Effective Third-Party Risk Management | Protiviti - United States

Effective Third-Party Risk Management

Risk Management

Effective Third-Party Risk Management

The trend of collaboration between traditional firms, innovative third parties and regulators to respond to fast changing customer demands will continue to increase.  The same holds for expectations to manage risk in distributed environments. Therefore, firms need to modernize responsibly.

This white paper summarizes key elements of an effective third-party risk management lifecycle and how to manage the elements of an R&D process adapted for innovation to support and streamline growth and adopt new technology.