PAS vendor risk bureau used by financial, healthcare, retail, manufacturing, technical, and real estate executives to guide them through the complex data protection landscape. 

Amin's other responsibilities include risk analytics and market research. "With his extensive experience and proven skill in the information security space, Paresh Amin is a welcome addition to our accomplished leadership team," said Rick D'Angona, 3PAS founder and chairman of the board. D'Angona continued, "He is well known as a leading innovator in vendor supply chain security and a sought-after authority in the field. Paresh was a member of our distinguished advisory board, and we are delighted to have him with us full time."

Amin is a nationally known speaker on the topic of supply chain risk management. He earned a BS in Engineering and Computer Science from Northeastern University.

About 3PAS

3PAS was founded on the principle that risk assessments should be universally accessible and shareable between companies doing business together as part of the global economy. As more and more businesses increase their reliance on external entities to help them meet their strategic objectives, it is more important than ever to identify risks that are a byproduct of these relationships and outside their control. 3PAS is privately held and based in Irvine, CA with offices in Dallas, TX. For more information, e-mail info@threepas.com.