[New Research] 2021 Trends in Third-Party GRC Management
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 Dear Global Risk Community member,

 

2020 was the poster child for disruption. Enterprise risks did not stop within the corporation – they extended to employees’ homes and across our third-party relationships. What did we learn in 2020 and how will that affect Third-Party Risk Management in 2021 and beyond?


A new research report from GRC 20/20 looks at lessons learned from 2020 and outlines expected trends for 2021 as it relates to Third-Party GRC.


In the report, principal analyst Michael Rasmussen discusses five strategic trends for Third-Party GRC, including:

  • Integrity: How organizations are re-evaluating their internal core values, ethics and standards of conduct in 2021
  • Resiliency: What companies can do to maintain operations amid uncertainty and change
  • Governance: How organizations need to develop a more assertive approach to governance to ensure greater oversight
  • Federation: How to move from a siloed third-party management approach to a more collaborative approach
  • Integration: How to incorporate external content and enterprise systems into the third-party risk ecosystem

For a deep dive into each trend and the supporting driver click here to access the full GRC 20/20 Report.

 

Best Regards,

The ProcessUnity Team

 

 

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