Booz Allen Hamilton: Business Insights - 5 Things About Third Party Risk Management
Companies often find themselves struggling to comply with increased third party risk management program regulations because of the difficulties in obtaining timely and insightful information and the complexity of consistently translating that information into risk decisions aligned with corporate risk appetite. But with a simplified approach to compliance—one that includes narrowing focus, enabling lifecycle management, and leveraging technology and analytics—third party risk management can be an integrated function of your business, and not just a cost of compliance. In this Business Insight, Drew Wilkinson discusses the important issues about third party risk management.
Booz Allen Hamilton: Third Party Cyber Security Solutions - Reduce Risk with Better Information
The correlation between data breaches and third party service providers has demonstrated the importance of securing your entire enterprise. Unforeseen risk vectors from third parties can have damaging results, and they become exponentially more threatening as networks continue to integrate and entities have access to networks, terminals, and servers. Third parties are the number one security risk to financial services firms in 2015.
Booz Allen Hamilton: Innovation in Third Party Risk Management
To thrive in business today, you need to do more than meet the challenges in front of you. You need to anticipate the future, act decisively and invest wisely to achieve long-term success. Booz Allen is laser-focused on enabling our clients to succeed. Our dedicated teams understand business imperatives, combining in-depth industry knowledge with operational expertise.
Case Study: Leading Financial Services Company Strengthens Compliance with OCC’s Vendor Risk Management Guidelines
The client needed a vendor risk management system that would enable and support compliance with OCC guidelines. MetricStream's solution was the ideal fit as it offered the flexibility to assess vendor risks based on a "3-pillar" approach which had been validated by the OCC.
Vendor Risk Management in a Highly Regulated Business Environment
The Third-Party/Vendor Risk Management Survey conducted by RMA in association with MetricStream drew responses from more than 100 financial institutions across the globe. The survey addressed some of the key areas of vendor governance, including vendor management frameworks, vendor selection and monitoring processes, critical vendors and critical activities, tools and techniques in vendor management, contracts management, regulatory compliance, and fourth-party suppliers.
Datasheet: Vendor Risk Management
The MetricStream Vendor Risk Management (VRM) App enables organizations to manage, monitor, and mitigate vendor risks efficiently and effectively. The App streamlines and standardizes vendor management processes, right from vendor on-boarding and risk profiling, to ongoing vendor monitoring and oversight. The App also integrates global vendors into one cohesive framework for complete visibility into vendor risks.
TCS Enterprise Security & Risk Management: GRC Capabilities and Success Stories
GRC Capabilities and Success Stories from multiple vendors. Features ESRM Service offerings, GRC Exeprtise and implementation success stories with MetricStream and RSA Archer.
TCS Third Party Vendor Risk Assessment
The primary objective of any financial institution is to protect Confidentiality, Integrity and Availability (CIA) of business data and provide effective services to their customers and maintain long term customer relationship.
