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Steering third-party risks in banking: Final guidance by regulatory agencies explained

Final guidelines aimed at bolstering third-party risk management in banking organisations have been issued by a cohort of federal bank regulatory agencies.

What are the key pillars of third-party risk management?

In a recent post by Moody's Analytics, the company outlined three key pillars of third-party risk management.

Long Ridge buys GRC software provider ProcessUnity

Long Ridge Equity Partners has purchased ProcessUnity, a software-as-a-service provider for integrated risk management.

RiskRecon brings in $25m for cyber risk management

RiskRecon, which provides risk management cybersecurity services for the enterprise, has raised $25m in Series B funding.

Prevalent expands platform to determine vendor readiness for GDPR

Prevalent, a provider of Third-Party Risk Management solutions, has introduced new capabilities to enable organisations to assess their vendors' readiness for GDPR.
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