Third-party risk management has a lot of moving parts. In the financial industry, one that is highly regulated, it’s imperative to have a risk-based system in place to house, analyze, and report on your approach to this governance process.
In this case study, we explore how one bank overcame the challenges presented by large mergers and various point solutions with LogicManager’s risk-based third-party management solution.
In this third-party risk management case study, we’ll cover:
- The bank’s specific challenges with third-party risk management
- How LogicManager has helped the bank streamline and expand upon this program
- The cost and time saving benefits of LogicManager’s integrated platform