There are three vendor management models that we typically see: centralized, decentralized and a hybrid approach. These allow the vendor risk manager to set standards while allowing for communication through the relationship manager and on to the vendor.
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There are three vendor management models that we typically see: centralized, decentralized and a hybrid approach. These allow the vendor risk manager to set standards while allowing for communication through the relationship manager and on to the vendor.
Throughout this interview, Mike Morris Highlights the SEC Proposed Outsourcing Rule and it's impact on vendor risk management. Listen to learn answers to common questions, tips and suggestions, as well as a general overview of the SEC Proposed Outsourcing Rule.
Third-Party Risk Education
There are three vendor management models that we typically see: centralized, decentralized and a hybrid approach. These allow the vendor risk manager to set standards while allowing for communication through the relationship manager and on to the vendor.