Head of Vendor Risk & Control for Global Financial Institution
Will Share Best Practices in Hands-On Educational Session
What regulators are requiring in vendor governance, what is driving
their actions, and what the future holds.
How a top 10 global bank designed a vendor risk management framework
and supporting operations/technology capabilities to support tens of
thousands of risk owners and hundreds of thousands of supplier
services in an increasingly regulated environment.
How to implement a highly scalable, end-to-end vendor risk management
framework that covers parallel workflows of on-boarding of new
vendors, renewing vendor contracts, as well as taking real-time
business feeds (e.g., payment, reputational) and business performance
Best practices around vendor risk management.
SUNNYVALE, Calif.--(BUSINESS WIRE)--
Inc., the Big Data Risk Company™ and leading independent provider of
integrated solutions for Operational and Security Risk programs, today
announced that it will host a webinar in collaboration with BankInfoSecurity.com
on vendor risk management best practices, Thursday, July 31, 2014 at
11:30 AM Eastern Time. Entitled, “How
to Tackle Vendor Risk Management: Operationalizing Third-Party Risk
Management in Today’s Regulated Environment”, the webinar will offer
expert advice from Nate Bedrossian, global head of vendor risk and
control at a major international financial institution, and Kevin
Barcellos, director of technical alliances at Agiliance.
With many organizations pushing outsourcing to its limits, regulators
and standards bodies (e.g., MAS, OCC, BaFin, FCA, FedRAMP, BITS, NERC,
NEI, ISO, PCI Security Council, AICPA, and Cloud Security Alliance) are
increasingly mandating the use of supplier risk management frameworks.
Systems and process failures by third parties can have catastrophic
reputational and operational consequences for an organization. Thus,
assessing just the top 25 critical vendors is no longer sufficient.
“It is no longer sufficient to simply implement procedures to manage
vendors and the risk they may pose to an organization, we now need to
also safeguard against third-party related control failures,” said
Torsten George, vice president of worldwide marketing and products at
Agiliance. “In this webinar we will explore how organizations can
fulfill their regulatory mandates and implement an end-to-end risk
assessment process that covers everything from on-boarding, contract
execution, KPI monitoring to risk mitigation actions.”
Moderated by Tom Field, vice president of editorial at Information
Security Media Group, the webinar will provide practical advice on how
organizations can leverage enterprise vendor risk management systems
such as RiskVision™
to continuously monitor and manage third-party risks (operational,
reputational, cyber/cloud) downstream in the supply chain.
This educational webinar will specifically cover:
The first broadcast of this webinar is scheduled for July 31, 2014 at
11:30 AM Eastern Time. For more information, additional broadcast dates,
and to register, visit http://bit.ly/1rI9JIt.
Agiliance, the Big Data Risk Company, is the leading independent
provider of integrated solutions for Operational and Security Risk
programs. Agiliance is automating how Global 2000 companies and
government agencies continuously monitor big data for risks across
financial, operations, and IT domains to increase operational efficiency
and orchestrate incident, threat, and vulnerability actions in real
time. RiskVision customers demonstrate automation use cases within 30
days on-demand, and within 60 days on-premise, made possible by a
configurable platform and applications, broad library of technology
integrations, and vast domain and regulatory content. RiskVision scales
with businesses, effectively managing assets, data, people, and
processes to achieve 100 percent risk and compliance coverage. Its
real-time risk analysis leads to optimized business performance and
better investment decisions. For more information, please visit www.agiliance.com.
Marc Gendron Public Relations
Marc Gendron, +1 781-237-0341
Source: Agiliance, Inc.