The scale of regulatory compliance in financial services continues to be a significant challenge. Increasingly, regulators have become more focused on how financial institutions are managing outsourcing and third-party risk. The complexity and volumes of regulation make it necessary to apply technology. Traditionally, the focus of technology has been on certain aspects of third-party risk such as financial viability, geopolitical risks, ongoing regulatory compliance, etc. but the areas under increasing regulatory scrutiny, such as ongoing monitoring of third-party performance, reporting, policy compliance, and more remain under-served by technology.
Watch this on-demand webinar to discover how financial institutions can effectively manage third-party risk to satisfy both business and regulatory requirements.
Founder and CEO,