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 -