Third Party Risk Management: You Can't Afford to Outsource Responsibility - Seguridad Mania.com - España y América Latina

The rising tide of regulatory compliance has reached beyond banks to the third-parties that supply them. The emphasis on complying with guidelines for managing the risks stemming from third party has increased significantly. FDIC states that “You can outsource a task, but you cannot outsource responsibility”. IHS Markit and Dell Services have engaged Everest Group to study the third party risk management practices in financial services industry and present their point-of-view on the best-in-class practices for third party risk management. Everest Group has synthesized a “market perspective” on how financial services enterprises manage the risk arising from third parties and what are the characteristics of the best-in-class technology solutions in TPRM. In this webinar, Jimit Arora, Partner IT Services at Everest Group presents the findings of the research and discusses best practices for enterprises adopting technology solutions to manage third party risk.