Innovation in Compliance - Third-Party Management: A Risk-Based Approach - Part 3: Kairi Isse on Implementation and Maintenance

Thomas Fox - Compliance Evangelist
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Welcome to a special 5-part podcast series sponsored by Diligent. Over this series, I will visit with Michael Parker, the Director of Consulting and Advisory Services; Stephanie Font, Director, Operations Optimization Group; Adam Bailey, Senior Vice President, Product Management and Alexander Cotoia, Regulatory Compliance Manager from the Volkov Law Group. In this Part 3, I visited with Kairi Isse on the implementation of your third-party risk management program after the contract is See more +
Welcome to a special 5-part podcast series sponsored by Diligent. Over this series, I will visit with Michael Parker, the Director of Consulting and Advisory Services; Stephanie Font, Director, Operations Optimization Group; Adam Bailey, Senior Vice President, Product Management and Alexander Cotoia, Regulatory Compliance Manager from the Volkov Law Group. In this Part 3, I visited with Kairi Isse on the implementation of your third-party risk management program after the contract is executed.

Learning about the risk posed by third-party vendors to a company’s compliance program can be an eye-opening experience. However, through the use of an AI-based ongoing monitoring search tool with customizable features and auditable trails, for third-party risk management, an organization can ensure that their compliance programs are effective and reduce their risks of fines and reputational damage in the implementation stage after a contract is executed.

Key Highlights:

How can modern companies effectively manage third-party risk and protect their reputation?

What are the best ways to monitor third parties in a stable vendor ecosystem?

How can AI and machine learning make third-party management more efficient and effective? See less -

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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