Third Party Risk Management (Thomson Reuters / Riskpro)

City: 
Mumbai
Duration: 
1 Day
Fees: 
Rs. 4 500
Training Dates: 
Thursday, 21 April 2016

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>
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