Third-Party Risk Management for Financial Services

The financial services industry must keep a specific focus on third-party relationships, as risk management and regulation in this industry often has a trickle-down effect in other sectors. Additionally, Third-Party Risk Management (TPRM) is a critical requirement for businesses that offer financial services to maintain compliance with federal standards. This guide will serve as a financial industry guidebook for TPRM.

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Key takeaways:

  • The current landscape of TPRM in the financial services sector
  • How to create a TPRM program
  • The ins and outs of assessments
  • How to streamline your TPRM program
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