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3 Ways to Drive Value within Your Third-Party Risk Management Program and Beyond

Fusion Risk Management

A ccording to Deloitte’s global third party risk management survey 2022 , 73% of respondents reported having a high level of dependency on third parties – a nd that reliance is predicted to continuously increase which , in turn, means ongoing related challenges.

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Empowering Customers on Their Resilience Journey with a New Model of Compliance

Fusion Risk Management

By March 31, 2022 firms needed to identify their important business services, map dependencies, and set impact tolerances. Reach out to your Account Manager to learn more about this new integration! Reach out to your Account Manager to learn more about this new integration!

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When You Can’t Rely on a Crystal Ball, Elevate and Invest in Resilience

Fusion Risk Management

This is why in Deloitte’s 2022 worldwide, cross-industry survey , four out of five executives believe that their organization should create a Chief Resilience Officer role. Fully understanding the situation, gathering everything you need, and activating your response can take too long.

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TSPs: Making the Case to Invest in Risk and Resiliency

Fusion Risk Management

Even if it is difficult to use that regulatory hammer to secure funding for budget to purchase technology, this should not stop a progressive organization from using effective risk management disciplines to run their programs and serve their customers. percentage points from January 2017 to January 2022.”

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Operational Resilience in 2023: What Can We Expect?

Fusion Risk Management

I visited many organizations throughout 2022 and observed varying maturity levels in programs on their journey to addressing regulatory and policy requirements related to Operational Resilience. Operational Resilience is much more than just a compliance activity. appeared first on Fusion Risk Management.

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Hurricane Season is Approaching ? Are You Prepared?

Fusion Risk Management

Forecasters have predicted that we may see another hectic hurricane season in 2022. Some forecasters are even saying that 2022 will be on par with 2021, which had 21 named storms, seven hurricanes, and four hurricanes that reached Category 3 or above. appeared first on Fusion Risk Management. The best programs are agile.