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Banks and other financial services providers have increasingly complex relationships with third parties both at home and abroad. The post Illustration – 3rd Party Series #3 – Third-Party Risk Management in Financial Services appeared...
Banks and other financial services providers have increasingly complex relationships with third parties both at home and abroad.
As outsourcing of key functions, sales and customer relations expand, and third parties themselves turn more to the use of subcontractors, the risks presented become more complex. Companies that use an integrated technology based management system can establish effective control throughout the third-party lifecycle.
Developed by OCEG with contributions from Hiperos.
The post Illustration – 3rd Party Series #3 – Third-Party Risk Management in Financial Services appeared first on OCEG.
Featured in: Controls , Third Party Management , Information Technology , Finance , Risk
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