Refocusing on the Boundaries of the Extended Enterprise

Date: Wednesday, November 4, 2020 | Time: 8 am PST | 11 am EST | 5 pm CET

Panelists

Linda

Linda Tuck Chapman
Chief Executive Officer
Third Party Risk Institute Ltd.

Nanda

Nanda Ramanujam
AVP, GRC Solutions
MetricStream Inc.

Organizations today are an interconnected web of relationships that expand beyond traditional boundaries. The role of third parties has grown as organizations benefit from specialized analytical skills, focused customer services, improved geographic outreach, and agility in productizing innovation. In the wake of the disruption caused by global events and economic uncertainty, third parties have helped organizations accelerate virtualization, digitization, and digitalization which can expose them to new and unknown risks.

The pandemic has had considerable impact on the entire third-party ecosystem, including vendors, suppliers, and business partners. Adjusting to the to new business and economic environment, will require organizations to evaluate the risk profile of their third parties, as well as their fourth parties and reaffirm the strength of their resilience. As a result, Third-Party Risk Management (TPRM) has increasingly become an important for organization to maintain discipline and practice to gain enterprise-wide resiliency. Join this webinar where experts will throw some light on how organization can adopt a more holistic, resilient approach to TPRM which will help them to become more proactive, precautionary, and help them manage their third parties more effectively.

Key discussion points:

  • Getting a grip on the scope of the extended enterprise
  • Disruption from the extended enterprise and the need to focus on 4th parties
  • The increasing impact of Digital Risk from Third Parties
  • Managing regulatory and legislative needs in a cross -border environment
  • Leveraging technology to manage Third-Party Risk Management

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