Third Party Risk Management (Thomson Reuters / Riskpro)

City: 
Mumbai
Duration: 
1 Day
Fees: 
Rs. 4 500

Vendor Management has been under the regulatory scanner during the recent years. Its growing importance is mainly due to the fact that the complex inter-relationships of various companies is resulting in inherent systemic risk and over-reliance on third parties.

Companies today are outsourcing almost everything and building business models with just a small percentage of business functions internally.

Background

If you thought third party is all about vendors, think again. Employing a third party means more than just vendor risk management. It also involves suppliers, agents, distributors, accountants, intermediaries and sometimes even customers. All these stakeholders are creating risks for your organisation at all times.

Companies have to ensure that there are processes to protect confidential IT information, ensure ethical dealings, mitigating noncompliance with code of conduct and ultimately managing reputation risk.

The Challenge

Outsourcing risk or third party risk are often he silent killers because they can blow out of proportion in a short span of time. A sales agent misbehaving with an important customer, a data theft at outsourced vendor's office are just some examples. All this requires a different risk management lens that focuses specifically on third party risk as a unique risk. Your operational risk frameworks are not adequate.

Location

Thomson Reuters, Ballard Estate, Mumbai

Pricing

Rs4,500 Early bird and Rs 5,500 regular. Pricing is per participant.

Discounts: For three or more nominations from same organization , discount of 10% of the program fee.

Contact

Manoj Jain
98337 67114
manoj.jain@riskpro.in

More Info: 
<a class="btn btn-success" href="/download/Third_Party_Risk_TR_Riskpro.pdf">Download Brochure</a></p>
Tags: 
Tags: 

Other Services of Interest

  • Cloud Security - Knowledge Snippets

    Riskpro presents a series of 5 articles / newsletters on cloud security. Cloud computing is attractive because it offers agility, resiliency and economy to organisations which adopt it. What is less...
  • Corporate Training Ideas - Risk Management and Compliance

    The following training options are appropriate for Banks, NBFC and small banks. • Basic fundamentals of Risk Management (half day) o Including Fraud, Reputational Risk issues also apart from...
  • Third Party Risk Management (TPRM) - Webinar

    EVENT OVERVIEW: TPRM or Third Party Risk Management is not a new concept, but something that needs to be addressed today. With Cybersecurity, Privacy issues emerging every day, often we find that...
  • Global Compliances - Free Webinar on key Global Regulations

    EVENT OVERVIEW: Riskpro India is conducting a free webinar on how to be future ready with respect to Global Compliances. Alleviate risk and strengthen your control on global compliance with this...
  • Sarbanes Oxley (SOX) Compliance - Free Webinar

    EVENT OVERVIEW: Riskpro India is conducting a free webinar on SOX (Sarbanes Oxley) Compliance which will take you through the applicability and requirements of the SOX 404 and 302 Act. The...
  • Internal Audit and IT Audit on Temporary Basis

    Due to the importance of regulatory compliances, it has become essential that companies are able to audit the business operations effectively. To meet this growing demand, Riskpro India offers...
  • India: Data Protection Services

    The EU General Data Protection Regulation (GDPR) is the most important change in data privacy regulation in 20 years. Now India has its own version of Data protection regulation that will change...
  • Fire Safety Assessments and Training

    Some of our features of Fire Safety Assessments and Training • Fire Science • The common causes of fire • Identify fire hazards • Types of fires and extinguishers • Fire...
  • Go to top