U-Reg’s Post

9 in 10 respondents have directly invested in a third-party risk management program according to the EY2023 Global Third-Party Risk Management Survey. Have you invested in one? Shining the spotlight on Risk Assessment Solutions available on the IMAS Fintech Directory. Tackle credit risks and compliance issues with solutions from our member firms: - Criat - MCO (MyComplianceOffice) - U-Reg Empower your risk management strategies with advanced tools tailored to your needs. It's time to stay ahead of the curve and mitigate risks effectively. Check out these solutions and more on our Fintech Directory here: https://lnkd.in/gpE5nnYE. #imas #assetmanagement #risk

Read my latest Blog: Navigating Third-Party Risk Management: Roles and Responsibilities https://hubs.ly/Q023_Y050 🔒 Protecting your organisation from operational risks linked to third-party relationships is crucial. Learn from MS Amlin's operational risk failings and subsequent fine by the PRA. Discover the challenges faced in Third-Party Risk Management and how it impacts effectiveness. Find out how to enhance your approach and reduce operational risks. #RiskManagement #ThirdPartyRiskManagement #OperationalResilience

Is your operational risk management compliance ready? #FINMA Circular 2023/1 reflects significant changes with potential implications on how companies are expected to manage #operationalrisk, particularly with handling critical data, #cyberrisk and ensuring #operationalresilience. Read how our rapid diagnostic approach can support you effectively towards compliance 👉 https://deloi.tt/3r8E8sO

With 2024 planning, budgeting, and prioritizing underway, now is the perfect time to think about what the next year has in store for your organization's third-party vendor and supplier risk management. Join Alastair Parr, Prevalent SVP of Global Products and Services, on October 25th as he reviews this year in third-party risk and explores the emerging trends that will drive third-party risk management programs in 2024. #TPRM #ThirdPartyRiskManagement #VendorRisk #SupplierRisk #2024

Despite the majority of significant losses in market value being attributed to mismanaged strategic risks, risk managers and auditors predominantly allocate their time to financial reporting, legal, and compliance risks. https://lnkd.in/eD36yJyz The study underscores the need for companies to reassess their risk management practices, with a particular emphasis on addressing strategic risks, optimizing resource allocation, and adopting best practices that promote a balanced approach to risk management. #riskmanagement #erm #risks #riskanalysis #riskassessment #riskmitigation #enterpriseriskmanagement

At Securance, we're committed to guiding organisations through the complexities of operational Risk Management to achieve sustained success and resilience. In our latest blog post, we explore: ▪ The importance of a dynamic, continuously evolving Risk Management framework. ▪ Practical insights and advanced practices to enhance your Risk Management strategies. ▪ How technology such as Risk Management tooling can fortify your Risk Management framework. Understanding these elements can transform your approach from reactive to proactive, ensuring you're prepared for future challenges. Read the full article to gain deeper insights into securing your organisation against operational risks and driving business growth. 🔗 https://lnkd.in/eNCTSfsW #riskmanagement #businessresilience #operationalrisk #Securance #integratedapproach #risicobeheer #orm

Enterprise Risk Management (ERM) encapsulates a comprehensive approach to managing all sorts of risks a business might face. Corporates and banks utilize distinct approaches in managing these risks, primarily driven by their varied operating environments and regulatory requirements. Let’s delve into the fundamental frameworks and differences that define how they tackle ERM, especially focusing on nonfinancial risk 👉https://hubs.li/Q024N4Yv0 #erm #riskmanagement #enterpriseriskmanagement #nonfinancialrisk

Learn more about Venminder's third-party risk management platform: https://hubs.ly/Q02wqRdB0 Finance Manager in the Banking Industry gives Venminder 5/5 Rating in Gartner Peer Insights™ IT Vendor Risk Management Solutions Market. Read the full review here: https://hubs.ly/Q02wqLDG0 #gartnerpeerinsights

The EY global risk management survey results surface new challenges faced by today’s CRO as their strategic and tactical remit expands. Learn more: https://ow.ly/8Lhv30sBLLu #EYCanada #BetterWorkingWorld

Sound governance requires organizations to address all risks in a balanced manner, weighing both opportunities and threats. At Bennett Thrasher, we understand the importance of robust risk management. Our Risk Advisory Services offer crucial support in IT and business risk consulting, internal audit, and SOC reporting to ensure your organization meets its strategic objectives with optimal risk. Contact us to learn how we can help you align your risk management strategies with your business goals. #RiskManagement #SOC #InformationTechnology #InternalAudit https://lnkd.in/eBDp4pQN