Third Party Risk

This e-Book, produced by Compliance Week, explores the latest trends in third-party risk management programs against which compliance officers and risk officers can gauge how their programs compare against their peers. This eBook further examines best practices for how to reduce the associated costs of managing third-party risk.

What are third party risk management salaries, budgets, challenges and opportunities? Find out the answers to these questions and more in Third Party Risk: A Journey to Maturity, Results of the 2018 ‘Taking the Pulse of Third Party Risk Management’ Survey.

Recent analysis shows that many companies don’t have adequate visibility into their third parties, and even less so into their third parties’ third parties and beyond.

The Department of Justice, Securities and Exchange Commission, and Internal Revenue Service (among other U.S. regulators) have all entered the fray when it pertains to guiding companies to mitigate third-party risk.

Different compliance models have their own strengths and weaknesses regarding control, consistency and understanding of local nuance.

Nothing is more frustrating than being slotted into an inflexible platform that restricts your compliance process.

Compliance officers and chief risk officers of multinational companies are well-aware of the myriad risks that third parties pose in day-to-day operations.