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

Fusion Risk Management

It’s common that many businesses outsource aspects of their operations, but in doing so, they are responsible for ensuring the security posture of those external entities – which is operationally complex, to say the least. This was the objective of our latest innovations to Fusion’s third-party risk management solution.

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Introducing Fusion’s New Argos Risk Integration

Fusion Risk Management

Third – party risk management (TPRM) continues to be a focus area for both regulated and non-regulated entities alike in the operational resilience landscape. The reason being that t hird parties often introduce added risk to organizations outside the scope of their direct control. .

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Preparation Continues for the Digital Operational Resilience Act

Fusion Risk Management

The old way of managing risk and resilience programs is no longer effective or efficient, and regulators have taken note. Currently, TSPs are subject to financial service providers’ requirements via contractual obligations (such as the European Banking Authority’s third-party outsourcing requirements). Risk Management.

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TSPs: Making the Case to Invest in Risk and Resiliency

Fusion Risk Management

Are you able to respond to and manage all of the SLAs (service-level agreements) that you’re required to adhere to contractually? . A recent study by OCEG indicates that operational risk programs are viewed as unnecessary overhead by business units. Or, as so well articulated by the great British writer C.