Third party risk management is the process of identifying, analysing and prioritising actions needed to prevent risks from third parties. As companies use more and more third parties to help them do business, effective third party risk management is a key process to prevent risks presented by third parties from becoming issues for your organisation.
In this webinar, we’ll give you the tools to start your programme or measure and understand the effectiveness of your existing third party risk management programme. We’ve compiled statistics on programmes of almost 400 companies in our 2016 Third Party Risk Management Benchmark Report for you to learn from and measure against.
- Common challenges other organisations face when addressing third party risk
- Which screening and monitoring methods are most powerful
- How to measure due diligence programme effectiveness
- How organisations reduce their risk of legal or regulatory action
Not only will we discuss what’s happening in the world of third party risk management, we’ll also share the techniques advanced programmes use to significantly improve their outcomes.