Emerging Third Party Risks Threaten Operational Resilience in Financial Services

September 8, 2020
White Papers

Whitepaper

Emerging Third Party Risks Threaten Operational Resilience in Financial Services

You may be compliant, but are you ok? After years of outsourcing non-core functions, creating joint ventures with fintechs, and using services provided by affiliates, financial institutions find themselves at the nexus of complex extended supply chains.  As reliance on 3rd parties has dramatically increased, regulatory responsibility has not diminished.  Firms must adopt a new approach to third-party risk management to address the expanding and emerging risks. Download the whitepaper to learn more.

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Ensure Operational Resilience

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Build operational resiliency into your extended supply chain:

  • 889 compliance – ensure market access
  • Data sharing with 3rd parties and beyond – protect reputation
  • Concentration risk – ensure business continuity
  • Cyber breaches – assess potential exposure
  • Unethical labor – avoid reputational harm
  • On-boarding and monitoring suppliers – save time and money