Evolving global regulations and an increasing reliance on third parties are reshaping how organizations think about risk. As more goods and services are outsourced, businesses face rising privacy, security, compliance, and operational risks, making the effective management of third parties mission critical.
Given this, risk teams now recognize the need to move beyond siloes and bridge the gap between risk domains, leading to more holistic third-party management (TPM).
This eBook breaks down third-party management, the target outcomes for TPM in financial services, technology, and manufacturing, and five key considerations before implementing this approach organization-wide.
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