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Posts Tagged ‘third-party risks’

Automation of Third-Party Due Diligence: Before Starting

So there we were, me and a fellow compliance enthusiast, talking about automation of third-party risk management. This is the sort of conversation you have when you’re me. Automating portions of your third-party risk management is a great idea. After all, large corporations are awash in third parties these days. According to the 2016 Kroll…

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More Risks With Decentralized Business: IT Projects, Culture

Last week we had a post about managing third-party risks at decentralized organizations. Today I want to revisit that subject and look at two specific issues that arise from a business structure like that—IT projects, and fostering a strong culture. Let’s begin by repeating the theme of last week’s article: decentralized organizations challenge the notion…

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Third-Party Risks in Decentralized Organizations

third-party

Not long ago I came across a study of third-party risk management that Deloitte published earlier this summer. I wish I had found it sooner, because it’s crammed with useful insights. So let’s get into it. The report’s big reveal is right in its title, Third-Party Governance & Risk Management: Addressing Challenges of Decentralization. Deloitte…

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