Wednesday, November 13th | 10 AM-12:30 PM PT | 1-3:30 PM ET
The use of third-party vendors has increased exponentially, exposing organizations to high-profile risks like never before. This is why third-party risk management (TPRM) now consistently features on board agendas in forward-thinking companies.
Join this virtual event and discover how to build a strategy and implement practical tactics to tackle the common challenges of TPRM.
Session 1: Strategy | Your blueprint for an effective TPRM strategy Michael Rasmussen, GRC Research Analyst & Pundit at GRC 20/20 Research 10-11 AM PT | 1-2 PM ET
Get a blueprint for building an effective, cross-functional strategy for managing third parties in today’s dynamic environment of evolving business, regulatory, and risk challenges. Read more
Session 2: Tactics | Why automation is key to a successful TPRM process Chris Murphey, Director of Customer Success at Galvanize 11 AM-12 PM PT | 2-3 PM ET Discover how to automatically collect and screen vendor information so you can more effectively mitigate risk and provide a consistent onboarding process.Read more
Session 3: Demo | How to minimize and manage your third-party risk exposure Brad Andrews, Solutions Consultant at Galvanize 12-12:30 PM PT | 3-3:30 PM ET See how our solution automates the entire TPRM lifecycle—from onboarding, assessment, and remediation, to performance monitoring and ongoing review.Read more
Michael Rasmussen is an internationally recognized pundit on governance, risk management, and compliance (GRC) – with specific expertise on the topics of enterprise GRC, GRC technology, corporate compliance, and policy management. With 26+ years of experience, Michael helps organizations improve GRC processes, design and implement GRC architecture, and select technologies 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.
Chris Murphey is an internationally and multi-industry experienced, Governance, Risk and Compliance (GRC) professional specializing in Third Party Governance. Most notably, he served as the Director of Vendor Risk Management and Director of Financial Compliance for the world’s largest Pharmacy Benefit Manager (Fortune 22). He currently serves as the Director of Customer Success at Galvanize, where he spends his time ensuring his team provides overall customer success by delivering quick time to value for C-Level Executives looking to operationalize, mature and automate their GRC processes.
Effectively managing policies is easier said than done. Ad hoc or passive approaches mean that policies are outdated, scattered across the organization, and not consistent– resulting in confusion for recipients and a nightmare to manage. Organizations often lack a complete inventory of policies as so many departments have gone in different policy directions. Further, there is significant concern of rogue policies as anyone can create a document and call it a policy which may put a legal duty of care upon the organization.
The continual growth of regulatory requirements, complex business operations, and global expansion demand a well thought-out and implemented approach to policy management. It is no longer enough to simply make policies available. Organizations need to guarantee receipt, affirmation, and understanding of policies across the organization. To consistently manage and communicate policies, organizations are turning toward defined processes and technologies to govern policies and implement an effective policy management lifecycle.
This workshops provides a blueprint for attendees on effective policy management in a dynamic business, regulatory, and risk environment where attendees will learn policy management governance and process that can be applied across the organization at either an enterprise or a department level.
GRC 20/20 Instructor:
Michael 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 26+ 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.
Galvanize builds security, risk management, compliance, and audit software. Their mission is to unite these teams in their HighBond platform in order to strengthen individuals and protect organizations.