Fusion Risk Management

JANUARY 5, 2023

Increasingly, financial services supervisory authorities are seeking to ensure that the third parties that are supporting a firm’s important business services meet all resilience requirements. It formalizes existing third-party outsourcing requirements and provides more prescriptive guidance on regulatory expectations.

Resilience 52

Resilience Financial Services Audit Outsourcing 52

Fusion Risk Management

SEPTEMBER 27, 2022

If your organization does business within the financial services eco system, you’re expected to adhere to financial services third-party outsourcing requirements contractually – even if you r organization is not directly regulated by the supervisory authority.

Financial Services 52

Financial Services Risk Management Outsourcing Strategic 52

Fusion Risk Management

JANUARY 31, 2024

They need to monitor and control contractual arrangements on a continuous basis and ensure that they not only understand what is being asked of them but also that they are adapting their program to achieve and maintain compliance with DORA.

Management 52

Management Risk Management Activation Outsourcing 52

Marketpoint Recall

JUNE 14, 2018

Your finance team are there to ensure the right insurance is purchased and to provide the documentation that the regulatory authorities require throughout a recall. Legal counsel – in-house or outsourced. They also have full awareness of the damage hitting the balance sheet. Operations – know all the processes of the company.

Outsourcing 52

Outsourcing Authorization Insurance Insurance 52

OffsiteDataSync

FEBRUARY 25, 2022

Backups must be logically separated so it’s difficult for anyone without the proper authorization to access them. And storing at least one copy offsite ensures a single event can’t destroy all of your backups. In the era of ransomware, though, offsite means more than physically separated.

Backup 52

Backup Media Outsourcing Disaster Recovery 52

Fusion Risk Management

FEBRUARY 10, 2022

Third-party risk management is one step removed – you’ve outsourced an activity, and you’re now relying on your third party to manage the complaints. Tracking and managing complaints can be challenging. Rarely will you hear customers expressing frustrations first-hand.

Evaluation 52

Evaluation Outsourcing Risk Management Media 52

Fusion Risk Management

SEPTEMBER 12, 2022

Your customer may be subject to third-party outsourcing requirements by their own regulators , like the European Banking Authority’s Outsourcing Requirements , and they may ask to sign an addendum . Fusion’s solutions serve as a data hub for risk and resiliency, enabling you to : .

Resilience 52

Resilience Insurance Insurance Audit 52

Security Industry Association

JUNE 14, 2021

BS : One of the main challenges that we currently have in the new security industry is the adoption and understanding of cloud-based outsourcing in a context where data security and privacy are crucial. What are the biggest challenges facing your company and/or others in the security industry?

Outsourcing 52

Outsourcing Security Technology Manufacturing 52

LogisManager

MAY 9, 2023

” You can outsource the activity to the vendor but not the risk. About the Author: Steven Minksy Steven Minsky is a recognized thought leader in risk management , CEO and Founder of LogicManager. Steven is well known for his precinct abilities to guide organizations through future risk events.

Banking 98

Banking Risk Management Management Corporate Governance 98

Solutions Review

DECEMBER 7, 2023

In 2024, it will be crucial to optimize the transparency afforded by these regulations, and by dragging cybercriminals out into the open, authorities can more effectively curtail their illicit activity.” Outsourcing, white labelling, is a great way to deliver a high quality and diverse portfolio to customers.

High Availability 59

High Availability Disaster Recovery Application Technology 59

Online Computers

AUGUST 3, 2022

While it’s true they often use office managers, these position holders usually handle the day-to-day operations and aren’t given the authority to make decisions for large purchases or contracts. But even if there’s only one person at the top, the decision may still not be an easy one to make. A Question of Qualification.

Technology 52

Technology Healthcare Authorization Education 52

Marketpoint Recall

MAY 28, 2019

The staff on the other end of the phone needs to be in-house employees or a well-trained, outsourced staff who understand the values of the company. The correct people are then aware of the processes and can carry out the various tasks needed to ensure that the authorities and your customers have all of the information they need.

Media 52

Media Communications Marketing Evaluation 52