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Leveraging team collaboration to safeguard lifecycles from risks
Collaboration across teams ensures effective risk management throughout the organizational lifecycle, transitioning to a proactive risk-based approach, and developing a comprehensive third-party risk management (TPRM) reporting program involves relationship mapping and continuous due diligence.
Jun 04, 2024
Simon Shepherd
Simon Shepherd, Managing Director, MYRIAD Group Technologies Ltd
Leveraging team collaboration to safeguard lifecycles from risks
The views and opinions expressed in this content are those of the thought leader as an individual and are not attributed to CeFPro or any other organization

  • Collaboration across teams is crucial for identifying and managing risks throughout the organizational lifecycle.

  • Transitioning to a proactive risk-based approach enhances risk management effectiveness.

  • Prioritizing risk management over activity monitoring improves governance.

  • Distinguishing primary risks from cascading risks requires improved visibility.

  • Developing a comprehensive third-party risk management (TPRM) reporting program involves relationship mapping and continuous due diligence.

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