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Challenges and Trends Shaping Third Party Management from 2020 into 2021

2020-10-27 @ 12:30 am 1:00 pm CDT

Join us as we take a detailed look at the drivers of third party management – governance, risk, and compliance.

Organizations are no longer a self-contained entity defined by brick and mortar walls and traditional employees. The modern organization is comprised of a mixture of third party relationships that nest themselves in complexity and further relationships. Organizations are a mixture of contractors, consultants, temporary workers, agents, brokers, intermediaries, suppliers, vendors, outsourcers, service providers, and more. 

The extended enterprise of third party relationships brings on a range of third party governance, risk management and compliance challenges to be concerned about. Managing third parties has risen to be a significant regulatory, contractual, and board-level governance mandate, particularly in the era of COVID-19. Organizations need to be fully aware of the risks in third party relationships and manage this risk throughout the lifecycle of the relationship, from on-boarding to off-boarding of a third party. 

Join us for this webinar as we take a detailed look at the drivers of third party management – governance, risk, and compliance.

Learning Objectives:

  • Identify current and trending regulations impacting third party management
  • Learn about the expansion of business resumption – especially after COVID-19 – and how to address rising regulatory expectations for third and fourth party providers
  • Recognize what is working and what is not working in third party management strategy, process, and technology
  • Discover what we’re expecting to see in 2021, including cybersecurity and predictive third party risk management, and how you can prepare

Speakers:

  • Jay Fitzhugh, Chief Regulatory Officer, Mitratech
  • Michael Rasmussen, GRC Analyst & Pundit, GRC 20/20 Research, LLC

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 27+ 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

Mitratech is a proven global technology partner for corporate legal, risk, and compliance professionals seeking to maximize productivity, control expense, and mitigate risk by deepening organizational alignment, increasing visibility and spurring collaboration across the enterprise. With Mitratech’s proven portfolio of end-to-end solutions, enterprises worldwide are able to implement best practices and standardize processes throughout their organizations and realize fast time-to-value. Serving 1,200 organizations of all sizes worldwide, Mitratech works with almost 40% of the Fortune 500 and over 500,000 users in over 160 countries. For more info, visit: www.mitratech.com.

Webinar Host

OCEG is a global, nonprofit think tank and community. We inform, empower, and help advance our 85,000+ members on governance, risk management, and compliance (GRC). Independent of specific professions, we provide content, best practices, education, and certifications to drive leadership and business strategy through the application of the OCEG GRC Capability Model™ and Principled Performance®. An OCEG differentiator, Principled Performance enables the reliable achievement of objectives while addressing uncertainty and acting with integrity. Our members include c-suite, executive, management, and other professionals from small and midsize businesses, international corporations, nonprofits, and government agencies. Founded in 2002, OCEG has locations around the globe.

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