Financial institutions increasingly rely on third parties to deliver core processes supporting technology, innovation, customer activities and more. This generates risks associated with data security, compliance, contingency management, reputation and the overall business which must be managed. The Third Party Oversight Group convenes monthly calls to review successful oversight strategies and process to assure effective oversight of third-party services.
Third Party Risk Management Program Staff:
Jim Pitts, Jim.Pitts@FSRoundtable.org