Implementing a risk-based approach to third-party due diligence offers several advantages: It frees up compliance resources to be deployed efficiently and helps organizations meet the expectations of regulators.

Implementing a risk-based approach to third-party due diligence offers several advantages: It frees up compliance resources to be deployed efficiently and helps organizations meet the expectations of regulators.
Aly McDevitt is Data & Research Journalist at Compliance Week. She has a background in education and college consulting. Prior to teaching, she was an editor/author at Thomson Reuters, where she reported... More by Aly McDevitt