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09/2022
“Outsourcing and other third-party relationships can bring multiple benefits to FIs, including: enhanced operational resilience; faster and more tailored financial products and services; cost reduction; greater innovation; and improved internal processes. However, outsourcing and third-party relationships can give rise to new or different risks to FIs and potentially to financial stability that need to be adequately managed.”  Prior to the 1990s, a reference to third-party risk management (TPRM) in a financial institution (FI) meant you were talking about oversight of outsourced technology...
07/2022
September 2022 Welcome to the September edition of Industry Insights for Consumer Products and Retail.  Pumpkin spice. Fan or foe? No matter where you stand on the highly-debatable topic it is generally an indicator that fall is right around the corner. Like most fall favorites, data, artificial intelligence and automation are permeating all facets of the industry this season. In this month's issue, we look at data and intelligence in sustainability, supply chain and customer experience. Subscribe   Learn more about Protiviti: BLOG | INSIGHTS | WHO WE ARE Webinar | Managing the Data...
12/2021
(Offered in Conjunction With Protiviti’s The Bulletin, “Setting the 2022 Audit Committee Agenda”[1]) As they self-assesses their performance periodically, audit committees may find useful the illustrative questions we have made available in our Assessment Questions for Audit Committees to Consider. Committee members should periodically assess the committee’s composition, charter and agenda focus in view of the company’s industry, circumstances, risks, financial reporting issues and current challenges it may be facing. In Assessment Questions for Audit Committees to Consider, we cover the...
10/2021
Amid Expanding Definitions and Growing Attention from Regulators, How to Make Conduct Risk Strategy Work As regulators and the public have paid more attention to financial firms’ conduct, customer vulnerability risen and the definitions of conduct widened, the importance of a strong conduct risk framework has grown. The next step for firms is to figure out how to use their huge volumes of data to help predict potential bad behavior and identify vulnerable customers to be proactive after decades of being reactive. Read Now ADDITIONAL INSIGHTS Insights | Internal Audit, Risk,...
03/2021
March 2021 Welcome to the March edition of Industry Insights for CPG and Retail. On a monthly basis we dive in to the latest trends and topics. Our team has curated industry news, insights and resources to help you and your team keep forging ahead in 2021. Sign up for monthly Consumer Products & Retail Insights in your inbox   Learn more about Protiviti: BLOG | INSIGHTS | WHO WE ARE Top Risks for the Next Decade: A Global Perspective Our global survey of C-level executives and directors on macroeconomic, strategic and operational risks highlights their views regarding a...
02/2021
February 2021 Welcome to the February edition of Industry Insights for CPG and Retail. On a monthly basis we dive in to the latest trends and topics. Our team has curated industry news, insights and resources to help you and your team keep forging ahead in 2021. Sign up for monthly Consumer Products & Retail Insights in your inbox   Learn more about Protiviti: BLOG | INSIGHTS | WHO WE ARE Top Risks for Consumer Products and Retail in 2021 and 2030 Notable risk drivers are all contributing to significant levels of uncertainties, making it extremely difficult to anticipate what...
02/2021
JANUARY 2021 New year. New beginnings. Welcome to the January edition of Industry Insights for CPG and Retail On a monthly basis we dive in to the latest trends and topics. Our team has curated industry news, insights and resources to help you and your team keep forging ahead in 2021. Sign up for monthly Consumer Products & Retail Insights in your inbox Learn more about Protiviti: BLOG | INSIGHTS | WHO WE ARE Infographic: Finance Priorities in the COVID Era - Retail Edition Major crises expose the true nature of things. In the face of extreme pressure, organizations discover just...
12/2020
DECEMBER 2020 During what has been the most unconventional year of our lives we wish you and yours good health and safety during the upcoming holiday season. Thank you for reading Industry Insights for CPG and Retail, Protiviti's last edition of 2020. Dive in to the latest trends and topics before you head off for well-deserved time away from your virtual office. Our team has curated industry news, insights and resources to help you and your team keep forging ahead in 2021. Cheers to the New Year! Sign up for monthly Consumer Products & Retail Insights in your inbox Learn more about...
12/2020
November 2020 In the spirit of the season we simply want to say thank you for reading Protiviti's November edition of Industry Insights for CPG and Retail. We appreciate you. Dive in to the latest trends and topics before you head off for some well-deserved time away from your virtual office. Our team has curated industry news, insights and resources to help you and your team keep forging ahead. Sign up for monthly Consumer Products & Retail Insights in your inbox   Learn more about Protiviti: BLOG | INSIGHTS | WHO WE ARE Global Finance Priorities in the COVID Era Major crises...
11/2020
OCTOBER 2020 Today's environment is shifting at a rapid pace, and staying on top of changes in your industry is more critical than ever. Dive into the latest trends and topics. As a trusted advisor to many CPG and retail companies, our team has curated industry news, insights and resources to help you and your teams. Thank you for reading Protiviti's October edition of Industry Insights for CPG and Retail. Learn more about Protiviti: BLOG | INSIGHTS | WHO WE ARE Guide to Business Continuity & Resilience To help Consumer Products and Services organizations prepare and plan for...