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Third-Party Risk Intelligence: Delivering 360° Situational Awareness to the Extended Enterprise

2021-11-02 @ 11:00 am 12:00 pm America/New York

Business today is a complex web of third-party relationships. Gone are the days when an organization was defined by brick-and-mortar walls and traditional employees. Today’s organization is a nested array of third parties – suppliers, vendors, outsourcers, contractors, consultants, temporary workers, service providers, brokers, agents, intermediaries, partners, and more.

Following a siloed approach with assessments of a few risks provides a limited and quickly stale view of third-party risk, leaving organizations vulnerable to supply chain disruptions. Alternatively, integration of continuous, full-spectrum risk intelligence into existing third-party risk/GRC architecture delivers the continuous 360° situational awareness enterprise-wide resilience requires today.

Attendees of this webinar will learn how to:

  1. Achieve 360° third-party situational awareness across the enterprise
  2. Increase efficiency and effectiveness from procurement to risk management for improved operational resilience
  3. Maximize the value of your TPR/GRC platform investment

GRC 20/20 Speaker

Michael Rasmussen, GRC pundit
Michael Rasmussen

GRC 20/20 ResearchMichael Rasmussen – The GRC Pundit @ GRC 20/20 Research, Michael Rasmussen is an internationally recognized pundit on governance, risk management, and compliance (GRC) – with specific expertise on the topics of GRC strategy, process, information, and technology architectures and solutions. With 28+ years of experience, Michael helps organizations improve GRC processes, design and implement GRC architectures and select solutions that are effective, efficient, and agile. He is a sought-after keynote speaker, author, and advisor and is noted as the “Father of GRC” – being the first to define and model the GRC market in February 2002 while at Forrester Research, Inc.

Webinar Sponsor

Supply Wisdom is automating risk management and delivering real-time and continuous risk intelligence and monitoring on third parties and locations. This patented solution is used by multiple business functions, including TPRM, CIO/CISO, Procurement & Sourcing, Vendor Governance & Management, Resilience and Business Continuity to:

  • Establish and enhance third-party risk management and governance
  • Proactively monitor and mitigate business disruption risks
  • Maintain business continuity and resilience
  • Optimize sourcing decisions, including third-party or location selection and negotiations
  • Support vendor assessments and reduce cost of vendor due diligence
  • Streamline and simplify periodic risk assessments and ongoing monitoring of non-critical third parties
  • Monitor and improve cyber susceptibility of third parties

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