The creation of the review, which was earlier reported by The Associated Press, was announced at the Australian Open on Wednesday.
Last week, the BBC and BuzzFeed News published reports saying tennis authorities failed to thoroughly investigate evidence of match-fixing involving a core group of 16 players who have ranked in the top 50 over the past decade. No players were named.
ATP chairman Chris Kermode said the reports contained "very, very serious allegations" that have "caused damage to the sport, which is why we've acted so quickly and made decisions."
Kermode: Tennis taking 'bold step' of independent review
ATP Chairman Chris Kermode explains why the sport's governing bodies are commissioning a "completely independent review" of the Tennis Integrity Unit.