What’s Next in Third Party Risk Management?

What’s Next in Third Party Risk Management?
PRMIA and MetricStream present: What’s Next in Third Party Risk Management? Trends, Regulations and Predictions.
 
  Date:
November 16, 2021

  Time:
11:00 - 12:00 p.m. EST
4:00 - 5:00 p.m. GMT

  Presented By:
Linda Tuck Chapman, Chief Executive Officer at Third Party Risk Institute Ltd. 
Vidyadhar Phalke, Chief Technology Evangelist, MetricStream 
Patricia McParland, Director - Product Marketing, MetricStream
Moderator: Ken Radigan, CEO, PRMIA

 


  Location:
Virtual Event

 

Third parties – your vendors, suppliers, contractors, agents, and others you rely on to conduct your business – are an essential part of doing business. They’re also a key source of risk, from cyber to environmental, social and governance (ESG) and reputational. A single third party event can cause significant damage, as we’ve seen dramatically in the increasingly digitized post-pandemic environment. Third party risk is more in the spotlight than ever, even at the board level.

So how can you protect your organization and stay ahead of what’s next in third party risk management?
Join renowned third-party expert, Linda Tuck Chapman, and MetricStream Chief Innovation Expert, Vidyadhar Phalke, as we discuss what’s new and what’s next in third party risk management, with specific advice you can apply now. Our experts will review the top trends, including:

  • What’s the impact of changing regulations, like the new OCC/interagency guidance for third party management in the U.S. as well as U.K. and German legislation?
  • How should you consider new risks (and opportunities) posed by ESG?
  • How are new technologies like AI, Machine Learning and automation making TPRM more efficient, effective and useful?
  • What’s next on the horizon for third party risk – and how can you apply it in your role?

This session is intended for Chief Compliance Officers, Leaders of Third Party Risk, Chief Risk Officers, Leaders of Procurement, anyone responsible for regulatory engagement and anyone else who’s responsible for third party risk in their organizations. 

 


Speakers  
       
  Linda Tuck Chapman, Chief Executive Officer at Third Party Risk Institute Ltd. 
Ms. Tuck Chapman, advisor, author, and popular speaker specializes in third-party management, optimization and governance. As a former corporate executive and subject matter expert, she delivers unique insight and develops pragmatic solutions that drive enterprise value. She is passionate about driving enterprise value. She is Risk Management Association’s (RMA) subject matter expert and Co-Chair, Third Party Risk Management Roundtable; and Adjunct Professor, RMA/Wharton Advanced Risk Management Program, Wharton Executive Education. Linda is a long-serving Chair, Sourcing Industry Group (SIG) Thought Leaders Council; an Advisory Board Member, Shared Assessment Group; a long-serving Judge for Outsourcing Center’s Global Outsourcing Excellence Awards; Member, CIO Executive Leadership Council (UK); and Lecturer, Center for Outsourcing Research and Education.

Linda is also a regular contributor to leading industry publications including the Wall Street Journal and RMA Journal. Her book “Third Party Management – Driving Enterprise Value” is available on Amazon.com. She has received special recognition from RMA, SIG, and Global Sourcing Leaders. She is an ICB Fellow and Medalist, and holds an MBA (Magna Cum Laude) from Dalhousie University School of Business.
 
       
  Vidyadhar Phalke, Chief Technology Evangelist, MetricStream 
Vidya Phalke is responsible for MetricStream's technical architecture and strategy. Prior to being promoted to the CTO position, Vidya served as Vice President of Product Management and Engineering at MetricStream where he was responsible for Software Products and Platform Delivery. Starting in 2003, Vidya has been instrumental in transforming the, then nascent, GRC Platform vision into an industry-leading GRC Software.

Over the course of his career, Vidya has held various Senior Product Management and Engineering positions in Bivio Networks, Narus and Network Programs, building enterprise-grade businesses and operations support systems.

Before joining the software Industry, Vidya was an Academic at Rutgers University where he won two SBIR grants for cutting-edge research on Databases and Network Optimization. Besides a PhD in Computer Science from Rutgers University, Vidya holds a management degree from MIT Sloan and a Bachelor’s degree from IIT, Delhi, India.

 
       
  Patricia McParland, Director - Product Marketing, MetricStream
Pat McParland is responsible for creating product messaging, product go-to-market plans and analyzing market trends. Pat has more than 25 years of financial data and technology marketing experience and has led product and marketing teams at Dow Jones and Dun & Bradstreet as well as a number of startups. She has a BA from the College of William and Mary and lives in Summit, New Jersey.
 
       
 

Moderator: Ken Radigan, CEO, PRMIA 

Ken Radigan is the CEO of the Professional Risk Managers' International Association (PRMIA). Ken has held high-level posts in prominent multinational insurance corporations, and acted as a risk management consultant in the financial industry. From 1988 to 2014 he held a variety of positions at AIG, ultimately serving as CRO of the Casualty and Global Risk Solutions divisions.  Ken holds a B.A. in Mathematics from the University of Dayton, as well as numerous professional designations, including:  Professional Risk Manager (PRM), Chartered Property Casualty Underwriter (CPCU), Associate in Risk Management (ARM), and Associate in Surplus Lines Insurance (ASLI).
 



  Thank You To Our Sponsor  
     
 

 
     

Continued Risk Learning Credits: 1

PRMIA Continued Risk Learning (CRL) programs provide you with the opportunity to formally recognize your professional development, documenting your evolution as a risk professional. Employers can see that you are not static, making you a highly valued, dynamic, and desirable employee. The CRL program is open to all Contributing, Sustaining, and Risk Leader members, providing a convenient and easily accessible way to submit, manage, track and document your activities online through the PRMIA CRL Center. To request CRL credits, please email [email protected].

Registration

This event is FREE for members and non-members, although registration is required.  Click "Register Myself" below to reserve your spot. Make sure to click "Continue" to proceed with your registration. (If this is your first time accessing the PRMIA website you will need to create a short user profile to register.) Support events like this by becoming a member

 
When
11/16/2021 11:00 AM - 12:00 PM
Where
Sponsored Webinar
 

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