Ongoing Monitoring: Managing Third-Party Risk Amid Global Uncertainty
In an era of vast complexities and uncertainties, third-party risk remains one of the most significant compliance threats to modern companies.
This environment of volatility has reinforced the need for businesses to enhance their third-party oversight techniques and monitor market changes more diligently — but the answer to this challenge demands even more than simply adopting the latest third-party gadgetry.
When building an effective third-party management system, the most effective compliance programs always leverage both human and artificial intelligence, combining advanced technologies with expert analyses to provide valuable risk insights.
This integrated approach is precisely what global enforcement authorities have come to expect amid these new frontiers of global change.
This guide explores recent trends and provides a roadmap with strategies that can help proactive compliance teams ensure their monitoring programs are fully prepared for what lies ahead.