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Third Party Risk Management Ecosystem in Action
Overview
Date
04:10 PM - 05:00 PM (0 hours 50 minutes)
Sunday, April 27
Track
Practical Strategies
Event
In-person
More and more headlines are highlighting significant impacts of third parties and fourth parties to the payments industry and beyond. Think Blue Screen of Death of 2024. During this session, key players within the Third-Party Risk Management (TPRM) lifecycle come together to discuss how interagency guidance and vendor management work together to reduce institutional risk. Attendees hear about key areas of risk and best practices on how to apply interagency guidance from a TPRM practitioner, a vendor manager and one of their key vendors. It takes a village to assess and reduce risk. Transparency and collaboration are paramount to successful programs.