Challenges and Trends Shaping Third Party Management from 2020 into 2021
Join us as we take a detailed look at the drivers of third party management - governance, risk, and compliance.
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Organizations are no longer a self-contained entity defined by brick and mortar walls and traditional employees. The modern organization is comprised of a mixture of third party relationships that nest themselves in complexity and further relationships. Organizations are a mixture of contractors, consultants, temporary workers, agents, brokers, intermediaries, suppliers, vendors, outsourcers, service providers, and more.
The extended enterprise of third party relationships brings on a range of third party governance, risk management and compliance challenges to be concerned about. Managing third parties has risen to be a significant regulatory, contractual, and board-level governance mandate, particularly in the era of COVID-19. Organizations need to be fully aware of the risks in third party relationships and manage this risk throughout the lifecycle of the relationship, from on-boarding to off-boarding of a third party.
Join us for this webinar as we take a detailed look at the drivers of third party management - governance, risk, and compliance.
Learning Objectives:
- Identify current and trending regulations impacting third party management
- Learn about the expansion of business resumption - especially after COVID-19 - and how to address rising regulatory expectations for third and fourth party providers
- Recognize what is working and what is not working in third party management strategy, process, and technology
- Discover what we're expecting to see in 2021, including cybersecurity and predictive third party risk management, and how you can prepare
Speakers:
- Jay Fitzhugh, Chief Regulatory Officer, Mitratech
- Michael Rasmussen, GRC Analyst & Pundit, GRC 20/20 Research, LLC
Featured in: Third Party Management
