By Adrianne Appel2023-11-15T20:20:00
Meeting regulatory requirements should be a starting point—not an end point—when it comes to third-party risk management.
Taking risk mitigation further and understanding your third parties and their risks can create value for your organization, said Ja’Vaughn Jones, director of vendor risk management at healthcare company Kaiser Permanente, during a panel on TPRM integration at Compliance Week’s virtual Third-Party Risk Management and Oversight Summit.
When setting up a risk management program, start by getting buy-in from leadership and stakeholders, including any departments involved in the vendor process, said Chris Phillips, vice president of procurement and vendor risk for Lendmark Financial Services. The support of senior executives will help with implementing the program throughout the organization and counteract resistance, Phillips said.
2024-05-08T15:48:00Z By Jeff Dale
Identifying critical measures for third-party risk management has become vitally important as risk professionals face an uphill battle in fighting for resources, experts discussed at Compliance Week’s 2024 National Conference.
2024-04-11T20:38:00Z By Aaron Nicodemus
There is no magic wand compliance professionals can wave to promote a strong risk culture within their organizations, experts discussed at Compliance Week’s 2024 National Conference.
2023-12-11T15:30:00Z By Kyle Brasseur
Managing directors at KPMG share how firms are making strides in building robust third-party risk management programs for the future.
2025-09-25T20:36:00Z By Jaclyn Jaeger
New regulations, changing consumer demands, and global supply chain disruptions – from cost-of-goods inflation to tariffs to raw material shortages, and more – are just a few top challenges reshaping the operations of food and beverage industry today. “These challenges are no longer just logistical—they implicate sourcing risk, contract performance, ...
2025-09-17T19:03:00Z By Ruth Prickett
More than half of all compliance teams are “actively using” or “piloting” AI applications, according to a Moody’s report. While most are focusing on streamlining routine tasks, some are developing AI agents and asking vital questions about AI decision-making.
2025-08-06T14:00:00Z By Aaron Nicodemus
The Trump administration’s designation of Mexican cartels as terrorist organizations in February has made doing business in Mexico riskier than ever before for corporations.
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