AI in Third Party Management -Why it Matters

TPM teams, IT, Security, Boards and Regulators all have third-party risk at the top of mind today. As the recent global CrowdStrike outage so clearly demonstrated, the world is hyper-connected.  Whether we are working with suppliers, service providers, contractors, third-party agents or other vendors, organizations are focused on ensuring that risks are managed rapidly and effectively in the virtual TPM eco-system.

We can help you quickly assess the control efficacy of your third parties, given new threats and risks.  Join our webinar and let us show you how we can take all of your internal control documents and map them against SOCII, PCI reports and even laws. 

Organizations need to show alignment with these international standards, not only to be compliant and keep their organizations secure, but also to give assurances to their customers, partners and regulators.

Join our panel of industry experts including Michael Rasmussen from GRC 20/20, Ashley Jacobs from Western Alliance Bank and Tom Garrubba along with 4CRisk executives Supra Appikonda and Susan Palm as they share how organizations can leverage AI to accomplish Third-party assessments faster and with more efficiency – in days rather than months.

Attendees of this webinar will gain awareness of how their organizations can:

• Understand the Challenge: What Third-party, IT and Security teams must do to address top priorities by leveraging frameworks to ensure adequate controls are in place across their virtual eco-systems.  
• Deep Dive into the Use Cases: See how 4CRisk.ai’s AI-Powered products help organizations understand how their vendors comply with their internal obligations, policy and control framework by comparing vendor documents, such as SOCII, in days, rather than months.
• Imagine More Use Cases: How TPM professionals can use AI to compare their compliance program by comparing their vendors’ contract drift from their external obligations to their internal control environment by matching rulebooks (regulations, rules, and laws) to applicable governance artifacts (policies, procedures, contracts and controls.
• See The Benefits: Quickly understand opportunities to use the power of AI to lower the burden of repetitive and tedious manual work on your third party, regulatory, risk, and compliance professionals.

In case you’re unable to catch the live webinar, please register to receive the recording which you can watch at your convenience.

GRC 20/20 Speaker

Michael Rasmussen is an internationally recognized pundit on governance, risk management, and compliance (GRC) – with specific expertise on enterprise GRC strategy and processes supported by robust information and technology architectures.  With 30+ years of experience, Michael helps organizations improve GRC strategy and processes supported by the correct GRC technology architecture. This enables organizations to align GRC with the business and deliver effective, efficient, resilient, and agile capabilities to the organization.  He is a sought-after keynote speaker, author, and advisor and is noted as the “Father of GRC” — the first to define and model the GRC market in February 2002 while at Forrester.

Webinar Host

In 2020, the 4CRisk.ai team battle-hardened by 100+years of collective GRC experience and a passion for solving the “unstructured data” problem trained neural networks and used advance AI techniques to encapsulate the intent of regulations into mathematical structures called vectors. These vectors are now being used to emulate human intelligence and augment the human effort at scale to perform activities like regulatory research, automate impact assessments, and mitigate the design weakness of your compliance and risk documentation. We are a data-intelligence platform company on a mission to reduce your cost of compliance and decrease the risk of non-compliance. Our AI-powered solutions augment your human-capital to identify, mitigate, and convert risks into opportunities.​